NOT LISTED FOR SALE
9 Beds
5 Baths
3,794 Sq Ft
7,383 Sq Ft Lot

Last Sold April 19, 2022

Last sale price $2,010,000 $530 Per Sq Ft

15 Days on Market

Highlights

  • 4 Car Detached Garage
  • Laundry Room
  • Coin Laundry
  • Del Mar High School Rated A-
  • Forced Air Heating System
  • Fenced

About This Home

As of April 2022

Fully occupied 4-plex in San Jose this is a great investment opportunity close to major freeway and businesses. Unit #1 is a spacious 3 bedroom 2 bath offering approximately 1050 s.f and feels comparable to living in a single-family home. Light and bright floorpan offers a spacious living area open to the dining nook with sliders to the nice size yard. 2 full bathrooms and 3 good sized bedrooms with lots of storage. Units 2, 3 & 4 are located on the second level and and each offer 2 bedrooms and one bathroom. The spacious living areas open to the eat-in kitchen areas plus lots of storage. Approximately between 850-950 s.f. each. All units also each have a 1-car garage. Coin operated washer/dryer located on-site in the common laundry room area. Centrally located close to the proposed Google Campus, 280, 880, 101, San Jose Airport, City San Jose College, Valley Medical Center, Valley Fair shopping, Santana Row and major Tech companies nearby.

Last Agent to Sell the Property

Christian Weir

Casa Divina Real Estate License #02119806 Listed on: 02/28/2022

Co-Listed By

Darcey Arena

Casa Divina Real Estate License #01170373

Last Buyer's Agent

Eddie Gold Li

Elite RE & Financial Group License #01843165

Property Details

Home Type

  • Multi-Family

Year Built

  • 1963

Lot Details

  • 7,383 Sq Ft Lot
  • Fenced

Parking

  • 4 Car Detached Garage
  • On-Street Parking
  • Assigned Parking

Home Design

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

Interior Spaces

  • 3,794 Sq Ft Home
  • 2-Story Property
  • Laundry Room

Kitchen

  • Dishwasher
  • Disposal

Utilities

  • Forced Air Heating System

Listing and Financial Details

  • Total Actual Rent $96,324

Community Details

Overview

Amenities

  • Coin Laundry

Building Details

  • 4 Leased Units
  • Gardener Expense $1,170
  • Insurance Expense $165
  • Maintenance Expense $5,467
  • Manager Expense $6,615
  • Other Expense $3,561
  • Utility Expense $4,861
  • Operating Expense $31,692
  • Gross Income $96,324

Property Details

Home Type

Multi-Family

Year Built

1963

Lot Details

0

Parking

4

Listing Details

  • Zoning: RM
  • Subclass: Fourplex
  • Age: 59
  • Listing Class: Residential Income (2-4 Units)
  • Structure Sq Ft: 3794
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1963

Interior Features

  • Kitchen: Dishwasher, Garbage Disposal
  • Living Sq Ft: 3794
  • Stories: 2
  • Laundry: Coin Operated
  • Additional Rooms: Laundry Room

Exterior Features

  • Foundation: Concrete Perimeter And Slab
  • Roof: Composition
  • Yard/Grounds: Fenced
  • Construction Type: Wood Frame

Garage/Parking

  • Garage Spaces: 4
  • Parking Spaces: 4
  • Garage Parking Features: Assigned Spaces, Detached Garage, On Street

Utilities

  • Heating System: Forced Air
  • Sewer/Septic System: Sewer - Public

Schools

  • School District: Campbell Union High

Lot Info

  • Lot Acres: 0.1695
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 7385.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 7385.00

Rental Info

  • Existing Lease Term(s): Lease Agreement - Written
  • Gross Rent Multiplier: 16.60
  • Number Of Leased: 4

Multi Family

  • Utilities: Public Utilities
  • Expense Insurance: 165
  • Expense Landscape: 1170
  • Expense Maintenance: 5467
  • Expense Management: 6615
  • Expenses Other: 3561
  • Expenses Total: 31692
  • Expenses Utility: 4861
  • Income Annual Gross: 96324.00
  • Income Annual Rental: 96324
  • Income Gross Scheduled: 96324
  • Income Includes: Lease
  • Meters: Separate Electric, Separate Gas, Separate Water
  • Number Of Buildings: 1
  • Operating Expenses Include: Fee - Property Management
  • Tenant Expenses: 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 List to Sale Price per Sq Ft
04/19/2022 04/19/22 Sold $2,010,000 +25.7% $530 / Sq Ft
03/16/2022 03/16/22 Pending -- -- --
02/28/2022 02/28/22 For Sale $1,599,000 -- $421 / 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: ML81880213

MLSListings

APN: 284-27-037