NOT LISTED FOR SALE
5 Beds
2 Baths
2,074 Sq Ft
6,708 Sq Ft Lot

Last Sold October 27, 2016

Last sale price $1,100,000 $530 Per Sq Ft

8 Days on Market

Highlights

  • Double Pane Windows
  • Tile Countertops
  • Ceiling Fan
  • Moreland Middle School Rated A-
  • Forced Air Heating System
  • Fenced

About This Home

As of October 2016

This very well maintained duplex in West San Jose provides many fantastic opportunities for you. Stop paying rent and let someone else help you pay the mortgage or, turn both homes into a family compound! 1249 is a 3 bedroom/1 bath home and 1247 is a 2 bedroom/1 bath home. Each home has an attached 1 car garage with w/d hookups and private backyard. Centrally located for quick commute/freeway access to Apple, Google, De Anza and West Valley Colleges, Santana Row, Westfield Valley Fair, Westgate Center and so much more! Kids will attend Moreland schools. Long term tenants paying well below market value. This is an excellent time for you to invest in this wonderful property!

Last Agent to Sell the Property

Marti Meyer

Bailey Properties License #01946083 Listed on: 10/03/2016

Bailey Properties

Last Buyer's Agent

An Sik Shin

Kor-am Property & Investment License #00766288

Property Details

Home Type

  • Multi-Family

Year Built

  • 1960

Lot Details

  • 6,708 Sq Ft Lot
  • Fenced
  • Level Lot
  • Sprinkler System
  • Back Yard

Parking

  • 2 Car Garage

Home Design

  • Duplex
  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 2,074 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Double Pane Windows
  • Fire and Smoke Detector
  • Washer and Dryer Hookup

Kitchen

  • Electric Oven
  • Electric Cooktop
  • Tile Countertops
  • Disposal

Flooring

  • Carpet
  • Vinyl

Utilities

  • Forced Air Heating System
  • Vented Exhaust Fan

Listing and Financial Details

  • Total Actual Rent $33,600

Community Details

Overview

Building Details

  • 2 Leased Units
  • Insurance Expense $1,100
  • Other Expense $600
  • Utility Expense $1,500
  • Operating Expense $11,461
  • Gross Income $33,600

Property Details

Home Type

Multi-Family

Year Built

1960

Lot Details

0

Parking

2

Listing Details

  • Zoning: R2
  • Subclass: Duplex
  • Age: 56
  • Listing Class: Residential Income (2-4 Units)
  • Structure Sq Ft: 2074
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1960

Interior Features

  • Kitchen: Cooktop - Electric, Countertop - Tile, Exhaust Fan, Garbage Disposal, Oven Range - Electric
  • Living Sq Ft: 2074
  • Stories: 1
  • Security: Fire Alarm
  • Laundry: Hookups Only
  • Flooring: Carpet, Vinyl / Linoleum

Exterior Features

  • Foundation: Concrete Perimeter
  • Roof: Composition
  • Yard/Grounds: Back Yard, Fenced, Sprinklers - Lawn

Garage/Parking

  • Garage Spaces: 2
  • Garage Parking Features: Attached Garage

Utilities

  • Cooling System: Ceiling Fan
  • Heating System: Forced Air
  • Sewer/Septic System: Sewer - Public

Schools

  • School District: Campbell Union High

Lot Info

  • Lot Description: Grade - Level
  • Lot Acres: 0.1540
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 6708.24
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 6708.24

Green Features

  • Energy Features: Double Pane Windows

Rental Info

  • Existing Lease Term(s): Month To Month
  • Gross Rent Multiplier: 32.71
  • Number Of Leased: 2

Multi Family

  • Utilities: Public Utilities
  • Expense Insurance: 1100
  • Expenses Other: 600
  • Expenses Total: 11461
  • Expenses Utility: 1500
  • Income Annual Gross: 33600.00
  • Income Annual Rental: 33600
  • Income Gross Scheduled: 33600
  • Income Includes: Rents
  • Meters: Master Water, Separate Electric, Separate Gas
  • Number Of Buildings: 1
  • Operating Expenses Include: Fee - Property Tax, Insurance, Maintenance - Exterminator, Services - Trash Removal, Utilities - Water
  • Tenant Expenses: Utilities - Electric, Utilities - Gas, Utilities - Heating

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
10/27/2016 10/27/16 Sold $1,100,000 +0.1% $530 / Sq Ft
10/11/2016 10/11/16 Pending -- -- --
10/03/2016 10/03/16 For Sale $1,099,000 -- $530 / 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: ML81614963

MLSListings

APN: 299-11-052