NOT LISTED FOR SALE
4 Beds
2 Baths
1,767 Sq Ft
5,828 Sq Ft Lot

Last Sold May 26, 2021

Last sale price $965,000 $546 Per Sq Ft

149 Days on Market

About This Home

As of May 2021

Classic downtown San Jose duplex. Close to SJSU and the future San Jose Google campus, Adobe, and other major downtown San Jose employers. The building is in decent shape but needs some cosmetic updates. Both units are 2 bedrooms/ 1bath and feature large bathrooms, kitchens, and common area space. Huge upside potential for an investor that is looking to upgrade these units. Duplexes are exempt from San Jose rent control, however statewide rent control may apply (5% plus the local rate of inflation). Both units are occupied, please do not walk onto the property without an appointment. Buyer to verify rent control claims with the city of San Jose and the State of California.

Last Agent to Sell the Property

Victor Rodriguez

Realty Exchange & Investments License #00575885 Listed on: 10/20/2020

Co-Listed By

Nicholas Rodriguez

Realty Exchange & Investments License #01366893

Last Buyer's Agent

Larry Granillo

Infinity Financial & Rlty License #02008791

Property Details

Home Type

  • Multi-Family

Year Built

  • 1906

Lot Details

  • 5,828 Sq Ft Lot

Home Design

  • Duplex
  • Wood Frame Construction
  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,767 Sq Ft Home
  • 1-Story Property

Parking

  • 2 Parking Spaces
  • Uncovered Parking

Utilities

  • Heating System Uses Gas
  • Separate Meters
  • Individual Gas Meter

Listing and Financial Details

  • Total Actual Rent $47,280

Community Details

Overview

Building Details

  • 2 Leased Units
  • Insurance Expense $1,200
  • Maintenance Expense $1,500
  • Operating Expense $6,439
  • Gross Income $47,280

Property Details

Home Type

Multi-Family

Year Built

1906

Lot Details

0

Listing Details

  • Zoning: R2
  • Subclass: Duplex
  • Age: 114
  • Listing Class: Residential Income (2-4 Units)
  • Structure Sq Ft: 1767
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1906

Interior Features

  • Living Sq Ft: 1767
  • Stories: 1

Exterior Features

  • Foundation: Concrete Perimeter
  • Roof: Composition
  • Construction Type: Wood Frame

Garage/Parking

  • Parking Spaces: 2
  • Garage Parking Features: Uncovered Parking

Utilities

  • Heating System: Gas
  • Sewer/Septic System: Sewer - Public

Schools

  • School District: San Jose Unified

Lot Info

  • Lot Acres: 0.1338
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 5830.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 5830.00

Rental Info

  • Existing Lease Term(s): Month To Month
  • Gross Rent Multiplier: 20.09
  • Number Of Leased: 2

Multi Family

  • Utilities: Individual Electric Meters, Individual Gas Meters, Public Utilities
  • Expense Insurance: 1200
  • Expense Maintenance: 1500
  • Expenses Total: 6439
  • Income Annual Gross: 47280.00
  • Income Annual Rental: 47280
  • Income Gross Scheduled: 47280
  • Meters: Separate Electric, Separate Gas
  • Number Of Buildings: 1
  • Operating Expenses Include: Fee - Property Tax, Services - Trash Removal
  • Tenant Expenses: Utilities - Electric, Utilities - Gas

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
05/26/2021 05/26/21 Sold $965,000 +1.6% $546 / Sq Ft
03/19/2021 03/19/21 Pending -- -- --
12/23/2020 12/23/20 For Sale $950,000 0.0% $538 / Sq Ft
12/14/2020 12/14/20 Pending -- -- --
10/20/2020 10/20/20 For Sale $950,000 -- $538 / Sq Ft
Source: MLSListings

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: MLSListings

MLS Number: ML81816520

MLSListings

APN: 467-15-074