NOT LISTED FOR SALE

1352 Teakwood Dr San Jose, CA 95128

Castlemont Neighborhood
5 Beds
4 Baths
2,242 Sq Ft
8,385 Sq Ft Lot

Last Sold May 31, 2018

Last sale price $1,525,000 $680 Per Sq Ft

6 Days on Market

Highlights

  • 2 Car Detached Garage
  • Forced Air Heating and Cooling System
  • 1-Story Property
  • Del Mar High School Rated A-

About This Home

As of May 2018

Rare opportunity to own a Westside Duplex with an outstanding unit mix of (1) 3bd/2bth & (1) 2bd/2bth - Exempt from SJ Rent Control. Large remodeled units with premium appliances and finishes.The seller took pride in the recent renovation of both units, and it shows. Each unit has an open floor-plan and both are well-appointed with dishwashers, forced air heating, central air conditioning, laundry hook-ups, a private patio,and a private one car garage. Separate Water Meters & Separate PG&E meters bill to each unit-eliminating all Landlord utility expenses. Located only one mile away from Downtown Campbell - a vibrant shopping and entertainment district featuring many local shops, services and highly rated restaurants. Close proximity to major Silicon Valley Employers with quick access to Highways 280 & 17. Great potential as turnkey investment with existing tenants or Move in and enjoy an updated home in a desirable neighborhood with a short commute to work.

Last Agent to Sell the Property

Patrick Conkin

Intero Real Estate Services License #00922897 Listed on: 05/16/2018

Intero Real Estate Services

Last Buyer's Agent

David Allen Rivas

David Allen Rivas, Broker License #01841683

Property Details

Home Type

  • Multi-Family

Year Built

  • 1965

Lot Details

  • 8,385 Sq Ft Lot

Parking

  • 2 Car Detached Garage

Home Design

  • Duplex
  • Composition Roof

Interior Spaces

  • 2,242 Sq Ft Home
  • 1-Story Property
  • Crawl Space

Utilities

  • Forced Air Heating and Cooling System
  • Separate Meters
  • Individual Gas Meter

Listing and Financial Details

  • Total Actual Rent $76,800

Community Details

Overview

Building Details

  • 2 Leased Units
  • Insurance Expense $1,350
  • Maintenance Expense $1,000
  • Operating Expense $20,950
  • Gross Income $76,800

Property Details

Home Type

Multi-Family

Year Built

1965

Lot Details

0

Parking

2

Listing Details

  • Zoning: RM
  • Subclass: Duplex
  • Style: Ranch
  • Age: 53
  • Listing Class: Residential Income (2-4 Units)
  • Structure Sq Ft: 2242
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1965

Interior Features

  • Living Sq Ft: 2242
  • Stories: 1

Exterior Features

  • Foundation: Crawl Space
  • Roof: Composition

Garage/Parking

  • Garage Spaces: 2
  • Parking Spaces: 2
  • Garage Parking Features: Attached Garage, Detached Garage

Utilities

  • Cooling System: Central Ac, Central Forced Air - Gas
  • Heating System: Central Forced Air - Gas
  • Sewer/Septic System: Sewer - Public

Schools

  • School District: Campbell Union High

Lot Info

  • Lot Acres: 0.1925
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 8385.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 8385.00

Rental Info

  • Existing Lease Term(s): Less Than 1 Yr
  • Gross Rent Multiplier: 19.38
  • Number Of Leased: 2

Multi Family

  • Utilities: Individual Electric Meters, Individual Gas Meters, Public Utilities
  • Expense Insurance: 1350
  • Expense Maintenance: 1000
  • Expenses Total: 20950
  • Income Annual Gross: 76800.00
  • Income Annual Rental: 76800
  • Income Gross Scheduled: 76800
  • Income Includes: Rents
  • Meters: Separate Electric, Separate Gas, Separate Water
  • Number Of Buildings: 1
  • Operating Expenses Include: Fee - Property Tax, Insurance
  • Tenant Expenses: Services - Trash Removal, Utilities - Electric, Utilities - Gas, Utilities - Heating, Utilities - Hot Water, Utilities - Water

Range of Values:

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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
05/31/2018 05/31/18 Sold $1,525,000 +2.5% $680 / Sq Ft
05/23/2018 05/23/18 Pending -- -- --
05/16/2018 05/16/18 For Sale $1,488,000 +73.0% $664 / Sq Ft
12/20/2013 12/20/13 Sold $860,000 -4.3% $384 / Sq Ft
12/04/2013 12/04/13 Pending -- -- --
10/24/2013 10/24/13 For Sale $899,000 -- $401 / Sq Ft
Source: MLSListings

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Patrick Conkin

    Seller's Agent in 2018

    Patrick Conkin

    Intero Real Estate Services

    (408) 863-3197

    1 in this area

    13 Total Sales

    Patrick Conkin
    Section Image
  • David Allen Rivas

    Buyer's Agent in 2018

    David Allen Rivas

    David Allen Rivas, Broker

    (408) 431-7202

    27 Total Sales

    David Allen Rivas
    Section Image
  • Brian Kiernan

    Seller's Agent in 2013

    Brian Kiernan

    Coldwell Banker Realty

    (408) 506-4017

    72 Total Sales

    Brian Kiernan
    Section Image

  • M

    Buyer's Agent in 2013

    Marlaine J. Griffin

    Compass

See All Agents

Map

Source: MLSListings

MLS Number: ML81705792

MLSListings

APN: 279-26-002

California Santa Clara County San Jose 95008 Castlemont

1352 Teakwood Dr, San Jose, CA

This home is located at 1352 Teakwood Dr, San Jose, CA 95128 since 16 May 2018. This property was built in 1965. 1352 Teakwood Dr is a home located in Santa Clara County with nearby schools including Del Mar High School, Castlemont Elementary School, and Monroe Middle School.

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