$2,200,000
PENDING $250K PRICE DROP

Estimated payment $12,804/month

Total Views 4,505
5 Beds
3 Baths
1,077 Sq Ft
$2,043 Price per Sq Ft

Highlights

  • Granite Countertops
  • Double Pane Windows
  • Guest Parking
  • Willow Glen High School Rated 9+
  • Tile Flooring
  • 3-minute walk to Belvue Park

About This Home

Owner-User and/or Wealth Preservation Opportunity. This property come with a Duplex unit and a Warehouse with a lot of income potential. Minutes from Downtown San Jose and short distance from major employment sites such as, Facebook, Amazon, Google. Just minutes to many shopping Centers, great restaurants, and entertainment. Easy access to Highway 101, and public transportation!

Listing Agent

J. Adame

Ameriland Real Estate Services License #01383543 Listed on: 04/12/2024

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $12,999

Year Built

  • 1903

Lot Details

  • Security Fence

Home Design

  • Duplex
  • Wood Frame Construction
  • Metal Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,077 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Double Pane Windows
  • Security Lights
  • Washer and Dryer

Kitchen

  • Gas Oven
  • Gas Cooktop
  • Granite Countertops
  • Disposal

Flooring

  • Laminate
  • Tile

Parking

  • 20 Parking Spaces
  • Covered Parking
  • Guest Parking

Utilities

  • Wall Furnace
  • Vented Exhaust Fan

Listing and Financial Details

Community Details

Overview

  • 1,077 Sq Ft Building

Building Details

  • 1 Leased Unit
  • Gardener Expense $500
  • Insurance Expense $1,200
  • Maintenance Expense $2,500
  • Utility Expense $6,000
  • Operating Expense $23,767
  • Gross Income $128,040

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$12,999

Year Built

1903

Lot Details

0

Listing Details

  • Zoning: R1
  • Subclass: Duplex
  • Age: 122
  • Listing Class: Residential Income (2-4 Units)
  • Structure Sq Ft: 1077
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1903

Interior Features

  • Kitchen: Cooktop - Gas, Countertop - Granite, Exhaust Fan, Garbage Disposal, Oven Range - Gas
  • Living Sq Ft: 1077
  • Stories: 1
  • Security: Security Fence, Security Lights
  • Laundry: Washer / Dryer
  • Flooring: Laminate, Tile

Exterior Features

  • Foundation: Concrete Perimeter
  • Roof: Metal
  • Construction Type: Wood Frame

Garage/Parking

  • Parking Spaces: 20
  • Garage Parking Features: Common Parking Area, Guest / Visitor Parking

Utilities

  • Cooling System: Ceiling Fan
  • Heating System: Wall Furnace
  • Sewer/Septic System: Sewer - Public

Schools

  • School District: San Jose Unified

Lot Info

  • Lot Description: Regular
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 16000.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 16000.00

Green Features

  • Energy Features: Double Pane Windows

Rental Info

  • Existing Lease Term(s): Month To Month
  • Gross Rent Multiplier: 16.67
  • Number Of Leased: 1

Multi Family

  • Utilities: Public Utilities
  • Expense Insurance: 1200
  • Expense Landscape: 500
  • Expense Maintenance: 2500
  • Expenses Total: 23767
  • Expenses Utility: 6000
  • Income Annual Gross: 128040.00
  • Income Annual Rental: 132000
  • Income Gross Scheduled: 132000
  • Income Includes: Improvements
  • Meters: Master Electric, Master Gas, Master Water
  • Number Of Buildings: 2
  • Operating Expenses Include: Fee - Property Tax, Fee - Rent/Lease, Utilities
  • Tenant Expenses: Utilities - Electric, Utilities - Gas, Utilities - Heating, Utilities - Water
  • Vacancy Factor: 3

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $12,999 $1,014,390 $962,370 $52,020
2024 $12,999 $994,500 $943,500 $51,000
2023 $7,736 $539,780 $377,850 $161,930
2022 $7,670 $529,197 $370,442 $158,755
2021 $7,486 $518,822 $363,179 $155,643
2020 $7,295 $513,504 $359,456 $154,048
2019 $7,128 $503,436 $352,408 $151,028
2018 $7,048 $493,566 $345,499 $148,067
2017 $6,984 $483,889 $338,725 $145,164
2016 $6,122 $416,800 $291,000 $125,800
2015 $5,336 $350,300 $245,200 $105,100
2014 $4,391 $302,000 $211,400 $90,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/05/2025 08/05/25 Pending -- -- --
06/30/2025 06/30/25 Price Changed $2,200,000 -4.3% $2,043 / Sq Ft
01/29/2025 01/29/25 Price Changed $2,300,000 -6.1% $2,136 / Sq Ft
04/12/2024 04/12/24 For Sale $2,450,000 +28.9% $2,275 / Sq Ft
04/05/2023 04/05/23 Sold $1,900,000 -5.0% $1,764 / Sq Ft
02/06/2023 02/06/23 Pending -- -- --
10/08/2022 10/08/22 For Sale $2,000,000 -- $1,857 / Sq Ft
Source: MLSListings

Purchase History

Date Type Sale Price Title Company
Grant Deed $1,900,000 Orange Coast Title
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- --
Grant Deed $395,000 Chicago Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $1,089,300 New Conventional
Previous Owner $316,000 Purchase Money Mortgage
Source: Public Records

Source: MLSListings

MLS Number: ML81990329

MLSListings

APN: 434-22-087