NOT LISTED FOR SALE
4 Beds
3 Baths
1,980 Sq Ft
9,714 Sq Ft Lot

Last Sold March 24, 2017

Last sale price $750,000 $379 Per Sq Ft

3 Days on Market

Highlights

  • 2 Car Detached Garage
  • Forced Air Heating System
  • Back Yard

About This Home

As of March 2017

Great investment opportunity. Duplex has two detached units on large corner lot. The 2 story unit is a 3 bedroom, 2 bath and the 1 story unit is 1 bedroom, 1 bath. Detached 2 car garage and plenty of parking space.

Last Agent to Sell the Property

Ed Lafosse

Lafosse Asset Management License #00864594 Listed on: 01/23/2017

Last Buyer's Agent

Amy Zhang

Baywin Realty and Financial Services License #01338704

Property Details

Home Type

  • Multi-Family

Year Built

  • 1910

Lot Details

  • 9,714 Sq Ft Lot
  • Back Yard

Parking

  • 2 Car Detached Garage
  • On-Street Parking

Home Design

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

Interior Spaces

  • 1,980 Sq Ft Home
  • 2-Story Property

Utilities

  • Forced Air Heating System
  • Wall Furnace
  • Separate Meters
  • Individual Gas Meter

Listing and Financial Details

  • Total Actual Rent $42,960

Community Details

Overview

  • 1,980 Sq Ft Building

Building Details

  • 2 Leased Units
  • Insurance Expense $2,250
  • Maintenance Expense $2,400
  • Operating Expense $13,762
  • Gross Income $42,960

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: 1980
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1910

Interior Features

  • Kitchen: Varies By Unit
  • Living Sq Ft: 1980
  • Stories: 2

Exterior Features

  • Foundation: Concrete Perimeter
  • Roof: Composition
  • Yard/Grounds: Back Yard
  • Construction Type: Wood Frame

Garage/Parking

  • Garage Spaces: 2
  • Parking Spaces: 4
  • Garage Parking Features: Detached Garage, On Street

Utilities

  • Heating System: Central Forced Air, Wall Furnace
  • Sewer/Septic System: Sewer Connected

Schools

  • School District: San Jose Unified

Lot Info

  • Lot Acres: 0.2230
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 9700.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 9700.00

Rental Info

  • Existing Lease Term(s): Month To Month
  • Gross Rent Multiplier: 16.97
  • Number Of Leased: 2

Multi Family

  • Utilities: Individual Electric Meters, Individual Gas Meters, Public Utilities
  • Expense Insurance: 2250
  • Expense Maintenance: 2400
  • Expenses Total: 13762
  • Income Annual Gross: 42960.00
  • Income Annual Rental: 42960
  • Income Gross Scheduled: 42960
  • Income Includes: Rents
  • Meters: Separate Electric, Separate Gas
  • Number Of Buildings: 3
  • Operating Expenses Include: Fee - Property Tax, Maintenance - Repair
  • Tenant Expenses: Utilities - Electric, Utilities - Gas, Utilities - Water

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
03/24/2017 03/24/17 Sold $750,000 +2.9% $379 / Sq Ft
01/27/2017 01/27/17 Pending -- -- --
01/23/2017 01/23/17 For Sale $729,000 -- $368 / 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: ML81636472

MLSListings

APN: 434-11-018