NOT LISTED FOR SALE

187 S 12th St San Jose, CA 95112

Naglee Park Neighborhood
7 Beds
4 Baths
3,647 Sq Ft
6,403 Sq Ft Lot

Last Sold March 24, 2015

Last sale price $1,623,000 $445 Per Sq Ft

16 Days on Market

Highlights

  • Deck
  • Victorian Architecture
  • Granite Countertops
  • Wood Flooring
  • High Ceiling
  • Balcony

About This Home

As of March 2015

INCREDIBLE QUALITY, INCOME, AND LOCATION! FULLY REMODELED VICTORIAN TRIPLEX IN DESIRABLE NAGLEE PARK LOCATION. $8450 PER MONTH, $100K+ ANNUAL ACTUAL RENTAL INCOME, NOT PRO FORMA. TREE LINED QUIET STREET, RESIDENTIAL NEIGHBORHOOD, WALK TO DOWNTOWN. GREAT UNIT MIX AND TENANTS WILL RENT IN ANY MKT. HIGH END FINISHES, TOO MANY FEATURES TO LIST. ALL UNITS HAVE W/D AND SEPARATE STORAGE SHEDS. 2 CAR GARAGE. LOW TO NO DEFERRED MAINTENANCE. TURNKEY INVESTMENT PROPERTY!

Last Agent to Sell the Property

Scott Poncetta

KW Bay Area Estates License #01497030 Listed on: 02/17/2015

KW Bay Area Estates

Last Buyer's Agent

Mike Herkenrath

Pavicich Realty License #01498867

Property Details

Home Type

  • Multi-Family

Year Built

  • 1904

Lot Details

  • 6,403 Sq Ft Lot
  • Fenced
  • Level Lot
  • Sprinklers on Timer
  • Back Yard

Parking

  • 2 Car Detached Garage
  • Secured Garage or Parking
  • On-Street Parking

Home Design

  • Triplex
  • Victorian Architecture
  • Slab Foundation
  • Composition Roof
  • Masonry

Interior Spaces

  • Walk-In Closet
  • 3,647 Sq Ft Home
  • 2-Story Property
  • High Ceiling
  • Washer and Dryer

Kitchen

  • Built-In Oven
  • Gas Cooktop
  • Range Hood
  • Ice Maker
  • Dishwasher
  • Granite Countertops
  • Disposal

Flooring

  • Wood
  • Tile

Home Security

  • Security Lights
  • Security Gate
  • Alarm System

Outdoor Features

  • Balcony
  • Deck
  • Fire Pit
  • Shed

Utilities

  • Forced Air Heating and Cooling System
  • Separate Meters
  • Water Softener

Listing and Financial Details

  • Total Actual Rent $100,800

Community Details

Overview

Amenities

  • Courtyard

Building Details

  • 3 Leased Units
  • Gardener Expense $900
  • Insurance Expense $2,226
  • Maintenance Expense $1,500
  • Utility Expense $2,040
  • Trash Expense $720
  • Operating Expense $21,650
  • Gross Income $99,792

Property Details

Home Type

Multi-Family

Year Built

1904

Lot Details

0

Parking

2

Listing Details

  • Zoning: R1
  • Subclass: Triplex
  • Style: Victorian
  • Age: 111
  • Listing Class: Residential Income (2-4 Units)
  • Structure Sq Ft: 3647
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1904

Interior Features

  • Kitchen: Appliances - Vary By Unit, Cooktop - Gas, Countertop - Granite, Countertop - Other, Dishwasher, Garbage Disposal, Hood Over Range, Ice Maker, Oven - Built-In, Refrigerator
  • Living Sq Ft: 3647
  • Stories: 2
  • Security: Secured Garage / Parking, Security Alarm, Security Lights
  • Laundry: Washer / Dryer
  • Flooring: Hardwood, Tile
  • Additional Rooms: Storage

Exterior Features

  • Foundation: Concrete Slab
  • Roof: Composition
  • Yard/Grounds: Back Yard, Balcony / Patio, Courtyard, Deck, Fenced, Fire Pit, Sprinklers - Auto, Storage Shed / Structure
  • Construction Type: Masonry, Steel, Wood

Garage/Parking

  • Garage Spaces: 2
  • Parking Spaces: 4
  • Garage Parking Features: Detached Garage, On Street, Room For Oversized Vehicle

Utilities

  • Cooling System: Central Ac
  • Heating System: Central Forced Air - Gas, Forced Air
  • Sewer/Septic System: Sewer Connected

Association/Amenities

  • Amenities Miscellaneous: High Ceiling, Security Gate, Walk-In Closet

Schools

  • School District: San Jose Unified

Lot Info

  • Lot Description: Grade - Level
  • Lot Acres: 0.1470
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 6400.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 6400.00

Rental Info

  • Existing Lease Term(s): Less Than 1 Yr
  • Gross Rent Multiplier: 16.25
  • Number Of Leased: 3

Multi Family

  • Utilities: Individual Electric Meters, Public Utilities
  • Expense Insurance: 2226
  • Expense Landscape: 900
  • Expense Maintenance: 1500
  • Expenses Total: 21650
  • Expenses Utility: 2040
  • Expense Trash: 720
  • Income Annual Gross: 99792.00
  • Income Annual Rental: 100800
  • Income Gross Scheduled: 100800
  • Income Includes: Rents
  • Meters: Master Gas, Separate Electric
  • Number Of Buildings: 1
  • Operating Expenses Include: Fee - Property Tax, Loan - Mortgage, Loan - Principle & Interest, Maintenance, Services - Gardener, Services - Trash Removal, Utilities - Water, Vacancy Factor
  • Tenant Expenses: Utilities - Electric, Utilities - Gas
  • Vacancy Factor: 1

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
03/24/2015 03/24/15 Sold $1,623,000 -0.9% $445 / Sq Ft
03/05/2015 03/05/15 Pending -- -- --
02/17/2015 02/17/15 For Sale $1,638,000 -- $449 / Sq Ft
Source: MLSListings

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Scott Poncetta

    Seller's Agent in 2015

    Scott Poncetta

    KW Bay Area Estates

    (408) 757-1007

    52 Total Sales

    Section Image
  • Mike Herkenrath

    Buyer's Agent in 2015

    Mike Herkenrath

    Pavicich Realty

    (408) 499-4440

    1 in this area

    35 Total Sales

    Section Image
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Map

Source: MLSListings

MLS Number: ML81451172

MLSListings

APN: 467-26-011

California Santa Clara County San Jose 95112 Naglee Park

187 S 12th St, San Jose, CA

This home is located at 187 S 12th St, San Jose, CA 95112 since 17 February 2015. This property was built in 1904. 187 S 12th St is a home located in Santa Clara County with nearby schools including Horace Mann Elementary School, Muwekma Ohlone Middle, and San Jose High School.

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