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Key Details
Sold Price $2,562,000
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Sold
Purchase Type For Sale
Square Footage 2,880 sqft
Price per Sqft $889
MLS Listing ID ML81825564
Sold Date 06/08/21
HOA Y/N No
Year Built 1963
Annual Tax Amount $31,991
Lot Size 0.303 Acres
Acres 0.3027
Property Description
Offering memorandum available. Part of a portfolio of six fourplexes. Wonderful Mountain View fourplex that sits on a large 13,184 SqFt lot and includes three 2-bed/1-bath units and one 2-bed/2-bath unit, with a total living area of 2,880 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 $11,232/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 large lot, renovated units, excellent schools, proximity to Silicon Valley employers, and value-add potential make 493 Thompson Ave. a great opportunity for both the cash flow and appreciation minded investor.
Location
State CA
County Santa Clara
Area 699 - Not Defined
Zoning R3-2.5
Interior
Heating Wall Furnace
Flooring Laminate
Fireplace No
Appliance Dishwasher, Disposal, Microwave, Refrigerator
Exterior
Garage Covered, Carport, Off Street, Uncovered
Carport Spaces 6
Utilities Available Natural Gas Available
Roof Type Shingle
Accessibility None
Parking Type Covered, Carport, Off Street, Uncovered
Total Parking Spaces 2
Building
Lot Description Level
Story 1
Foundation Concrete Perimeter
Sewer Public Sewer
Water Public
Schools
Elementary Schools Other
Middle Schools Other
High Schools Los Altos
School District Other
Others
Tax ID 14718057
Financing Conventional
Special Listing Condition Standard
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Bought with Michelle Sun • AEZ Investment, Inc.
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Tracy Thrower Conyers
Broker Associate, JD | License ID: 01712960
Broker Associate, JD License ID: 01712960