NOT LISTED FOR SALE
8 Beds
-- Bath
3,217 Sq Ft
5,663 Sq Ft Lot

Last Sold November 20, 2012

Last sale price $970,000 $302 Per Sq Ft

12 Days on Market

Highlights

  • Level Lot
  • Isaac Newton Graham Middle School Rated A-
  • Carpet

About This Home

As of November 2012

Turn key investor's dream! Well maintained and updated 4 plex. Completely outfitted. All units currently rented. Great location. Walk to school, park and down town. Close to Google Campus. Newer roof and gutters. All units have updating. Newer carpets downstairs! Microwaves in all units. Toilets replaced. Covered and uncovered parking. Much, much more! A must see!

Last Agent to Sell the Property

Sharon Moreno

Berkshire Hathaway HomeServices Drysdale Prop License #01208199 Listed on: 10/19/2012

Berkshire Hathaway HomeServices Drysdale Prop

Last Buyer's Agent

Monica Yeung

Just Global Inc. License #01225247

Property Details

Home Type

  • Multi-Family

Year Built

  • 1962

Lot Details

  • 5,663

Home Design

  • Quadruplex
  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 3,217 Sq Ft Home
  • 2-Story Property

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Vinyl

Parking

  • Carport
  • Off-Street Parking

Utilities

  • Wall Furnace
  • Sewer Within 50 Feet

Additional Features

  • Energy-Efficient Insulation
  • Level Lot

Listing and Financial Details

  • Total Actual Rent $58,680
  • The owner pays for garbage, water

Community Details

Overview

  • 3,217 Sq Ft Building

Building Details

  • Insurance Expense $1,800
  • Maintenance Expense $2,400
  • Utility Expense $1,860
  • Trash Expense $2,550
  • Operating Expense $15,925
  • Gross Income $59,280

Property Details

Home Type

Multi-Family

Year Built

1962

Lot Details

0

Listing Details

  • Zoning: R32
  • Subclass: Fourplex
  • Age: 50
  • Inspections Reports: Fault Zone, Geological/Flood, Flood Zone
  • Sale Price Per Sq Ft: 301.52
  • Listing Class: Residential Income (2-4 Units)
  • Max Numberof Unitsin Complex: 4
  • Min Numberof Unitsin Complex: 4
  • Structure Sq Ft: 3217
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1962

Interior Features

  • Kitchen: Dishwasher, Varies By Unit, Garbage Disposal, Microwave, Oven Range, Refrigerator
  • Living Sq Ft: 3217
  • Stories: 2
  • Laundry: 220 Volt Outlet, Washer/Dryer - Owned, Washer/Dryer - Owned Coin-Op
  • Flooring: Carpet - Wall To Wall, Vinyl / Linoleum, Carpet

Exterior Features

  • Foundation: Concrete Perimeter
  • Roof: Composition
  • View: Local/Neighborhood

Garage/Parking

  • Garage Parking Features: Spaces Per Unit - 1, Off-Street Parking, Carport

Utilities

  • Heating System: Wall Furnace
  • Sewer/Septic System: Sewer In Street, Sewer Connected

Association/Amenities

  • Amenities Miscellaneous: Storage Locker

Schools

  • School District: Mountain View-Los Altos Union High

Lot Info

  • Lot Description: Grade - Level
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 5662.00
  • Lot Size Area Maximum Units: Square Feet
  • Lot Size Area Max Search: 5662.00
  • Lot Size Area Min Search: 5662.00
  • Maximum Lot Size: 5662.00

Green Features

  • Energy Features: Insulation - Unknown

Rental Info

  • Existing Lease Term(s): Month To Month
  • Gross Rent Multiplier: 15.18
  • Max Rent2 Bed1 Bath Units: 1330
  • Min Rent2 Bed1 Bath: 1100
  • Min Rent2 Bed1 Plus Bath Units: 1330

Multi Family

  • Expense Insurance: 1800
  • Expense Maintenance: 2400
  • Expenses Total: 15925
  • Expenses Utility: 1860
  • Expense Trash: 2550
  • Expense Water Sewer: 2550
  • Income Annual Gross: 59280.00
  • Income Annual Rental: 58680
  • Income Gross Scheduled: 59280
  • Income Includes: Laundry, Lease
  • Income Laundry: 600
  • Maximum Building Height: 2
  • Maximum Rent2 Bed1 Bath: 1230
  • Maximum Size2 Bed1 Bath: 817
  • Maximum Size2 Bed1 Plus Bath Units: 800
  • Meters: Separate Electric, Separate Gas, Master Water
  • Minimum Building Height: 2
  • Number Of Buildings: 1
  • Operating Expenses Include: Services - Trash Removal, Utilities - Water, Utilities - Gas, Insurance, Maintenance - Laundry, Maintenance - Repair, Fee - Property Tax
  • Owner Pays: Garbage, Water
  • Tenant Expenses: Utilities - Gas, Utilities - Heating, Utilities - Electric
  • Min Size2 Bed1 Bath: 800
  • Min Size2 Bed1 Plus Bath Units: 800

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
11/20/2012 11/20/12 Sold $970,000 +7.8% $302 / Sq Ft
10/31/2012 10/31/12 Pending -- -- --
10/19/2012 10/19/12 For Sale $900,000 -- $280 / 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: ML81238348

MLSListings

APN: 154-02-008