NOT LISTED FOR SALE

121 Graham Ave San Jose, CA 95110

Tamien Neighborhood
4 Beds
4 Baths
2,974 Sq Ft
4,787 Sq Ft Lot

Last Sold January 25, 2022

Last sale price $1,460,000 $491 Per Sq Ft

21 Days on Market

About This Home

As of January 2022

CALL FOR OFFERS | Thursday, December 9th @ 5PM Final Tour on Thursday 12/2 from 12-1:30 PM Please Contact Eymon Binesh to RSVP 121 Graham Ave is a stunning fourplex located in the thriving city of San Jose, CA. Situated on a parcel of land totaling 2,974 sqft, the subject property was originally constructed in 1953 and has a gross building area of approximately 2,974 sqft, offering its tenants beautifully designed !-bedroom floor plans. The subject property is located across the street from Tamien Station which acts as one of San Joses most important intermodal passenger transportation services connecting tenants from the top of San Francisco Bay Area all the way to Gilroy. Access to Tamien Station allows for higher unit density with zero required parking for residential developments in the area. The property is also located one stop away from the huge 80-acre Downtown West project proposed by Google expected to create up to 25,000 new jobs in the area.

Last Agent to Sell the Property

Robert Johnston

Marcus & Millichap License #01853816 Listed on: 11/22/2021

Co-Listed By

Eymon Binesh

Marcus & Millichap License #02060059

Last Buyer's Agent

Bryan Bibby

SF Assessor Recorder Office

Property Details

Home Type

  • Multi-Family

Year Built

  • 1953

Lot Details

  • 4,787 Sq Ft Lot

Home Design

  • Quadruplex
  • Slab Foundation
  • Tar and Gravel Roof

Interior Spaces

  • 2,974 Sq Ft Home
  • 2-Story Property

Parking

  • 4 Carport Spaces
  • On-Street Parking
  • Off-Street Parking
  • Assigned Parking

Utilities

  • Separate Meters
  • Individual Gas Meter

Listing and Financial Details

  • Total Actual Rent $74,940
  • Month-to-Month Lease Term

Community Details

Overview

  • 2,974 Sq Ft Building

Building Details

  • 4 Leased Units
  • Gardener Expense $1,200
  • Insurance Expense $1,270
  • Maintenance Expense $2,000
  • Utility Expense $1,483
  • Trash Expense $2,177
  • Operating Expense $25,077
  • Gross Income $72,692

Property Details

Home Type

Multi-Family

Year Built

1953

Lot Details

0

Listing Details

  • Zoning: C2
  • Subclass: Fourplex
  • Age: 68
  • Listing Class: Residential Income (2-4 Units)
  • Structure Sq Ft: 2974
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1953

Interior Features

  • Living Sq Ft: 2974
  • Stories: 2

Exterior Features

  • Foundation: Concrete Slab
  • Roof: Tar And Gravel

Garage/Parking

  • Garage Parking Features: Assigned Spaces, Carport, Off-Street Parking, On Street
  • Carport Min: 4

Utilities

  • Sewer/Septic System: Sewer Connected

Schools

  • School District: San Jose Unified

Lot Info

  • Lot Acres: 0.1099
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 4787.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 4787.00

Rental Info

  • Existing Lease Term(s): 1 Year Lease, Month To Month
  • Gross Rent Multiplier: 17.19
  • Number Of Leased: 4

Multi Family

  • Utilities: Individual Electric Meters, Individual Gas Meters
  • Expense Insurance: 1270
  • Expense Landscape: 1200
  • Expense Maintenance: 2000
  • Expenses Total: 25077
  • Expenses Utility: 1483
  • Expense Trash: 2177
  • Income Annual Gross: 72692.00
  • Income Annual Rental: 74940
  • Income Gross Scheduled: 74940
  • Meters: Master Water, Separate Electric, Separate Gas
  • Number Of Buildings: 4
  • Operating Expenses Include: Insurance, Maintenance - Repair, Services - Trash Removal, Utilities - Water, Vacancy Factor
  • Tenant Expenses: Utilities - Electric, Utilities - Gas
  • Vacancy Factor: 3

Range of Values:

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Average Value
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List Price
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
01/25/2022 01/25/22 Sold $1,460,000 +13.4% $491 / Sq Ft
12/14/2021 12/14/21 Pending -- -- --
11/22/2021 11/22/21 For Sale $1,288,000 +112.9% $433 / Sq Ft
03/21/2013 03/21/13 Sold $605,000 +15.2% $203 / Sq Ft
02/08/2013 02/08/13 Pending -- -- --
01/25/2013 01/25/13 For Sale $525,000 -- $177 / Sq Ft
Source: MLSListings

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Robert Johnston

    Seller's Agent in 2022

    Robert Johnston

    Marcus & Millichap

    (510) 304-8077

    1 in this area

    137 Total Sales

    Robert Johnston
    Section Image
  • Eymon Binesh

    Seller Co-Listing Agent in 2022

    Eymon Binesh

    Marcus & Millichap

    (650) 391-1700

    1 in this area

    66 Total Sales

    Eymon Binesh
    Section Image

  • B

    Buyer's Agent in 2022

    Bryan Bibby

    SF Assessor Recorder Office

    Bryan Bibby
    Section Image
  • Jayanta Samanta

    Buyer's Agent in 2022

    Jayanta Samanta

    Intero Real Estate Services

    (510) 928-4823

    1 in this area

    131 Total Sales

    Jayanta Samanta
    Section Image

  • M

    Buyer's Agent in 2022

    Mark Nesmith

    Realty Executives Dillon

    Section Image

  • B

    Seller's Agent in 2013

    Brett Mattos

    Corcoran Icon Properties

    Section Image
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Map

Source: MLSListings

MLS Number: ML81870910

MLSListings

APN: 434-07-027

California Santa Clara County San Jose 95110 Tamien

121 Graham Ave, San Jose, CA

This home is located at 121 Graham Ave, San Jose, CA 95110 since 22 November 2021. This property was built in 1953. 121 Graham Ave is a home located in Santa Clara County with nearby schools including Washington Elementary School, Willow Glen Middle, and Willow Glen High School.

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