NOT LISTED FOR SALE
4 Beds
3 Baths
2,182 Sq Ft
0.28 Acres

Last Sold March 21, 2018

Last sale price $2,300,000 $1,054 Per Sq Ft

8 Days on Market

Highlights

  • 3 Car Detached Garage
  • Forced Air Heating System
  • 1-Story Property
  • West Valley Elementary School Rated A-

About This Home

As of March 2018

Outstanding duplex with fantastic schools! Live in 1 unit, rent out the other. Rent out both units. Live in both units. Each unit feels like a separate home with private entrances, parking, kitchens, washer/dryer hookups, and yards. Unit A has new linoleum in the kitchen. Unit B has new carpet in living areas and bedrooms. Both units were just painted and are currently vacant. With great cash flow potential and endless possibilities, this is an opportunity not to be missed! Private cul-de-sac location a short distance from large employers (Apple, Google, El Camino Hospital, PAMF), convenient amenities (Trader Joes, Lucky, Ranch 99, Felipes Produce Mkt), top schools in sought after Cupertino Union School District (West Valley Elem, Cupertino Middle, Homestead High), Rancho San Antonio (~4000 acres of open space) and major commute routes (280, 85, 237, Foothill, Homestead, Grant). Financial statements available.

Last Agent to Sell the Property

Andy Wong

Christie's International Real Estate Sereno License #01355319 Listed on: 03/06/2018

Christie's International Real Estate Sereno

Last Buyer's Agent

Mandana Simai

Christie's International Real Estate Sereno License #01437800

Christie's International Real Estate Sereno

Property Details

Home Type

  • Multi-Family

Year Built

  • 1961

Lot Details

  • 0.28

Parking

  • 3 Car Detached Garage
  • Off-Street Parking

Home Design

  • Duplex
  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 2,182 Sq Ft Home
  • 1-Story Property
  • Crawl Space
  • Washer and Dryer Hookup

Additional Features

  • 0.28 Acre Lot
  • Forced Air Heating System

Listing and Financial Details

  • Total Actual Rent $65,090

Community Details

Overview

  • 2,182 Sq Ft Building

Building Details

  • Gardener Expense $1,440
  • Insurance Expense $956
  • Maintenance Expense $305
  • Manager Expense $5,207
  • Utility Expense $625
  • Operating Expense $13,477
  • Gross Income $65,090

Property Details

Home Type

Multi-Family

Year Built

1961

Lot Details

0

Parking

3

Listing Details

  • Zoning: R1
  • Subclass: Duplex
  • Age: 57
  • Listing Class: Residential Income (2-4 Units)
  • Structure Sq Ft: 2182
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1961

Interior Features

  • Living Sq Ft: 2182
  • Stories: 1
  • Laundry: Hookups Only

Exterior Features

  • Foundation: Concrete Perimeter, Crawl Space, Sealed Crawlspace
  • Roof: Composition

Garage/Parking

  • Garage Spaces: 3
  • Garage Parking Features: Detached Garage, Off-Street Parking

Utilities

  • Heating System: Central Forced Air
  • Sewer/Septic System: Sewer - Public

Schools

  • School District: Fremont Union High
  • Elementary School: West Valley Elementary
  • Middle School: Cupertino Middle
  • High School: Homestead High
  • High School: 258
  • Elementary School: 100
  • Middle School: 70

Lot Info

  • Lot Acres: 0.2790
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 12154.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 12154.00

Rental Info

  • Existing Lease Term(s): Building Vacant
  • Gross Rent Multiplier: 30.70

Multi Family

  • Utilities: Public Utilities
  • Expense Insurance: 956
  • Expense Landscape: 1440
  • Expense Maintenance: 305
  • Expense Management: 5207
  • Expenses Total: 13477
  • Expenses Utility: 625
  • Income Annual Gross: 65090.00
  • Income Annual Rental: 65090
  • Income Gross Scheduled: 65090
  • Meters: Master Water, Separate Electric, Separate Gas
  • Number Of Buildings: 2
  • Operating Expenses Include: Fee - Property Management, Maintenance - Repair, Services - Gardener, Utilities - Water
  • Tenant Expenses: Services - Trash Removal, Utilities - Electric, Utilities - Gas

Range of Values:

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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
03/21/2018 03/21/18 Sold $2,300,000 +15.1% $1,054 / Sq Ft
03/15/2018 03/15/18 Pending -- -- --
03/06/2018 03/06/18 For Sale $1,998,000 -- $916 / 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: ML81695130

MLSListings

APN: 318-26-029