NOT LISTED FOR SALE
11 Beds
8 Baths
5,116 Sq Ft
9,148 Sq Ft Lot

Sale Details

Date Sold: November 30, 2015

Last sale price $1,563,333 $306 Per Sq Ft

2 Days on Market

Highlights

  • Double Pane Windows
  • Montague Elementary School Rated A-
  • Forced Air Heating and Cooling System

About This Home

As of November 2015

Public Remarks: **List Date: 6/30/2015** **COE: 8/18/2015** FOR COMP PURPOSE ONLY. Part of Portfolio Sale. Unique 24 units comprised of 6 fourplexes w/ 6 separate APNs. EACH UNIT measures +/-1,250SF 2 story, town-home layout, 3 bedroom, 2 bath + den. Because these are fourplexes you have the option of 30yr fixed conventional residential financing for each or combine into 1 commercial loan. Located near Hwy 101 and Montague Exwy in high demand rental market of Santa Clara. Near Rivermark Center and major Silicon Valley tech Cisco/EBay/Intel/Brocade. Rents 40% below market. No Rent Control. Offering Memorandum available.

Last Agent to Sell the Property

Joel Calvillo

KW Commercial South Bay License #01733780 Listed on: 11/28/2015

KW Commercial South Bay

Last Buyer's Agent

Mimi Du

Realty World-SVI Group License #01304977

Realty World-SVI Group
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Property Details

Home Type

  • Multi-Family

Year Built

  • 1963

Lot Details

  • 9,148

Home Design

  • Quadruplex
  • Wood Frame Construction
  • Shingle Roof
  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 5,116 Sq Ft Home
  • Double Pane Windows

Parking

  • 4 Carport Spaces
  • Assigned Parking

Utilities

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

Listing and Financial Details

  • Total Actual Rent $82,440

Community Details

Overview

  • 5,116 Sq Ft Building

Building Details

  • 4 Leased Units
  • Gardener Expense $100
  • Insurance Expense $1,191
  • Maintenance Expense $2,000
  • Manager Expense $6,683
  • Other Expense $1,388
  • Utility Expense $10,954
  • Trash Expense $1,436
  • Operating Expense $43,286
  • Gross Income $81,752

Property Details

Home Type

Multi-Family

Year Built

1963

Lot Details

9,148 Sq Ft Lot

Listing Details

  • Zoning: R3
  • Subclass: Fourplex
  • Listing Class: Residential Income (2-4 Units)
  • Structure Sq Ft: 5116
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1963

Interior Features

  • Living Sq Ft: 5116

Exterior Features

  • Foundation: Concrete Perimeter
  • Roof: Composition, Shingle
  • Construction Type: Wood Frame

Garage/Parking

  • Garage Parking Features: Assigned Spaces
  • Carport Min: 4

Utilities

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

Lot Info

  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 9375.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 9375.00

Green Features

  • Energy Features: Double Pane Windows

Rental Info

  • Existing Lease Term(s): Month To Month
  • Gross Rent Multiplier: 20.17
  • Number Of Leased: 4

Multi Family

  • Utilities: Individual Electric Meters, Individual Gas Meters
  • Expense Insurance: 1191
  • Expense Landscape: 100
  • Expense Maintenance: 2000
  • Expense Management: 6683
  • Expenses Other: 1388
  • Expenses Total: 43286
  • Expenses Utility: 10954
  • Expense Trash: 1436
  • Income Annual Gross: 81752.00
  • Income Annual Rental: 82440
  • Income Gross Scheduled: 84280
  • Income Includes: Laundry
  • Income Other: 1840
  • Meters: Master Water, Separate Electric, Separate Gas
  • Number Of Buildings: 2
  • Operating Expenses Include: Equipment/Fixture Rental, Fee - Property Management, Insurance, Maintenance, Reserve Fund, Services - Gardener, Services - Trash Removal, Utilities - Electric, Utilities - Gas, Utilities - Water, Vacancy Factor
  • Tenant Expenses: Utilities - Electric, Utilities - Gas
  • Vacancy Factor: 3

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 18, 2025
Sold by
Wang Brenda Su
Bought by

Purchase Details

Closed on
Oct 12, 2016
Sold by
Su Yan Hsing
Bought by
Wang Brenda Su

Purchase Details

Closed on
Aug 18, 2015
Sold by
Su Jennifer
Bought by
Su Yan Hsing

Purchase Details

Closed on
Aug 12, 2015
Sold by
Andres Florencio and Andres Ana T
Bought by
Su Yan Hsing

Purchase Details

Closed on
May 18, 2007
Sold by
The Five Aces Rental Housing Lp
Bought by
Andres Florencio and Andres Ana T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$637,000
Interest Rate
6.18%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Apr 2, 2004
Sold by
Andres Florencio S and Andres Ana T
Bought by
Andres Florencio S and Andres Ana T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$617,500
Interest Rate
5.39%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 25, 2003
Sold by
The Five Aces Rental Housing Lp
Bought by
Andres Florencio S and Andres Ana T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$475,000
Interest Rate
6%

Purchase Details

Closed on
Dec 22, 2000
Sold by
Andres Florencio S And Ana T Trustee
Bought by
The Five Aces Rental Housing Ltd Partner

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$475,000
Interest Rate
7.9%
Mortgage Type
Unknown
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
-- None Listed On Document
Wang Brenda Su $1,700,000 Old Republic Title Company
Su Yan Hsing -- Old Republic Title Company
Su Yan Hsing $1,563,500 Old Republic Title Company
Andres Florencio $637,000 Financial Title Company
Andres Florencio S -- Old Republic Title Company
The Five Aces Rental Housing Lp -- Old Republic Title Company
Andres Florencio S -- Old Republic Title Company
Andres Florencio S -- Alliance Title Company
The Five Aces Rental Housing Ltd Partner -- --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Previous Owner $643,820
Previous Owner Andres Florencio $637,000
Previous Owner Andres Florencio S $617,500
Previous Owner Andres Florencio S $475,000
Previous Owner Andres Florencio S $475,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
11/30/2015 11/30/15 Sold $1,563,333 -8.0% $306 / Sq Ft
11/30/2015 11/30/15 Pending -- -- --
11/28/2015 11/28/15 For Sale $1,700,000 -- $332 / Sq Ft
Source: MLSListings

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2026 $23,510 $2,012,449 $1,420,552 $591,897
2025 $22,616 $1,972,991 $1,392,699 $580,292
2024 $22,616 $1,934,306 $1,365,392 $568,914
2023 $22,390 $1,896,379 $1,338,620 $557,759
2022 $22,017 $1,859,196 $1,312,373 $546,823
2021 $21,934 $1,822,742 $1,286,641 $536,101
2020 $21,536 $1,804,053 $1,273,449 $530,604
2019 $21,509 $1,768,680 $1,248,480 $520,200
2018 $20,120 $1,734,000 $1,224,000 $510,000
2017 $20,023 $1,700,000 $1,200,000 $500,000
2016 $18,315 $1,563,333 $1,000,000 $563,333
2015 $6,299 $519,359 $126,742 $392,617
2014 $5,985 $509,187 $124,260 $384,927
Source: Public Records

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Map

Source: MLSListings

MLS Number: ML81533827

MLSListings

APN: 101-22-112

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