NOT LISTED FOR SALE
2 Beds
1 Bath
1,680 Sq Ft
5,968 Sq Ft Lot

Last Sold April 16, 2015

Last sale price $746,800 $445 Per Sq Ft

7 Days on Market

Highlights

  • 2 Car Attached Garage
  • Forced Air Heating System
  • 1-Story Property
  • Tile Flooring
  • Back Yard

About This Home

As of April 2015

DON'T MISS OUT ON THIS GREAT INVESTMENT OPPORTUNITY! BOTH UNITS 1005 & 1009 ARE TENANT OCCUPIED* 2 BR/1 BA IN EACH UNIT. NEW FLOORS, BATHROOM, KITCHEN, PAINT, COPPER PLUMBING, AND FENCE. CENTRALLY LOCATED ON A QUIET STREET IN DOWNTOWN SJ - CLOSE TO SJSU. 2 GARAGES AND AN EXTRA LARGE PRIVATE DRIVEWAY-PLENTY OF PARKING SPACE. SEPARATE GARDEN AREA, SEPARATE PATIO BBQ AREA, LARGE BACKYARD. WELL-MAINTAINED PROPERTY. CURRENT RENT IS $3,600. PENDING RENTAL INCREASE ON ONE UNIT. PLEASE DO NOT DISTURB TENANTS.

Last Agent to Sell the Property

Julie Duong

Intero San Jose, Willow Glen Lincoln Ave License #01946423 Listed on: 04/01/2015

Intero San Jose, Willow Glen Lincoln Ave

Last Buyer's Agent

Annie Ho

Polaris Enterprise Services Inc License #01336902

Property Details

Home Type

  • Multi-Family

Year Built

  • 1951

Lot Details

  • 5,968 Sq Ft Lot
  • Back Yard

Parking

  • 2 Car Attached Garage

Home Design

  • Duplex
  • Composition Roof

Interior Spaces

  • 1,680 Sq Ft Home
  • 1-Story Property
  • Crawl Space
  • Formica Countertops

Flooring

  • Laminate
  • Tile

Utilities

  • Forced Air Heating System
  • 220 Volts

Listing and Financial Details

  • Total Actual Rent $43,200
  • 3 Year Lease Term

Community Details

Overview

  • 1,680 Sq Ft Building

Building Details

  • 2 Leased Units
  • Gardener Expense $360
  • Insurance Expense $630
  • Utility Expense $2,040
  • Trash Expense $740
  • Operating Expense $8,546
  • Gross Income $41,904

Property Details

Home Type

Multi-Family

Year Built

1951

Lot Details

0

Parking

2

Listing Details

  • Zoning: R2
  • Subclass: Duplex
  • Age: 64
  • Listing Class: Residential Income (2-4 Units)
  • Structure Sq Ft: 1680
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1951

Interior Features

  • Kitchen: 220 Volt Outlet, Countertop - Formica
  • Living Sq Ft: 1680
  • Stories: 1
  • Flooring: Laminate, Tile

Exterior Features

  • Foundation: Crawl Space
  • Roof: Composition
  • Yard/Grounds: Back Yard

Garage/Parking

  • Garage Spaces: 2
  • Garage Parking Features: Attached Garage, Room For Oversized Vehicle

Utilities

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

Schools

  • School District: San Jose Unified

Lot Info

  • Lot Acres: 0.1370
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 5980.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 5980.00

Rental Info

  • Existing Lease Term(s): 1 Year Lease, 3 Years Lease
  • Gross Rent Multiplier: 16.18
  • Number Of Leased: 2

Multi Family

  • Utilities: Public Utilities
  • Expense Insurance: 630
  • Expense Landscape: 360
  • Expenses Total: 8546
  • Expenses Utility: 2040
  • Expense Trash: 740
  • Income Annual Gross: 41904.00
  • Income Annual Rental: 43200
  • Income Gross Scheduled: 43200
  • Income Includes: Rents
  • Meters: Separate Electric, Separate Gas
  • Number Of Buildings: 2
  • Tenant Expenses: Utilities - Electric, Utilities - Gas
  • Vacancy Factor: 3

Range of Values:

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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 List to Sale Price per Sq Ft
04/16/2015 04/16/15 Sold $746,800 +6.9% $445 / Sq Ft
04/08/2015 04/08/15 Pending -- -- --
04/01/2015 04/01/15 For Sale $698,888 -- $416 / 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: ML81457917

MLSListings

APN: 472-13-070