$1,928,000
SOLD JUN 11, 2025
10 Beds
6 Baths
4,388 Sq Ft
7,919 Sq Ft Lot

Recently Sold

$439 Per Sq Ft

6% Below List Price

31 Days on Market

Highlights

  • Wood Flooring
  • Forced Air Heating and Cooling System
  • Washer and Dryer
  • Montague Elementary School Rated A-
  • Coin Laundry

About This Home

As of June 2025

WELL MAINTAINED Santa Clara 4PLEX with GREAT UNIT MIX provides the savvy or first time investor with TREMENDOUS UPSIDE POTENTIAL. Or, If you are a buyer who cant afford the high prices of a single family residence in the Bay Area, live in one unit and offset your mortgage with the rental income from the other 3 units. Two of the apartments were recently renovated and left vacant to allow a new buyer to move in or rent at market rental rates. Buyer may also immediately raise the rent on the two occupied units upon transfer to gain immediate upside. The building consists of 4,388 SqFt of living space on a 7,920 SqFt lot, 10'x12' storage unit + coin operated laundry room. (2) 3 bed/2 bath units + (2) 2 bed/1 bath units come with a private balcony or patio, double paned windows; Central Heat/AC in # 1,2, 3. Most units have updated kitchens, bathrooms and flooring. A recently rebuilt carport offers 4 parking spots + 4 storage units, 3 parking spots are on the side of the building. The units are individually metered for electricity and gas. Ideal location with easy access to commuter routes and major freeways. Close to RIVERMARK, shopping, restaurants and more. Don't forget low utility rates, NO city transfer fees AND... rental increase limits set at 5% PLUS CPI (2025 - 8.8%)

Last Agent to Sell the Property

Mattie Baker

KW Silicon City License #00898114 Listed on: 04/04/2025

KW Silicon City

Last Buyer's Agent

Angela Chen

Realty One Group Infinity License #01938265

Realty One Group Infinity

Property Details

Home Type

  • Multi-Family

Year Built

  • 1963

Lot Details

  • 7,919 Sq Ft Lot

Home Design

  • Quadruplex
  • Shingle Roof
  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 4,388 Sq Ft Home
  • 2-Story Property
  • Washer and Dryer

Kitchen

  • Gas Oven
  • Range Hood
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Tile

Parking

  • 3 Parking Spaces
  • 5 Carport Spaces
  • On-Street Parking

Utilities

  • Forced Air Heating and Cooling System
  • Floor Furnace
  • Heating System Uses Gas
  • Separate Meters
  • Individual Gas Meter

Listing and Financial Details

  • Total Actual Rent $125,640

Community Details

Overview

Amenities

  • Coin Laundry

Building Details

  • 2 Leased Units
  • Gardener Expense $540
  • Insurance Expense $3,012
  • Other Expense $552
  • Utility Expense $5,740
  • Trash Expense $3,927
  • Operating Expense $25,239
  • Gross Income $127,440

Property Details

Home Type

Multi-Family

Year Built

1963

Lot Details

0

Listing Details

  • Zoning: R3
  • Subclass: Fourplex
  • Listing Class: Residential Income (2-4 Units)
  • Structure Sq Ft: 4388
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1963

Interior Features

  • Kitchen: Dishwasher, Garbage Disposal, Hood Over Range, Oven Range - Gas, Refrigerator
  • Living Sq Ft: 4388
  • Stories: 2
  • Laundry: Coin Operated, Washer / Dryer
  • Flooring: Hardwood, Tile

Exterior Features

  • Foundation: Concrete Perimeter
  • Roof: Composition, Shingle

Garage/Parking

  • Parking Spaces: 3
  • Garage Parking Features: Carport, Common Parking Area, On Street
  • Carport Min: 5

Utilities

  • Cooling System: Central Ac
  • Heating System: Central Forced Air - Gas, Floor Furnace, Gas
  • Sewer/Septic System: Sewer - Public

Lot Info

  • Lot Acres: 0.1818
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 7920.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 7920.00

Rental Info

  • Existing Lease Term(s): Month To Month
  • Gross Rent Multiplier: 15.68
  • Number Of Leased: 2

Multi Family

  • Utilities: Individual Electric Meters, Individual Gas Meters, Natural Gas, Public Utilities
  • Expense Insurance: 3012
  • Expense Landscape: 540
  • Expenses Other: 552
  • Expenses Total: 25239
  • Expenses Utility: 5740
  • Expense Trash: 3927
  • Income Annual Gross: 127440.00
  • Income Annual Rental: 125640
  • Income Gross Scheduled: 127440
  • Income Includes: Laundry, Parking
  • Income Other: 1800
  • Meters: Separate Electric, Separate Gas
  • Number Of Buildings: 1
  • Operating Expenses Include: Fee - Property Tax, Insurance, Services - Gardener, Services - Sewer, Services - Trash Removal, Utilities - Water
  • Tenant Expenses: Utilities - Electric, Utilities - Gas

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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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 List to Sale Price per Sq Ft
06/11/2025 06/11/25 Sold $1,928,000 -3.5% $439 / Sq Ft
05/06/2025 05/06/25 Pending -- -- --
04/27/2025 04/27/25 Price Changed $1,998,000 -2.5% $455 / Sq Ft
04/04/2025 04/04/25 For Sale $2,050,000 -- $467 / 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: ML82001177

MLSListings

APN: 101-22-102