NOT LISTED FOR SALE
3 Beds
2 Baths
1,494 Sq Ft
6,316 Sq Ft Lot

Last Sold November 26, 2016

Last sale price $685,000 $459 Per Sq Ft

119 Days on Market

About This Home

As of November 2016

DUPLEX in good Downtown San Jose location. 2/1 and 1/1 units are both month-to-month with long term tenants. Rent can be increased to $2,193 on the 2/1 unit, and rent can be increased to $1,740 on the 1/1 unit. Large units with lots of potential. Private garages for both units, W/D hookups in both units and nice yard for BBQ and safe area for kids. Property is located near San Jose Giants Stadium, San Jose Sharks practice facility, Santa Clara County Fairgrounds and the San Jose State track and stadium.

Last Agent to Sell the Property

Christian Losness

Losness Investment Real Estate Corp License #01506985 Listed on: 06/28/2016

Last Buyer's Agent

Wendy Nguyen

KW Silicon City License #01456282

KW Silicon City

Property Details

Home Type

  • Multi-Family

Year Built

  • 1954

Lot Details

  • 6,316 Sq Ft Lot
  • Irrigation

Home Design

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

Interior Spaces

  • 1,494 Sq Ft Home
  • 1-Story Property

Parking

  • 4 Car Attached Garage
  • On-Street Parking
  • Uncovered Parking

Utilities

  • Wall Furnace

Listing and Financial Details

  • Total Actual Rent $37,140

Community Details

Overview

Building Details

  • 2 Leased Units
  • Gardener Expense $960
  • Insurance Expense $672
  • Other Expense $1,574
  • Trash Expense $1,440
  • Operating Expense $13,491
  • Gross Income $36,026

Property Details

Home Type

Multi-Family

Year Built

1954

Lot Details

0

Listing Details

  • Zoning: R2
  • Subclass: Duplex
  • Age: 62
  • Listing Class: Residential Income (2-4 Units)
  • Structure Sq Ft: 1494
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1954

Interior Features

  • Living Sq Ft: 1494
  • Stories: 1

Exterior Features

  • Foundation: Concrete Perimeter
  • Roof: Composition
  • Construction Type: Wood Frame

Garage/Parking

  • Parking Spaces: 4
  • Garage Parking Features: Attached Garage, On Street, Uncovered Parking

Utilities

  • Heating System: Wall Furnace
  • Sewer/Septic System: Sewer Connected

Schools

  • School District: San Jose Unified

Lot Info

  • Lot Acres: 0.1450
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 6298.78
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 6298.78

Rental Info

  • Existing Lease Term(s): Month To Month
  • Gross Rent Multiplier: 19.52
  • Number Of Leased: 2

Multi Family

  • Utilities: Public Utilities
  • Expense Insurance: 672
  • Expense Landscape: 960
  • Expenses Other: 1574
  • Expenses Total: 13491
  • Expense Trash: 1440
  • Income Annual Gross: 36026.00
  • Income Annual Rental: 37140
  • Income Gross Scheduled: 37140
  • Income Includes: Rents
  • Meters: Separate Electric, Separate Gas, Separate Water
  • Number Of Buildings: 1
  • Operating Expenses Include: Fee - Property Tax, Services - Sewer, Services - Trash Removal, Vacancy Factor
  • Tenant Expenses: Utilities - Electric, Utilities - Gas, Utilities - Water
  • Vacancy Factor: 3

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 Change Sq Ft Price
11/26/2016 11/26/16 Sold $685,000 -5.5% $459 / Sq Ft
10/26/2016 10/26/16 Pending -- -- --
09/29/2016 09/29/16 For Sale $725,000 +5.8% $485 / Sq Ft
09/29/2016 09/29/16 Off Market $685,000 -- --
06/28/2016 06/28/16 For Sale $725,000 -- $485 / 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: ML81592739

MLSListings

APN: 477-03-067