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Off market
  • $2,510,800

    487 Thompson Ave, Mountain View, CA 94043

    --beds
    0baths
    2,896sqft
    MultiFamily
    Built in 1963
    -- sqft lot
    $2,510,800 Zestimate®
    $867/sqft
    $4,671 Estimated rent

    Home value

    $2,510,800

    $2.28M - $2.76M

    $4,671/mo

    Zestimate® history
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    $4,671/mo

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    Rent Zestimate®

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    $15,912/mo

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    $15,912/mo

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    What's special

    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 sq.ft. Single-story cottage style units with large private backyards located off of a quiet street comprised of mainly single-family homes. Current rent of $10,846/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 487 Thompson Ave. a great opportunity for both the cash flow and appreciation minded investor.

    This property is not currently displayed as for sale or rent on Zillow. This may be different from what's on other websites or public sources.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bathrooms: 0
    Heating
    • Wall, Electric, Gas
    Cooling
    • None
    Appliances
    • Included: Dishwasher, Garbage disposal, Microwave, Range / Oven, Refrigerator
    • Laundry: Coin Operated
    Features
    • Flooring: Laminate
    • Has fireplace: No
    Interior area
    • Total interior livable area: 2,896 sqft

    Property

    Lot
    • Size: 9,374 Square Feet
    Details
    • Parcel number: 14718056

    Construction

    Type & style
    • Home type: MultiFamily
    Materials
    • Roof: Composition
    Condition
    • Year built: 1963

    Utilities & green energy

    • Utilities for property: Public Utilities, Individual Electric Meters, Natural Gas

    Community & HOA

    Community
    • Security: Fire System - Suppression
    Location
    • Region: Mountain View

    Financial & listing details

    • Price per square foot: $867/sqft
    • Tax assessed value: $2,673,606

    Price history

    DateEventPrice
    7/2/2021Sold$2,470,000-2.2%$853/sqft
    Source: Public Record Report a problem
    1/13/2021Listed for sale$2,525,000$872/sqft
    Source: Marcus & Millichap #ML81825563 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2026-- $2,673,606 +2%
    2025$30,988 +0.2%$2,621,183 +2%
    2024$30,920 +1.3%$2,569,788 +2%
    2023$30,515 +0.3%$2,519,400 +2%
    2022$30,430 +263.9%$2,470,000 +273.1%
    2021$8,362 +0.6%$662,032 +1%
    2020$8,313 $655,244 +2%
    2019$8,313 +5.4%$642,398 +2%
    2018$7,886 $629,802 +2%
    2017$7,886 +4.7%$617,454 +2%
    2016$7,535 +4%$605,348 +1.5%
    2015$7,246 +1.2%$596,256 +2%
    2014$7,161 $584,578 +0.5%
    2013-- $581,938 +2%
    2012-- $570,528 +2%
    2011-- $559,342 +0.8%
    2010-- $555,162 -0.2%
    2009-- $556,482 +2%
    2008-- $545,572 +2%
    2007-- $534,876 +2%
    2006-- $524,390 +2%
    2005-- $514,108 +2%
    2004-- $504,028 +1.9%
    2003-- $494,792 +2%
    2002-- $485,092 +2%
    2001-- $475,582
    Find assessor info on the county website

    Neighborhood: Monta Loma

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $2,510,800
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    Estimated market value
    $2,510,800