NOT LISTED FOR SALE

1138 Appian Ln San Jose, CA 95116

Brookwood Terrace Neighborhood
8 Beds
4 Baths
3,328 Sq Ft
6,120 Sq Ft Lot

Last Sold January 10, 2019

Last sale price $1,310,000 $394 Per Sq Ft

9 Days on Market

Highlights

  • Granite Countertops
  • Double Pane Windows
  • Laundry Room
  • Balcony
  • Tandem Parking
  • Shed

About This Home

As of January 2019

Nicely updated and well maintained 4-unit apartment building in prime San Jose location very close to downtown San Jose! All 4 units have 2 bed, 1 bath, spacious layouts with 2 parking spaces and approximately 832sqft. Additional features include fenced front yard, owned coin operated laundry room, separate storage room, new exterior paint, pitched composition shingle roof, updated kitchens, gas ranges, most double pane windows, upstairs units have balconies. Unit C is moving out in January 2019 for new tenant or possible owner user. Highly desirable central location with easy commute access to 280/680 or 101 freeways, large employers, shopping, restaurants, and so much more! Fabulous investment with upside potential! Please feel free to drive past the property but do not disturb the tenants, thanks!

Last Agent to Sell the Property

Carlos Padilla

Intero Real Estate Services License #01342889 Listed on: 11/27/2018

Intero Real Estate Services

Last Buyer's Agent

David Truong

California Investments License #00869567

Property Details

Home Type

  • Multi-Family

Year Built

  • 1961

Lot Details

  • 6,120 Sq Ft Lot
  • Sprinklers on Timer

Home Design

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

Interior Spaces

  • 3,328 Sq Ft Home
  • 2-Story Property
  • Double Pane Windows
  • Laundry Room

Kitchen

  • Gas Oven
  • Range Hood
  • Granite Countertops

Flooring

  • Carpet
  • Tile
  • Vinyl

Parking

  • 8 Carport Spaces
  • Tandem Parking

Outdoor Features

  • Balcony
  • Shed

Utilities

  • Wall Furnace
  • Heating System Uses Gas
  • Separate Meters

Listing and Financial Details

  • Total Actual Rent $82,800

Community Details

Overview

Building Details

  • 4 Leased Units
  • Gardener Expense $600
  • Insurance Expense $1,250
  • Maintenance Expense $400
  • Utility Expense $3,633
  • Trash Expense $2,177
  • Operating Expense $14,107
  • Gross Income $81,213

Property Details

Home Type

Multi-Family

Year Built

1961

Lot Details

0

Listing Details

  • Zoning: RM
  • Subclass: Fourplex
  • Age: 57
  • Listing Class: Residential Income (2-4 Units)
  • Structure Sq Ft: 3328
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1961

Interior Features

  • Kitchen: Countertop - Granite, Hood Over Range, Oven Range - Gas, Refrigerator
  • Living Sq Ft: 3328
  • Stories: 2
  • Flooring: Carpet, Tile, Vinyl / Linoleum
  • Additional Rooms: Laundry Room

Exterior Features

  • Foundation: Concrete Perimeter
  • Roof: Composition
  • Yard/Grounds: Balcony / Patio, Sprinklers - Auto, Storage Shed / Structure
  • Construction Type: Wood Frame

Garage/Parking

  • Garage Parking Features: Carport, Parking Area, Tandem Parking
  • Carport Min: 8

Utilities

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

Schools

  • School District: East Side Union High
  • Elementary School: McKinley Elementary
  • High School: Yerba Buena High
  • High School: 254
  • Elementary School: 119

Lot Info

  • Lot Acres: 0.1405
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 6120.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 6120.00

Green Features

  • Energy Features: Double Pane Windows

Rental Info

  • Existing Lease Term(s): Month To Month, Security Deposit
  • Gross Rent Multiplier: 13.88
  • Number Of Leased: 4

Multi Family

  • Utilities: Individual Electric Meters, Public Utilities
  • Expense Insurance: 1250
  • Expense Landscape: 600
  • Expense Maintenance: 400
  • Expenses Total: 14107
  • Expenses Utility: 3633
  • Expense Trash: 2177
  • Income Annual Gross: 81213.00
  • Income Annual Rental: 82800
  • Income Gross Scheduled: 82870
  • Income Includes: Laundry
  • Income Other: 70
  • Meters: Master Water, Separate Electric, Separate Gas
  • Number Of Buildings: 1
  • Operating Expenses Include: Utilities - Electric, Utilities - Gas, Utilities - Water
  • Tenant Expenses: Utilities - Electric, Utilities - Gas
  • Vacancy Factor: 2

Range of Values:

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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 List to Sale Price per Sq Ft
01/10/2019 01/10/19 Sold $1,310,000 +13.9% $394 / Sq Ft
12/07/2018 12/07/18 Pending -- -- --
11/27/2018 11/27/18 For Sale $1,150,000 -- $346 / Sq Ft
Source: MLSListings

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Carlos Padilla

    Seller's Agent in 2019

    Carlos Padilla

    Intero Real Estate Services

    (650) 947-4746

    93 Total Sales

    Carlos Padilla
    Section Image
  • David Truong

    Buyer's Agent in 2019

    David Truong

    California Investments

    (408) 828-5651

    1 in this area

    9 Total Sales

    David Truong
    Section Image
See All Agents

Map

Source: MLSListings

MLS Number: ML81732033

MLSListings

APN: 472-02-153

California Santa Clara County San Jose 95116 Brookwood Terrace

1138 Appian Ln, San Jose, CA

This home is located at 1138 Appian Ln, San Jose, CA 95116 since 27 November 2018. This property was built in 1961. 1138 Appian Ln is a home located in Santa Clara County with nearby schools including McKinley Elementary School, Sylvandale Middle School, and Yerba Buena High School.

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