NOT LISTED FOR SALE
4 Beds
4 Baths
2,224 Sq Ft
7,405 Sq Ft Lot

Last Sold August 12, 2024

Last sale price $1,075,000 $483 Per Sq Ft

3 Days on Market

Highlights

  • Post and Beam
  • 1-Story Property
  • 4-minute walk to Roosevelt Park

About This Home

As of August 2024

Diamond in the Rough! Very rare opportunity to renovate this hard to find 4-plex (2 separate duplex style) 2,224 square foot multi-family home on a 7,405 square foot lot. All units are 1 bedroom and 1 bath, 550 sf. Each unit has 1-car garage and driveway for parking. Spacious common area, and backyard. Potential good rent, nice downtown neighborhood, close to Downtown and San Jose State University.

Last Agent to Sell the Property

Deric Do

D5Realty License #01148711 Listed on: 07/16/2024

D5Realty

Last Buyer's Agent

RECIP

Out of Area Office License #00000000

Property Details

Home Type

  • Multi-Family

Year Built

  • 1955

Lot Details

  • 7,405

Parking

  • 4 Car Garage

Home Design

  • Quadruplex
  • Post and Beam
  • Traditional Architecture
  • Shingle Roof

Interior Spaces

  • 2,224 Sq Ft Home
  • 1-Story Property

Additional Features

  • 7,405 Sq Ft Lot
  • Wall Furnace

Listing and Financial Details

  • Total Actual Rent $91,200

Community Details

Overview

  • 2,224 Sq Ft Building

Building Details

  • Gardener Expense $1,500
  • Insurance Expense $2,000
  • Maintenance Expense $1,200
  • Operating Expense $15,950
  • Gross Income $89,376

Property Details

Home Type

Multi-Family

Year Built

1955

Lot Details

0

Parking

4

Listing Details

  • Zoning: R2
  • Subclass: Fourplex
  • Style: Traditional
  • Age: 69
  • Listing Class: Residential Income (2-4 Units)
  • Structure Sq Ft: 2224
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1955

Interior Features

  • Living Sq Ft: 2224
  • Stories: 1

Exterior Features

  • Foundation: Post And Beam
  • Roof: Shingle

Garage/Parking

  • Garage Spaces: 4
  • Parking Spaces: 4
  • Garage Parking Features: Attached Garage

Utilities

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

Schools

  • School District: San Jose Unified
  • Elementary School: Selma Olinder Elementary
  • Middle School: Muwekma Ohlone Middle School
  • High School: San Jose High Academy
  • High School: 349
  • Elementary School: 386
  • Middle School: 38063

Lot Info

  • Lot Acres: 0.1700
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 7405.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 7405.00

Rental Info

  • Gross Rent Multiplier: 9.86

Multi Family

  • Utilities: Public Utilities
  • Expense Insurance: 2000
  • Expense Landscape: 1500
  • Expense Maintenance: 1200
  • Expenses Total: 15950
  • Income Annual Gross: 89376.00
  • Income Annual Rental: 91200
  • Income Gross Scheduled: 91200
  • Meters: Separate Electric, Separate Gas, Separate Water
  • Number Of Buildings: 2
  • Vacancy Factor: 2

Range of Values:

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Average Value
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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
08/12/2024 08/12/24 Sold $1,075,000 +19.6% $483 / Sq Ft
07/20/2024 07/20/24 Pending -- -- --
07/16/2024 07/16/24 For Sale $899,000 -- $404 / 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: ML81973435

MLSListings

APN: 467-38-040