NOT LISTED FOR SALE
4 Beds
2 Baths
1,316 Sq Ft
5,793 Sq Ft Lot

Last Sold June 14, 2017

Last sale price $730,000 $555 Per Sq Ft

11 Days on Market

Highlights

  • 3 Car Detached Garage
  • Carpet
  • 1-Story Property
  • Level Lot

About This Home

As of June 2017

!! Great Low Maintenance Investment property, Walking distance DMV, Caltrans station, Downtown San Jose, near shops, restaurants, close to Willow Glen... Close to major freeways 280/680, 87 an 101.. This Duplex has 2 bedrooms and 1 bathroom for each unit, there are three detached car garage and extra parking in the back and off street. This is a tremendous opportunity for a buyer to acquire an attractive investment property in a great location in Silicon Valley, in a strong rental market with a lack of develop-able land. Tenants are happy and pay their rents and continue to stay.

Last Agent to Sell the Property

Steven Than

VS Realty & Loans Inc License #00983236 Listed on: 05/05/2017

Last Buyer's Agent

Dat Huynh

Golden Land Real Estate, Inc. License #01121091

Property Details

Home Type

  • Multi-Family

Year Built

  • 1955

Lot Details

  • 5,793 Sq Ft Lot
  • Level Lot

Parking

  • 3 Car Detached Garage

Home Design

  • Duplex
  • Slab Foundation
  • Composition Roof

Interior Spaces

  • 1,316 Sq Ft Home
  • 1-Story Property

Flooring

  • Carpet
  • Vinyl

Utilities

  • Wall Furnace
  • Separate Meters
  • Individual Gas Meter

Listing and Financial Details

  • Total Actual Rent $45,000

Community Details

Overview

Building Details

  • 2 Leased Units
  • Insurance Expense $607
  • Trash Expense $571
  • Operating Expense $9,310
  • Gross Income $45,000

Property Details

Home Type

Multi-Family

Year Built

1955

Lot Details

0

Parking

3

Listing Details

  • Zoning: R2
  • Subclass: Duplex
  • Age: 62
  • Listing Class: Residential Income (2-4 Units)
  • Structure Sq Ft: 1316
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1955

Interior Features

  • Living Sq Ft: 1316
  • Stories: 1
  • Flooring: Carpet, Vinyl / Linoleum

Exterior Features

  • Foundation: Concrete Slab
  • Roof: Composition

Garage/Parking

  • Garage Spaces: 3
  • Parking Spaces: 3
  • Garage Parking Features: Detached Garage, Parking Area

Utilities

  • Heating System: Wall Furnace
  • Sewer/Septic System: Sewer - Public, Sewer Connected

Schools

  • School District: San Jose Unified

Lot Info

  • Lot Description: Grade - Level
  • Lot Acres: 0.1330
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 5805.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 5805.00

Rental Info

  • Existing Lease Term(s): 1 Year Lease, Lease Agreement - Written
  • Gross Rent Multiplier: 16.00
  • Number Of Leased: 2

Multi Family

  • Utilities: Individual Electric Meters, Individual Gas Meters
  • Expense Insurance: 607
  • Expenses Total: 9310
  • Expense Trash: 571
  • Income Annual Gross: 45000.00
  • Income Annual Rental: 45000
  • Income Gross Scheduled: 45000
  • Meters: Separate Electric, Separate Gas, Separate Water
  • Number Of Buildings: 1
  • Operating Expenses Include: Fee - Property Tax, Insurance
  • Tenant Expenses: Utilities - Electric, Utilities - Gas, Utilities - Hot 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
06/14/2017 06/14/17 Sold $730,000 +1.4% $555 / Sq Ft
05/17/2017 05/17/17 Pending -- -- --
05/05/2017 05/05/17 For Sale $719,950 -- $547 / 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: ML81650274

MLSListings

APN: 434-11-091