NOT LISTED FOR SALE
5 Beds
4 Baths
3,010 Sq Ft
6,578 Sq Ft Lot

Last Sold November 04, 2015

Last sale price $825,000 $274 Per Sq Ft

21 Days on Market

Highlights

  • Wood Flooring
  • 1 Car Detached Garage
  • Forced Air Heating and Cooling System
  • Granite Countertops
  • Laundry Room
  • Washer and Dryer

About This Home

As of November 2015

Great 4-Plex in downtown San Jose. One 2 br unit and 3 one br units. Units are in great shape w/hardwood floors (one has carpet over hardwood), gas/electric stoves, refrigerators. 2 bedroom unit recently remodeled w/granite counters in kitch. Unit #3 has small room/office off kitch. All units are on month to month agreements. Rents are below market. 3 carports, one garage. Common laundry room. This is a very nice 4-plex! Easy to rent! Please do not go on the property unaccompanied. Drive by's ok.

Last Agent to Sell the Property

Cook & Dunn

Coldwell Banker Realty License #70010059 Listed on: 09/24/2015

Last Buyer's Agent

Loren Cook

Coldwell Banker Realty License #01195219

Coldwell Banker Realty

Property Details

Home Type

  • Multi-Family

Year Built

  • 1951

Lot Details

  • 6,578 Sq Ft Lot

Parking

  • 1 Car Detached Garage
  • 3 Carport Spaces
  • On-Street Parking

Home Design

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

Interior Spaces

  • 3,010 Sq Ft Home
  • 2-Story Property
  • Crawl Space

Kitchen

  • Gas Oven
  • Granite Countertops
  • Formica Countertops

Flooring

  • Wood
  • Carpet
  • Tile
  • Vinyl

Laundry

  • Laundry Room
  • Washer and Dryer

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Separate Meters
  • Individual Gas Meter

Listing and Financial Details

  • Total Actual Rent $52,280

Community Details

Overview

Building Details

  • 3 Leased Units
  • Gardener Expense $720
  • Insurance Expense $1,960
  • Maintenance Expense $200
  • Other Expense $20,000
  • Utility Expense $4,150
  • Trash Expense $1,400
  • Operating Expense $32,330
  • Gross Income $68,206

Property Details

Home Type

Multi-Family

Year Built

1951

Lot Details

0

Parking

1

Listing Details

  • Zoning: R3
  • Subclass: Fourplex
  • Age: 64
  • Listing Class: Residential Income (2-4 Units)
  • Structure Sq Ft: 3010
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1951

Interior Features

  • Kitchen: Countertop - Formica, Countertop - Granite, Oven Range - Electric, Oven Range - Gas, Refrigerator
  • Living Sq Ft: 3010
  • Stories: 2
  • Laundry: Washer / Dryer
  • Flooring: Carpet, Hardwood, Tile, Vinyl / Linoleum
  • Additional Rooms: Laundry Room, Storage

Exterior Features

  • Foundation: Concrete Perimeter, Crawl Space
  • Roof: Composition
  • Construction Type: Wood Frame

Garage/Parking

  • Garage Spaces: 1
  • Garage Parking Features: Carport, Detached Garage, On Street
  • Carport Min: 3

Utilities

  • Cooling System: Central Ac
  • Heating System: Forced Air, Gas
  • Sewer/Septic System: Sewer - Public, Sewer Connected

Schools

  • School District: San Jose Unified

Lot Info

  • Lot Acres: 0.1510
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 6560.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 6560.00

Rental Info

  • Existing Lease Term(s): Month To Month
  • Gross Rent Multiplier: 13.05
  • Number Of Leased: 3

Multi Family

  • Utilities: Individual Electric Meters, Individual Gas Meters, Public Utilities
  • Expense Insurance: 1960
  • Expense Landscape: 720
  • Expense Maintenance: 200
  • Expenses Other: 20000
  • Expenses Total: 32330
  • Expenses Utility: 4150
  • Expense Trash: 1400
  • Income Annual Gross: 68206.00
  • Income Annual Rental: 52280
  • Income Gross Scheduled: 68206
  • Income Other: 15926
  • Meters: Separate Electric, Separate Gas
  • Number Of Buildings: 1
  • Operating Expenses Include: Fee - Property Tax, Insurance, Loan - Mortgage, Maintenance - Capital Improvements, Maintenance - Exterminator, Maintenance - Laundry, Maintenance - Repair, Services - Trash Removal, Supplies, Travel/Entertainment, Utilities - Water
  • Tenant Expenses: Utilities - Electric, Utilities - Gas

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
11/04/2015 11/04/15 Sold $825,000 -7.3% $274 / Sq Ft
10/16/2015 10/16/15 Pending -- -- --
09/24/2015 09/24/15 For Sale $890,000 -- $296 / 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: ML81516135

MLSListings

APN: 264-33-012