NOT LISTED FOR SALE
9 Beds
5 Baths
3,948 Sq Ft
8,368 Sq Ft Lot

Last Sold December 02, 2022

Last sale price $2,100,000 $532 Per Sq Ft

52 Days on Market

Highlights

  • Wood Flooring
  • Balcony
  • Forced Air Heating and Cooling System
  • Latimer Elementary School Rated A-
  • 4 Car Detached Garage
  • Coin Laundry

About This Home

As of December 2022

Magnify is pleased to present 10 Superior Drive, a four (4) unit multifamily property located in the highly desirable city of Campbell. Constructed in 1969, the building consists of (1) spacious 3BD/2BA with a private backyard, (3) large 2BD/1BA with a private patio or balcony, and (4) garages with potential to increase cash flow by converting into an ADU. The total building square footage is 3,948 per county record and sits on a large 8,288 sqft corner parcel with excellent curb appeal. The building is in outstanding condition with recent capital improvements including a new roof, copper repipe, dual-pane windows, electrical upgrades, new water heater, and low-maintenance landscaping with artificial grass. The property is just minutes from downtown Campbell, Westgate Center, Pruneyard Shopping Center, & Los Gatos Creek County Park. It also features easy access to Highway 17, Highway 85, and San Tomas Expressway, with close proximity to top employers including Netflix, EBay, and Roku.

Last Agent to Sell the Property

Eric Katz

Katz Inc License #01900078 Listed on: 08/29/2022

Last Buyer's Agent

Robin Wickman

Compass License #00973933

Compass

Property Details

Home Type

  • Multi-Family

Year Built

  • 1969

Lot Details

  • 8,368 Sq Ft Lot
  • Grass Covered Lot
  • Back Yard

Parking

  • 4 Car Detached Garage
  • Uncovered Parking

Home Design

  • Quadruplex
  • Shingle Roof
  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 3,948 Sq Ft Home
  • 2-Story Property

Flooring

  • Wood
  • Carpet
  • Vinyl

Outdoor Features

  • Balcony

Utilities

  • Forced Air Heating and Cooling System
  • Separate Meters
  • Individual Gas Meter

Listing and Financial Details

  • Total Actual Rent $115,764
  • Month-to-Month Lease Term

Community Details

Overview

Amenities

  • Coin Laundry

Building Details

  • 4 Leased Units
  • Gardener Expense $1,200
  • Insurance Expense $1,974
  • Maintenance Expense $2,000
  • Utility Expense $2,772
  • Trash Expense $3,253
  • Operating Expense $40,904
  • Gross Income $113,222

Property Details

Home Type

Multi-Family

Year Built

1969

Lot Details

0

Parking

4

Listing Details

  • Zoning: P-D
  • Subclass: Fourplex
  • Age: 53
  • Listing Class: Residential Income (2-4 Units)
  • Structure Sq Ft: 3948
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1969

Interior Features

  • Living Sq Ft: 3948
  • Stories: 2
  • Laundry: Coin Operated
  • Flooring: Carpet, Hardwood, Vinyl / Linoleum

Exterior Features

  • Foundation: Concrete Perimeter
  • Roof: Composition, Shingle
  • Yard/Grounds: Back Yard, Balcony / Patio, Low Maintenance

Garage/Parking

  • Garage Spaces: 4
  • Parking Spaces: 4
  • Garage Parking Features: Detached Garage, Uncovered Parking

Utilities

  • Cooling System: Central Forced Air - Gas
  • Heating System: Central Forced Air - Gas
  • Sewer/Septic System: Sewer - Public

Schools

  • School District: Campbell Union High

Lot Info

  • Lot Acres: 0.1921
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 8367.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 8367.00

Rental Info

  • Existing Lease Term(s): 1 Year Lease, Month To Month
  • Gross Rent Multiplier: 18.42
  • Number Of Leased: 4

Multi Family

  • Utilities: Individual Electric Meters, Individual Gas Meters, Public Utilities
  • Expense Insurance: 1974
  • Expense Landscape: 1200
  • Expense Maintenance: 2000
  • Expenses Total: 40904
  • Expenses Utility: 2772
  • Expense Trash: 3253
  • Income Annual Gross: 113222.00
  • Income Annual Rental: 115764
  • Income Gross Scheduled: 116724
  • Income Includes: Laundry
  • Income Other: 960
  • Meters: Master Water, Separate Common Area
  • Number Of Buildings: 1
  • Operating Expenses Include: Fee - Property Tax, Insurance, Maintenance - Repair, Services - Gardener, Services - Trash Removal, Utilities
  • Tenant Expenses: Utilities - Electric, Utilities - Gas
  • Vacancy Factor: 3

Range of Values:

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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/02/2022 12/02/22 Sold $2,100,000 -2.3% $532 / Sq Ft
10/21/2022 10/21/22 Pending -- -- --
08/29/2022 08/29/22 For Sale $2,150,000 -- $545 / Sq Ft
Source: MLSListings

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81905609

MLSListings

APN: 307-50-009