NOT LISTED FOR SALE
8 Beds
-- Bath
2,980 Sq Ft
7,841 Sq Ft Lot

Last Sold September 04, 2014

Last sale price $1,055,000 $354 Per Sq Ft

16 Days on Market

About This Home

As of September 2014

Well-maintained 4-plex in Cambrian area of San Jose. New dual paned windows and exterior paint. Clean units. Some units contain granite counter tops, tile flooring in kitchens and bathrooms and new cabinets. Strong in-place rents with upside potential. Great rental location - near Almaden Plaza, Oakridge Mall, schools, shopping, parks and Highway 85.

Last Agent to Sell the Property

Justin Bautista

Cassidy Turley Northern California, Inc. License #01268331 Listed on: 07/21/2014

Last Buyer's Agent

Anya Li

Judy Wang Realtors License #01845414

Judy Wang Realtors

Property Details

Home Type

  • Multi-Family

Year Built

  • 1963

Lot Details

  • 7,841

Home Design

  • Quadruplex

Interior Spaces

  • 2,980 Sq Ft Home
  • 2-Story Property

Kitchen

  • Oven or Range
  • Disposal

Flooring

  • Wall to Wall Carpet
  • Tile
  • Vinyl

Parking

  • Uncovered Parking
  • Off-Street Parking

Utilities

  • Wall Furnace
  • Sewer Within 50 Feet

Listing and Financial Details

  • Total Actual Rent $72,300
  • The owner pays for garbage, gas, hot water, water

Community Details

Overview

  • 2,980 Sq Ft Building

Building Details

  • Gardener Expense $960
  • Insurance Expense $1,000
  • Maintenance Expense $2,800
  • Other Expense $2,169
  • Utility Expense $1,344
  • Trash Expense $1,495
  • Operating Expense $25,781
  • Gross Income $72,750

Property Details

Home Type

Multi-Family

Year Built

1963

Lot Details

0

Listing Details

  • Zoning: RM
  • Subclass: Fourplex
  • Age: 51
  • Inspections Reports: Flood Zone
  • Sale Price Per Sq Ft: 354.03
  • Listing Class: Residential Income (2-4 Units)
  • Max Numberof Unitsin Complex: 4
  • Min Numberof Unitsin Complex: 4
  • Structure Sq Ft: 2980
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1963

Interior Features

  • Kitchen: Garbage Disposal, Oven Range, Refrigerator
  • Living Sq Ft: 2980
  • Stories: 2
  • Laundry: 220 Volt Outlet, Washer/Dryer - Leased Coin-Op
  • Flooring: Tile, Carpet - Wall To Wall, Vinyl / Linoleum, Carpet

Garage/Parking

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

Utilities

  • Heating System: Wall Furnace
  • 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: 7841.00
  • Lot Size Area Maximum Units: Square Feet
  • Lot Size Area Max Search: 7841.00
  • Lot Size Area Min Search: 7841.00
  • Maximum Lot Size: 7841.00

Rental Info

  • Existing Lease Term(s): Month To Month, Less Than 1 Yr
  • Gross Rent Multiplier: 14.41

Multi Family

  • Expense Insurance: 1000
  • Expense Landscape: 960
  • Expense Maintenance: 2800
  • Expenses Other: 2169
  • Expenses Total: 25781
  • Expenses Utility: 1344
  • Expense Trash: 1495
  • Expense Water Sewer: 1450
  • Income Annual Gross: 72750.00
  • Income Annual Rental: 72300
  • Income Gross Scheduled: 72750
  • Income Includes: Laundry, Lease
  • Income Laundry: 450
  • Maximum Building Height: 2
  • Meters: Separate Electric, Separate Gas, Master Water
  • Minimum Building Height: 2
  • Number Of Buildings: 1
  • Operating Expenses Include: Services - Trash Removal, Utilities - Gas, Utilities - Hot Water, Utilities - Water, Services - Gardener, Insurance, Maintenance - Repair, Fee - Property Tax, Services - Sewer, Vacancy Factor, Utilities - Electric
  • Owner Pays: Garbage, Gas, Hot Water, Water
  • Tenant Expenses: Utilities - Gas, 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
09/04/2014 09/04/14 Sold $1,055,000 +0.7% $354 / Sq Ft
08/06/2014 08/06/14 Pending -- -- --
07/21/2014 07/21/14 For Sale $1,048,000 -- $352 / 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: ML81426256

MLSListings

APN: 567-28-012