NOT LISTED FOR SALE
9 Beds
-- Bath
3,755 Sq Ft
8,712 Sq Ft Lot

Last Sold September 18, 2014

Last sale price $1,080,000 $288 Per Sq Ft

7 Days on Market

Highlights

  • Neighborhood Views
  • Forced Air Heating System
  • Wall to Wall Carpet
  • Del Mar High School Rated A-
  • Level Lot

About This Home

As of September 2014

Wonderful 4plex with good income located near San Jose City College and situated in a quiet neighborhood. Property feathers one single level 3BD 2 BA and Three 2BD 1 and 1/2 BA units. Newly remodeled and upgraded unit number 3. Detached carport. Property is currently fully occupied by tenants. Do not disturb tenants.

Last Agent to Sell the Property

Andy Lai

Choice Properties License #01103365 Listed on: 08/01/2014

Last Buyer's Agent

Grace Keng

Keller Williams Thrive License #00919545

Keller Williams Thrive

Property Details

Home Type

  • Multi-Family

Year Built

  • 1977

Lot Details

  • 8,712

Home Design

  • Quadruplex
  • Tile Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 3,755 Sq Ft Home
  • 2-Story Property
  • Neighborhood Views

Kitchen

  • Oven or Range
  • Dishwasher
  • Disposal

Flooring

  • Wall to Wall Carpet
  • Vinyl

Parking

  • Carport
  • Off-Street Parking

Utilities

  • Cooling System Mounted To A Wall/Window
  • Forced Air Heating System
  • Sewer Within 50 Feet

Additional Features

  • Energy-Efficient Insulation
  • Level Lot

Listing and Financial Details

  • Total Actual Rent $80,400
  • The owner pays for electric, garbage, services - gardener/landscaping, gas, water
  • Month-to-Month Lease Term

Community Details

Overview

  • 3,755 Sq Ft Building

Building Details

  • Insurance Expense $5,600
  • Manager Expense $3,600
  • Trash Expense $2,160
  • Operating Expense $22,622
  • Gross Income $81,120

Property Details

Home Type

Multi-Family

Year Built

1977

Lot Details

0

Listing Details

  • Zoning: R3
  • Subclass: Fourplex
  • Age: 37
  • Inspections Reports: Fault Zone, Geological/Flood, Flood Zone
  • Sale Price Per Sq Ft: 287.62
  • Listing Class: Residential Income (2-4 Units)
  • Max Numberof Unitsin Complex: 4
  • Min Numberof Unitsin Complex: 4
  • Structure Sq Ft: 3755
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1977

Interior Features

  • Kitchen: Dishwasher, Garbage Disposal, Oven Range, Refrigerator
  • Living Sq Ft: 3755
  • Stories: 2
  • Laundry: Washer/Dryer - Leased Coin-Op
  • Flooring: Carpet - Wall To Wall, Vinyl / Linoleum, Carpet

Exterior Features

  • Foundation: Concrete Perimeter And Slab
  • Roof: Tile
  • View: Local/Neighborhood

Garage/Parking

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

Utilities

  • Cooling System: Window / Wall Unit
  • Heating System: Central Forced Air
  • Sewer/Septic System: Sewer In Street, Sewer Connected

Schools

  • School District: Campbell Union High

Lot Info

  • Lot Description: Grade - Level
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 9100.00
  • Lot Size Area Maximum Units: Square Feet
  • Lot Size Area Max Search: 9100.00
  • Lot Size Area Min Search: 9100.00
  • Maximum Lot Size: 9100.00

Green Features

  • Energy Features: Insulation - Unknown

Rental Info

  • Existing Lease Term(s): Month To Month, Less Than 1 Yr, 1 Year Lease, More Than 1 Yr
  • Gross Rent Multiplier: 12.27

Multi Family

  • Expense Insurance: 5600
  • Expense Management: 3600
  • Expenses Total: 22622
  • Expense Trash: 2160
  • Expense Water Sewer: 3000
  • Income Annual Gross: 81120.00
  • Income Annual Rental: 80400
  • Income Gross Scheduled: 81120
  • Income Includes: Laundry, Lease
  • Income Laundry: 720
  • Maximum Building Height: 2
  • Meters: Separate Electric, Separate Gas
  • Minimum Building Height: 2
  • Number Of Buildings: 1
  • Operating Expenses Include: Utilities - Electric, Services - Trash Removal, Services - Gardener, Utilities - Gas, Utilities - Water, Insurance, Fee - License/Advertising, Services - On-Site Manager, Fee - Property Tax, Services - Sewer
  • Owner Pays: Electric, Garbage, Services - Gardener/Landscaping, Gas, Water
  • Tenant Expenses: Utilities - Gas, Utilities - Hot Water, Utilities - Electric

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 Change Sq Ft Price
09/18/2014 09/18/14 Sold $1,080,000 +8.5% $288 / Sq Ft
08/08/2014 08/08/14 Pending -- -- --
08/01/2014 08/01/14 For Sale $995,000 -- $265 / 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: ML81427768

MLSListings

APN: 282-46-078