NOT LISTED FOR SALE

1320 Lick Ave San Jose, CA 95110

Tamien Neighborhood
9 Beds
5 Baths
3,568 Sq Ft
0.26 Acres

Last Sold December 01, 2015

Last sale price $1,164,000 $326 Per Sq Ft

97 Days on Market

Highlights

  • Solar Power System
  • City View
  • Balcony
  • Willow Glen High School Rated 9+
  • Contemporary Architecture
  • Forced Air Heating System

About This Home

As of December 2015

Unit 1 has 3 bedrm & 2 full bathrm w/ private patio, ideal for owner occupied investor!! all units are fully occupied w/ long term tenants & low rents!!.All units are due for rent increase!! all units have separate water heater tank!! all units have dishwasher, garbage disposal and forced air heating system!! each unit has its own attached carport!! Unit 2 & 3 have front porch & unit 4 has a large deck!! minutes access to 87/85/280/680/101 yet walking distance to downtown San Jose!! Centrally located!!!

Last Agent to Sell the Property

Julia C Durward

Alvarez and Alvarez Realty License #00827306 Listed on: 07/20/2015

Co-Listed By

Sonia Gonzalez

Alvarez and Alvarez Realty License #01457526

Last Buyer's Agent

Pamela Berg

Compass License #01912586

Compass

Property Details

Home Type

  • Multi-Family

Year Built

  • 1979

Lot Details

  • 0.26

Parking

  • 4 Car Garage
  • 4 Carport Spaces
  • On-Street Parking

Home Design

  • Quadruplex
  • Contemporary Architecture
  • Slab Foundation
  • Composition Roof

Interior Spaces

  • 3,568 Sq Ft Home
  • 2-Story Property
  • City Views
  • Fire and Smoke Detector

Kitchen

  • Electric Oven
  • Electric Cooktop
  • Range Hood
  • Dishwasher
  • Laminate Countertops
  • Formica Countertops
  • Disposal

Flooring

  • Carpet
  • Vinyl

Additional Features

  • Solar Power System
  • Balcony
  • Forced Air Heating System

Listing and Financial Details

  • Total Actual Rent $69,840
  • Month-to-Month Lease Term
  • Renewal Option

Community Details

Overview

Building Details

  • 4 Leased Units
  • Gardener Expense $838
  • Insurance Expense $1,769
  • Maintenance Expense $839
  • Manager Expense $2,100
  • Utility Expense $2,924
  • Trash Expense $1,850
  • Operating Expense $17,519
  • Gross Income $64,951

Property Details

Home Type

Multi-Family

Year Built

1979

Lot Details

0

Parking

4

Listing Details

  • Zoning: R-3
  • Subclass: Fourplex
  • Style: Contemporary
  • Age: 36
  • Listing Class: Residential Income (2-4 Units)
  • Structure Sq Ft: 3568
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1979

Interior Features

  • Kitchen: Appliances - Vary By Unit, Cooktop - Electric, Countertop - Formica, Countertop - Laminate, Dishwasher, Garbage Disposal, Hood Over Range, Oven - Electric, Pantry Cabinet, Refrigerator
  • Living Sq Ft: 3568
  • Stories: 2
  • Security: Fire Alarm
  • Flooring: Carpet, Vinyl / Linoleum

Exterior Features

  • Foundation: Concrete Slab
  • Roof: Composition
  • View: City
  • Yard/Grounds: Balcony / Patio
  • Construction Type: Wood

Garage/Parking

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

Utilities

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

Schools

  • School District: East Side Union High

Lot Info

  • Lot Description: Unknown
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 11326.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 11326.00

Rental Info

  • Existing Lease Term(s): 1 Year Lease, Month To Month, Renewal Option, Security Deposit
  • Gross Rent Multiplier: 17.60
  • Number Of Leased: 4

Multi Family

  • Utilities: Public Utilities, Solar
  • Expense Insurance: 1769
  • Expense Landscape: 838
  • Expense Maintenance: 839
  • Expense Management: 2100
  • Expenses Total: 17519
  • Expenses Utility: 2924
  • Expense Trash: 1850
  • Income Annual Gross: 64951.00
  • Income Annual Rental: 69840
  • Income Gross Scheduled: 69840
  • Meters: Separate Electric, Separate Gas
  • Number Of Buildings: 1
  • Operating Expenses Include: Depreciation, Fee - License/Advertising, Fee - Other Taxes, Fee - Property Management, Fee - Property Tax
  • Tenant Expenses: Utilities - Electric, Utilities - Gas, Utilities - Heating
  • Vacancy Factor: 7

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
12/01/2015 12/01/15 Sold $1,164,000 -5.3% $326 / Sq Ft
10/25/2015 10/25/15 Pending -- -- --
07/20/2015 07/20/15 For Sale $1,229,000 -- $344 / Sq Ft
Source: MLSListings

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2015

    Julia C Durward

    Alvarez and Alvarez Realty

    Section Image
  • Sonia Gonzalez

    Seller Co-Listing Agent in 2015

    Sonia Gonzalez

    Alvarez and Alvarez Realty

    (408) 206-3302

    37 Total Sales

    Sonia Gonzalez
    Section Image

  • P

    Buyer's Agent in 2015

    Pamela Berg

    Compass

    Section Image
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Map

Source: MLSListings

MLS Number: ML81486000

MLSListings

APN: 434-12-088

California Santa Clara County San Jose 95110 Tamien

1320 Lick Ave, San Jose, CA

This home is located at 1320 Lick Ave, San Jose, CA 95110 since 20 July 2015. This property was built in 1979. 1320 Lick Ave is a home located in Santa Clara County with nearby schools including Ernesto Galarza Elementary School, Willow Glen Middle, and Willow Glen High School.

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