NOT LISTED FOR SALE
7 Beds
-- Bath
2,791 Sq Ft
9,583 Sq Ft Lot Lot

Sale Details

Date Sold: November 19, 2013

Last sale price $1,520,000 $545 Per Sq Ft

14 Days on Market

Highlights

  • Forced Air Heating System
  • Level Lot
  • 1-Story Property
  • D. J. Sedgwick Elementary School Rated A-
  • Wall to Wall Carpet

About This Home

As of November 2013

Rare Cupertino triplex now available (also 10060 Craft next door). Prime location across from Cupertino High School, just off Stevens Creek. Fully rented now, and tremendous potential including big upside on rents. Three bedroom in front, 2 two bedrooms in back. Each unit has a private garage. Interest rates are low - now is the time for your investor to buy income property.

Last Agent to Sell the Property

James Claus

James E. Claus, Broker License #00796750 Listed on: 10/03/2013

Last Buyer's Agent

Yulan Carr

Maxreal Property License #01224814

Maxreal Property

Property Details

Home Type

  • Multi-Family

Year Built

  • 1961

Lot Details

  • 9,583

Home Design

  • Triplex
  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 2,791 Sq Ft Home
  • 1-Story Property

Kitchen

  • Oven or Range
  • Dishwasher
  • Disposal

Flooring

  • Wall to Wall Carpet
  • Vinyl

Parking

  • Private Parking
  • Off-Street Parking

Utilities

  • Forced Air Heating System
  • Wall Furnace
  • Heating System Uses Gas
  • Sewer Within 50 Feet

Additional Features

  • Energy-Efficient Insulation
  • Level Lot

Listing and Financial Details

  • Total Actual Rent $60,300
  • The owner pays for garbage, services - gardener/landscaping, water

Community Details

Overview

  • 2,791 Sq Ft Building

Building Details

  • Insurance Expense $1,260
  • Maintenance Expense $3,900
  • Other Expense $300
  • Trash Expense $1,350
  • Operating Expense $24,020
  • Gross Income $58,491

Property Details

Home Type

Multi-Family

Year Built

1961

Lot Details

9,583 Sq Ft Lot

Listing Details

  • Zoning: R3H
  • Subclass: Triplex
  • Inspections Reports: Fault Zone, Geological/Flood, Pest Control, Flood Zone
  • Sale Price Per Sq Ft: 544.61
  • Listing Class: Residential Income (2-4 Units)
  • Max Numberof Unitsin Complex: 3
  • Min Numberof Unitsin Complex: 3
  • Structure Sq Ft: 2791
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1961

Interior Features

  • Kitchen: Dishwasher, Varies By Unit, Garbage Disposal, Oven Range, Refrigerator
  • Living Sq Ft: 2791
  • Stories: 1
  • Laundry: In Some Units
  • Flooring: Carpet - Wall To Wall, Vinyl / Linoleum, Carpet

Exterior Features

  • Foundation: Concrete Perimeter
  • Roof: Composition

Garage/Parking

  • Garage Parking Features: Private / Exclusive, Spaces Per Unit - 1, Off-Street Parking

Utilities

  • Heating System: Wall Furnace, Central Forced Air, Gas
  • Sewer/Septic System: Sewer In Street, Sewer Connected

Schools

  • High School: 256

Lot Info

  • Lot Description: Grade - Level
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 9984.00
  • Lot Size Area Maximum Units: Square Feet
  • Lot Size Area Max Search: 9984.00
  • Lot Size Area Min Search: 9984.00
  • Maximum Lot Size: 9984.00

Green Features

  • Energy Features: Insulation - Unknown

Rental Info

  • Existing Lease Term(s): Month To Month
  • Gross Rent Multiplier: 22.39

Multi Family

  • Expense Insurance: 1260
  • Expense Maintenance: 3900
  • Expenses Other: 300
  • Expenses Total: 24020
  • Expense Trash: 1350
  • Expense Water Sewer: 1280
  • Income Annual Gross: 58491.00
  • Income Annual Rental: 60300
  • Income Gross Scheduled: 60300
  • Income Includes: Lease
  • Maximum Building Height: 1
  • Meters: Separate Electric, Separate Gas
  • Minimum Building Height: 1
  • Number Of Buildings: 1
  • Operating Expenses Include: Services - Trash Removal, Services - Gardener, Utilities - Water, Insurance, Maintenance - Repair, Fee - Property Tax, Services - Sewer
  • Owner Pays: Garbage, Services - Gardener/Landscaping, Water
  • Tenant Expenses: Utilities - Gas, Utilities - Heating, Cable Tv, Utilities - Electric
  • Vacancy Amount: 1809
  • Vacancy Factor: 3
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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
11/19/2013 11/19/13 Sold $1,520,000 +12.6% $545 / Sq Ft
10/17/2013 10/17/13 Pending -- -- --
10/03/2013 10/03/13 For Sale $1,350,000 -- $484 / Sq Ft
Source: MLSListings

Tax History

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
2025 $23,778 $1,863,302 $1,348,446 $514,856
2024 $23,778 $1,826,767 $1,322,006 $504,761
2023 $23,509 $1,790,949 $1,296,085 $494,864
2022 $23,209 $1,755,833 $1,270,672 $485,161
2021 $22,914 $1,721,406 $1,245,757 $475,649
2020 $22,596 $1,703,756 $1,232,984 $470,772
2019 $21,946 $1,670,350 $1,208,808 $461,542
2018 $21,252 $1,637,599 $1,185,106 $452,493
2017 $21,046 $1,605,490 $1,161,869 $443,621
2016 $20,338 $1,574,011 $1,139,088 $434,923
2015 $20,135 $1,550,369 $1,121,978 $428,391
2014 $19,578 $1,520,000 $1,100,000 $420,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81336653

MLSListings

APN: 375-02-014

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