NOT LISTED FOR SALE
8 Beds
7 Baths
4,564 Sq Ft
0.26 Acres

Last Sold July 23, 2020

Last sale price $2,775,000 $608 Per Sq Ft

13 Days on Market

Highlights

  • Granite Countertops
  • Forced Air Heating System
  • 4-minute walk to Stevenson Park
  • Theuerkauf Elementary School Rated A-

About This Home

As of July 2020

Great Investment Opportunity with Tri-Plex located just minutes away from Google Mountain View campus. Units: one 3 bedroom 2 bath unit approx 2,000 SqFt; one 3 bedroom 2.5 bath unit approx 1,300 SqFt; one 2 bedroom 2 bath unit approx 1,300 SqFt. All with Granite kitchen counters & stainless steel appliances, front unit has a 1-car garage and back units share a 2-car garage. Front unit has private patio. Rear units have private rear yards. Close to downtown Mountain View dining, close to parks, schools, shopping

Last Agent to Sell the Property

Brandon Schaeffer

Coldwell Banker Realty License #01045457 Listed on: 02/05/2020

Coldwell Banker Realty

Co-Listed By

Fumiko Shimada

Coldwell Banker Realty License #01107646

Last Buyer's Agent

May Cheung

Realty World Golden Hills License #00851756

Realty World Golden Hills

Property Details

Home Type

  • Multi-Family

Year Built

  • 1969

Lot Details

  • 0.26

Parking

  • 3 Car Garage
  • Garage Door Opener
  • On-Street Parking

Home Design

  • Triplex
  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 4,564 Sq Ft Home
  • 2-Story Property

Kitchen

  • Dishwasher
  • Granite Countertops

Additional Features

  • 0.26 Acre Lot
  • Forced Air Heating System

Listing and Financial Details

  • Total Actual Rent $119,019

Community Details

Overview

Building Details

  • 3 Leased Units
  • Gardener Expense $3,780
  • Manager Expense $6,780
  • Operating Expense $19,106
  • Gross Income $115,448

Property Details

Home Type

Multi-Family

Year Built

1969

Lot Details

0

Parking

3

Listing Details

  • Zoning: R3-3*
  • Subclass: Triplex
  • Age: 51
  • Listing Class: Residential Income (2-4 Units)
  • Structure Sq Ft: 4564
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1969

Interior Features

  • Kitchen: Appliances - Vary By Unit, Countertop - Granite, Dishwasher
  • Living Sq Ft: 4564
  • Stories: 2

Exterior Features

  • Foundation: Concrete Perimeter And Slab
  • Roof: Composition

Garage/Parking

  • Garage Spaces: 3
  • Garage Parking Features: Attached Garage, Gate / Door Opener, On Street

Utilities

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

Schools

  • School District: Mountain View-Los Altos Union High

Lot Info

  • Lot Acres: 0.2595
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 11305.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 11305.00

Rental Info

  • Existing Lease Term(s): Lease Agreement - Written
  • Gross Rent Multiplier: 21.80
  • Number Of Leased: 3

Multi Family

  • Utilities: Public Utilities
  • Expense Landscape: 3780
  • Expense Management: 6780
  • Expenses Total: 19106
  • Income Annual Gross: 115448.00
  • Income Annual Rental: 119019
  • Income Gross Scheduled: 119019
  • Income Includes: Rents
  • Meters: Separate Electric, Separate Gas
  • Number Of Buildings: 1
  • Operating Expenses Include: Fee - Property Management, Maintenance, Services - Gardener, Services - Trash Removal, Utilities - Water
  • Tenant Expenses: Utilities - Electric, Utilities - Gas, Utilities - Heating
  • Vacancy Factor: 3

Range of Values:

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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 Change Sq Ft Price
07/23/2020 07/23/20 Sold $2,775,000 +6.9% $608 / Sq Ft
02/19/2020 02/19/20 Pending -- -- --
02/05/2020 02/05/20 For Sale $2,595,000 -- $569 / 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: ML81781523

MLSListings

APN: 150-27-022