$1,815,000
SOLD DEC 17, 2014
7 Beds
7 Baths
3,919 Sq Ft
7,841 Sq Ft Lot

Recently Sold

$463 Per Sq Ft

21% Above List Price

21 Days on Market

Highlights

  • Building Patio
  • Zoned Heating
  • Wall to Wall Carpet
  • Nelson S. Dilworth Elementary School Rated A-
  • Laundry Facilities

About This Home

As of September 2016

Incredible location. Cupertino schools. 2 miles to Apple headquarters and 3.5 miles to Apple spaceship campus. Attractive unit mix: (3) large 2x1.5 TH with private yards and (1) single story 1x1 with fireplace. Below market rents - tremendous upside potential. Close to De Anza Boulevard and Highway 85. 1211 Weyburn Lane (identical property) also available for sale at same price.

Last Agent to Sell the Property

Justin Bautista

Cassidy Turley Northern California, Inc. License #01268331 Listed on: 11/14/2014

Last Buyer's Agent

Justin Bautista

Cassidy Turley Northern California, Inc. License #01268331 Listed on: 11/14/2014

Property Details

Home Type

  • Multi-Family

Year Built

  • 1961

Lot Details

  • Sprinkler System

Parking

  • Carport

Home Design

  • Quadruplex
  • Shingle Roof
  • Composition Roof

Interior Spaces

  • 3,919 Sq Ft Home
  • 2-Story Property

Kitchen

  • Oven or Range
  • Disposal

Flooring

  • Wall to Wall Carpet
  • Vinyl

Utilities

  • Zoned Heating
  • Wall Furnace
  • Sewer Within 50 Feet

Listing and Financial Details

  • Total Actual Rent $73,800
  • The owner pays for garbage, services - gardener/landscaping, hot water, water

Community Details

Overview

  • 3,919 Sq Ft Building

Amenities

  • Building Patio
  • Laundry Facilities

Building Details

  • Gardener Expense $1,200
  • Insurance Expense $1,200
  • Maintenance Expense $3,200
  • Other Expense $2,214
  • Utility Expense $1,800
  • Trash Expense $1,800
  • Operating Expense $33,474
  • Gross Income $74,760

Property Details

Home Type

Multi-Family

Year Built

1961

Lot Details

0

Listing Details

  • Zoning: RM
  • Subclass: Fourplex
  • Age: 53
  • Inspections Reports: Flood Zone
  • Listing Class: Residential Income (2-4 Units)
  • Max Numberof Unitsin Complex: 4
  • Min Numberof Unitsin Complex: 4
  • Structure Sq Ft: 3919
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1961

Interior Features

  • Kitchen: Garbage Disposal, Oven Range, Refrigerator
  • Living Sq Ft: 3919
  • Stories: 2
  • Laundry: 220 Volt Outlet, Washer/Dryer - Leased Coin-Op, Community Facility
  • Flooring: Carpet - Wall To Wall, Vinyl / Linoleum

Exterior Features

  • Roof: Shingle, Composition
  • Yard/Grounds: Sprinklers - Lawn

Garage/Parking

  • Garage Parking Features: Spaces Per Unit - 1, Carport

Utilities

  • Heating System: Heating - 2+ Zones, Wall Furnace
  • Sewer/Septic System: Sewer In Street, Sewer Connected

Condo/Co-op/Association

  • HOA Amenities: Patio - Common, Patio - Private

Schools

  • School District: Fremont Union High
  • Elementary School: R. I. Meyerholz Elementary
  • Middle School: Joaquin Miller Middle
  • High School: Lynbrook High
  • High School: 259
  • Elementary School: 87
  • Middle School: 88

Lot Info

  • Lot Location: Corner
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 8000.00
  • Lot Size Area Maximum Units: Square Feet
  • Lot Size Area Max Search: 8000.00
  • Lot Size Area Min Search: 8000.00
  • Maximum Lot Size: 8000.00

Rental Info

  • Existing Lease Term(s): Month To Month, Less Than 1 Yr
  • Gross Rent Multiplier: 20.06

Multi Family

  • Expense Insurance: 1200
  • Expense Landscape: 1200
  • Expense Maintenance: 3200
  • Expenses Other: 2214
  • Expenses Total: 33474
  • Expenses Utility: 1800
  • Expense Trash: 1800
  • Expense Water Sewer: 2400
  • Income Annual Gross: 74760.00
  • Income Annual Rental: 73800
  • Income Gross Scheduled: 74760
  • Income Includes: Laundry, Lease
  • Income Laundry: 960
  • Maximum Building Height: 2
  • Meters: Separate Electric, Separate Gas, Master Water
  • Minimum Building Height: 2
  • Number Of Buildings: 1
  • Operating Expenses Include: Services - Trash Removal, Services - Gardener, Utilities - Hot Water, Utilities - Water, Utilities - Gas, Insurance, Maintenance - Repair, Fee - Property Tax, Services - Sewer, Vacancy Factor, Utilities - Electric
  • Owner Pays: Garbage, Services - Gardener/Landscaping, Hot Water, Water
  • Tenant Expenses: Utilities - Gas, Utilities - Heating, Cable Tv, Utilities - Electric

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
09/21/2016 09/21/16 Sold $2,050,000 -6.8% $523 / Sq Ft
05/20/2016 05/20/16 Pending -- -- --
04/18/2016 04/18/16 For Sale $2,200,000 +21.2% $561 / Sq Ft
12/17/2014 12/17/14 Sold $1,815,000 +21.0% $463 / Sq Ft
12/05/2014 12/05/14 Pending -- -- --
11/14/2014 11/14/14 For Sale $1,500,000 -- $383 / 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: ML81440300

MLSListings

APN: 372-24-020