NOT LISTED FOR SALE

1571 Brookvale Dr San Jose, CA 95129

Calabazas Neighborhood
8 Beds
6 Baths
3,827 Sq Ft
7,902 Sq Ft Lot

Last Sold August 21, 2023

Last sale price $2,225,000 $581 Per Sq Ft

8 Days on Market

About This Home

As of August 2023

1571 Brookvale Drive is a pride-of-ownership 4-plex nestled at the border of Cupertino, Saratoga, and W. San Jose. The property is located in the highly coveted Cupertino school district, with an outstanding unit mix of (1) vacant 3BD/2BA, (1) 2BD/2BA, (1) 2BD/1BA, and (1) 1BD/1BA totaling 3,827 building square feet on a 7,900 square feet lot. The building is well-maintained, and recent capital expenditures include a newer water heater (2019) and remodeled bathrooms in unit #1. The property has excellent owner-occupied potential, making it an attractive option for buyers seeking both rental income and a place to call home in a neighborhood with single-family-homes exceeding $2M+. Additionally, the building provides an exciting opportunity to add value through interior renovations and significant upside in rental income. The property is a short drive to downtown Saratoga, Westgate Mall, and Apple HQ, with easy access to Highways 85 and 280.

Last Agent to Sell the Property

David Katz

Magnify Real Estate License #01971921 Listed on: 07/17/2023

Last Buyer's Agent

Thomas Feng

BRG Realty License #01868748

BRG Realty

Property Details

Home Type

  • Multi-Family

Year Built

  • 1970

Lot Details

  • 7,902 Sq Ft Lot

Parking

  • 5 Car Garage

Home Design

  • Quadruplex
  • Flat Roof Shape
  • Wood Frame Construction
  • Composition Roof

Interior Spaces

  • 3,827 Sq Ft Home
  • 2-Story Property

Utilities

  • Forced Air Heating System
  • Wall Furnace
  • Separate Meters
  • Individual Gas Meter

Listing and Financial Details

  • Total Actual Rent $112,440
  • Month-to-Month Lease Term

Community Details

Overview

Building Details

  • 3 Leased Units
  • Gardener Expense $1,200
  • Insurance Expense $2,488
  • Maintenance Expense $2,000
  • Utility Expense $6,090
  • Operating Expense $41,704
  • Gross Income $109,765

Property Details

Home Type

Multi-Family

Year Built

1970

Lot Details

0

Parking

5

Listing Details

  • Zoning: RM
  • Subclass: Fourplex
  • Age: 53
  • Listing Class: Residential Income (2-4 Units)
  • Structure Sq Ft: 3827
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1970

Interior Features

  • Living Sq Ft: 3827
  • Stories: 2

Exterior Features

  • Foundation: Wood Frame
  • Roof: Composition, Flat / Low Pitch

Garage/Parking

  • Garage Spaces: 5

Utilities

  • Heating System: Forced Air, Wall Furnace
  • Sewer/Septic System: Sewer - Public

Schools

  • School District: Fremont Union High

Lot Info

  • Lot Acres: 0.1814
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 7900.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 7900.00

Rental Info

  • Existing Lease Term(s): 1 Year Lease, Month To Month, More Than 1 Yr
  • Gross Rent Multiplier: 19.40
  • Number Of Leased: 3

Multi Family

  • Utilities: Individual Electric Meters, Individual Gas Meters, Public Utilities
  • Expense Insurance: 2488
  • Expense Landscape: 1200
  • Expense Maintenance: 2000
  • Expenses Total: 41704
  • Expenses Utility: 6090
  • Income Annual Gross: 109765.00
  • Income Annual Rental: 112440
  • Income Gross Scheduled: 113160
  • Income Includes: Laundry
  • Income Other: 720
  • Meters: Master Water, Separate Electric, Separate Gas
  • Number Of Buildings: 1
  • Operating Expenses Include: Fee - Other Taxes, Fee - Property Tax, Insurance, Maintenance - Repair, Services - Gardener, Utilities
  • Tenant Expenses: Utilities - Electric, Utilities - Gas
  • Vacancy Factor: 3

Range of Values:

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Average Value
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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
08/21/2023 08/21/23 Sold $2,225,000 +1.4% $581 / Sq Ft
07/26/2023 07/26/23 Pending -- -- --
07/17/2023 07/17/23 For Sale $2,195,000 -- $574 / Sq Ft
Source: MLSListings

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • David Katz

    Seller's Agent in 2023

    David Katz

    Magnify Real Estate

    (408) 758-0718

    2 in this area

    23 Total Sales

    Section Image

  • T

    Buyer's Agent in 2023

    Thomas Feng

    BRG Realty

    Section Image

  • T

    Buyer Co-Listing Agent in 2023

    Tuyet Chung

    BRG Realty

    Section Image
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Map

Source: MLSListings

MLS Number: ML81935230

MLSListings

APN: 372-19-014

California Santa Clara County San Jose 95129 Calabazas

1571 Brookvale Dr, San Jose, CA

This home is located at 1571 Brookvale Dr, San Jose, CA 95129 since 17 July 2023. This property was built in 1970. 1571 Brookvale Dr is a home located in Santa Clara County with nearby schools including Blue Hills Elementary School, Joaquin Miller Middle, and Lynbrook High School.

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