NOT LISTED FOR SALE

1240 Juniper Dr Gilroy, CA 95020

8 Beds
5 Baths
3,605 Sq Ft
8,137 Sq Ft Lot

Last Sold October 23, 2023

Last sale price $1,630,000 $452 Per Sq Ft

148 Days on Market

Highlights

  • Tile Countertops
  • Tile Flooring
  • Coin Laundry

About This Home

As of October 2023

Great owner-occupant House-hacking opportunity to purchase by living in one unit of this fourplex and renting out the other three units. Improvements include new roof and exterior paint in 2019. In 2022, most units were renovated with fresh paint and floor covering. Two of the units had both kitchen and bath remodels which included Quartz slab counters and stainless steel appliances in the kitchen and Quartz slab shower installation in the bathroom. There is a ground-floor unit in the front and back, an upstairs unit, and a 2-story unit. Complex has separate laundry facility. Tenants pay for pg&e, garbage, tv/phone/internet. Owner pays for water, sewer, and water heater, which serves all units. Owenr has a house account with PG&E for common areas. The items paid for under "other" in expenses reflect monthly pest control service and business license.

Last Agent to Sell the Property

Augie Bertao

Bertao Real Estate Group License #01062647 Listed on: 04/27/2023

Last Buyer's Agent

Zaid Hanna

Real Estate 38 License #01421581

Real Estate 38

Property Details

Home Type

  • Multi-Family

Year Built

  • 1965

Lot Details

  • 8,137 Sq Ft Lot

Home Design

  • Quadruplex
  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 3,605 Sq Ft Home
  • 2-Story Property

Kitchen

  • Electric Oven
  • Dishwasher
  • Tile Countertops

Flooring

  • Carpet
  • Laminate
  • Tile
  • Vinyl

Parking

  • 4 Carport Spaces
  • On-Street Parking

Utilities

  • Cooling System Mounted To A Wall/Window
  • Wall Furnace

Listing and Financial Details

  • Total Actual Rent $111,240

Community Details

Overview

Amenities

  • Coin Laundry

Building Details

  • 4 Leased Units
  • Gardener Expense $1,200
  • Insurance Expense $1,420
  • Maintenance Expense $3,256
  • Other Expense $1,091
  • Utility Expense $6,000
  • Operating Expense $14,784
  • Gross Income $112,440

Property Details

Home Type

Multi-Family

Year Built

1965

Lot Details

0

Listing Details

  • Zoning: R3
  • Subclass: Fourplex
  • Listing Class: Residential Income (2-4 Units)
  • Structure Sq Ft: 3605
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1965

Interior Features

  • Kitchen: Countertop - Other, Countertop - Tile, Dishwasher, Oven Range - Electric, Refrigerator
  • Living Sq Ft: 3605
  • Stories: 2
  • Laundry: Coin Operated
  • Flooring: Carpet, Laminate, Tile, Vinyl / Linoleum

Exterior Features

  • Foundation: Concrete Perimeter
  • Roof: Composition

Garage/Parking

  • Garage Parking Features: Carport, Covered Parking, On Street
  • Carport Min: 4

Utilities

  • Cooling System: Window / Wall Unit
  • Heating System: Wall Furnace
  • Sewer/Septic System: Sewer - Public

Lot Info

  • Lot Acres: 0.1868
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 8135.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 8135.00

Rental Info

  • Existing Lease Term(s): Month To Month
  • Gross Rent Multiplier: 14.50
  • Number Of Leased: 4

Multi Family

  • Utilities: Public Utilities
  • Expense Insurance: 1420
  • Expense Landscape: 1200
  • Expense Maintenance: 3256
  • Expenses Other: 1091
  • Expenses Total: 14784
  • Expenses Utility: 6000
  • Income Annual Gross: 112440.00
  • Income Annual Rental: 111240
  • Income Gross Scheduled: 112440
  • Income Includes: Coin Operated Equip
  • Income Other: 1200
  • Meters: Separate Electric, Separate Gas, Separate Water
  • Number Of Buildings: 1
  • Operating Expenses Include: Fee - Property Tax, Insurance, Maintenance, Maintenance - Laundry, Maintenance - Repair, Services - Gardener, Services - Sewer, Utilities, Utilities - Water
  • Tenant Expenses: Services - Trash Removal, Utilities - Electric, Utilities - Gas

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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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 List to Sale Price per Sq Ft
10/23/2023 10/23/23 Sold $1,630,000 0.0% $452 / Sq Ft
10/03/2023 10/03/23 Price Changed $1,630,000 -1.2% $452 / Sq Ft
09/23/2023 09/23/23 Pending -- -- --
09/21/2023 09/21/23 Price Changed $1,650,000 -24.8% $458 / Sq Ft
04/27/2023 04/27/23 For Sale $2,195,000 -- $609 / Sq Ft
Source: MLSListings

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $20,132 $1,662,600 $612,000 $1,050,600
2024 $20,132 $1,630,000 $600,000 $1,030,000
2023 $1,558 $110,524 $22,617 $87,907
2022 $1,817 $108,358 $22,174 $86,184
2021 $1,627 $106,235 $21,740 $84,495
2020 $1,506 $105,147 $21,518 $83,629
2019 $1,494 $103,087 $21,097 $81,990
2018 $1,403 $101,067 $20,684 $80,383
2017 $1,428 $99,086 $20,279 $78,807
2016 $1,390 $97,144 $19,882 $77,262
2015 $1,318 $95,686 $19,584 $76,102
2014 $1,309 $93,813 $19,201 $74,612
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81941381

MLSListings

APN: 808-02-022