NOT LISTED FOR SALE

1051 Highland Ave Santa Clara, CA 95050

Downtown Santa Clara Neighborhood
4 Beds
2 Baths
1,976 Sq Ft
6,011 Sq Ft Lot

Last Sold December 16, 2016

Last sale price $1,121,000 $567 Per Sq Ft

43 Days on Market

Highlights

  • 2 Car Detached Garage
  • Forced Air Heating System
  • Carpet
  • Westwood Elementary School Rated A
  • Washer and Dryer
  • 4-minute walk to Washington Park

About This Home

As of December 2016

Outstanding Santa Clara location within walking distance of Santa Clara University and less than 2 miles from Santana Row. Quick access to Highways 880, 280 & 101. (2) spacious 2bed/1bath units each with forced air heating, individual water heaters, D/W, & private rear yard. Tenants share a large 2 car garage and ample street parking. Significant upside potential-The City of Santa Clara has recently approved major commercial construction projects that will require the need for more rental housing.

Last Agent to Sell the Property

Patrick Conkin

Intero Real Estate Services License #00922897 Listed on: 10/18/2016

Intero Real Estate Services

Last Buyer's Agent

Myron Von Raesfeld

Windermere Silicon Valley License #00866594

Windermere Silicon Valley

Property Details

Home Type

  • Multi-Family

Year Built

  • 1961

Lot Details

  • 6,011 Sq Ft Lot

Parking

  • 2 Car Detached Garage

Home Design

  • Duplex
  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,976 Sq Ft Home
  • 1-Story Property
  • Washer and Dryer

Kitchen

  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Vinyl

Utilities

  • Forced Air Heating System
  • Separate Meters
  • Individual Gas Meter

Listing and Financial Details

  • Total Actual Rent $36,000

Community Details

Overview

Building Details

  • 2 Leased Units
  • Insurance Expense $1,000
  • Maintenance Expense $2,500
  • Utility Expense $1,440
  • Operating Expense $19,127
  • Gross Income $36,000

Property Details

Home Type

Multi-Family

Year Built

1961

Lot Details

0

Parking

2

Listing Details

  • Zoning: R2
  • Subclass: Duplex
  • Age: 55
  • Listing Class: Residential Income (2-4 Units)
  • Structure Sq Ft: 1976
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1961

Interior Features

  • Kitchen: Appliances - Vary By Unit, Dishwasher, Garbage Disposal
  • Living Sq Ft: 1976
  • Stories: 1
  • Laundry: Washer / Dryer
  • Flooring: Carpet, Vinyl / Linoleum

Exterior Features

  • Foundation: Concrete Perimeter
  • Roof: Composition

Garage/Parking

  • Garage Spaces: 2
  • Garage Parking Features: Detached Garage

Utilities

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

Schools

  • School District: Santa Clara Unified

Lot Info

  • Lot Acres: 0.1380
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 6000.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 6000.00

Rental Info

  • Existing Lease Term(s): Month To Month
  • Gross Rent Multiplier: 31.53
  • Number Of Leased: 2

Multi Family

  • Utilities: Individual Electric Meters, Individual Gas Meters, Public Utilities
  • Expense Insurance: 1000
  • Expense Maintenance: 2500
  • Expenses Total: 19127
  • Expenses Utility: 1440
  • Income Annual Gross: 36000.00
  • Income Annual Rental: 36000
  • Income Gross Scheduled: 36000
  • Income Includes: Rents
  • Meters: Separate Electric, Separate Gas
  • Number Of Buildings: 1
  • Operating Expenses Include: Services - Sewer, Services - Trash Removal, Utilities - Water
  • Tenant Expenses: Utilities - Electric, Utilities - Gas, 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
12/16/2016 12/16/16 Sold $1,121,000 -1.2% $567 / Sq Ft
12/01/2016 12/01/16 Pending -- -- --
10/18/2016 10/18/16 For Sale $1,135,000 -- $574 / Sq Ft
Source: MLSListings

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Patrick Conkin

    Seller's Agent in 2016

    Patrick Conkin

    Intero Real Estate Services

    (408) 863-3197

    13 Total Sales

    Patrick Conkin
    Section Image

  • M

    Buyer's Agent in 2016

    Myron Von Raesfeld

    Windermere Silicon Valley

    Section Image
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Map

Source: MLSListings

MLS Number: ML81628836

MLSListings

APN: 269-57-032

California Santa Clara County Santa Clara 95050 Downtown Santa Clara

1051 Highland Ave, Santa Clara, CA

This home is located at 1051 Highland Ave, Santa Clara, CA 95050 since 18 October 2016. This property was built in 1961. 1051 Highland Ave is a home located in Santa Clara County with nearby schools including Westwood Elementary School, Buchser Middle School, and Santa Clara High School.

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