NOT LISTED FOR SALE
6 Beds
5 Baths
3,280 Sq Ft
8,276 Sq Ft Lot

Last Sold December 31, 2014

Last sale price $900,000 $274 Per Sq Ft

22 Days on Market

Highlights

  • Forced Air Heating System
  • Carpet
  • 4-minute walk to Rocksprings Park

About This Home

As of December 2014

A good opportunity to own well maintained apartment building. positive cash flow!! 2 story building, 3 one-bedroom upstairs and 3bedroom/2bath downstairs with a big private backyard. All units have one car garage. Location very close to Kelley park, freeway access and SJSU. Do not disturb tenants!

Last Agent to Sell the Property

Fay Du

Bay1st Realty & Mortgage Inc License #01758443 Listed on: 10/26/2014

Last Buyer's Agent

Rowena Wong

Intero Real Estate Services License #01808837

Intero Real Estate Services

Property Details

Home Type

  • Multi-Family

Year Built

  • 1962

Lot Details

  • 8,276

Parking

  • Private Parking

Home Design

  • Quadruplex
  • Composition Roof

Interior Spaces

  • 3,280 Sq Ft Home
  • 2-Story Property
  • Carpet

Kitchen

  • Oven or Range
  • Dishwasher
  • Disposal

Utilities

  • Forced Air Heating System

Listing and Financial Details

  • Total Actual Rent $52,099
  • The owner pays for electric, garbage, services - gardener/landscaping, gas, water

Community Details

Overview

  • 3,280 Sq Ft Building

Building Details

  • Gardener Expense $1,200
  • Insurance Expense $2,089
  • Maintenance Expense $700
  • Manager Expense $3,000
  • Other Expense $200
  • Utility Expense $2,371
  • Trash Expense $1,808
  • Operating Expense $22,384
  • Gross Income $53,299

Property Details

Home Type

Multi-Family

Year Built

1962

Lot Details

0

Listing Details

  • Zoning: R3H
  • Subclass: Fourplex
  • Age: 52
  • Inspections Reports: Flood Zone
  • Listing Class: Residential Income (2-4 Units)
  • Max Numberof Unitsin Complex: 4
  • Min Numberof Unitsin Complex: 4
  • Structure Sq Ft: 3280
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1962

Interior Features

  • Kitchen: Dishwasher, Garbage Disposal, Varies By Unit, Oven Range, Refrigerator
  • Living Sq Ft: 3280
  • Stories: 2
  • Laundry: Washer/Dryer - Leased Coin-Op
  • Flooring: Carpet, Varies By Unit

Exterior Features

  • Roof: Composition

Garage/Parking

  • Garage Parking Features: Private / Exclusive, Spaces Per Unit - 1

Utilities

  • Heating System: Central Forced Air

Schools

  • School District: East Side Union High

Lot Info

  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 8276.00
  • Lot Size Area Maximum Units: Square Feet
  • Lot Size Area Max Search: 8276.00
  • Lot Size Area Min Search: 8276.00
  • Maximum Lot Size: 8276.00

Rental Info

  • Existing Lease Term(s): Month To Month
  • Gross Rent Multiplier: 16.87

Multi Family

  • Expense Insurance: 2089
  • Expense Landscape: 1200
  • Expense Maintenance: 700
  • Expense Management: 3000
  • Expenses Other: 200
  • Expenses Total: 22384
  • Expenses Utility: 2371
  • Expense Trash: 1808
  • Expense Water Sewer: 2376
  • Income Annual Gross: 53299.00
  • Income Annual Rental: 52099
  • Income Gross Scheduled: 53299
  • Income Includes: Lease
  • Income Laundry: 1200
  • Maximum Building Height: 2
  • Meters: Separate Electric, Separate Gas
  • Minimum Building Height: 2
  • Number Of Buildings: 1
  • Operating Expenses Include: Utilities - Electric, Services - Trash Removal, Services - Gardener, Utilities - Gas, Utilities - Water, Insurance, Accounting/Legal, Fee - License/Advertising
  • Owner Pays: Electric, Garbage, Services - Gardener/Landscaping, Gas, Water
  • Tenant Expenses: Cable Tv

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 List to Sale Price per Sq Ft
12/31/2014 12/31/14 Sold $900,000 +0.1% $274 / Sq Ft
11/17/2014 11/17/14 Pending -- -- --
10/26/2014 10/26/14 For Sale $899,000 -- $274 / 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: ML81438517

MLSListings

APN: 477-29-078