NOT LISTED FOR SALE

180 Selwyn Dr Milpitas, CA 95035

6 Beds
4 Baths
2,448 Sq Ft
10,799 Sq Ft Lot

Last Sold March 14, 2019

Last sale price $1,315,000 $537 Per Sq Ft

63 Days on Market

Highlights

  • 1-Story Property
  • Alexander Rose Elementary School Rated A-
  • 2-minute walk to Selwyn Park

About This Home

As of March 2019

Please do not disturb tenants. Great potential investment property in Milpitas. No Rent Control. Rents are below market. On-site Laundry facility. Extra space in the backyard. Check with City if you can build an Accessory Dwelling Unit (ADU) for extra income. Sellers prefer to sell "As Is" in its present condition. Subject to 1031 Exchange.

Last Agent to Sell the Property

Melinda Collins

Songs Realty & Inv Co License #01178494 Listed on: 10/01/2018

Co-Listed By

Vince Songcayawon

Songs Realty & Inv Co License #00795030

Last Buyer's Agent

Judie Wertheimer

Werthmeimer, Judie License #00855991

Property Details

Home Type

  • Multi-Family

Year Built

  • 1960

Lot Details

  • 10,799 Sq Ft Lot

Home Design

  • Quadruplex
  • Shingle Roof

Interior Spaces

  • 2,448 Sq Ft Home
  • 1-Story Property

Parking

  • 4 Carport Spaces
  • On-Street Parking

Utilities

  • Heating System Uses Gas
  • Separate Meters
  • Individual Gas Meter

Listing and Financial Details

  • Total Actual Rent $79,680

Community Details

Overview

Building Details

  • 4 Leased Units
  • Gardener Expense $800
  • Insurance Expense $2,437
  • Maintenance Expense $3,840
  • Manager Expense $3,984
  • Utility Expense $4,039
  • Trash Expense $2,335
  • Operating Expense $27,759
  • Gross Income $80,282

Property Details

Home Type

Multi-Family

Year Built

1960

Lot Details

10,799 Sq Ft Lot

Listing Details

  • Zoning: R3S
  • Subclass: Fourplex
  • Listing Class: Residential Income (2-4 Units)
  • Structure Sq Ft: 2448
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1960

Interior Features

  • Living Sq Ft: 2448
  • Stories: 1

Exterior Features

  • Roof: Shingle

Garage/Parking

  • Garage Parking Features: On Street
  • Carport Min: 4

Utilities

  • Heating System: Gas
  • Sewer/Septic System: Sewer - Public

Lot Info

  • Lot Acres: 0.2479
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 10800.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 10800.00

Rental Info

  • Existing Lease Term(s): Month To Month
  • Gross Rent Multiplier: 18.06
  • Number Of Leased: 4

Multi Family

  • Utilities: Individual Electric Meters, Individual Gas Meters, Public Utilities
  • Expense Insurance: 2437
  • Expense Landscape: 800
  • Expense Maintenance: 3840
  • Expense Management: 3984
  • Expenses Total: 27759
  • Expenses Utility: 4039
  • Expense Trash: 2335
  • Income Annual Gross: 80282.00
  • Income Annual Rental: 79680
  • Income Gross Scheduled: 80282
  • Income Includes: Rents
  • Income Other: 602
  • Meters: Master Water
  • Number Of Buildings: 1
  • Operating Expenses Include: Fee - Property Management, Fee - Property Tax, Insurance, Loan - Mortgage, Maintenance, Maintenance - Exterminator, Maintenance - Repair, Services - Trash Removal, Utilities - Water
  • Tenant Expenses: Utilities - Electric, Utilities - Gas
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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
03/14/2019 03/14/19 Sold $1,315,000 -9.3% $537 / Sq Ft
12/04/2018 12/04/18 Pending -- -- --
10/01/2018 10/01/18 For Sale $1,450,000 -- $592 / 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 $16,769 $1,466,903 $1,003,965 $462,938
2024 $16,769 $1,438,141 $984,280 $453,861
2023 $16,718 $1,409,943 $964,981 $444,962
2022 $16,648 $1,382,298 $946,060 $436,238
2021 $16,408 $1,355,195 $927,510 $427,685
2020 $16,123 $1,341,300 $918,000 $423,300
2019 $11,236 $918,793 $540,467 $378,326
2018 $10,671 $900,778 $529,870 $370,908
2017 $10,535 $883,117 $519,481 $363,636
2016 $10,113 $865,802 $509,296 $356,506
2015 $10,012 $852,797 $501,646 $351,151
2014 $9,751 $836,093 $491,820 $344,273
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81725834

MLSListings

APN: 088-03-041

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