NOT LISTED FOR SALE
4 Beds
2 Baths
1,682 Sq Ft
6,621 Sq Ft Lot

Last Sold June 14, 2017

Last sale price $1,800,000 $1,070 Per Sq Ft

Highlights

  • Wood Flooring
  • 2 Car Detached Garage
  • Built-In Barbecue
  • Springer Elementary School Rated A+
  • Tile Countertops
  • Forced Air Heating System

About This Home

As of June 2017

Prime location!! Excellent investment opportunity that is seldomly available in this neighborhood...offering top-notch tenants, top Los Altos schools, convenience to groceries, coffee, downtown Los Altos and downtown Mountain View, biking distance to Caltrain and to Google! Ready for your personal updates with big upsides, this duplex has hardwood floors, large windows, excellent floorplans, large private yards, 1 car garage each, separate laundry, separate meters, and are light, bright, and sunny, making for pleasant places to live! Also a great chance to live in the Los Altos school district for an affordable price as a large owner-occupied house by opening one common wall...do not miss this one!!

Last Agent to Sell the Property

Eric Fischer-Colbrie

Intero Real Estate Services License #00922040 Listed on: 05/18/2017

Intero Real Estate Services

Last Buyer's Agent

nicholas french

Christie's International Real Estate Sereno License #01350085

Christie's International Real Estate Sereno

Property Details

Home Type

  • Multi-Family

Year Built

  • 1957

Lot Details

  • 6,621 Sq Ft Lot
  • Fenced
  • Grass Covered Lot
  • Back Yard

Parking

  • 2 Car Detached Garage

Home Design

  • Duplex
  • Shingle Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,682 Sq Ft Home
  • 1-Story Property
  • Wood Flooring
  • Washer and Dryer Hookup

Kitchen

  • Electric Oven
  • Dishwasher
  • Tile Countertops
  • Disposal

Outdoor Features

  • Built-In Barbecue

Utilities

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

Listing and Financial Details

  • Total Actual Rent $50,000

Community Details

Overview

Amenities

  • Courtyard

Building Details

  • 2 Leased Units
  • Gardener Expense $1,080
  • Insurance Expense $2,130
  • Maintenance Expense $1,222
  • Operating Expense $7,681
  • Gross Income $48,500

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: 1682
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1957

Interior Features

  • Kitchen: Built-In Bbq Grill, Countertop - Tile, Dishwasher, Garbage Disposal, Oven Range - Electric
  • Living Sq Ft: 1682
  • Stories: 1
  • Laundry: Hookups Only
  • Flooring: Hardwood

Exterior Features

  • Foundation: Concrete Perimeter
  • Roof: Shingle
  • Yard/Grounds: Back Yard, Courtyard, Fenced, Low Maintenance

Garage/Parking

  • Garage Spaces: 2
  • Parking Spaces: 2
  • Garage Parking Features: Common Parking Area, Detached Garage

Utilities

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

Schools

  • High School: 266

Lot Info

  • Lot Acres: 0.1520
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 6615.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 6615.00

Rental Info

  • Existing Lease Term(s): Month To Month
  • Gross Rent Multiplier: 35.96
  • Number Of Leased: 2

Multi Family

  • Utilities: Individual Electric Meters, Individual Gas Meters, Public Utilities
  • Expense Insurance: 2130
  • Expense Landscape: 1080
  • Expense Maintenance: 1222
  • Expenses Total: 7681
  • Income Annual Gross: 48500.00
  • Income Annual Rental: 50000
  • Income Gross Scheduled: 50000
  • Income Includes: Rents
  • Meters: Separate Electric, Separate Gas
  • Number Of Buildings: 1
  • Operating Expenses Include: Fee - Professional Services, Services - Gardener, Vacancy Factor
  • Tenant Expenses: Services - Trash Removal, Utilities - Electric, Utilities - Gas, Utilities - Water
  • Vacancy Factor: 3

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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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
06/14/2017 06/14/17 Sold $1,800,000 +0.1% $1,070 / Sq Ft
05/19/2017 05/19/17 Pending -- -- --
05/18/2017 05/18/17 For Sale $1,798,000 -- $1,069 / 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: ML81652154

MLSListings

APN: 189-22-005