$1,015,000
SOLD AUG 23, 2024

1847 Mayfair Place San Jose, CA 95116

Mayfair Neighborhood
4 Beds
2 Baths
1,884 Sq Ft
8,712 Sq Ft Lot

Recently Sold

$539 Per Sq Ft

2% Above List Price

40 Days on Market

Highlights

  • Fireplace
  • Independence High School Rated A-
  • 1-Story Property

About This Home

As of August 2024

Welcome to 1847 & 1847 1/2 Mayfair Place! Situated on a sprawling 8,712 sqft lot in a tranquil cul-de-sac, this charming duplex offers a fantastic investment opportunity. The property features two single-story homes with separate entrances, ideal for generating rental income. The front unit boasts 2 bedroom, 1 full bathroom, and approximately 850 sqft of living space. It includes a large open family room with a cozy fireplace, a separate dining area, and a kitchen with wood cabinetry, granite counters, and tile flooring. The back unit offers 2 bedrooms (including a primary), 1 full bathroom, and approximately 1037 sqft of living space. It features a welcoming family room, an eat-in kitchen, and a utility closet for storage and laundry. Both units are surrounded by large, beautifully landscaped yards with ample space for gatherings and relaxation. The front yard is adorned with a charming white picket fence, enhancing the property's curb appeal. A detached 2-car garage offers additional storage options. Conveniently located near Highways 680/101, Rancho Del Pueblo Golf Course, Emma Prusch Farm Park, and much more. Don't miss out on this amazing property.

Last Agent to Sell the Property

Joseph Portale

Compass License #01800376 Listed on: 06/13/2024

Compass

Last Buyer's Agent

Angie Nguyen

Wonder Rates License #02153618

Property Details

Home Type

  • Multi-Family

Year Built

  • 1948

Parking

  • 2 Car Garage

Home Design

  • Duplex
  • Raised Foundation
  • Composition Roof

Interior Spaces

  • 1,884 Sq Ft Home
  • 1-Story Property
  • Fireplace

Additional Features

  • 8,712 Sq Ft Lot
  • Cooling System Mounted To A Wall/Window

Listing and Financial Details

  • Total Actual Rent $53,400

Community Details

Overview

  • 1,884 Sq Ft Building

Building Details

  • 2 Leased Units
  • Insurance Expense $1,400
  • Operating Expense $13,900
  • Gross Income $53,400

Property Details

Home Type

Multi-Family

Year Built

1948

Lot Details

0

Parking

2

Listing Details

  • Zoning: R2A
  • Subclass: Duplex
  • Age: 76
  • Listing Class: Residential Income (2-4 Units)
  • Structure Sq Ft: 1884
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1948

Interior Features

  • Living Sq Ft: 1884
  • Stories: 1

Exterior Features

  • Foundation: Raised
  • Roof: Composition

Garage/Parking

  • Garage Spaces: 2
  • Parking Spaces: 2
  • Garage Parking Features: Attached Garage

Utilities

  • Cooling System: Window / Wall Unit
  • Heating System: Fireplace
  • Sewer/Septic System: Sewer - Public

Schools

  • School District: East Side Union High
  • Elementary School: Cesar Chavez Elementary
  • Middle School: Lee Mathson Middle
  • High School: Independence High
  • High School: 246
  • Elementary School: 12
  • Middle School: 11

Lot Info

  • Lot Acres: 0.2000
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 8712.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 8712.00

Rental Info

  • Existing Lease Term(s): 1 Year Lease
  • Gross Rent Multiplier: 18.69
  • Number Of Leased: 2

Multi Family

  • Utilities: Public Utilities
  • Expense Insurance: 1400
  • Expenses Total: 13900
  • Income Annual Gross: 53400.00
  • Income Annual Rental: 53400
  • Income Gross Scheduled: 53400
  • Meters: Separate Electric
  • Number Of Buildings: 2
  • Operating Expenses Include: Utilities - Electric, Utilities - Gas, Utilities - Water

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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
08/23/2024 08/23/24 Sold $1,015,000 +1.7% $539 / Sq Ft
07/24/2024 07/24/24 Pending -- -- --
06/13/2024 06/13/24 For Sale $998,000 -- $530 / Sq Ft
Source: MLSListings

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Joseph Portale

    Seller's Agent in 2024

    Joseph Portale

    Compass

    (408) 483-0552

    3 in this area

    142 Total Sales

    Joseph Portale
    Section Image
  • Angie Nguyen

    Buyer's Agent in 2024

    Angie Nguyen

    Wonder Rates

    (408) 312-8889

    2 in this area

    79 Total Sales

    Angie Nguyen
    Section Image
See All Agents

Map

Source: MLSListings

MLS Number: ML81969575

MLSListings

APN: 481-26-024

California Santa Clara County San Jose 95116 Mayfair

1847 Mayfair Place, San Jose, CA

This home is located at 1847 Mayfair Place, San Jose, CA 95116 and is currently priced at $1,015,000, approximately $538 per square foot. This property was built in 1948. 1847 Mayfair Place is a home located in Santa Clara County with nearby schools including Cesar Chavez Elementary School, Independence High School, and Ace Empower Academy.

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