NOT LISTED FOR SALE

16750 Barnell Ave Morgan Hill, CA 95037

8 Beds
6 Baths
3,694 Sq Ft
7,318 Sq Ft Lot

Last Sold October 28, 2021

Last sale price $1,575,000 $426 Per Sq Ft

16 Days on Market

About This Home

As of October 2021

Location , Location !! Great Investment property located on a nice well maintained street . Spacious fourplex , each unit has an open and bright kitchen , generous size rooms , cozy living & dining area , carport for every unit and laundry facilities on site. Fantastic location, close to downtown Morgan Hill , Farmers Market , restaurants, shops, hiking, Nob Hill Trail Park, Morgan Hill Library, parks, biking, wineries, schools, stores, cafes freeways and more !! 3 units rented month to month and one unit VACANT . See photos of Vacant unit .

Last Agent to Sell the Property

Rosetta Deluca

Intero Real Estate Services License #01271464 Listed on: 08/22/2021

Intero Real Estate Services

Last Buyer's Agent

Kwokkin Chan

Junction Realty Corporation License #01317780

Property Details

Home Type

  • Multi-Family

Year Built

  • 1976

Lot Details

  • 7,318 Sq Ft Lot

Home Design

  • Quadruplex
  • Composition Roof

Interior Spaces

  • 3,694 Sq Ft Home
  • 2-Story Property

Parking

  • 4 Parking Spaces
  • 4 Carport Spaces

Utilities

  • Cooling System Mounted To A Wall/Window
  • Wall Furnace
  • Individual Gas Meter

Listing and Financial Details

  • Total Actual Rent $66,288

Community Details

Overview

Building Details

  • 3 Leased Units
  • Gardener Expense $140
  • Insurance Expense $2,865
  • Maintenance Expense $7,495
  • Utility Expense $442
  • Trash Expense $377
  • Operating Expense $11,319
  • Gross Income $67,474

Property Details

Home Type

Multi-Family

Year Built

1976

Lot Details

0

Listing Details

  • Zoning: R3
  • Subclass: Fourplex
  • Age: 45
  • Listing Class: Residential Income (2-4 Units)
  • Structure Sq Ft: 3694
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1976

Interior Features

  • Living Sq Ft: 3694
  • Stories: 2

Exterior Features

  • Roof: Composition

Garage/Parking

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

Utilities

  • Cooling System: Window / Wall Unit
  • Heating System: Wall Furnace
  • Sewer/Septic System: Sewer Connected

Schools

  • School District: Morgan Hill Unified

Lot Info

  • Lot Acres: 0.1680
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 7316.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 7316.00

Rental Info

  • Existing Lease Term(s): Month To Month
  • Gross Rent Multiplier: 23.42
  • Number Of Leased: 3

Multi Family

  • Utilities: Individual Gas Meters
  • Expense Insurance: 2865
  • Expense Landscape: 140
  • Expense Maintenance: 7495
  • Expenses Total: 11319
  • Expenses Utility: 442
  • Expense Trash: 377
  • Income Annual Gross: 67474.00
  • Income Annual Rental: 66288
  • Income Gross Scheduled: 68156
  • Income Includes: Coin Operated Equip
  • Income Other: 1868
  • Meters: Separate Gas
  • Number Of Buildings: 1
  • Operating Expenses Include: Maintenance - Repair
  • Tenant Expenses: Utilities - Electric, Utilities - Gas
  • Vacancy Factor: 1

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 List to Sale Price per Sq Ft
10/28/2021 10/28/21 Sold $1,575,000 -1.3% $426 / Sq Ft
09/08/2021 09/08/21 Pending -- -- --
08/22/2021 08/22/21 For Sale $1,595,888 -- $432 / 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: ML81859535

MLSListings

APN: 767-11-037