NOT LISTED FOR SALE
8 Beds
4 Baths
3,328 Sq Ft
8,398 Sq Ft Lot

Last Sold September 23, 2022

Last sale price $1,998,000 $600 Per Sq Ft

164 Days on Market

Highlights

  • Laundry Room
  • Coin Laundry
  • 3-minute walk to Butcher Park
  • Branham High School Rated A
  • Carpet

About This Home

As of September 2022

Fantastic investment opportunity in great Silicon Valley location. Great 4-plex in a great location and great incomes. Located in the Cambrian Community close proximity to shopping and restaurants. as well as quick access to Highways 17 and 85. Minutes to downtown Campbell, you're located right in the middle of everything you need with Cambrian and CampbellSchool Districts. 3 units are recently remodeled, fully rented. The financials listed are directly from the owner. All units have 2 beds, 1 bath. With 3328 of living sqft. 8,364 sqft lot, each unit also features its own 1-car assigned covered parking space. On-site coin-operated laundry room for added convenience.

Last Agent to Sell the Property

Bridgete Tam Nguyen

Sunrise Realty License #01140559 Listed on: 03/17/2022

Last Buyer's Agent

Jennifer Burroughs

eXp Realty of Southern CA License #01400503

eXp Realty of Southern CA

Property Details

Home Type

  • Multi-Family

Year Built

  • 1961

Lot Details

  • 8,398 Sq Ft Lot
  • Corners Of The Lot Have Been Marked

Parking

  • 4 Car Garage
  • 4 Carport Spaces
  • On-Street Parking

Home Design

  • Quadruplex
  • Wood Frame Construction
  • Rolled or Hot Mop Roof

Interior Spaces

  • 3,328 Sq Ft Home
  • 2-Story Property
  • Laundry Room

Kitchen

  • Oven or Range
  • Gas Cooktop

Flooring

  • Carpet
  • Laminate
  • Vinyl

Utilities

  • Wall Furnace

Listing and Financial Details

  • Total Actual Rent $130,572

Community Details

Overview

Amenities

  • Coin Laundry

Building Details

  • 4 Leased Units
  • Gardener Expense $720
  • Insurance Expense $1,200
  • Utility Expense $2,477
  • Trash Expense $2,496
  • Operating Expense $25,293
  • Gross Income $134,172

Property Details

Home Type

Multi-Family

Year Built

1961

Lot Details

0

Parking

4

Listing Details

  • Zoning: R3
  • Subclass: Fourplex
  • Age: 61
  • Listing Class: Residential Income (2-4 Units)
  • Structure Sq Ft: 3328
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1961

Interior Features

  • Kitchen: Cooktop - Electric, Cooktop - Gas, Oven Range
  • Living Sq Ft: 3328
  • Stories: 2
  • Laundry: Coin Operated
  • Flooring: Carpet, Laminate, Vinyl / Linoleum
  • Additional Rooms: Laundry Room

Exterior Features

  • Roof: Rolled Composition
  • Construction Type: Wood Frame

Garage/Parking

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

Utilities

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

Schools

  • School District: Campbell Union High
  • Elementary School: Sartorette Charter
  • Middle School: Price Charter Middle
  • High School: Branham High
  • High School: 237
  • Elementary School: 47
  • Middle School: 46

Lot Info

  • Lot Description: Corners Marked
  • Lot Acres: 0.1928
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 8364.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 8364.00

Rental Info

  • Existing Lease Term(s): 1 Year Lease
  • Gross Rent Multiplier: 16.32
  • Number Of Leased: 4

Multi Family

  • Utilities: Public Utilities
  • Expense Insurance: 1200
  • Expense Landscape: 720
  • Expenses Total: 25293
  • Expenses Utility: 2477
  • Expense Trash: 2496
  • Income Annual Gross: 134172.00
  • Income Annual Rental: 130572
  • Income Gross Scheduled: 134172
  • Income Includes: Laundry
  • Income Other: 3600
  • Meters: Separate Electric, Separate Gas, Separate Water
  • Number Of Buildings: 1
  • Operating Expenses Include: Fee - Property Tax, Insurance, Utilities - Electric
  • Tenant Expenses: Utilities - Electric, Utilities - Gas, Utilities - Heating, Utilities - Hot Water, Utilities - Water

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
09/23/2022 09/23/22 Sold $1,998,000 -8.8% $600 / Sq Ft
08/28/2022 08/28/22 Pending -- -- --
07/10/2022 07/10/22 For Sale $2,189,900 0.0% $658 / Sq Ft
06/17/2022 06/17/22 Pending -- -- --
03/17/2022 03/17/22 For Sale $2,189,900 -- $658 / 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: ML81881317

MLSListings

APN: 419-04-038