NOT LISTED FOR SALE

1610 Virginia Ave San Jose, CA 95116

Mayfair Neighborhood
10 Beds
6 Baths
3,859 Sq Ft
6,586 Sq Ft Lot

Last Sold October 28, 2021

Last sale price $1,675,000 $434 Per Sq Ft

59 Days on Market

About This Home

As of October 2021

SELLER FINANCING - $1,000,000 loan at 3.5% fixed for 15 years **** Incredible opportunity to acquire a 4-plex and ultimately pay off the loan in 15 years **** The property features a lovely unit mix of (2) 3 bedroom / 2 bathroom townhouses and (2) 2 bedroom / 1 bathroom townhouses **** These spacious apartments average 965 square feet each and feature a private patio or balcony **** The property has solid in-place rents with upside potential **** This vital rental location is minutes from Downtown San Jose and is conveniently located near freeways 101, 280, and 680 **** The property is also minutes away from shopping, schools, and parks.

Last Agent to Sell the Property

Truman Nhu

CENTURY 21 Masters License #01110101 Listed on: 06/04/2021

CENTURY 21 Masters

Co-Listed By

Alexia Judy Nguyen

CENTURY 21 Masters License #01262272

Last Buyer's Agent

Truman Nhu

CENTURY 21 Masters License #01110101 Listed on: 06/04/2021

CENTURY 21 Masters

Property Details

Home Type

  • Multi-Family

Year Built

  • 1962

Lot Details

  • 6,586

Home Design

  • Quadruplex
  • Slab Foundation
  • Composition Roof

Interior Spaces

  • 3,859 Sq Ft Home
  • 2-Story Property

Parking

  • 2 Parking Spaces
  • 4 Carport Spaces

Additional Features

  • 6,586 Sq Ft Lot
  • Wall Furnace

Listing and Financial Details

  • Total Actual Rent $103,000

Community Details

Overview

Building Details

  • 4 Leased Units
  • Gardener Expense $600
  • Insurance Expense $1,600
  • Maintenance Expense $3,000
  • Utility Expense $3,600
  • Trash Expense $1,800
  • Operating Expense $34,100
  • Gross Income $98,880

Property Details

Home Type

Multi-Family

Year Built

1962

Lot Details

0

Listing Details

  • Zoning: RM
  • Subclass: Fourplex
  • Age: 59
  • Listing Class: Residential Income (2-4 Units)
  • Structure Sq Ft: 3859
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1962

Interior Features

  • Living Sq Ft: 3859
  • Stories: 2

Exterior Features

  • Foundation: Concrete Slab
  • Roof: Composition

Garage/Parking

  • Parking Spaces: 2
  • Garage Parking Features: Covered Parking
  • Carport Min: 4

Utilities

  • Heating System: Wall Furnace
  • Sewer/Septic System: Sewer Connected

Schools

  • School District: East Side Union High

Lot Info

  • Lot Acres: 0.1512
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 6587.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 6587.00

Rental Info

  • Existing Lease Term(s): Less Than 1 Yr, Month To Month
  • Gross Rent Multiplier: 16.50
  • Number Of Leased: 4

Multi Family

  • Utilities: Public Utilities
  • Expense Insurance: 1600
  • Expense Landscape: 600
  • Expense Maintenance: 3000
  • Expenses Total: 34100
  • Expenses Utility: 3600
  • Expense Trash: 1800
  • Income Annual Gross: 98880.00
  • Income Annual Rental: 103000
  • Income Gross Scheduled: 103000
  • Income Includes: Rents
  • Meters: Master Water, Separate Electric, Separate Gas
  • Number Of Buildings: 1
  • Operating Expenses Include: Fee - Property Tax, Insurance, Maintenance, Maintenance - Repair, Services - Sewer, Utilities, Utilities - Hot Water, Utilities - Water
  • Tenant Expenses: Rent Only, Utilities - Electric, Utilities - Gas
  • Vacancy Factor: 4

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
10/28/2021 10/28/21 Sold $1,675,000 -1.5% $434 / Sq Ft
08/03/2021 08/03/21 Pending -- -- --
08/03/2021 08/03/21 Price Changed $1,700,000 0.0% $441 / Sq Ft
06/04/2021 06/04/21 For Sale $1,700,000 -- $441 / Sq Ft
Source: MLSListings

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • T

    Seller's Agent in 2021

    Truman Nhu

    CENTURY 21 Masters

    Section Image
  • Alexia Judy Nguyen

    Seller Co-Listing Agent in 2021

    Alexia Judy Nguyen

    CENTURY 21 Masters

    (408) 316-8228

    3 in this area

    54 Total Sales

    Alexia Judy Nguyen
    Section Image
See All Agents

Map

Source: MLSListings

MLS Number: ML81856461

MLSListings

APN: 481-44-046

California Santa Clara County San Jose 95116 Mayfair

1610 Virginia Ave, San Jose, CA

This home is located at 1610 Virginia Ave, San Jose, CA 95116 since 04 June 2021. This property was built in 1962. 1610 Virginia Ave is a home located in Santa Clara County with nearby schools including Cesar Chavez Elementary School, Independence High School, and Rocketship Los Suenos Academy.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

MLSListings Property Information © 2025 MLSListings Inc. All rights reserved. Listing information is deemed reliable but not guaranteed. Certain information contained herein is derived from information which is the licensed property of, and copyrighted by, MLSListings Inc. The viewer acknowledges ownership and validity of its copyright. Information provided is for personal, non-commercial use by a viewer with a bona fide interest in the purchase or sale of real estate of the type being offered via this website or other electronic means. The viewer is prohibited from copying, redistributing or retransmitting any of the data or information provided by MLSListing, Inc.

Nearby Homes