505 Thompson Avenue, MOUNTAIN VIEW

$2,525,000

0 Bed
0 Bath
9,373 Sqft
.22 Acre
0 Garage

Offering memorandum available. Part of a portfolio of six fourplexes. Wonderful Mountain View fourplex that sits on a large 9,373 sq.ft. lot and includes four 2-bed/1-bath units with a total living area of 2,896 SqFt. Single-story cottage style units with large private backyards located off of a quiet street comprised of mainly single-family homes. Current rent of $10,339/month. Fully renovated units, and current ownership of over 20 years has consistently improved and maintained the property. Opportunity to add further value by repositioning the property to the preferences of Silicon Valley tech employees. Core location 1.3 miles from Google's headquarters. One block to Safeway and restaurants. Feeds into top ranked Los Altos High School. The great location, large lot, renovated units, excellent schools, proximity to Silicon Valley employers, and value-add potential make 505 Thompson Ave. a great opportunity for both the cash flow and appreciation minded investor.

Essential Information
MLS® #52262570
Price$2,525,000
Square Footage9,373
Acres0.22
Year Built1963
TypeResidential Income
Sub-TypeFOURPLEX
StatusActive
Community Information
Address505 Thompson Avenue
AreaAll Other Counties/States
CityMOUNTAIN VIEW
CountySanta Clara
StateCalifornia
Zip Code94043
Amenities
Parking Spaces4
Interior
HeatingGas, Wall Furnace
CoolingCeiling Fan(s)
Exterior
ExteriorDual Pane Windows
Lot DescriptionLevel
Additional Information
Date ListedJanuary 13th, 2021
ZoningR3-2
Listing Details
AgentIsmael Benhamida
OfficeMarcus & Millichap
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Listing information last updated on March 5th, 2021 at 9:01am PST.