NOT LISTED FOR SALE
5 Beds
-- Bath
2,421 Sq Ft
7,405 Sq Ft Lot

Last Sold November 01, 2013

Last sale price $980,000 $405 Per Sq Ft

14 Days on Market

Highlights

  • Mountain View
  • Tile Flooring
  • 1-Story Property
  • Alta Vista Elementary School Rated A
  • Forced Air Heating and Cooling System

About This Home

As of November 2013

Exception condition and units to get top rents due to location and amenities available in these units. Prime location for Los Gatos, easy access to freeways, and downtown Los Gatos. DO NOT DISTURB TENANTS. OFFERS SUBJECT TO INSPECTION Owner would like to carry paper for 5yrs. with buyers good credit.

Last Agent to Sell the Property

Janet Simas

Spirit Properties License #00408408 Listed on: 08/28/2013

Last Buyer's Agent

Charles Harmon

Coldwell Banker Realty License #01057257

Coldwell Banker Realty

Property Details

Home Type

  • Multi-Family

Year Built

  • 1971

Lot Details

  • 7,405

Home Design

  • Duplex
  • Composition Roof

Interior Spaces

  • 2,421 Sq Ft Home
  • 1-Story Property
  • Mountain Views

Kitchen

  • Oven or Range
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Tile
  • Vinyl

Utilities

  • Forced Air Heating and Cooling System
  • Sewer Within 50 Feet

Listing and Financial Details

  • Total Actual Rent $52,140
  • The owner pays for garbage, water

Community Details

Overview

  • 2,421 Sq Ft Building

Building Details

  • Insurance Expense $950
  • Utility Expense $120
  • Trash Expense $700
  • Operating Expense $10,481
  • Gross Income $52,140

Property Details

Home Type

Multi-Family

Year Built

1971

Lot Details

0

Listing Details

  • Zoning: R28H
  • Subclass: Duplex
  • Age: 42
  • Inspections Reports: Fault Zone, Geological/Flood, Pest Control, Flood Zone
  • Sale Price Per Sq Ft: 404.79
  • Listing Class: Residential Income (2-4 Units)
  • Max Numberof Unitsin Complex: 2
  • Min Numberof Unitsin Complex: 2
  • Structure Sq Ft: 2421
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1971

Interior Features

  • Kitchen: Dishwasher, Garbage Disposal, Oven Range, Refrigerator
  • Living Sq Ft: 2421
  • Stories: 1
  • Laundry: 220 Volt Outlet
  • Flooring: Tile, Carpet - Wall To Wall, Vinyl / Linoleum, Carpet

Exterior Features

  • Roof: Composition
  • View: Mountains, Local/Neighborhood

Garage/Parking

  • Garage Parking Features: Spaces Per Unit - 1

Utilities

  • Cooling System: Central Ac
  • Heating System: Central Forced Air
  • Sewer/Septic System: Sewer In Street, Sewer Connected

Schools

  • School District: Campbell Union High

Lot Info

  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 7440.00
  • Lot Size Area Maximum Units: Square Feet
  • Lot Size Area Max Search: 7440.00
  • Lot Size Area Min Search: 7440.00
  • Maximum Lot Size: 7440.00

Rental Info

  • Existing Lease Term(s): Less Than 1 Yr, 1 Year Lease
  • Gross Rent Multiplier: 19.14

Multi Family

  • Expense Insurance: 950
  • Expenses Total: 10481
  • Expenses Utility: 120
  • Expense Trash: 700
  • Expense Water Sewer: 900
  • Income Annual Gross: 52140.00
  • Income Annual Rental: 52140
  • Income Gross Scheduled: 52140
  • Income Includes: Lease
  • Maximum Building Height: 1
  • Meters: Separate Electric, Separate Gas, Separate Water
  • Minimum Building Height: 1
  • Number Of Buildings: 1
  • Operating Expenses Include: Services - Trash Removal, Utilities - Water, Insurance, Fee - Property Tax
  • Owner Pays: Garbage, Water
  • Tenant Expenses: Utilities - Heating, Cable Tv, 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
11/01/2013 11/01/13 Sold $980,000 -1.8% $405 / Sq Ft
09/11/2013 09/11/13 Pending -- -- --
08/28/2013 08/28/13 For Sale $998,000 -- $412 / 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: ML81331861

MLSListings

APN: 523-43-004