NOT LISTED FOR SALE
4 Beds
2 Baths
1,441 Sq Ft
4,896 Sq Ft Lot

Last Sold June 30, 2023

Last sale price $1,351,000 $938 Per Sq Ft

57 Days on Market

About This Home

As of June 2023

Welcome to this well maintained duplex in the heart of Santa Clara, situated minutes away from the esteemed Santa Clara University. This property is an incredible investment opportunity for the savvy buyer. Boasting two separate units, each complete with spacious living areas, and ample natural light. The first floor offers a separate living and dining area, a bright and airy kitchen, two generous bedrooms, and bathroom. The second-floor unit offers a similarly spacious layout, with 2 generously sized bedrooms, a comfortable living room, a well-equipped kitchen, and bathroom. With its prime location near SCU, this duplex is a fantastic opportunity for student housing or rental income. This property offers an amazing chance for the savvy investor to capitalize on a prime income-generating asset in a thriving area of Santa Clara.

Last Agent to Sell the Property

Jessica Alves

Coldwell Banker Realty License #02071903 Listed on: 04/11/2023

Coldwell Banker Realty

Co-Listed By

Team Russ Homes

Coldwell Banker Realty License #70010202

Last Buyer's Agent

Suraj Pakhrin

Everest Realty Group License #02039847

Property Details

Home Type

  • Multi-Family

Year Built

  • 1894

Lot Details

  • 4,896 Sq Ft Lot

Home Design

  • Duplex
  • Slab Foundation
  • Shingle Roof

Interior Spaces

  • 1,441 Sq Ft Home
  • 2-Story Property

Flooring

  • Laminate
  • Tile

Parking

  • 2 Parking Spaces
  • On-Street Parking
  • Unassigned Parking

Utilities

  • Cooling System Mounted To A Wall/Window
  • Wall Furnace

Listing and Financial Details

  • Total Actual Rent $60,000

Community Details

Overview

Building Details

  • Gardener Expense $1,200
  • Insurance Expense $2,000
  • Utility Expense $1,200
  • Trash Expense $720
  • Operating Expense $20,120
  • Gross Income $57,000

Property Details

Home Type

Multi-Family

Year Built

1894

Lot Details

0

Listing Details

  • Zoning: R16L
  • Subclass: Duplex
  • Age: 129
  • Listing Class: Residential Income (2-4 Units)
  • Structure Sq Ft: 1441
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1894

Interior Features

  • Living Sq Ft: 1441
  • Stories: 2
  • Flooring: Laminate, Tile

Exterior Features

  • Foundation: Concrete Slab
  • Roof: Shingle

Garage/Parking

  • Parking Spaces: 2
  • Garage Parking Features: On Street, Unassigned Spaces

Utilities

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

Schools

  • School District: Santa Clara Unified

Lot Info

  • Lot Acres: 0.1124
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 4895.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 4895.00

Rental Info

  • Gross Rent Multiplier: 19.97

Multi Family

  • Utilities: Public Utilities
  • Expense Insurance: 2000
  • Expense Landscape: 1200
  • Expenses Total: 20120
  • Expenses Utility: 1200
  • Expense Trash: 720
  • Income Annual Gross: 57000.00
  • Income Annual Rental: 60000
  • Income Gross Scheduled: 60000
  • Income Includes: Rents
  • Meters: Master Gas
  • Number Of Buildings: 1
  • Vacancy Factor: 5

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
06/30/2023 06/30/23 Sold $1,351,000 +12.8% $938 / Sq Ft
06/07/2023 06/07/23 Pending -- -- --
05/31/2023 05/31/23 For Sale $1,198,000 0.0% $831 / Sq Ft
05/04/2023 05/04/23 Pending -- -- --
04/11/2023 04/11/23 For Sale $1,198,000 -- $831 / 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: ML81923500

MLSListings

APN: 224-24-050