NOT LISTED FOR SALE
2 Beds
2 Baths
1,176 Sq Ft
7,623 Sq Ft Lot

Last Sold February 10, 2017

Last sale price $712,000 $605 Per Sq Ft

8 Days on Market

Highlights

  • Wood Flooring
  • Floor Furnace
  • 1-Story Property

About This Home

As of February 2017

Rare San Jose income property opportunity! Fixer upper Duplex just 2 doors off The Alameda on a wonderful tree lined street. Sits between 2 Victorian Homes. Each unit is 588 sf., 1 BR/1BA, plus garage and good sized yard. Updating needed in both units - bring your contractor! Property is on San Jose City Historic Inventory List. Contact City for building guidelines and restrictions.

Last Agent to Sell the Property

Jennifer Saulala

Coldwell Banker Realty License #02006966 Listed on: 01/24/2017

Coldwell Banker Realty

Last Buyer's Agent

Beth Newquist

Coldwell Banker Realty License #01976675

Coldwell Banker Realty

Property Details

Home Type

  • Multi-Family

Year Built

  • 1910

Lot Details

  • 7,623 Sq Ft Lot
  • Mostly Level

Parking

  • 2 Car Garage

Home Design

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

Interior Spaces

  • 1,176 Sq Ft Home
  • 1-Story Property
  • Crawl Space
  • Gas Oven
  • Washer and Dryer Hookup

Flooring

  • Wood
  • Carpet
  • No Floor Coverings
  • Vinyl

Utilities

  • Floor Furnace
  • Separate Meters
  • Individual Gas Meter

Listing and Financial Details

  • Total Actual Rent $48,000

Community Details

Overview

Building Details

  • Gardener Expense $840
  • Insurance Expense $1,200
  • Maintenance Expense $600
  • Operating Expense $10,765
  • Gross Income $48,000

Property Details

Home Type

Multi-Family

Year Built

1910

Lot Details

0

Parking

2

Listing Details

  • Zoning: R2
  • Subclass: Duplex
  • Age: 107
  • Listing Class: Residential Income (2-4 Units)
  • Structure Sq Ft: 1176
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1910

Interior Features

  • Kitchen: Hookups - Gas, Oven Range - Gas, Refrigerator
  • Living Sq Ft: 1176
  • Stories: 1
  • Laundry: Hookups Only
  • Flooring: Carpet, Hardwood, Unfinished, Vinyl / Linoleum

Exterior Features

  • Foundation: Concrete Perimeter, Crawl Space
  • Roof: Composition
  • Construction Type: Wood Frame

Garage/Parking

  • Garage Spaces: 2
  • Parking Spaces: 6

Utilities

  • Heating System: Floor Furnace
  • Sewer/Septic System: Sewer - Public

Schools

  • School District: San Jose Unified
  • Elementary School: Merritt Trace Elementary
  • Middle School: Herbert Hoover Middle
  • High School: Abraham Lincoln High
  • High School: 347
  • Elementary School: 381
  • Middle School: 340

Lot Info

  • Lot Description: Grade - Mostly Level
  • Lot Acres: 0.1750
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 7625.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 7625.00

Rental Info

  • Existing Lease Term(s): Building Vacant
  • Gross Rent Multiplier: 12.48

Multi Family

  • Utilities: Individual Electric Meters, Individual Gas Meters
  • Expense Insurance: 1200
  • Expense Landscape: 840
  • Expense Maintenance: 600
  • Expenses Total: 10765
  • Income Annual Gross: 48000.00
  • Income Annual Rental: 48000
  • Income Gross Scheduled: 48000
  • Meters: Separate Electric, Separate Gas, Separate Water
  • Number Of Buildings: 1
  • Operating Expenses Include: Accounting/Legal, Fee - Property Tax, Maintenance - Repair, Services - Gardener
  • Tenant Expenses: Services - Trash Removal, Utilities - Electric, Utilities - Gas, Utilities - Water

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
02/10/2017 02/10/17 Sold $712,000 +18.9% $605 / Sq Ft
02/02/2017 02/02/17 Pending -- -- --
01/24/2017 01/24/17 For Sale $599,000 -- $509 / 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: ML81636555

MLSListings

APN: 261-23-022