NOT LISTED FOR SALE
5 Beds
4 Baths
2,716 Sq Ft
9,792 Sq Ft Lot

Last Sold September 24, 2020

Last sale price $1,642,000 $605 Per Sq Ft

78 Days on Market

Highlights

  • Vaulted Ceiling
  • 3 Car Detached Garage
  • Ceiling Fan
  • Alta Vista Elementary School Rated A
  • Forced Air Heating and Cooling System
  • 1-Story Property

About This Home

As of September 2020

Large duplex in desirable Los Gatos Neighborhood. Excellent unit mix. Unit A features a 3 bed 2 bath with an open concept and large wrap around yard. Great opportunity for an owner occupier or investor. Unit B features a spacious 2 bed 2 bath unit with a fireplace. Unit A comes with a 2 car garage while unit B has a private 1 car garage with space for storage. Each unit has it's own in-unit washer/dryer. Beautifully updated kitchen and bathrooms in each unit. Walking distance to local shopping center and excellent schools. Easy freeway access and close to many major employers.

Last Agent to Sell the Property

Justin Sieber

Avison Young - Northern California, Ltd. License #01887998 Listed on: 06/10/2020

Last Buyer's Agent

Jagi Shahani

Compass License #01388074

Compass

Property Details

Home Type

  • Multi-Family

Year Built

  • 1978

Lot Details

  • 9,792 Sq Ft Lot

Parking

  • 3 Car Detached Garage

Home Design

  • Duplex
  • Tile Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 2,716 Sq Ft Home
  • 1-Story Property
  • Vaulted Ceiling
  • Ceiling Fan
  • Fire and Smoke Detector

Utilities

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

Listing and Financial Details

  • Total Actual Rent $85,500

Community Details

Overview

  • 2,716 Sq Ft Building

Building Details

  • 1 Leased Unit
  • Gardener Expense $1,800
  • Insurance Expense $910
  • Maintenance Expense $1,050
  • Other Expense $1,195
  • Utility Expense $3,125
  • Operating Expense $30,917
  • Gross Income $82,080

Property Details

Home Type

Multi-Family

Year Built

1978

Lot Details

0

Parking

3

Listing Details

  • Zoning: PD
  • Subclass: Duplex
  • Age: 42
  • Listing Class: Residential Income (2-4 Units)
  • Structure Sq Ft: 2716
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1978

Interior Features

  • Living Sq Ft: 2716
  • Stories: 1
  • Security: Fire Alarm

Exterior Features

  • Foundation: Concrete Perimeter
  • Roof: Tile

Garage/Parking

  • Garage Spaces: 3
  • Garage Parking Features: Detached Garage

Utilities

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

Association/Amenities

  • Amenities Miscellaneous: High Ceiling, Vaulted Ceiling

Schools

  • School District: Campbell Union High

Lot Info

  • Lot Acres: 0.2248
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 9794.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 9794.00

Rental Info

  • Existing Lease Term(s): Month To Month
  • Gross Rent Multiplier: 20.99
  • Number Of Leased: 1

Multi Family

  • Utilities: Individual Electric Meters, Individual Gas Meters
  • Expense Insurance: 910
  • Expense Landscape: 1800
  • Expense Maintenance: 1050
  • Expenses Other: 1195
  • Expenses Total: 30917
  • Expenses Utility: 3125
  • Income Annual Gross: 82080.00
  • Income Annual Rental: 85500
  • Income Gross Scheduled: 85500
  • Income Includes: Rents
  • Meters: Master Water, Separate Electric, Separate Gas
  • Number Of Buildings: 2
  • Operating Expenses Include: Fee - Property Tax, Insurance, Maintenance - Repair, Services - Gardener, Utilities - Water
  • Tenant Expenses: Utilities - Electric, Utilities - Gas, Utilities - Heating, Utilities - Hot Water
  • Vacancy Factor: 4

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
09/24/2020 09/24/20 Sold $1,642,000 -11.0% $605 / Sq Ft
08/28/2020 08/28/20 Pending -- -- --
06/10/2020 06/10/20 For Sale $1,845,000 +20.2% $679 / Sq Ft
11/30/2017 11/30/17 Sold $1,535,000 -1.0% $565 / Sq Ft
11/15/2017 11/15/17 Pending -- -- --
10/24/2017 10/24/17 For Sale $1,550,000 -- $571 / 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: ML81803864

MLSListings

APN: 523-41-033