NOT LISTED FOR SALE

1355 Calabazas Ct Santa Clara, CA 95051

8 Beds
5 Baths
3,342 Sq Ft
3,920 Sq Ft Lot

Last Sold May 02, 2024

Last sale price $1,901,000 $569 Per Sq Ft

3 Days on Market

Highlights

  • Granite Countertops
  • Laundry Room
  • Ceiling Fan
  • Juan Cabrillo Middle School Rated A
  • Tile Flooring
  • Coin Laundry

About This Home

As of May 2024

Well maintained fourplex in the highly desirable city of Santa Clara, close to Sunnyvale, Cupertino and Silicon Valley high tech industries. Updated roof and newer exterior paint. The property features a gross building area of approximately 3,342 square feet, offering its tenants bright and spacious floor plans. All units feature dual-pane windows, granite countertops with backsplashes, updated cabinets, tile flooring in kitchen and bathroom, laminated wood flooring in 3 units,1 unit with carpet. All units have similar floor plans and living spaces with wall furnaces and ceiling fans. Three units offer 2 bedrooms/1 full bath, and 1 unit with 2 bedrooms /1-and-a-half bath. Each of the three units have 1 carport parking and the other one has 2 parking spaces plus a private fenced patio. On-site coin operated laundry facility. Close to Apple Park, Kaiser Hospital, schools, restaurants, Costco, shopping/dining. Easy access to San Tomas Expressway, El Camino Real, and Lawrence Expressway. Currently, one unit is vacant and other units are tenants occupied. Exceptional investment opportunity. Price to sell! Easy to rent!

Last Agent to Sell the Property

Christina Chu

Maxreal License #01457203 Listed on: 03/29/2024

Maxreal

Last Buyer's Agent

Jayanta Samanta

Intero Real Estate Services License #02035130

Intero Real Estate Services

Property Details

Home Type

  • Multi-Family

Year Built

  • 1963

Lot Details

  • 3,920 Sq Ft Lot

Home Design

  • Quadruplex
  • Bitumen Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 3,342 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Crawl Space
  • Laundry Room

Kitchen

  • Oven or Range
  • Electric Cooktop
  • Range Hood
  • Microwave
  • Granite Countertops

Flooring

  • Carpet
  • Laminate
  • Tile

Parking

  • 2 Parking Spaces
  • 3 Carport Spaces
  • Off-Street Parking

Utilities

  • Wall Furnace
  • Vented Exhaust Fan
  • Separate Meters
  • 220 Volts
  • Individual Gas Meter

Listing and Financial Details

  • Total Actual Rent $79,700

Community Details

Overview

Amenities

  • Coin Laundry

Building Details

  • 3 Leased Units
  • Insurance Expense $2,119
  • Maintenance Expense $1,074
  • Other Expense $251
  • Utility Expense $8,499
  • Operating Expense $24,501
  • Gross Income $71,995

Property Details

Home Type

Multi-Family

Year Built

1963

Lot Details

0

Listing Details

  • Zoning: R3
  • Subclass: Fourplex
  • Age: 61
  • Listing Class: Residential Income (2-4 Units)
  • Structure Sq Ft: 3342
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1963

Interior Features

  • Kitchen: 220 Volt Outlet, Cooktop - Electric, Countertop - Granite, Exhaust Fan, Hood Over Range, Microwave, Oven Range, Refrigerator
  • Living Sq Ft: 3342
  • Stories: 2
  • Laundry: Coin Operated
  • Flooring: Carpet, Laminate, Tile
  • Additional Rooms: Laundry Room

Exterior Features

  • Foundation: Concrete Perimeter, Crawl Space
  • Roof: Bitumen

Garage/Parking

  • Parking Spaces: 2
  • Garage Parking Features: Carport, Off-Street Parking
  • Carport Min: 3

Utilities

  • Cooling System: Ceiling Fan
  • Heating System: Wall Furnace
  • Sewer/Septic System: Sewer - Public

Schools

  • School District: Santa Clara Unified

Lot Info

  • Lot Acres: 0.0900
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 3920.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 3920.00

Rental Info

  • Existing Lease Term(s): 1 Year Lease
  • Gross Rent Multiplier: 22.05
  • Number Of Leased: 3

Multi Family

  • Utilities: Individual Electric Meters, Individual Gas Meters, Public Utilities
  • Expense Insurance: 2119
  • Expense Maintenance: 1074
  • Expenses Other: 251
  • Expenses Total: 24501
  • Expenses Utility: 8499
  • Income Annual Gross: 71995.00
  • Income Annual Rental: 79700
  • Income Gross Scheduled: 84700
  • Income Includes: Coin Operated Equip, Rents
  • Income Other: 5000
  • Meters: Separate Electric, Separate Gas
  • Number Of Buildings: 1
  • Operating Expenses Include: Equipment/Fixture Rental, Fee - Property Tax, Insurance, Maintenance, Services - Trash Removal, Utilities
  • Tenant Expenses: Utilities - Electric, Utilities - Gas
  • Vacancy Factor: 15

Range of Values:

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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 List to Sale Price per Sq Ft
05/02/2024 05/02/24 Sold $1,901,000 +1.8% $569 / Sq Ft
04/02/2024 04/02/24 Pending -- -- --
03/29/2024 03/29/24 For Sale $1,868,000 -- $559 / 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: ML81959403

MLSListings

APN: 290-03-045