NOT LISTED FOR SALE
4 Beds
2 Baths
1,550 Sq Ft
5,624 Sq Ft Lot

Last Sold July 28, 2020

Last sale price $910,000 $587 Per Sq Ft

41 Days on Market

Highlights

  • 2 Car Detached Garage
  • Tile Countertops
  • Washer and Dryer
  • Double Pane Windows
  • Ceiling Fan
  • Vinyl Flooring

About This Home

As of July 2020

Great duplex in Little Portugal Area of San Jose. Both units rented, rear unit with backyard has a long term tenant on month-to-month. Front unit rent is $2,520 and rear unit with backyard is $1,995. Great potential for owner occupied and very good income. Garage, at one time, was used as a "Granny Unit" for owner as a relaxing space. In today's atmosphere, it should have very little problem becoming an ADU. Check with City if you are curious about that aspect. Roof is less than 8 months old. Rear unit has wooden shutters. Duplex was owner occupied for many years. It is now an estate sale. Great opportunity for owner occupied investor. Please offer subject to. Thank you!!

Last Agent to Sell the Property

Tom Antonopoulos

Real Property Investments License #00492309 Listed on: 05/16/2020

Last Buyer's Agent

Xiaozhu Kang

Compass License #01999507

Compass

Property Details

Home Type

  • Multi-Family

Year Built

  • 1956

Lot Details

  • 5,624 Sq Ft Lot

Parking

  • 2 Car Detached Garage
  • Off-Street Parking

Home Design

  • Duplex
  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,550 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Double Pane Windows
  • Washer and Dryer

Kitchen

  • Oven or Range
  • Gas Cooktop
  • Range Hood
  • Microwave
  • Tile Countertops

Flooring

  • Laminate
  • Vinyl

Utilities

  • Cooling System Mounted To A Wall/Window
  • Wall Furnace
  • Separate Meters
  • Individual Gas Meter

Listing and Financial Details

  • Total Actual Rent $54,180

Community Details

Overview

Building Details

  • 2 Leased Units
  • Insurance Expense $900
  • Maintenance Expense $500
  • Utility Expense $1,100
  • Trash Expense $1,800
  • Operating Expense $6,100
  • Gross Income $54,180

Property Details

Home Type

Multi-Family

Year Built

1956

Lot Details

0

Parking

2

Listing Details

  • Zoning: R2
  • Subclass: Duplex
  • Age: 64
  • Listing Class: Residential Income (2-4 Units)
  • Structure Sq Ft: 1550
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1956

Interior Features

  • Kitchen: Cooktop - Gas, Countertop - Tile, Hood Over Range, Microwave, Oven Range, Refrigerator
  • Living Sq Ft: 1550
  • Stories: 1
  • Laundry: Washer/Dryer - Some Units
  • Flooring: Laminate, Vinyl / Linoleum

Exterior Features

  • Foundation: Concrete Perimeter
  • Roof: Composition

Garage/Parking

  • Garage Spaces: 2
  • Parking Spaces: 2
  • Garage Parking Features: Detached Garage, Off-Street Parking

Utilities

  • Cooling System: Ceiling Fan, Window / Wall Unit
  • Heating System: Wall Furnace
  • Sewer/Septic System: Sewer Connected

Schools

  • School District: San Jose Unified

Lot Info

  • Lot Acres: 0.1291
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 5624.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 5624.00

Green Features

  • Energy Features: Double Pane Windows

Rental Info

  • Existing Lease Term(s): Less Than 1 Yr, Month To Month
  • Gross Rent Multiplier: 18.18
  • Number Of Leased: 2

Multi Family

  • Utilities: Individual Electric Meters, Individual Gas Meters, Public Utilities
  • Expense Insurance: 900
  • Expense Maintenance: 500
  • Expenses Total: 6100
  • Expenses Utility: 1100
  • Expense Trash: 1800
  • Income Annual Gross: 54180.00
  • Income Annual Rental: 54180
  • Income Gross Scheduled: 54180
  • Income Includes: Rents
  • Meters: Master Water, Separate Electric, Separate Gas
  • Number Of Buildings: 1
  • Operating Expenses Include: Insurance, Maintenance - Repair, Utilities - Water
  • Tenant Expenses: Utilities - Electric, Utilities - Gas, Utilities - Heating, Utilities - Hot Water

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
07/28/2020 07/28/20 Sold $910,000 -7.6% $587 / Sq Ft
06/27/2020 06/27/20 Pending -- -- --
06/22/2020 06/22/20 Price Changed $985,000 -3.9% $635 / Sq Ft
06/02/2020 06/02/20 Price Changed $1,025,000 -6.4% $661 / Sq Ft
05/16/2020 05/16/20 For Sale $1,095,000 -- $706 / 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: ML81792848

MLSListings

APN: 481-13-022