NOT LISTED FOR SALE
4 Beds
2 Baths
1,488 Sq Ft
6,913 Sq Ft Lot

Last Sold February 24, 2022

Last sale price $1,190,000 $800 Per Sq Ft

12 Days on Market

Highlights

  • 2 Car Detached Garage
  • Tile Countertops
  • Forced Air Heating System
  • Tandem Parking
  • Shed
  • Back Yard

About This Home

As of February 2022

Great investment opportunity. Excellent location near public transportation and downtown San Jose and New Google campus. Oversize lot, one story, private backyard perfect for entertaining and near to schools, shopping centers, and restaurants. Easy access to freeways 880, 87, 101, and has lots of potentials! Tandem 3 car parking available. It could be residential or commercial. Great location for small businesses. City zoning is for commercial office. Previous tenant ran 'Locksmith' business from the garage in front unit.

Last Agent to Sell the Property

Dale Chun

Realty World - Green Properties License #70010190 Listed on: 01/12/2022

Realty World - Green Properties

Last Buyer's Agent

Becky Cheng

Plus Realty License #00999128

Property Details

Home Type

  • Multi-Family

Year Built

  • 1953

Lot Details

  • 6,913 Sq Ft Lot
  • Sprinklers on Timer
  • Back Yard

Parking

  • 2 Car Detached Garage
  • Tandem Parking
  • On-Street Parking

Home Design

  • Duplex
  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,488 Sq Ft Home
  • 1-Story Property
  • Laminate Flooring
  • Washer and Dryer Hookup

Kitchen

  • Gas Oven
  • Tile Countertops

Outdoor Features

  • Shed

Utilities

  • Forced Air Heating System
  • Wall Furnace

Listing and Financial Details

  • Total Actual Rent $67,200

Community Details

Overview

Building Details

  • 2 Leased Units
  • Gardener Expense $1,440
  • Insurance Expense $620
  • Manager Expense $5,570
  • Trash Expense $861
  • Operating Expense $20,677
  • Gross Income $67,200

Property Details

Home Type

Multi-Family

Year Built

1953

Lot Details

0

Parking

2

Listing Details

  • Zoning: C
  • Subclass: Duplex
  • Age: 69
  • Listing Class: Residential Income (2-4 Units)
  • Structure Sq Ft: 1488
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1953

Interior Features

  • Kitchen: Countertop - Tile, Oven Range - Gas, Refrigerator
  • Living Sq Ft: 1488
  • Stories: 1
  • Laundry: Hookups Only
  • Flooring: Laminate

Exterior Features

  • Foundation: Concrete Perimeter
  • Roof: Composition
  • Yard/Grounds: Back Yard, Sprinklers - Auto, Storage Shed / Structure

Garage/Parking

  • Garage Spaces: 2
  • Parking Spaces: 3
  • Garage Parking Features: Detached Garage, On Street, Tandem Parking

Utilities

  • Heating System: Forced Air, Wall Furnace
  • Sewer/Septic System: Sewer - Public

Schools

  • School District: San Jose Unified

Lot Info

  • Lot Acres: 0.1587
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 6913.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 6913.00

Rental Info

  • Existing Lease Term(s): Lease Agreement - Written
  • Gross Rent Multiplier: 17.11
  • Number Of Leased: 2

Multi Family

  • Utilities: Public Utilities
  • Expense Insurance: 620
  • Expense Landscape: 1440
  • Expense Management: 5570
  • Expenses Total: 20677
  • Expense Trash: 861
  • Income Annual Gross: 67200.00
  • Income Annual Rental: 67200
  • Income Gross Scheduled: 67200
  • Income Includes: Rents
  • Meters: Separate Electric, Separate Gas, Separate Water
  • Number Of Buildings: 1
  • Operating Expenses Include: Fee - Property Management, Fee - Property Tax, Insurance, Maintenance - Repair, Services - Gardener, Services - Sewer, Services - Trash Removal
  • Tenant Expenses: Utilities - Electric, Utilities - Gas, Utilities - Heating

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
02/24/2022 02/24/22 Sold $1,190,000 +3.5% $800 / Sq Ft
01/25/2022 01/25/22 Pending -- -- --
01/12/2022 01/12/22 Price Changed $1,150,000 +3.1% $773 / Sq Ft
01/12/2022 01/12/22 For Sale $1,115,000 -- $749 / 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: ML81874223

MLSListings