$1,550,000
SOLD JAN 26, 2022
6 Beds
4 Baths
2,552 Sq Ft
7,471 Sq Ft Lot

Recently Sold

$607 Per Sq Ft

2% Above List Price

10 Days on Market

Highlights

  • Granite Countertops
  • Double Pane Windows
  • Washer and Dryer
  • Balcony
  • Guest Parking
  • Grass Covered Lot

About This Home

As of January 2022

A Gem for Investors-Excellent 4 plex in highly desirable Rose Garden neighborhood. Double Pane windows, Updated units. Owner has minimal expenses. Tenants also have extra car spots. Conveniently located with easy access to Santana Row, Westfield Shop Center, Santa Clara University, new Google Campus, O'Conner Hospital, Downtown SJ & HWYS 17/880/280. Each unit has a water heater and washer/dryer. Covered carports with additional storage and Updated TREX deck stairs. DO NOT DISTURB TENANTS

Last Agent to Sell the Property

Shelly Chou

Coldwell Banker Realty License #01888765 Listed on: 01/10/2022

Coldwell Banker Realty

Last Buyer's Agent

Trisha La

Trusted Realty & Mortgage License #01364757

Trusted Realty & Mortgage

Property Details

Home Type

  • Multi-Family

Year Built

  • 1953

Lot Details

  • 7,471 Sq Ft Lot
  • Grass Covered Lot

Home Design

  • Quadruplex
  • Wood Frame Construction
  • Tar and Gravel Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 2,552 Sq Ft Home
  • 2-Story Property
  • Double Pane Windows
  • Washer and Dryer

Kitchen

  • Built-In Oven
  • Gas Oven
  • Gas Cooktop
  • Granite Countertops
  • Tile Countertops

Flooring

  • Carpet
  • Laminate

Parking

  • 1 Parking Space
  • 3 Carport Spaces
  • Guest Parking
  • On-Street Parking

Additional Features

  • Energy-Efficient HVAC
  • Balcony
  • Wall Furnace

Listing and Financial Details

  • Total Actual Rent $79,000

Community Details

Overview

Building Details

  • 4 Leased Units
  • Gardener Expense $1,800
  • Insurance Expense $1,372
  • Maintenance Expense $1,000
  • Utility Expense $100
  • Trash Expense $180
  • Operating Expense $23,214
  • Gross Income $79,000

Property Details

Home Type

Multi-Family

Year Built

1953

Lot Details

0

Listing Details

  • Zoning: R3
  • Subclass: Fourplex
  • Age: 69
  • Listing Class: Residential Income (2-4 Units)
  • Structure Sq Ft: 2552
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1953

Interior Features

  • Kitchen: Cooktop - Gas, Countertop - Granite, Countertop - Other, Countertop - Tile, Oven - Built-In, Oven - Gas, Varies By Unit
  • Living Sq Ft: 2552
  • Stories: 2
  • Laundry: Washer / Dryer
  • Flooring: Carpet, Laminate

Exterior Features

  • Foundation: Concrete Perimeter
  • Roof: Tar And Gravel
  • Yard/Grounds: Balcony / Patio, Low Maintenance
  • Construction Type: Wood Frame

Garage/Parking

  • Parking Spaces: 1
  • Garage Parking Features: Carport, Guest / Visitor Parking, On Street, Parking Area
  • Carport Min: 3

Utilities

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

Schools

  • School District: San Jose Unified
  • Elementary School: Merritt Trace Elementary
  • Middle School: Herbert Hoover Middle
  • High School: Abraham Lincoln High
  • High School: 347
  • Elementary School: 381
  • Middle School: 340

Lot Info

  • Lot Acres: 0.1715
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 7471.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 7471.00

Green Features

  • Energy Features: Double Pane Windows, Energy Star Hvac

Rental Info

  • Existing Lease Term(s): Month To Month
  • Gross Rent Multiplier: 19.22
  • Number Of Leased: 4

Multi Family

  • Utilities: Public Utilities
  • Expense Insurance: 1372
  • Expense Landscape: 1800
  • Expense Maintenance: 1000
  • Expenses Total: 23214
  • Expenses Utility: 100
  • Expense Trash: 180
  • Income Annual Gross: 79000.00
  • Income Annual Rental: 79000
  • Income Gross Scheduled: 79000
  • Income Includes: Rents
  • Meters: Master Electric, Master Gas, Separate Common Area, Separate Electric, Separate Gas, Separate Water
  • Number Of Buildings: 1
  • Operating Expenses Include: Fee - Property Tax, Insurance, Utilities
  • Tenant Expenses: Utilities - Electric, Utilities - Gas

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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
01/26/2022 01/26/22 Sold $1,550,000 +2.1% $607 / Sq Ft
01/21/2022 01/21/22 Pending -- -- --
01/10/2022 01/10/22 For Sale $1,518,000 +12.4% $595 / Sq Ft
08/18/2018 08/18/18 Sold $1,350,000 0.0% $529 / Sq Ft
06/24/2018 06/24/18 Pending -- -- --
06/15/2018 06/15/18 Price Changed $1,350,000 -9.3% $529 / Sq Ft
05/30/2018 05/30/18 For Sale $1,488,888 -- $583 / 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: ML81874035

MLSListings

APN: 274-27-074