NOT LISTED FOR SALE

1686 Shortridge Ave San Jose, CA 95116

Little Portugal Neighborhood
4 Beds
2 Baths
1,752 Sq Ft
5,480 Sq Ft Lot

Last Sold March 29, 2023

Last sale price $950,000 $542 Per Sq Ft

17 Days on Market

Highlights

  • 2 Car Detached Garage
  • Washer and Dryer
  • 1-Story Property
  • Double Pane Windows

About This Home

As of March 2023

Great Opportunity for a quality duplex investment. Property is dated but extremely well maintained and quality capital improvements like copper piping and dual pane windows. Asking price reflects condition and updates. Both units are occupied with long term tenants (see agent notes for more details), Don't miss this chance to invest in a quality property in Silicon Valley.

Last Agent to Sell the Property

Keith Walker

Intero Real Estate Services License #01244287 Listed on: 02/14/2023

Intero Real Estate Services

Co-Listed By

Kris Walker

Intero Real Estate Services License #02048621

Last Buyer's Agent

Jessica Alves

Coldwell Banker Realty License #02071903

Coldwell Banker Realty

Property Details

Home Type

  • Multi-Family

Year Built

  • 1956

Lot Details

  • 5,480

Parking

  • 2 Car Detached Garage

Home Design

  • Duplex
  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,752 Sq Ft Home
  • 1-Story Property
  • Double Pane Windows
  • Washer and Dryer

Additional Features

  • 5,480 Sq Ft Lot
  • Wall Furnace

Listing and Financial Details

  • Total Actual Rent $47,700

Community Details

Overview

Building Details

  • 2 Leased Units
  • Insurance Expense $1,800
  • Maintenance Expense $1,500
  • Manager Expense $2,862
  • Operating Expense $10,807
  • Gross Income $47,700

Property Details

Home Type

Multi-Family

Year Built

1956

Lot Details

0

Parking

2

Listing Details

  • Zoning: R1-8
  • Subclass: Duplex
  • Age: 67
  • Listing Class: Residential Income (2-4 Units)
  • Structure Sq Ft: 1752
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1956

Interior Features

  • Kitchen: Oven Range - Built-In, Gas, Refrigerator
  • Living Sq Ft: 1752
  • Stories: 1
  • Laundry: Washer / Dryer

Exterior Features

  • Foundation: Concrete Perimeter
  • Roof: Composition

Garage/Parking

  • Garage Spaces: 2
  • Parking Spaces: 2
  • Garage Parking Features: Detached Garage

Utilities

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

Schools

  • School District: San Jose Unified
  • Elementary School: Anne Darling Elementary
  • Middle School: Muwekma Ohlone Middle School
  • High School: San Jose High Academy
  • High School: 349
  • Elementary School: 361
  • Middle School: 38063

Lot Info

  • Lot Acres: 0.1258
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 5478.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 5478.00

Green Features

  • Energy Features: Double Pane Windows

Rental Info

  • Existing Lease Term(s): Month To Month
  • Gross Rent Multiplier: 20.44
  • Number Of Leased: 2

Multi Family

  • Utilities: Public Utilities
  • Expense Insurance: 1800
  • Expense Maintenance: 1500
  • Expense Management: 2862
  • Expenses Total: 10807
  • Income Annual Gross: 47700.00
  • Income Annual Rental: 47700
  • Income Gross Scheduled: 47700
  • Income Includes: Rents
  • Meters: Separate Electric, Separate Gas, Separate Water
  • Number Of Buildings: 1
  • Operating Expenses Include: Insurance, Maintenance - Capital Improvements, Maintenance - Repair
  • Tenant Expenses: Services - Trash Removal, Utilities - Electric, Utilities - Gas, Utilities - Heating, Utilities - Hot Water, Utilities - Water

Range of Values:

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List Price
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
03/29/2023 03/29/23 Sold $950,000 -2.6% $542 / Sq Ft
03/04/2023 03/04/23 Pending -- -- --
02/14/2023 02/14/23 For Sale $975,000 -- $557 / Sq Ft
Source: MLSListings

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Keith Walker

    Seller's Agent in 2023

    Keith Walker

    Intero Real Estate Services

    (408) 314-4747

    1 in this area

    176 Total Sales

    Section Image
  • Kris Walker

    Seller Co-Listing Agent in 2023

    Kris Walker

    Intero Real Estate Services

    (408) 857-5749

    1 in this area

    70 Total Sales

    Section Image
  • Jessica Alves

    Buyer's Agent in 2023

    Jessica Alves

    Coldwell Banker Realty

    (209) 202-4675

    1 in this area

    38 Total Sales

    Section Image
See All Agents

Map

Source: MLSListings

MLS Number: ML81918767

MLSListings

APN: 481-15-011

California Santa Clara County San Jose 95116 Little Portugal

1686 Shortridge Ave, San Jose, CA

This home is located at 1686 Shortridge Ave, San Jose, CA 95116 since 14 February 2023. This property was built in 1956. 1686 Shortridge Ave is a home located in Santa Clara County with nearby schools including Anne Darling Elementary, Muwekma Ohlone Middle, and San Jose High School.

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