NOT LISTED FOR SALE

1327 Calle Oriente Milpitas, CA 95035

6 Beds
-- Bath
2,944 Sq Ft
7,841 Sq Ft Lot

Last Sold December 02, 2014

Last sale price $995,000 $338 Per Sq Ft

9 Days on Market

Highlights

  • Balcony
  • Guest Parking
  • Vinyl Flooring
  • William Burnett Elementary School Rated A
  • Level Lot

About This Home

As of December 2014

Excellent investment opportunity in this well located Milpitas four unit apartment building. Great mix of 2-2/1 units and 2-1/2 units. Excellent location near cross streets of N. Park Victoria and Jacklin. Nearby shopping and great access to 680 and great Milpitas transit. Most units have laminate floors, wall heaters, vinyl flooring with some updates. Long-term tenants. Huge upside in rents.

Last Agent to Sell the Property

Susan Bowen

Provident Real Estate Services License #01316775 Listed on: 11/04/2014

Last Buyer's Agent

Sam Habib

CENTURY 21 Masters License #01253784

CENTURY 21 Masters

Property Details

Home Type

  • Multi-Family

Year Built

  • 1963

Lot Details

  • 7,841

Home Design

  • Quadruplex
  • Slab Foundation
  • Composition Roof

Interior Spaces

  • 2,944 Sq Ft Home
  • 2-Story Property

Flooring

  • Laminate
  • Vinyl

Parking

  • Carport
  • Guest Parking
  • Off-Street Parking

Utilities

  • Wall Furnace
  • Sewer Within 50 Feet

Additional Features

  • Energy-Efficient Insulation
  • Balcony
  • Level Lot

Listing and Financial Details

  • Total Actual Rent $58,200
  • The owner pays for garbage, services - gardener/landscaping, hot water, water

Community Details

Overview

  • 2,944 Sq Ft Building

Building Details

  • Gardener Expense $720
  • Insurance Expense $1,539
  • Other Expense $115
  • Utility Expense $1,100
  • Trash Expense $1,600
  • Operating Expense $10,287
  • Gross Income $56,454

Property Details

Home Type

Multi-Family

Year Built

1963

Lot Details

0

Listing Details

  • Zoning: R3S
  • Subclass: Fourplex
  • Age: 51
  • Inspections Reports: Fault Zone, Flood Zone
  • Sale Price Per Sq Ft: 337.98
  • Listing Class: Residential Income (2-4 Units)
  • Max Numberof Unitsin Complex: 4
  • Min Numberof Unitsin Complex: 4
  • Structure Sq Ft: 2944
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1963

Interior Features

  • Living Sq Ft: 2944
  • Stories: 2
  • Laundry: Laundry Area - In All Units
  • Flooring: Laminate, Vinyl / Linoleum

Exterior Features

  • Foundation: Concrete Slab
  • Roof: Composition
  • View: Local/Neighborhood
  • Yard/Grounds: Balcony / Patio

Garage/Parking

  • Garage Parking Features: Guest / Visitor Parking, Spaces Per Unit - 1, Off-Street Parking, Street, Carport

Utilities

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

Schools

  • School District: Milpitas Unified
  • Elementary School: William Burnett Elementary
  • High School: Milpitas High
  • High School: 293
  • Elementary School: 279

Lot Info

  • Lot Description: Grade - Level
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 8250.00
  • Lot Size Area Maximum Units: Square Feet
  • Lot Size Area Max Search: 8250.00
  • Lot Size Area Min Search: 8250.00
  • Maximum Lot Size: 8250.00

Green Features

  • Energy Features: Insulation - Per Owner

Rental Info

  • Existing Lease Term(s): Month To Month
  • Gross Rent Multiplier: 16.31

Multi Family

  • Expense Insurance: 1539
  • Expense Landscape: 720
  • Expenses Other: 115
  • Expenses Total: 10287
  • Expenses Utility: 1100
  • Expense Trash: 1600
  • Expense Water Sewer: 2700
  • Income Annual Gross: 56454.00
  • Income Annual Rental: 58200
  • Income Gross Scheduled: 58200
  • Income Includes: Lease
  • Maximum Building Height: 2
  • Meters: Separate Electric, Separate Gas
  • Minimum Building Height: 2
  • Number Of Buildings: 1
  • Operating Expenses Include: Services - Trash Removal, Services - Gardener, Utilities - Hot Water, Utilities - Water, Insurance, Services - Sewer, Vacancy Factor
  • Owner Pays: Garbage, Services - Gardener/Landscaping, Hot Water, Water
  • Tenant Expenses: Utilities - Gas, Cable Tv, Utilities - Electric
  • Vacancy Amount: 1746
  • 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
12/02/2014 12/02/14 Sold $995,000 +4.8% $338 / Sq Ft
11/13/2014 11/13/14 Pending -- -- --
11/04/2014 11/04/14 For Sale $949,000 -- $322 / Sq Ft
Source: MLSListings

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Susan Bowen

    Seller's Agent in 2014

    Susan Bowen

    Provident Real Estate Services

    (408) 995-5900

    8 Total Sales

    Section Image
  • Sam Habib

    Buyer's Agent in 2014

    Sam Habib

    CENTURY 21 Masters

    (408) 234-1500

    21 Total Sales

    Section Image
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Map

Source: MLSListings

MLS Number: ML81439337

MLSListings

APN: 029-05-010

California Santa Clara County Milpitas 95035

1327 Calle Oriente, Milpitas, CA

This home is located at 1327 Calle Oriente, Milpitas, CA 95035 since 04 November 2014. This property was built in 1963. 1327 Calle Oriente is a home located in Santa Clara County with nearby schools including William Burnett Elementary School, Thomas Russell Middle School, and Milpitas High School.

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