NOT LISTED FOR SALE
8 Beds
4 Baths
3,264 Sq Ft
8,320 Sq Ft Lot

Last Sold June 01, 2021

Last sale price $2,450,000 $751 Per Sq Ft

8 Days on Market

Highlights

  • View of Hills
  • Wood Flooring
  • Back Yard
  • Blossom Hill Elementary School Rated A
  • Level Lot
  • 3-minute walk to Live Oak Manor Park

About This Home

As of June 2021

Fantastic opportunity to own investment property in prime location of Los Gatos! Perfect for investor or combination of owner occupancy/rental units. Live near Live Oak Manor Park! Walking distance to Trader Joe's, Wholefoods, Sutter Health Urgent Care, and much more. Short distance to Downtown Los Gatos and easy access to Highways 17 & 85. NEW ROOF- 30 YR/ DIMENSIONAL ASPHALT SHINGLE W/ NEW FACIA AND GUTTERS AND FRESHLY PAINTED EXTERIOR. Rents listed are actual, owners unit is vacant. Projected market rental income is approx $120k per year. LOS GATOS SCHOOLS! ALL UNITS 2 BED/ 1 BATH. NO HOA. CARPORTS. OWNERS UNIT IS VACANT AND READY! Includes: Hardwood floors, Recessed lights, Updated kitchen w/ white cabinets, Formica counters, Stainless appliances, Electric cooktop, dishwasher microwave and fridge & Freshly painted interior. Garden Area. Dual Pane windows. Laundry room on site.

Last Agent to Sell the Property

Bonafede Team

Compass License #70010038 Listed on: 04/20/2021

Compass

Last Buyer's Agent

Catherine Clock

Keller Williams Realty-Silicon Valley License #01931623

Keller Williams Realty-Silicon Valley

Property Details

Home Type

  • Multi-Family

Year Built

  • 1958

Lot Details

  • 8,320 Sq Ft Lot
  • Level Lot
  • Sprinkler System
  • Back Yard

Home Design

  • Quadruplex
  • Shingle Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 3,264 Sq Ft Home
  • 2-Story Property
  • Views of Hills

Kitchen

  • Electric Oven
  • Microwave
  • Formica Countertops

Flooring

  • Wood
  • Carpet
  • Tile

Parking

  • 4 Parking Spaces
  • 4 Carport Spaces

Utilities

  • Wall Furnace

Listing and Financial Details

  • Total Actual Rent $79,800

Community Details

Overview

Building Details

  • 3 Leased Units
  • Gardener Expense $1,500
  • Insurance Expense $1,520
  • Utility Expense $2,145
  • Trash Expense $1,428
  • Operating Expense $15,554
  • Gross Income $79,002

Property Details

Home Type

Multi-Family

Year Built

1958

Lot Details

0

Listing Details

  • Zoning: RM512
  • Subclass: Fourplex
  • Age: 63
  • Listing Class: Residential Income (2-4 Units)
  • Structure Sq Ft: 3264
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1958

Interior Features

  • Kitchen: Countertop - Formica, Microwave, Oven Range - Electric, Refrigerator
  • Living Sq Ft: 3264
  • Stories: 2
  • Flooring: Carpet, Hardwood, Tile

Exterior Features

  • Foundation: Concrete Perimeter And Slab
  • Roof: Shingle
  • View: Hills
  • Yard/Grounds: Back Yard, Sprinklers - Lawn

Garage/Parking

  • Parking Spaces: 4
  • Garage Parking Features: Covered Parking
  • Carport Min: 4

Utilities

  • Heating System: Wall Furnace
  • Sewer/Septic System: Sewer - Public

Schools

  • School District: Los Gatos-Saratoga Joint Union High
  • Elementary School: Blossom Hill Elementary
  • Middle School: Raymond J. Fisher Middle
  • High School: Los Gatos High
  • High School: 262
  • Elementary School: 139
  • Middle School: 141

Lot Info

  • Lot Description: Grade - Level
  • Lot Acres: 0.1910
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 8318.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 8318.00

Rental Info

  • Existing Lease Term(s): Month To Month
  • Gross Rent Multiplier: 30.08
  • Number Of Leased: 3

Multi Family

  • Utilities: Public Utilities
  • Expense Insurance: 1520
  • Expense Landscape: 1500
  • Expenses Total: 15554
  • Expenses Utility: 2145
  • Expense Trash: 1428
  • Income Annual Gross: 79002.00
  • Income Annual Rental: 79800
  • Income Gross Scheduled: 79800
  • Income Includes: Rents
  • Meters: Separate Electric, Separate Gas
  • Number Of Buildings: 1
  • Tenant Expenses: Utilities - Electric, Utilities - Gas, Utilities - Heating
  • Vacancy Factor: 1

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
06/01/2021 06/01/21 Sold $2,450,000 +2.1% $751 / Sq Ft
04/29/2021 04/29/21 Pending -- -- --
04/20/2021 04/20/21 For Sale $2,400,000 -- $735 / Sq Ft
Source: MLSListings

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: MLSListings

MLS Number: ML81839906

MLSListings

APN: 424-15-004