NOT LISTED FOR SALE
8 Beds
4 Baths
3,545 Sq Ft
0.25 Acres

Last Sold October 31, 2012

Last sale price $840,000 $237 Per Sq Ft

5 Days on Market

About This Home

As of October 2012

NO NEED FOR A BANK LOAN-owner prefers to carry mortgage for 20yrs with a 20 to 25% down payment. Great 1-story 4-plex surrounded by single family homes. Two buildings, each looks like a separate duplex, but both buildings are on one lot. There are 4-separate water & PGE meters. All units have their own laundry room. Two units have a 2-car enclosed garage and two units have one car enclosed garage.

Last Agent to Sell the Property

Paulo Oliveira

Statewide Real Estate Services License #01023624 Listed on: 10/01/2012

Last Buyer's Agent

Dave Meyer

Silveira Realty Incorporated License #01334593

Property Details

Home Type

  • Multi-Family

Year Built

  • 1955

Lot Details

  • 0.25

Home Design

  • Quadruplex
  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 3,545 Sq Ft Home
  • 1-Story Property

Kitchen

  • Oven or Range
  • Microwave

Flooring

  • Wood
  • Carpet
  • Laminate
  • Tile

Parking

  • Covered Parking
  • Off-Street Parking

Eco-Friendly Details

  • Energy-Efficient Insulation

Utilities

  • Cooling System Mounted To A Wall/Window
  • Wall Furnace
  • Sewer Within 50 Feet

Listing and Financial Details

  • Total Actual Rent $45,600
  • The owner pays for garbage

Community Details

Overview

  • 4 Units
  • 3,545 Sq Ft Building

Building Details

  • Insurance Expense $2,054
  • Other Expense $200
  • Trash Expense $1,490
  • Operating Expense $5,594
  • Gross Income $45,600

Property Details

Home Type

Multi-Family

Year Built

1955

Lot Details

0

Listing Details

  • Zoning: R2
  • Subclass: Fourplex
  • Age: 57
  • Inspections Reports: Flood Zone
  • Sale Price Per Sq Ft: 236.95
  • Listing Class: Residential Income (2-4 Units)
  • Max Numberof Unitsin Complex: 4
  • Min Numberof Unitsin Complex: 4
  • Structure Sq Ft: 3545
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1955

Interior Features

  • Kitchen: Varies By Unit, Microwave, Oven Range, Refrigerator
  • Living Sq Ft: 3545
  • Stories: 1
  • Laundry: 220 Volt Outlet, Laundry Area - In All Units, Laundry Area - In Unit
  • Flooring: Carpet - Area, Tile, Laminate, Hardwood, Carpet, Varies By Unit

Exterior Features

  • Foundation: Concrete Perimeter
  • Roof: Composition
  • View: Local/Neighborhood

Garage/Parking

  • Garage Parking Features: Common Parking Area, Spaces Per Unit - 1, Off-Street Parking

Utilities

  • Cooling System: Window / Wall Unit
  • Heating System: Wall Furnace
  • Sewer/Septic System: Sewer In Street, Sewer Connected

Schools

  • School District: San Jose Unified

Lot Info

  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 10720.00
  • Lot Size Area Maximum Units: Square Feet
  • Lot Size Area Max Search: 10720.00
  • Lot Size Area Min Search: 10720.00
  • Maximum Lot Size: 10720.00

Green Features

  • Energy Features: Insulation - Unknown

Rental Info

  • Existing Lease Term(s): Month To Month
  • Gross Rent Multiplier: 18.64

Multi Family

  • Expense Insurance: 2054
  • Expenses Other: 200
  • Expenses Total: 5594
  • Expense Trash: 1490
  • Income Annual Gross: 45600.00
  • Income Annual Rental: 45600
  • Income Gross Scheduled: 45600
  • Income Includes: Lease
  • Maximum Building Height: 1
  • Meters: Separate Electric, Separate Gas, Separate Water
  • Minimum Building Height: 1
  • Number Of Buildings: 2
  • Operating Expenses Include: Services - Trash Removal
  • Owner Pays: Garbage
  • Tenant Expenses: Utilities - Gas, Utilities - Water, 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
10/31/2012 10/31/12 Sold $840,000 -1.2% $237 / Sq Ft
10/06/2012 10/06/12 Pending -- -- --
10/01/2012 10/01/12 For Sale $850,000 -- $240 / 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: ML81236081

MLSListings