$1,765,000
SOLD DEC 20, 2024
8 Beds
4 Baths
3,328 Sq Ft
6,900 Sq Ft Lot

Recently Sold

$530 Per Sq Ft

5% Below List Price

17 Days on Market

About This Home

As of December 2024

1801 Bradford Way, San Jose, CA 95124 is an outstanding investment opportunity in the highly sought-after Santa Clara County. This well-maintained fourplex is ideally located in the desirable Cambrian Park area of West San Jose, offering a prime combination of location and potential returns. The property features a versatile unit mix, consisting of four spacious 2-bedroom, 1-bath units, each with designated carports and access to an on-site washer/dryer. With approximately 3,328 square feet of living space on a 0.16-acre lot, this property presents an excellent opportunity for investors seeking consistent rental income and long-term appreciation. What distinguishes 1801 Bradford Way is its prime location and recent exterior updates. Situated near major thoroughfares, including Highways 85, 17, and 280, this property is a convenient choice for young professionals, ensuring strong tenant demand and minimal vacancies. In addition to its prime location, the surrounding area offers even greater value. The property is less than three miles from Downtown Campbell and a short drive from Los Gatos, known for its upscale boutiques, entertainment, and dining. Major tech and business hubs such as AMD, Cisco, PayPal, FICO, Zoom, Western Digital, Adobe, and Apple headquarters.

Last Agent to Sell the Property

Dusty Blackman

Compass License #01999734 Listed on: 10/10/2024

Compass

Co-Listed By

Jodene Collings Hayes

Compass License #01962093

Last Buyer's Agent

Tam Nguyen

PHP Group, Inc License #02001904

Property Details

Home Type

  • Multi-Family

Year Built

  • 1961

Lot Details

  • 6,900 Sq Ft Lot

Home Design

  • Quadruplex
  • Rolled or Hot Mop Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 3,328 Sq Ft Home
  • 2-Story Property
  • Crawl Space

Parking

  • 4 Carport Spaces
  • Assigned Parking

Utilities

  • Wall Furnace
  • Separate Meters
  • Individual Gas Meter
  • Private Sewer

Listing and Financial Details

  • Total Actual Rent $113,088
  • Month-to-Month Lease Term

Community Details

Overview

Building Details

  • 4 Leased Units
  • Insurance Expense $3,683
  • Maintenance Expense $2,400
  • Other Expense $2,331
  • Utility Expense $4,972
  • Trash Expense $2,253
  • Operating Expense $37,624
  • Gross Income $111,635

Property Details

Home Type

Multi-Family

Year Built

1961

Lot Details

0

Listing Details

  • Zoning: RM
  • Subclass: Fourplex
  • Style: Flat
  • Age: 63
  • Listing Class: Residential Income (2-4 Units)
  • Structure Sq Ft: 3328
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1961

Interior Features

  • Living Sq Ft: 3328
  • Stories: 2

Exterior Features

  • Foundation: Concrete Perimeter, Crawl Space
  • Roof: Rolled Composition

Garage/Parking

  • Garage Parking Features: Assigned Spaces, Carport
  • Carport Min: 4

Utilities

  • Heating System: Wall Furnace
  • Sewer/Septic System: Sewer - Private

Schools

  • School District: Campbell Union High

Lot Info

  • Lot Acres: 0.1584
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 6900.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 6900.00

Rental Info

  • Existing Lease Term(s): 1 Year Lease, Month To Month
  • Gross Rent Multiplier: 16.07
  • Number Of Leased: 4

Multi Family

  • Utilities: Individual Electric Meters, Individual Gas Meters
  • Expense Insurance: 3683
  • Expense Maintenance: 2400
  • Expenses Other: 2331
  • Expenses Total: 37624
  • Expenses Utility: 4972
  • Expense Trash: 2253
  • Income Annual Gross: 111635.00
  • Income Annual Rental: 113088
  • Income Gross Scheduled: 115088
  • Income Includes: Laundry
  • Income Other: 2000
  • Meters: Master Water, Separate Common Area, Separate Electric, Separate Gas
  • Number Of Buildings: 1
  • Operating Expenses Include: Fee - Property Tax, Insurance, Maintenance - Repair, Services - Sewer, Services - Trash Removal, Utilities - Electric, Utilities - Gas, Utilities - Water, Vacancy Factor
  • Tenant Expenses: Utilities - Electric, Utilities - Gas
  • Vacancy Factor: 3

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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
12/20/2024 12/20/24 Sold $1,765,000 -4.6% $530 / Sq Ft
10/28/2024 10/28/24 Pending -- -- --
10/10/2024 10/10/24 For Sale $1,850,000 -- $556 / 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: ML81983411

MLSListings

APN: 419-04-033