NOT LISTED FOR SALE

1321 Carnelian Dr San Jose, CA 95122

Santee Neighborhood
8 Beds
4 Baths
3,096 Sq Ft
6,316 Sq Ft Lot

Last Sold April 11, 2016

Last sale price $950,000 $307 Per Sq Ft

81 Days on Market

About This Home

As of April 2016

Great investment property in San Jose. Good cash flow! Properly managed and suitable for absent owners. All four units are 2bed/1bath with spacious living space. Two year old roof. Easy access to Freeways, shopping centers and schools. Do not disturb occupants.

Last Agent to Sell the Property

Andra Cheung

Andra Wai Cheung, Brkr License #01867813 Listed on: 01/07/2016

Last Buyer's Agent

Sun Liu

United Properties License #00860600

Property Details

Home Type

  • Multi-Family

Year Built

  • 1962

Lot Details

  • 6,316 Sq Ft Lot

Home Design

  • Quadruplex

Interior Spaces

  • 3,096 Sq Ft Home
  • 2-Story Property

Parking

  • 5 Parking Spaces
  • Off-Street Parking

Utilities

  • Wall Furnace
  • Sewer Within 50 Feet

Listing and Financial Details

  • Total Actual Rent $77,220

Community Details

Overview

Building Details

  • 4 Leased Units
  • Gardener Expense $800
  • Insurance Expense $1,300
  • Maintenance Expense $800
  • Other Expense $1,440
  • Utility Expense $8,400
  • Trash Expense $2,280
  • Operating Expense $26,540
  • Gross Income $77,220

Security

  • Security Service

Property Details

Home Type

Multi-Family

Year Built

1962

Lot Details

0

Listing Details

  • Zoning: RM
  • Subclass: Fourplex
  • Age: 54
  • Listing Class: Residential Income (2-4 Units)
  • Structure Sq Ft: 3096
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1962

Interior Features

  • Living Sq Ft: 3096
  • Stories: 2
  • Security: Security Service

Garage/Parking

  • Parking Spaces: 5
  • Garage Parking Features: Off-Street Parking, Parking Area

Utilities

  • Heating System: Wall Furnace
  • Sewer/Septic System: Sewer Connected, Sewer In Street

Schools

  • School District: East Side Union High

Lot Info

  • Lot Acres: 0.1450
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 6324.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 6324.00

Rental Info

  • Existing Lease Term(s): Month To Month
  • Gross Rent Multiplier: 12.50
  • Number Of Leased: 4

Multi Family

  • Utilities: Public Utilities
  • Expense Insurance: 1300
  • Expense Landscape: 800
  • Expense Maintenance: 800
  • Expenses Other: 1440
  • Expenses Total: 26540
  • Expenses Utility: 8400
  • Expense Trash: 2280
  • Income Annual Gross: 77220.00
  • Income Annual Rental: 77220
  • Income Gross Scheduled: 77220
  • Income Includes: Rents
  • Meters: Separate Electric, Separate Gas
  • Number Of Buildings: 1
  • Operating Expenses Include: Miscellaneous/Other, Services - Gardener, Services - Trash Removal, Utilities - Water
  • Tenant Expenses: Utilities - Electric, Utilities - Gas

Range of Values:

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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
04/11/2016 04/11/16 Sold $950,000 -0.9% $307 / Sq Ft
03/29/2016 03/29/16 Pending -- -- --
01/07/2016 01/07/16 For Sale $959,000 +23.4% $310 / Sq Ft
01/20/2015 01/20/15 Sold $777,000 +2.3% $251 / Sq Ft
12/15/2014 12/15/14 Pending -- -- --
11/23/2014 11/23/14 For Sale $759,900 -- $245 / Sq Ft
Source: MLSListings

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Andra Cheung

    Seller's Agent in 2016

    Andra Cheung

    Andra Wai Cheung, Brkr

    (925) 398-6808

    14 Total Sales

    Section Image

  • S

    Buyer's Agent in 2016

    Sun Liu

    United Properties

    (408) 252-6557

    5 Total Sales

    Section Image
  • John Lee

    Seller's Agent in 2015

    John Lee

    MRL Group, Inc.

    (510) 219-2880

    49 Total Sales

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  • M

    Buyer's Agent in 2015

    Marlene Young

    Green Capital Mortgage Corporation

    (408) 930-3168

    30 Total Sales

    Section Image
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Map

Source: MLSListings

MLS Number: ML81546275

MLSListings

APN: 477-28-057

California Santa Clara County San Jose 95122 Santee

1321 Carnelian Dr, San Jose, CA

This home is located at 1321 Carnelian Dr, San Jose, CA 95122 since 07 January 2016. This property was built in 1962. 1321 Carnelian Dr is a home located in Santa Clara County with nearby schools including Santee Elementary School, Sylvandale Middle School, and Yerba Buena High School.

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