NOT LISTED FOR SALE
5 Beds
3 Baths
2,531 Sq Ft
7,937 Sq Ft Lot

Last Sold July 15, 2020

Last sale price $1,350,000 $533 Per Sq Ft

12 Days on Market

Highlights

  • Balcony
  • Tandem Parking
  • Washer and Dryer
  • Moreland Middle School Rated A-
  • Forced Air Heating and Cooling System
  • Back Yard

About This Home

As of July 2020

Full address is 1108-1112 Topaz Ave. Quality, attractive West San Jose Duplex. Excellent Unit Mix: (1) 3 BR 2 BA Unit and (1) 2 BR 1BA Unit. 3 BR unit features include: 2 car garage, spacious back yard, laundry room, fireplace, central a/c, dual pane windows and large distinct dining area. 2 BR unit features include: 1 car garage w/laundry hookups, side yard and fireplace. Building is well designed for privacy with each unit having a distinct private entry with units being separated by a 2 car garage. Great opportunity for owner occupant or investor! Moreland & Campbell Union High School Districts. Easy access to: Santana Row, Valley Fair, El Paseo de Saratoga & Westgate Shopping Centers, Highways 280 & 880, Saratoga Ave & San Tomas Expr. 3 BR unit is being left vacant for Buyer. Rent shown for 3 BR is est market rent, actual rent achieved may vary. Individual unit sizes shown are net rentable sizes per a drafter. Sq Ft figures are not guaranteed, Buyer to rely on its own measurements.

Last Agent to Sell the Property

Keith Suddjian

Cornish & Carey Commercial License #00673961 Listed on: 05/27/2020

Co-Listed By

Michelle Clark

Cornish & Carey Commercial License #01918902

Last Buyer's Agent

Ling Wang

Intero Real Estate Services License #01902180

Intero Real Estate Services

Property Details

Home Type

  • Multi-Family

Year Built

  • 1966

Lot Details

  • 7,937 Sq Ft Lot
  • Back Yard

Parking

  • 3 Car Garage
  • Tandem Parking
  • Uncovered Parking

Home Design

  • Duplex
  • Wood Shingle Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 2,531 Sq Ft Home
  • 1-Story Property
  • Washer and Dryer

Kitchen

  • Electric Oven
  • Electric Cooktop
  • Dishwasher
  • Disposal

Outdoor Features

  • Balcony

Utilities

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

Listing and Financial Details

  • Total Actual Rent $64,824

Community Details

Overview

Building Details

  • 1 Leased Unit
  • Insurance Expense $1,015
  • Maintenance Expense $3,000
  • Manager Expense $4,978
  • Other Expense $410
  • Utility Expense $1,126
  • Operating Expense $30,579
  • Gross Income $62,879

Property Details

Home Type

Multi-Family

Year Built

1966

Lot Details

0

Parking

3

Listing Details

  • Zoning: R2
  • Subclass: Duplex
  • Age: 54
  • Listing Class: Residential Income (2-4 Units)
  • Structure Sq Ft: 2531
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1966

Interior Features

  • Kitchen: Cooktop - Electric, Dishwasher, Garbage Disposal, Oven - Electric, Refrigerator
  • Living Sq Ft: 2531
  • Stories: 1
  • Laundry: Hookups Only, Washer/Dryer - Some Units

Exterior Features

  • Foundation: Concrete Perimeter
  • Roof: Wood Shakes / Shingles
  • Yard/Grounds: Back Yard, Balcony / Patio

Garage/Parking

  • Garage Spaces: 3
  • Parking Spaces: 2
  • Garage Parking Features: Attached Garage, Tandem Parking, Uncovered Parking

Utilities

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

Schools

  • School District: Campbell Union High
  • Elementary School: Leroy Anderson Elementary
  • Middle School: Moreland Middle
  • High School: Prospect High
  • High School: 241
  • Elementary School: 148
  • Middle School: 35652

Lot Info

  • Lot Acres: 0.1822
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 7936.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 7936.00

Rental Info

  • Existing Lease Term(s): Month To Month
  • Gross Rent Multiplier: 21.98
  • Number Of Leased: 1

Multi Family

  • Utilities: Individual Electric Meters, Individual Gas Meters
  • Expense Insurance: 1015
  • Expense Maintenance: 3000
  • Expense Management: 4978
  • Expenses Other: 410
  • Expenses Total: 30579
  • Expenses Utility: 1126
  • Income Annual Gross: 62879.00
  • Income Annual Rental: 64824
  • Income Gross Scheduled: 64824
  • Income Includes: Rents
  • Meters: Master Water, Separate Electric, Separate Gas
  • Number Of Buildings: 1
  • Operating Expenses Include: Fee - Property Management, Fee - Property Tax, Insurance, Maintenance, Maintenance - Repair, Miscellaneous/Other, Services - Sewer, Services - Trash Removal, Utilities - Water, Vacancy Factor
  • Tenant Expenses: Utilities - Electric, Utilities - Gas, Utilities - Heating
  • Vacancy Factor: 3

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
07/15/2020 07/15/20 Sold $1,350,000 -5.3% $533 / Sq Ft
06/09/2020 06/09/20 Pending -- -- --
05/27/2020 05/27/20 For Sale $1,425,000 -- $563 / 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: ML81794127

MLSListings

APN: 299-18-107