NOT LISTED FOR SALE
4 Beds
2 Baths
1,760 Sq Ft
7,318 Sq Ft Lot

Last Sold November 20, 2015

Last sale price $1,672,125 $950 Per Sq Ft

10 Days on Market

Highlights

  • Wood Flooring
  • Granite Countertops
  • 2 Car Attached Garage
  • Springer Elementary School Rated A+
  • Enclosed Parking
  • Forced Air Heating System

About This Home

As of November 2015

Prime location and prime investment! Walk to top Los Altos schools: Springer-Blach-Mtn View High; easy to coffee groceries bus Caltrain Castro St shops/restaurants, and downtown Los Altos! Live in one or attract excellent tenants w/beautifully remodeled w/granite kitchen new stainless appliances hardwood floors new interior/exterior paint double pane windows! Light/bright w/skylights and lots of windows, large backyard with deck, planter boxes and room to play! Each unit has 1 car garage and lots of privacy

Last Agent to Sell the Property

Eric Fischer-Colbrie

Intero Real Estate Services License #00922040 Listed on: 09/24/2015

Intero Real Estate Services

Last Buyer's Agent

John Sieling

KW Bay Area Living License #00898568

Property Details

Home Type

  • Multi-Family

Year Built

  • 1957

Lot Details

  • 7,318 Sq Ft Lot

Parking

  • 2 Car Attached Garage
  • Enclosed Parking

Home Design

  • Duplex
  • Shingle Roof
  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,760 Sq Ft Home
  • 1-Story Property
  • Skylights in Kitchen
  • Wood Flooring
  • Washer and Dryer Hookup

Kitchen

  • Gas Oven
  • Microwave
  • Dishwasher
  • Granite Countertops
  • Disposal

Utilities

  • Forced Air Heating System
  • Separate Meters
  • Individual Gas Meter

Listing and Financial Details

  • Total Actual Rent $72,300

Community Details

Overview

  • 1,760 Sq Ft Building

Building Details

  • 1 Leased Unit
  • Gardener Expense $1,200
  • Insurance Expense $2,500
  • Utility Expense $300
  • Trash Expense $1,000
  • Operating Expense $26,000
  • Gross Income $70,131

Property Details

Home Type

Multi-Family

Year Built

1957

Lot Details

0

Parking

2

Listing Details

  • Zoning: R2
  • Subclass: Duplex
  • Style: Ranch
  • Listing Class: Residential Income (2-4 Units)
  • Structure Sq Ft: 1760
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1957

Interior Features

  • Kitchen: Countertop - Granite, Dishwasher, Garbage Disposal, Microwave, Oven - Gas, Oven Range - Built-In, Gas, Skylight, Varies By Unit
  • Living Sq Ft: 1760
  • Stories: 1
  • Laundry: Hookups Only
  • Flooring: Hardwood

Exterior Features

  • Foundation: Concrete Perimeter
  • Roof: Composition, Shingle

Garage/Parking

  • Garage Spaces: 2
  • Parking Spaces: 2
  • Garage Parking Features: Attached Garage, Enclosed

Utilities

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

Schools

  • High School: 266

Lot Info

  • Lot Acres: 0.1680
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 7322.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 7322.00

Rental Info

  • Existing Lease Term(s): Month To Month
  • Gross Rent Multiplier: 24.20
  • Number Of Leased: 1

Multi Family

  • Utilities: Individual Electric Meters, Individual Gas Meters, Public Utilities
  • Expense Insurance: 2500
  • Expense Landscape: 1200
  • Expenses Total: 26000
  • Expenses Utility: 300
  • Expense Trash: 1000
  • Income Annual Gross: 70131.00
  • Income Annual Rental: 72300
  • Income Gross Scheduled: 72300
  • Income Includes: Lease
  • Meters: Master Water, Separate Electric, Separate Gas
  • Number Of Buildings: 2
  • Operating Expenses Include: Services - Gardener, Services - Sewer, Services - Trash Removal, Vacancy Factor
  • Tenant Expenses: Utilities - Electric, Utilities - Gas, Utilities - Water
  • Vacancy Factor: 3
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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
11/20/2015 11/20/15 Sold $1,672,125 -4.5% $950 / Sq Ft
10/05/2015 10/05/15 Pending -- -- --
09/24/2015 09/24/15 For Sale $1,750,000 -- $994 / Sq Ft
Source: MLSListings

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $23,013 $1,979,449 $1,742,693 $236,756
2024 $23,013 $1,940,637 $1,708,523 $232,114
2023 $22,688 $1,902,586 $1,675,023 $227,563
2022 $22,512 $1,865,281 $1,642,180 $223,101
2021 $22,637 $1,828,708 $1,609,981 $218,727
2020 $22,819 $1,809,958 $1,593,473 $216,485
2019 $21,632 $1,774,470 $1,562,229 $212,241
2018 $21,401 $1,739,678 $1,531,598 $208,080
2017 $20,585 $1,705,567 $1,501,567 $204,000
2016 $20,091 $1,672,125 $1,472,125 $200,000
2015 $12,805 $1,033,389 $810,438 $222,951
2014 $12,667 $1,013,147 $794,563 $218,584
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81515988

MLSListings

APN: 189-23-006

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