NOT LISTED FOR SALE
8 Beds
-- Bath
3,715 Sq Ft
8,712 Sq Ft Lot

Last Sold January 22, 2014

Last sale price $1,850,000 $498 Per Sq Ft

35 Days on Market

Highlights

  • Forced Air Heating System
  • Benjamin Bubb Elementary School Rated A
  • Carpet

About This Home

As of January 2014

Listed with neighboring property 1017 Bonita Ave. Can be sold together or individually. Prime location, walk to downtown, West side of El Camino. ALL UNITS have private garages with in-unit laundry hookups, private back yards, and half of them are townhouse-style. Rents are low and can be increased without much work. Reports available.

Last Agent to Sell the Property

Bryan Danforth

Cassidy Turley Northern California, Inc. License #01789680 Listed on: 10/11/2013

Cassidy Turley Northern California, Inc.

Last Buyer's Agent

Donald Hutchison

Sunset View Properties License #00915252

Property Details

Home Type

  • Multi-Family

Year Built

  • 1964

Lot Details

  • 8,712

Parking

  • Private Parking

Home Design

  • Quadruplex
  • Composition Roof

Interior Spaces

  • 3,715 Sq Ft Home
  • 2-Story Property
  • Carpet
  • Oven or Range
  • Laundry in Garage

Utilities

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

Listing and Financial Details

  • Total Actual Rent $104,400
  • The owner pays for garbage, services - gardener/landscaping, water

Community Details

Overview

  • 3,715 Sq Ft Building

Building Details

  • Insurance Expense $1,450
  • Maintenance Expense $2,000
  • Other Expense $385
  • Operating Expense $30,815
  • Gross Income $102,312

Property Details

Home Type

Multi-Family

Year Built

1964

Lot Details

0

Listing Details

  • Zoning: R3-15
  • Subclass: Fourplex
  • Age: 50
  • Inspections Reports: Fault Zone, Pest Control, Property Inspection, Roof, Flood Zone
  • Sale Price Per Sq Ft: 497.98
  • Listing Class: Residential Income (2-4 Units)
  • Max Numberof Unitsin Complex: 4
  • Min Numberof Unitsin Complex: 4
  • Structure Sq Ft: 3715
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1964

Interior Features

  • Kitchen: Oven Range, Refrigerator
  • Living Sq Ft: 3715
  • Stories: 2
  • Laundry: In Garage
  • Flooring: Carpet

Exterior Features

  • Roof: Composition

Garage/Parking

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

Utilities

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

Schools

  • School District: Mountain View-Los Altos Union High

Lot Info

  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 8750.00
  • Lot Size Area Maximum Units: Square Feet
  • Lot Size Area Max Search: 8750.00
  • Lot Size Area Min Search: 8750.00
  • Maximum Lot Size: 8750.00

Rental Info

  • Existing Lease Term(s): Month To Month, Less Than 1 Yr
  • Gross Rent Multiplier: 18.20

Multi Family

  • Expense Insurance: 1450
  • Expense Maintenance: 2000
  • Expenses Other: 385
  • Expenses Total: 30815
  • Expense Water Sewer: 4816
  • Income Annual Gross: 102312.00
  • Income Annual Rental: 104400
  • Income Gross Scheduled: 104400
  • Income Includes: Lease
  • Maximum Building Height: 2
  • Meters: Separate Electric, Separate Gas, Master Water
  • Minimum Building Height: 2
  • Number Of Buildings: 1
  • Operating Expenses Include: Services - Trash Removal, Services - Gardener, Utilities - Water, Insurance, Maintenance - Repair, Fee - Property Tax, Services - Sewer, Vacancy Factor
  • Owner Pays: Garbage, Services - Gardener/Landscaping, Water
  • Tenant Expenses: Utilities - Gas, Utilities - Heating, Utilities - Hot Water, Utilities - Electric
  • Vacancy Amount: 2088
  • Vacancy Factor: 2

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 Change Sq Ft Price
01/22/2014 01/22/14 Sold $1,850,000 -2.6% $498 / Sq Ft
11/15/2013 11/15/13 Pending -- -- --
10/11/2013 10/11/13 For Sale $1,900,000 -- $511 / 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: ML81337568

MLSListings

APN: 193-06-033