NOT LISTED FOR SALE

1089 Lincoln Ave San Jose, CA 95125

Willow Glen Neighborhood
4 Beds
2 Baths
2,183 Sq Ft
6,673 Sq Ft Lot

Last Sold July 01, 2021

Last sale price $1,875,000 $859 Per Sq Ft

7 Days on Market

Highlights

  • Downtown View
  • Spanish Architecture
  • Forced Air Heating and Cooling System
  • Wood Flooring
  • 2 Car Detached Garage
  • Washer and Dryer

About This Home

As of July 2021

Amazing Willow Glen investment property in the heart of Lincoln Ave. The Spanish Colonial duplex features two units, each with two bedrooms and one bath, with dual living spaces and a dining nook. Property is a few minute walk from delicious dining options like Bill's Cafe, The Table, Yuki Sushi, and more. Just 4 miles from Google's new proposed downtown location and minutes from 280 and 87 interstates. Plans have been started to build an ADU on the property which would have an additional $2,500 potential rental income per month. Two new AC's and 2 new furnaces were installed in 2019. The property is zoned for both residential and commercial use.

Last Agent to Sell the Property

Garret Jones

Keller Williams Thrive License #02100682 Listed on: 05/17/2021

Keller Williams Thrive

Last Buyer's Agent

Paul Skrabo

Keller Williams Palo Alto License #00665727

Keller Williams Palo Alto

Property Details

Home Type

  • Multi-Family

Year Built

  • 1933

Lot Details

  • 6,673

Parking

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

Home Design

  • Duplex
  • Spanish Architecture
  • Tile Roof

Interior Spaces

  • 2,183 Sq Ft Home
  • 2-Story Property
  • Wood Flooring
  • Downtown Views
  • Crawl Space
  • Dishwasher
  • Washer and Dryer

Additional Features

  • 6,673 Sq Ft Lot
  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Total Actual Rent $36,000

Community Details

Overview

Building Details

  • 1 Leased Unit
  • Gardener Expense $1,200
  • Insurance Expense $1,500
  • Operating Expense $20,375
  • Gross Income $36,000

Property Details

Home Type

Multi-Family

Year Built

1933

Lot Details

0

Parking

2

Listing Details

  • Zoning: C2
  • Subclass: Duplex
  • Style: Spanish
  • Age: 88
  • Listing Class: Residential Income (2-4 Units)
  • Structure Sq Ft: 2183
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1933

Interior Features

  • Kitchen: Dishwasher
  • Living Sq Ft: 2183
  • Stories: 2
  • Laundry: Washer / Dryer
  • Flooring: Hardwood

Exterior Features

  • Foundation: Crawl Space
  • Roof: Tile
  • View: Downtown

Garage/Parking

  • Garage Spaces: 2
  • Parking Spaces: 2
  • Garage Parking Features: Assigned Spaces, Detached Garage, On Street

Utilities

  • Cooling System: Central Ac
  • Heating System: Central Forced Air
  • Sewer/Septic System: Sewer - Public

Schools

  • School District: San Jose Unified

Lot Info

  • Lot Acres: 0.1532
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 6672.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 6672.00

Rental Info

  • Existing Lease Term(s): Month To Month
  • Gross Rent Multiplier: 47.08
  • Number Of Leased: 1

Multi Family

  • Utilities: Public Utilities
  • Expense Insurance: 1500
  • Expense Landscape: 1200
  • Expenses Total: 20375
  • 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: Fee - Property Tax, Insurance
  • Tenant Expenses: Utilities - Electric, Utilities - Gas

Range of Values:

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List Price
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
07/01/2021 07/01/21 Sold $1,875,000 +10.6% $859 / Sq Ft
05/24/2021 05/24/21 Pending -- -- --
05/17/2021 05/17/21 For Sale $1,695,000 +19.9% $776 / Sq Ft
10/11/2019 10/11/19 Sold $1,413,750 -11.6% $648 / Sq Ft
09/13/2019 09/13/19 Pending -- -- --
08/22/2019 08/22/19 For Sale $1,599,000 -- $732 / Sq Ft
Source: MLSListings

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Garret Jones

    Seller's Agent in 2021

    Garret Jones

    Keller Williams Thrive

    (408) 833-2233

    9 in this area

    39 Total Sales

    Section Image

  • P

    Buyer's Agent in 2021

    Paul Skrabo

    Keller Williams Palo Alto

    Section Image
  • Elaine Motekaitis

    Seller's Agent in 2019

    Elaine Motekaitis

    Coldwell Banker Realty

    (408) 930-3288

    1 in this area

    18 Total Sales

    Section Image

  • R

    Buyer's Agent in 2019

    RECIP

    Out of Area Office

See All Agents

Map

Source: MLSListings

MLS Number: ML81842191

MLSListings

APN: 264-58-033

California Santa Clara County San Jose 95125 Willow Glen

1089 Lincoln Ave, San Jose, CA

This home is located at 1089 Lincoln Ave, San Jose, CA 95125 since 17 May 2021. This property was built in 1933. 1089 Lincoln Ave is a home located in Santa Clara County with nearby schools including Willow Glen Elementary, Willow Glen Middle, and Willow Glen High School.

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