NOT LISTED FOR SALE

1624 Santa Clara St Santa Clara, CA 95050

Downtown Santa Clara Neighborhood
6 Beds
4 Baths
2,550 Sq Ft
7,492 Sq Ft Lot

Last Sold April 17, 2017

Last sale price $1,494,000 $586 Per Sq Ft

7 Days on Market

Highlights

  • Ceiling Fan
  • Coin Laundry
  • Carpet
  • C. W. Haman Elementary School Rated A-

About This Home

As of April 2017

Excellent Investment Opportunity! Only a few short blocks to Santa Clara University. Fantastic Fourplex in desirable Santa Clara neighborhood filled with cute character homes on a quiet dead end street. Property consists of Two-2 Bedroom 1 Bath Units and Two-1 Bedroom 1 Bath Units. Picnic area in back is perfect for BBQ's. One unit has new carpet and a remodeled kitchen, another unit has been freshly painted. Additional two units are tastefully updated. New roof in 2006. 5 carports and 3 uncovered parking spaces. Coin operated Laundry on-site provides extra income.

Last Agent to Sell the Property

Mario Martin

Intero Real Estate Services License #01481424 Listed on: 03/08/2017

Intero Real Estate Services

Last Buyer's Agent

Graeham Watts

Intero Real Estate Services License #01466876

Intero Real Estate Services

Property Details

Home Type

  • Multi-Family

Year Built

  • 1940

Lot Details

  • 7,492 Sq Ft Lot

Home Design

  • Quadruplex
  • Composition Roof

Interior Spaces

  • 2,550 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Crawl Space
  • Security Lights
  • Electric Oven

Flooring

  • Carpet
  • Vinyl

Parking

  • 3 Parking Spaces
  • 5 Carport Spaces
  • On-Street Parking
  • Uncovered Parking

Utilities

  • Wall Furnace
  • Separate Meters
  • Individual Gas Meter

Listing and Financial Details

  • Total Actual Rent $77,400

Community Details

Overview

Amenities

  • Coin Laundry

Building Details

  • 2 Leased Units
  • Gardener Expense $720
  • Insurance Expense $1,100
  • Utility Expense $720
  • Trash Expense $4,500
  • Operating Expense $14,202
  • Gross Income $78,100

Property Details

Home Type

Multi-Family

Year Built

1940

Lot Details

0

Listing Details

  • Zoning: R336
  • Subclass: Fourplex
  • Age: 77
  • Listing Class: Residential Income (2-4 Units)
  • Structure Sq Ft: 2550
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1940

Interior Features

  • Kitchen: Oven Range - Electric, Refrigerator
  • Living Sq Ft: 2550
  • Stories: 2
  • Security: Security Lights
  • Laundry: Coin Operated
  • Flooring: Carpet, Vinyl / Linoleum

Exterior Features

  • Foundation: Crawl Space
  • Roof: Composition

Garage/Parking

  • Parking Spaces: 3
  • Garage Parking Features: Carport, On Street, Parking Area, Uncovered Parking
  • Carport Min: 5

Utilities

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

Schools

  • School District: Santa Clara Unified

Lot Info

  • Lot Acres: 0.1720
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 7500.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 7500.00

Rental Info

  • Existing Lease Term(s): Month To Month
  • Gross Rent Multiplier: 17.91
  • Number Of Leased: 2

Multi Family

  • Utilities: Individual Electric Meters, Individual Gas Meters, Public Utilities
  • Expense Insurance: 1100
  • Expense Landscape: 720
  • Expenses Total: 14202
  • Expenses Utility: 720
  • Expense Trash: 4500
  • Income Annual Gross: 78100.00
  • Income Annual Rental: 77400
  • Income Gross Scheduled: 78100
  • Income Includes: Laundry
  • Income Other: 700
  • Meters: Master Water, Separate Common Area, Separate Electric, Separate Gas
  • Number Of Buildings: 1
  • Operating Expenses Include: Insurance, Services - Gardener, Services - Trash Removal, Utilities - Water
  • Tenant Expenses: Utilities - Electric, Utilities - Gas

Range of Values:

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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
04/17/2017 04/17/17 Sold $1,494,000 +6.8% $586 / Sq Ft
03/16/2017 03/16/17 Pending -- -- --
03/08/2017 03/08/17 For Sale $1,399,000 -- $549 / Sq Ft
Source: MLSListings

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Mario Martin

    Seller's Agent in 2017

    Mario Martin

    Intero Real Estate Services

    (650) 793-2914

    27 Total Sales

    Mario Martin
    Section Image
  • Graeham Watts

    Buyer's Agent in 2017

    Graeham Watts

    Intero Real Estate Services

    (650) 308-4727

    1 in this area

    118 Total Sales

    Graeham Watts
    Section Image
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Map

Source: MLSListings

MLS Number: ML81641555

MLSListings

APN: 269-34-011

California Santa Clara County Santa Clara 95050 Downtown Santa Clara

1624 Santa Clara St, Santa Clara, CA

This home is located at 1624 Santa Clara St, Santa Clara, CA 95050 since 08 March 2017. This property was built in 1940. 1624 Santa Clara St is a home located in Santa Clara County with nearby schools including C. W. Haman Elementary School, Buchser Middle School, and Santa Clara High School.

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