NOT LISTED FOR SALE
6 Beds
-- Bath
3,371 Sq Ft
7,405 Sq Ft Lot

Last Sold November 30, 2012

Last sale price $1,560,000 $463 Per Sq Ft

14 Days on Market

Highlights

  • Wood Flooring
  • Forced Air Heating System
  • Laundry Facilities
  • Walter Hays Elementary Rated A+

About This Home

As of November 2012

Excellent unit mix (2) 2 bedroom x1.5 bathroom Townhomes, (1) 2 bedroom x 2 bath flat. Private garages for 3 cars. The owner recently replaced the roof, upgraded the windows, and upgraded the plumbing to copper. In addition the owner renovated 2 of the units with all new kitchens and bathrooms. The units feature fenced patios. Termite report just prepared the property has minimal Section 1 issues.

Last Agent to Sell the Property

Andre Jizrawi

Bay East AOR License #01450753 Listed on: 11/05/2012

Last Buyer's Agent

Andre Jizrawi

Bay East AOR License #01450753 Listed on: 11/05/2012

Property Details

Home Type

  • Multi-Family

Year Built

  • 1970

Lot Details

  • 7,405

Home Design

  • Triplex
  • Composition Roof

Interior Spaces

  • 3,371 Sq Ft Home
  • 2-Story Property

Kitchen

  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Tile

Parking

  • Covered Parking
  • Private Parking

Utilities

  • Forced Air Heating System
  • Sewer Within 50 Feet

Listing and Financial Details

  • Total Actual Rent $85,500
  • The owner pays for hot water

Community Details

Building Details

  • Gardener Expense $1,200
  • Insurance Expense $1,000
  • Maintenance Expense $2,250
  • Utility Expense $1,164
  • Trash Expense $980
  • Operating Expense $26,766
  • Gross Income $84,966

Additional Features

  • 3,371 Sq Ft Building
  • Laundry Facilities

Property Details

Home Type

Multi-Family

Year Built

1970

Lot Details

0

Listing Details

  • Zoning: RM2
  • Subclass: Triplex
  • Age: 42
  • Inspections Reports: Fault Zone, Pest Control, Flood Zone
  • Sale Price Per Sq Ft: 462.77
  • Listing Class: Residential Income (2-4 Units)
  • Max Numberof Unitsin Complex: 3
  • Min Numberof Unitsin Complex: 3
  • Structure Sq Ft: 3371
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1970

Interior Features

  • Kitchen: Dishwasher, Garbage Disposal
  • Living Sq Ft: 3371
  • Stories: 2
  • Laundry: Washer/Dryer - Leased Coin-Op, Community Facility
  • Flooring: Tile, Hardwood

Exterior Features

  • Roof: Composition

Garage/Parking

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

Utilities

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

Condo/Co-op/Association

  • HOA Amenities: Patio - Private

Schools

  • School District: Palo Alto Unified

Lot Info

  • Lot Location: Corner
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 7500.00
  • Lot Size Area Maximum Units: Square Feet
  • Lot Size Area Max Search: 7500.00
  • Lot Size Area Min Search: 7500.00
  • Maximum Lot Size: 7500.00

Rental Info

  • Existing Lease Term(s): Month To Month, Less Than 1 Yr
  • Gross Rent Multiplier: 18.79

Multi Family

  • Expense Insurance: 1000
  • Expense Landscape: 1200
  • Expense Maintenance: 2250
  • Expenses Total: 26766
  • Expenses Utility: 1164
  • Expense Trash: 980
  • Expense Water Sewer: 1960
  • Income Annual Gross: 84966.00
  • Income Annual Rental: 85500
  • Income Gross Scheduled: 86700
  • Income Includes: Laundry, Lease
  • Income Laundry: 1200
  • Maximum Building Height: 2
  • Meters: Separate Electric, Separate Gas
  • Minimum Building Height: 2
  • Number Of Buildings: 1
  • Operating Expenses Include: Utilities - Hot Water, Services - Trash Removal, Services - Gardener, Utilities - Gas, Maintenance - Repair, Services - Sewer, Vacancy Factor, Utilities - Water
  • Owner Pays: Hot Water
  • Tenant Expenses: Utilities - Gas, Utilities - Water, Utilities - Electric
  • Vacancy Amount: 1734
  • 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
11/30/2012 11/30/12 Sold $1,560,000 -4.2% $463 / Sq Ft
11/19/2012 11/19/12 Pending -- -- --
11/05/2012 11/05/12 For Sale $1,628,888 -- $483 / 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: ML81240014

MLSListings

APN: 124-17-077