NOT LISTED FOR SALE

1820 Welch Ave San Jose, CA 95112

Fairgrounds Neighborhood
8 Beds
4 Baths
3,685 Sq Ft
8,089 Sq Ft Lot

Last Sold February 09, 2021

Last sale price $1,725,000 $468 Per Sq Ft

66 Days on Market

About This Home

As of February 2021

Remodel done recently. Double pane windows, Quartz countertops. Fully occupied.

Last Agent to Sell the Property

Moxa Chiu

Real Estate eBroker Inc License #01397293 Listed on: 11/05/2020

Real Estate eBroker Inc

Last Buyer's Agent

Kathy Kang

ABC Realty & Investment License #01244443

Property Details

Home Type

  • Multi-Family

Year Built

  • 1961

Lot Details

  • 8,089 Sq Ft Lot

Parking

  • 4 Car Garage

Home Design

  • Quadruplex
  • Pillar, Post or Pier Foundation
  • Composition Roof

Interior Spaces

  • 3,685 Sq Ft Home
  • 2-Story Property
  • Fire Sprinkler System

Utilities

  • Cooling System Mounted To A Wall/Window
  • Forced Air Heating System
  • Heating System Uses Gas
  • Separate Meters
  • Individual Gas Meter
  • Septic Tank

Listing and Financial Details

  • Total Actual Rent $99,000
  • Month-to-Month Lease Term

Community Details

Overview

Building Details

  • 4 Leased Units
  • Gardener Expense $900
  • Insurance Expense $3,704
  • Maintenance Expense $1,402
  • Manager Expense $7,920
  • Utility Expense $79
  • Trash Expense $95
  • Operating Expense $31,964
  • Gross Income $97,020

Property Details

Home Type

Multi-Family

Year Built

1961

Lot Details

0

Parking

4

Listing Details

  • Zoning: RM
  • Subclass: Fourplex
  • Age: 59
  • Listing Class: Residential Income (2-4 Units)
  • Structure Sq Ft: 3685
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1961

Interior Features

  • Living Sq Ft: 3685
  • Stories: 2
  • Security: Fire System - Sprinkler

Exterior Features

  • Foundation: Post And Pier
  • Roof: Composition

Garage/Parking

  • Garage Spaces: 4
  • Parking Spaces: 4
  • Garage Parking Features: Attached Garage

Utilities

  • Cooling System: Window / Wall Unit
  • Heating System: Forced Air, Gas
  • Sewer/Septic System: Septic Connected

Schools

  • School District: East Side Union High

Lot Info

  • Lot Acres: 0.1857
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 8090.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 8090.00

Rental Info

  • Existing Lease Term(s): 1 Year Lease, Lease Agreement - Written, Month To Month
  • Gross Rent Multiplier: 18.99
  • Number Of Leased: 4

Multi Family

  • Utilities: Individual Electric Meters, Individual Gas Meters, Public Utilities
  • Expense Insurance: 3704
  • Expense Landscape: 900
  • Expense Maintenance: 1402
  • Expense Management: 7920
  • Expenses Total: 31964
  • Expenses Utility: 79
  • Expense Trash: 95
  • Income Annual Gross: 97020.00
  • Income Annual Rental: 99000
  • Income Gross Scheduled: 99000
  • Income Includes: Rents
  • Meters: Separate Electric, Separate Gas
  • Number Of Buildings: 1
  • Operating Expenses Include: Fee - Property Management, Fee - Property Tax, Insurance, Loan - Business
  • Tenant Expenses: Rent Only, Utilities - Electric, Utilities - Gas
  • Vacancy Factor: 2

Range of Values:

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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 Change Sq Ft Price
02/09/2021 02/09/21 Sold $1,725,000 0.0% $468 / Sq Ft
01/11/2021 01/11/21 Pending -- -- --
12/11/2020 12/11/20 Off Market $1,725,000 -- --
12/08/2020 12/08/20 For Sale $1,880,000 0.0% $510 / Sq Ft
11/15/2020 11/15/20 Pending -- -- --
11/05/2020 11/05/20 For Sale $1,880,000 +17.9% $510 / Sq Ft
06/08/2018 06/08/18 Sold $1,595,000 0.0% $433 / Sq Ft
05/06/2018 05/06/18 Pending -- -- --
04/20/2018 04/20/18 For Sale $1,595,000 -- $433 / Sq Ft
Source: MLSListings

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Moxa Chiu

    Seller's Agent in 2021

    Moxa Chiu

    Real Estate eBroker Inc

    (650) 479-6183

    1 in this area

    2 Total Sales

    Section Image

  • K

    Buyer's Agent in 2021

    Kathy Kang

    ABC Realty & Investment

    (408) 385-1892

    1 in this area

    4 Total Sales

    Section Image

  • E

    Seller's Agent in 2018

    Eduardo Cerna

    Elan Management

See All Agents

Map

Source: MLSListings

MLS Number: ML81818999

MLSListings

APN: 477-29-013

California Santa Clara County San Jose 95112 Fairgrounds

1820 Welch Ave, San Jose, CA

This home is located at 1820 Welch Ave, San Jose, CA 95112 since 05 November 2020. This property was built in 1961. 1820 Welch Ave is a home located in Santa Clara County with nearby schools including George Shirakawa Sr. Elementary School, Sylvandale Middle School, and Yerba Buena High School.

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