NOT LISTED FOR SALE

1326 Danube Way San Jose, CA 95116

Brookwood Terrace Neighborhood
8 Beds
12 Baths
4,591 Sq Ft
9,257 Sq Ft Lot

Last Sold August 02, 2019

Last sale price $2,162,345 $471 Per Sq Ft

52 Days on Market

Highlights

  • Tile Countertops
  • Tile Flooring
  • 4-minute walk to Bonita Park

About This Home

As of August 2019

This 8-Plex makes over $12k a month! Excellent investment opportunity. If you want to own a 8-plex that is in great shape and generates great income, this is the one. All units are 1 Bed/1 Bath. 1326 DANUBE Way is located in the heart of Silicon Valley. The subject property has a great location just blocks from San Jose State University with close proximity to Highway 101 and 680/280. This location allows for an easy commute to the proposed Google Village opening in downtown San Jose. Full coin-op laundry space and hook ups already in place. There is significant potential for a seasoned investor to add-value by possibly adding R.U.B.S. and modernizing the property. Most of the Rents are at market! This is an 8-Plex units were combined to be able to market in Multifamily category. Rental income and expenses remain the same.

Last Agent to Sell the Property

Jose Pulido

Realty One Group Infinity License #01923155 Listed on: 04/30/2019

Realty One Group Infinity

Last Buyer's Agent

David Fiori

Coldwell Banker Realty License #02044164

Coldwell Banker Realty

Property Details

Home Type

  • Multi-Family

Year Built

  • 1961

Lot Details

  • 9,257 Sq Ft Lot

Home Design

  • Quadruplex
  • Composition Roof

Interior Spaces

  • 4,591 Sq Ft Home
  • 2-Story Property
  • Crawl Space

Kitchen

  • Gas Oven
  • Tile Countertops

Flooring

  • Carpet
  • Tile
  • Vinyl

Parking

  • 8 Parking Spaces
  • Assigned Parking

Utilities

  • Wall Furnace
  • Separate Meters
  • Individual Gas Meter

Listing and Financial Details

  • Total Actual Rent $149,858

Community Details

Overview

Building Details

  • 8 Leased Units
  • Insurance Expense $800
  • Maintenance Expense $800
  • Utility Expense $200
  • Trash Expense $100
  • Operating Expense $24,649
  • Gross Income $146,138

Property Details

Home Type

Multi-Family

Year Built

1961

Lot Details

0

Listing Details

  • Zoning: RM
  • Subclass: Fourplex
  • Age: 58
  • Listing Class: Residential Income (2-4 Units)
  • Structure Sq Ft: 4591
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1961

Interior Features

  • Kitchen: Appliances - Vary By Unit, Countertop - Tile, Oven - Gas, Refrigerator
  • Living Sq Ft: 4591
  • Stories: 2
  • Flooring: Carpet, Tile, Vinyl / Linoleum

Exterior Features

  • Foundation: Crawl Space
  • Roof: Composition

Garage/Parking

  • Parking Spaces: 8
  • Garage Parking Features: Assigned Spaces

Utilities

  • Heating System: Wall Furnace
  • Sewer/Septic System: Sewer - Public

Schools

  • School District: East Side Union High

Lot Info

  • Lot Acres: 0.2125
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 9258.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 9258.00

Rental Info

  • Existing Lease Term(s): Month To Month
  • Gross Rent Multiplier: 15.86
  • Number Of Leased: 8

Multi Family

  • Utilities: Individual Electric Meters, Individual Gas Meters, Public Utilities
  • Expense Insurance: 800
  • Expense Maintenance: 800
  • Expenses Total: 24649
  • Expenses Utility: 200
  • Expense Trash: 100
  • Income Annual Gross: 146138.00
  • Income Annual Rental: 149858
  • Income Gross Scheduled: 150658
  • Income Includes: Laundry, Rents
  • Income Other: 800
  • Meters: Master Electric, Master Gas
  • Number Of Buildings: 1
  • Operating Expenses Include: Insurance, Loan - Mortgage, Utilities - Electric, Utilities - Water, Vacancy Factor
  • Tenant Expenses: Rent Only, Utilities - Electric, Utilities - Gas, Utilities - Heating, Utilities - Hot Water
  • Vacancy Factor: 3

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
08/02/2019 08/02/19 Sold $2,162,345 +14.5% $471 / Sq Ft
06/22/2019 06/22/19 Pending -- -- --
05/28/2019 05/28/19 Price Changed $1,888,888 -20.9% $411 / Sq Ft
05/24/2019 05/24/19 Price Changed $2,388,880 0.0% $520 / Sq Ft
04/30/2019 04/30/19 For Sale $2,388,888 -- $520 / Sq Ft
Source: MLSListings

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Jose Pulido

    Seller's Agent in 2019

    Jose Pulido

    Realty One Group Infinity

    (408) 674-8997

    8 Total Sales

    Section Image

  • D

    Buyer's Agent in 2019

    David Fiori

    Coldwell Banker Realty

    Section Image
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Map

Source: MLSListings

MLS Number: ML81749481

MLSListings

California Santa Clara County San Jose 95116 Brookwood Terrace

1326 Danube Way, San Jose, CA

This home is located at 1326 Danube Way, San Jose, CA 95116 since 30 April 2019. This property was built in 1961. 1326 Danube Way is a home located in Santa Clara County with nearby schools including McKinley Elementary School, Sylvandale Middle School, and Yerba Buena High School.

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