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    505 Thompson Ave

    Mountain View, CA 94043
    • $2,525,000
    • STATUS: Active
    • ON SITE: 45 days
    • ID#: ML81825570
    UPDATED: 161 min ago
    $2,525,000
    • 0
      BEDS
    • N/A
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 2,896
      SQFT
    • $872
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1963
    County:
    Area:

    School Ratings & Info

    Description

    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.

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    © 2021 MLSListings Inc. Based on information from MLSListings MLS as of 2021-02-27T23:48:16.673. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. DX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Intero Real Estate.

    Licensed in the State of California.
    www.dominicnicoli.com/homes/113233976
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    505 Thompson Ave Mountain View, CA 94043

    • Price: $2,525,000
    • Status: Active
    • Updated: 161 min ago
    • ID#: ML81825570
    0
    Beds
    0
    Baths
    0
    ½ Baths
    N/A
    Acres
    2,896
    SQFT
    $872
    $/SQFT
    1963
    Built
    Neighborhood:
    Thompson
    County:
    Santa Clara
    Area:
    Thompson
    Property Description
    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.
    Exterior Features

    Construction Type Wood Frame Foundation Concrete Perimeter Garage Parking Assigned SpacesCarportCovered ParkingOff-Street ParkingParking AreaUncovered Parking Lot Description Grade - Level Number Of Buildings 1 Pool YN No Roof Shingle Stories 1 Yard Grounds Back YardBalcony / PatioFenced

    Interior Features

    Additional Rooms Laundry RoomStorage Beds Unit1 2 Beds Unit2 2 Beds Unit3 2 Beds Unit4 2 Cooling Ceiling Fan Flooring Laminate Heating GasWall Furnace Kitchen Features DishwasherGarbage DisposalMicrowaveOven Range - ElectricRefrigerator Laundry Coin Operated Structure Sq Ft 2896

    Property Features

    Accessibility Features None Additional Listing Info Not Applicable City Limits Yes City Name Mountain View Cross Street Alvin Street Energy Saving Features Double Pane Windows Hoa YN No Horse Property YN No Incorporated Yes Lot Size Area Maximum 9373.00 Meters Master WaterSeparate Electric Property Sub Type Fourplex Rent Unit1 2104 Rent Unit2 3053 Rent Unit3 2282 Rent Unit4 2900 Security Features Fire System - Suppression Sewer Septic Sewer - Public Sq Ft Source Assessor Utilities Individual Electric MetersNatural GasPublic Utilities Water Public Zoning R3-2.5

    © 2021 MLSListings Inc. All rights reserved. Listing provided courtesy of Ismael Benhamida of Marcus & Millichap.


    © 2021 MLSListings Inc. Based on information from MLSListings MLS as of 2021-02-27T23:48:16.673. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. DX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Intero Real Estate.

    Licensed in the State of California.
     
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