NOT LISTED FOR SALE
4 Beds
4 Baths
2,248 Sq Ft
6,316 Sq Ft Lot

Last Sold March 22, 2018

Last sale price $950,000 $423 Per Sq Ft

11 Days on Market

About This Home

As of March 2018

Fabulous downtown Victorian fourplex fixer-upper. Just a few short blocks to City Hall and all the excitement of the new Downtown. Excellent income generation. Don't miss this opportunity as it will not last long. Please do not disturb tenants. Shown by appointment only. No sign in front.

Last Agent to Sell the Property

Brett Stange

Brett Stange, Broker License #01111232 Listed on: 02/09/2018

Last Buyer's Agent

Brett Stange

Brett Stange, Broker License #01111232 Listed on: 02/09/2018

Property Details

Home Type

  • Multi-Family

Year Built

  • 1898

Lot Details

  • 6,316 Sq Ft Lot

Parking

  • On-Street Parking

Home Design

  • Quadruplex
  • Victorian Architecture
  • Wood Frame Construction
  • Composition Roof

Interior Spaces

  • 2,248 Sq Ft Home
  • 2-Story Property
  • High Ceiling

Utilities

  • Wall Furnace
  • Separate Meters
  • Individual Gas Meter

Listing and Financial Details

  • Total Actual Rent $78,744

Community Details

Overview

Building Details

  • 3 Leased Units
  • Insurance Expense $1,328
  • Maintenance Expense $591
  • Other Expense $1,928
  • Utility Expense $1,041
  • Trash Expense $1,593
  • Operating Expense $18,831
  • Gross Income $76,382

Property Details

Home Type

Multi-Family

Year Built

1898

Lot Details

0

Listing Details

  • Zoning: RM
  • Subclass: Fourplex
  • Style: Victorian
  • Age: 120
  • Listing Class: Residential Income (2-4 Units)
  • Structure Sq Ft: 2248
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1898

Interior Features

  • Living Sq Ft: 2248
  • Stories: 2

Exterior Features

  • Roof: Composition
  • Construction Type: Wood Frame

Garage/Parking

  • Garage Parking Features: On Street

Utilities

  • Heating System: Wall Furnace
  • Sewer/Septic System: Sewer Connected

Association/Amenities

  • Amenities Miscellaneous: High Ceiling

Schools

  • School District: San Jose Unified
  • Elementary School: Horace Mann Elementary
  • Middle School: Peter Burnett Middle
  • High School: San Jose High Academy
  • High School: 349
  • Elementary School: 371
  • Middle School: 337

Lot Info

  • Lot Description: Regular
  • Lot Acres: 0.1450
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 6315.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 6315.00

Rental Info

  • Existing Lease Term(s): Month To Month
  • Gross Rent Multiplier: 12.55
  • Number Of Leased: 3

Multi Family

  • Utilities: Individual Electric Meters, Individual Gas Meters
  • Expense Insurance: 1328
  • Expense Maintenance: 591
  • Expenses Other: 1928
  • Expenses Total: 18831
  • Expenses Utility: 1041
  • Expense Trash: 1593
  • Income Annual Gross: 76382.00
  • Income Annual Rental: 78744
  • Income Gross Scheduled: 78744
  • Income Includes: Rents
  • Meters: Master Water, Separate Electric, Separate Gas
  • Number Of Buildings: 1
  • Operating Expenses Include: Fee - Property Tax, Insurance, Services - Trash Removal, Utilities - Electric, Utilities - Gas, Utilities - Water
  • Tenant Expenses: Utilities - Electric, Utilities - Gas
  • Vacancy Factor: 3

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
03/22/2018 03/22/18 Sold $950,000 -3.8% $423 / Sq Ft
02/21/2018 02/21/18 Pending -- -- --
02/09/2018 02/09/18 For Sale $988,000 -- $440 / 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: ML81691938

MLSListings

APN: 467-18-031