$1,770,000
SOLD FEB 7, 2025

130 Elodie Way San Jose, CA 95116

Alum Rock Neighborhood
10 Beds
6 Baths
3,892 Sq Ft
0.28 Acres

Recently Sold

$455 Per Sq Ft

7% Below List Price

47 Days on Market

About This Home

As of February 2025

Unlock the potential of this exceptional property featuring a front triplex spanning 2,775 SF. The triplex offers two 1-bedroom/1-bath units and a generous 4-bedroom/2-bath ground-floor unit. Complementing this is a 3-bedroom/1-bath single-family home, complete with a finished attic, a large basement, and a converted detached garage featuring an additional bathroom and kitchen (permits unknown), all set on a sprawling 12,000 SF lot. This versatile property is an ideal choice for investors looking for rental income or owner-occupants ready to design their dream space. With abundant potential for customization or expansion, the opportunities are endless. Don't miss out on this incredible investmentschedule your viewing today!

Last Agent to Sell the Property

Jim and Denise Myrick

KW Bay Area Estates License #00893246 Listed on: 11/18/2024

KW Bay Area Estates

Last Buyer's Agent

Tam Nguyen

PHP Group, Inc License #02001904

Property Details

Home Type

  • Multi-Family

Year Built

  • 1972

Lot Details

  • 0.28 Acre Lot

Home Design

  • Quadruplex
  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 3,892 Sq Ft Home
  • 2-Story Property

Parking

  • 6 Parking Spaces
  • 6 Carport Spaces

Utilities

  • Forced Air Heating System
  • Sewer Within 50 Feet

Listing and Financial Details

  • Total Actual Rent $160,200

Community Details

Overview

  • 3,892 Sq Ft Building

Building Details

  • 4 Leased Units
  • Gardener Expense $4,752
  • Insurance Expense $3,600
  • Maintenance Expense $14,720
  • Manager Expense $20,400
  • Other Expense $1,200
  • Utility Expense $3,038
  • Trash Expense $300
  • Operating Expense $71,710
  • Gross Income $152,190

Property Details

Home Type

Multi-Family

Year Built

1972

Lot Details

0

Listing Details

  • Zoning: R3H
  • Subclass: Fourplex
  • Age: 52
  • Listing Class: Residential Income (2-4 Units)
  • Structure Sq Ft: 3892
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1972

Interior Features

  • Living Sq Ft: 3892
  • Stories: 2

Exterior Features

  • Foundation: Concrete Perimeter
  • Roof: Composition

Garage/Parking

  • Parking Spaces: 6
  • Garage Parking Features: Common Parking Area
  • Carport Min: 6

Utilities

  • Heating System: Forced Air
  • Sewer/Septic System: Sewer In Street

Schools

  • School District: East Side Union High

Lot Info

  • Lot Acres: 0.2755
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 12000.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 12000.00

Rental Info

  • Existing Lease Term(s): Month To Month
  • Gross Rent Multiplier: 11.24
  • Number Of Leased: 4

Multi Family

  • Utilities: Public Utilities
  • Expense Insurance: 3600
  • Expense Landscape: 4752
  • Expense Maintenance: 14720
  • Expense Management: 20400
  • Expenses Other: 1200
  • Expenses Total: 71710
  • Expenses Utility: 3038
  • Expense Trash: 300
  • Income Annual Gross: 152190.00
  • Income Annual Rental: 160200
  • Income Gross Scheduled: 160200
  • Income Includes: Rents
  • Meters: Master Electric, Master Gas, Master Water
  • Number Of Buildings: 3
  • Operating Expenses Include: Services - Gardener
  • Tenant Expenses: Utilities - Electric, Utilities - Water
  • Vacancy Factor: 5

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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
02/07/2025 02/07/25 Sold $1,770,000 -1.7% $455 / Sq Ft
01/04/2025 01/04/25 Pending -- -- --
12/28/2024 12/28/24 Price Changed $1,799,950 -5.3% $462 / Sq Ft
11/18/2024 11/18/24 For Sale $1,899,950 -- $488 / Sq Ft
Source: MLSListings

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Jim and Denise Myrick

    Seller's Agent in 2025

    Jim and Denise Myrick

    KW Bay Area Estates

    (408) 723-1515

    1 in this area

    99 Total Sales

    Jim and Denise Myrick
    Section Image
  • Tam Nguyen

    Buyer's Agent in 2025

    Tam Nguyen

    PHP Group, Inc

    (408) 780-5088

    2 in this area

    57 Total Sales

    Tam Nguyen
    Section Image
See All Agents

Map

Source: MLSListings

MLS Number: ML81986969

MLSListings

APN: 484-03-059

California Santa Clara County San Jose 95116 Alum Rock

130 Elodie Way, San Jose, CA

This home is located at 130 Elodie Way, San Jose, CA 95116 and is currently priced at $1,770,000, approximately $454 per square foot. This property was built in 1972. 130 Elodie Way is a home located in Santa Clara County with nearby schools including Russo / McEntee Academy, William Sheppard Middle School, and James Lick High School.

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