NOT LISTED FOR SALE

1066 Appian Ln San Jose, CA 95116

Brookwood Terrace Neighborhood
8 Beds
4 Baths
3,328 Sq Ft
5,672 Sq Ft Lot

Last Sold November 26, 2019

Last sale price $1,310,000 $394 Per Sq Ft

5 Days on Market

About This Home

As of November 2019

1066 Appian Lane is a fantastic, recently updated, fourplex located in San Jose, the heart of the Silicon Valley. The property sits on just under 6,000 square feet of low maintenance land and was originally constructed in 1961. The property boasts just over 3,300 square feet of living space, which has been recently updated by the current property owner. The unit mix consists of Four (4) two-bedroom/one-bathroom units. 1066 Appian is nestled on a tree lined street that leads up to McKinley Elementary and sits just outside the eastern border of the rapidly expanding Downtown San Jose corridor. The property offers access to the countries most expansive employment market and at the same time provides residents with a quiet, suburban feel.

Last Agent to Sell the Property

Shane Pizzo

Marcus & Millichap License #01964516 Listed on: 10/14/2019

Co-Listed By

Ray Rodriguez

Marcus & Millichap License #01999734

Last Buyer's Agent

Shane Pizzo

Marcus & Millichap License #01964516 Listed on: 10/14/2019

Property Details

Home Type

  • Multi-Family

Year Built

  • 1961

Lot Details

  • 5,672 Sq Ft Lot

Home Design

  • Quadruplex
  • Slab Foundation
  • Shingle Roof

Interior Spaces

  • 3,328 Sq Ft Home
  • 2-Story Property
  • Washer and Dryer Hookup

Parking

  • 4 Carport Spaces
  • Off-Street Parking
  • Assigned Parking

Utilities

  • Wall Furnace
  • Separate Meters

Listing and Financial Details

  • Total Actual Rent $84,960

Community Details

Overview

Building Details

  • 4 Leased Units
  • Insurance Expense $1,308
  • Maintenance Expense $1,800
  • Other Expense $2,320
  • Utility Expense $3,180
  • Trash Expense $2,232
  • Operating Expense $27,849
  • Gross Income $82,411

Property Details

Home Type

Multi-Family

Year Built

1961

Lot Details

0

Listing Details

  • Zoning: R3H
  • Subclass: Fourplex
  • Age: 58
  • Listing Class: Residential Income (2-4 Units)
  • Structure Sq Ft: 3328
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1961

Interior Features

  • Living Sq Ft: 3328
  • Stories: 2
  • Laundry: Hookups Only

Exterior Features

  • Foundation: Concrete Slab
  • Roof: Shingle

Garage/Parking

  • Garage Parking Features: Assigned Spaces, Carport, Off-Street Parking
  • Carport Min: 4

Utilities

  • Heating System: Wall Furnace
  • Sewer/Septic System: Sewer - Public

Schools

  • School District: East Side Union High
  • Elementary School: McKinley Elementary
  • Elementary School: 119

Lot Info

  • Lot Acres: 0.1302
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 5670.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 5670.00

Rental Info

  • Existing Lease Term(s): Lease Agreement - Written, Lease(s)
  • Gross Rent Multiplier: 15.29
  • Number Of Leased: 4

Multi Family

  • Utilities: Individual Electric Meters
  • Expense Insurance: 1308
  • Expense Maintenance: 1800
  • Expenses Other: 2320
  • Expenses Total: 27849
  • Expenses Utility: 3180
  • Expense Trash: 2232
  • Income Annual Gross: 82411.00
  • Income Annual Rental: 84960
  • Income Gross Scheduled: 84960
  • Income Includes: Rents
  • Meters: Master Water, Separate Gas
  • Number Of Buildings: 1
  • Operating Expenses Include: Fee - Property Tax, Insurance, Maintenance, Services - Trash Removal, Utilities - Electric, Utilities - Water, Vacancy Factor
  • Tenant Expenses: Utilities - Electric, Utilities - Gas, Utilities - Heating
  • Vacancy Factor: 3

Range of Values:

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Sold Price
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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
11/26/2019 11/26/19 Sold $1,310,000 +0.8% $394 / Sq Ft
10/20/2019 10/20/19 Pending -- -- --
10/14/2019 10/14/19 For Sale $1,299,000 -- $390 / Sq Ft
Source: MLSListings

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Shane Pizzo

    Seller's Agent in 2019

    Shane Pizzo

    Marcus & Millichap

    (408) 891-1104

    10 Total Sales

    Section Image

  • R

    Seller Co-Listing Agent in 2019

    Ray Rodriguez

    Marcus & Millichap

See All Agents

Map

Source: MLSListings

MLS Number: ML81772289

MLSListings

APN: 472-02-147

California Santa Clara County San Jose 95116 Brookwood Terrace

1066 Appian Ln, San Jose, CA

This home is located at 1066 Appian Ln, San Jose, CA 95116 since 14 October 2019. This property was built in 1961. 1066 Appian Ln is a home located in Santa Clara County with nearby schools including McKinley Elementary School, Sylvandale Middle School, and Yerba Buena High School.

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