NOT LISTED FOR SALE
4 Beds
2 Baths
1,584 Sq Ft
6,817 Sq Ft Lot

Last Sold June 16, 2021

Last sale price $899,000 $568 Per Sq Ft

9 Days on Market

Highlights

  • 2 Car Attached Garage
  • Independence High School Rated A-
  • 1-Story Property

About This Home

As of June 2021

Fantastic investment opportunity on a large corner lot duplex located in the heart of San Jose. Side-by-side units each with an attached 1-car garage. Both units have 2 bedrooms and 1 bathroom and a separate yard. Both units rented and no vacancy history. Tenants are on month-to-month lease. Easy access to freeway 280/101, retail plazas and business parks. Do not disturb tenants. Drive by only please.

Last Agent to Sell the Property

Cindy Blanco

Intero Real Estate Services License #01435984 Listed on: 04/29/2021

Intero Real Estate Services

Last Buyer's Agent

Cindy Blanco

Intero Real Estate Services License #01435984 Listed on: 04/29/2021

Intero Real Estate Services

Property Details

Home Type

  • Multi-Family

Year Built

  • 1959

Lot Details

  • 6,817 Sq Ft Lot

Parking

  • 2 Car Attached Garage
  • On-Street Parking

Home Design

  • Duplex
  • Composition Roof

Interior Spaces

  • 1,584 Sq Ft Home
  • 1-Story Property

Listing and Financial Details

  • Total Actual Rent $45,768

Community Details

Overview

Building Details

  • 2 Leased Units
  • Gardener Expense $500
  • Insurance Expense $1,015
  • Maintenance Expense $2,000
  • Utility Expense $2,400
  • Operating Expense $13,647
  • Gross Income $45,768

Property Details

Home Type

Multi-Family

Year Built

1959

Lot Details

0

Parking

2

Listing Details

  • Zoning: R2
  • Subclass: Duplex
  • Listing Class: Residential Income (2-4 Units)
  • Structure Sq Ft: 1584
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1959

Interior Features

  • Living Sq Ft: 1584
  • Stories: 1

Exterior Features

  • Roof: Composition

Garage/Parking

  • Garage Spaces: 2
  • Parking Spaces: 2
  • Garage Parking Features: Attached Garage, On Street

Utilities

  • Sewer/Septic System: Sewer Connected

Lot Info

  • Lot Acres: 0.1565
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 6816.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 6816.00

Rental Info

  • Existing Lease Term(s): Month To Month
  • Gross Rent Multiplier: 19.64
  • Number Of Leased: 2

Multi Family

  • Utilities: Public Utilities
  • Expense Insurance: 1015
  • Expense Landscape: 500
  • Expense Maintenance: 2000
  • Expenses Total: 13647
  • Expenses Utility: 2400
  • Income Annual Gross: 45768.00
  • Income Annual Rental: 45768
  • Income Gross Scheduled: 45768
  • Income Includes: Rents
  • Meters: Master Water, Separate Electric, Separate Gas
  • Number Of Buildings: 1
  • Operating Expenses Include: Maintenance - Repair, Services - Sewer, Services - Trash Removal, Utilities - Water
  • Tenant Expenses: Maintenance, Utilities - Electric, Utilities - Gas, Utilities - Hot Water

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Average Value
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List Price
Sold Price
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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
06/16/2021 06/16/21 Sold $899,000 0.0% $568 / Sq Ft
05/09/2021 05/09/21 Pending -- -- --
04/29/2021 04/29/21 For Sale $899,000 -- $568 / Sq Ft
Source: MLSListings

Tax History Compared to Growth

Source: Public Records

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 $14,513 $973,104 $805,328 $167,776
2024 $14,513 $954,025 $789,538 $164,487
2023 $15,163 $935,319 $774,057 $161,262
2022 $15,445 $916,980 $758,880 $158,100
2021 $8,039 $408,335 $207,126 $201,209
2020 $7,733 $404,149 $205,003 $199,146
2019 $7,463 $396,226 $200,984 $195,242
2018 $7,328 $388,458 $197,044 $191,414
2017 $7,313 $380,842 $193,181 $187,661
2016 $6,922 $373,376 $189,394 $183,982
2015 $6,521 $367,769 $186,550 $181,219
2014 $5,561 $360,566 $182,896 $177,670
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81841511

MLSListings

APN: 481-26-001