NOT LISTED FOR SALE

190 Oak St San Martin, CA 95046

5 Beds
4 Baths
2,208 Sq Ft
0.29 Acres

Last Sold June 09, 2023

Last sale price $1,039,000 $471 Per Sq Ft

12 Days on Market

Highlights

  • 2 Car Attached Garage
  • Forced Air Heating System
  • 1-Story Property

About This Home

As of June 2023

Great opportunity to own a Duplex with Cash flow. 190 Oak St. is 3 bedrooms, 2 bathrooms, a bit rough on the inside but has long term tenants who would like to stay. 170 Oak St (other side of the duplex) is 2 bedrooms, 2 bathrooms and has been completely remodeled. Fresh paint in and out, all new Luxury Vinyl Plank flooring. New kitchen counters, sink, fixtures lighting & hardware. Both bathrooms have new flooring, paint, vanities, sink and fixtures. Both sides have been Re-Piped, Septic system has been pumped, inspected and new leach lines installed on both sides. Good size corner lot, adding an ADU may be a possibility, buyer to determine it that is possible.

Last Agent to Sell the Property

Rick Smith

KW Bay Area Estates License #00907087 Listed on: 04/27/2023

KW Bay Area Estates

Last Buyer's Agent

RECIP

Out of Area Office License #00000000

Property Details

Home Type

  • Multi-Family

Year Built

  • 1958

Lot Details

  • 0.29 Acre Lot

Parking

  • 2 Car Attached Garage
  • On-Street Parking

Home Design

  • Duplex
  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 2,208 Sq Ft Home
  • 1-Story Property

Utilities

  • Forced Air Heating System
  • Wall Furnace
  • Separate Meters
  • Individual Gas Meter
  • Septic Tank

Listing and Financial Details

  • Total Actual Rent $73,380

Community Details

Overview

Building Details

  • 1 Leased Unit
  • Insurance Expense $8,802
  • Maintenance Expense $1,200
  • Operating Expense $14,098
  • Gross Income $69,711

Property Details

Home Type

Multi-Family

Year Built

1958

Lot Details

0

Parking

2

Listing Details

  • Zoning: A1-5A
  • Subclass: Duplex
  • Listing Class: Residential Income (2-4 Units)
  • Structure Sq Ft: 2208
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1958

Interior Features

  • Living Sq Ft: 2208
  • Stories: 1

Exterior Features

  • Foundation: Concrete Perimeter
  • Roof: Composition

Garage/Parking

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

Utilities

  • Heating System: Central Forced Air - Gas, Wall Furnace
  • Sewer/Septic System: Existing Septic

Lot Info

  • Lot Acres: 0.2930
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 12763.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 12763.00

Rental Info

  • Existing Lease Term(s): Lease Agreement - Written, Less Than 1 Yr
  • Gross Rent Multiplier: 14.16
  • Number Of Leased: 1

Multi Family

  • Utilities: Individual Electric Meters, Individual Gas Meters, Public Utilities
  • Expense Insurance: 8802
  • Expense Maintenance: 1200
  • Expenses Total: 14098
  • Income Annual Gross: 69711.00
  • Income Annual Rental: 73380
  • Income Gross Scheduled: 73380
  • Income Includes: Rents
  • Meters: Separate Electric, Separate Gas
  • Number Of Buildings: 1
  • Operating Expenses Include: Fee - Property Management
  • Tenant Expenses: Utilities - Electric, Utilities - Gas, Utilities - Heating, Utilities - Hot Water, Utilities - Water
  • 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 List to Sale Price per Sq Ft
06/09/2023 06/09/23 Sold $1,039,000 0.0% $471 / Sq Ft
05/10/2023 05/10/23 Pending -- -- --
04/27/2023 04/27/23 For Sale $1,039,000 -- $471 / Sq Ft
Source: MLSListings

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Rick Smith

    Seller's Agent in 2023

    Rick Smith

    KW Bay Area Estates

    (408) 482-0539

    1 in this area

    71 Total Sales

    Rick Smith
    Section Image

  • R

    Buyer's Agent in 2023

    RECIP

    Out of Area Office

See All Agents

Map

Source: MLSListings

MLS Number: ML81926199

MLSListings

APN: 825-02-069

California Santa Clara County San Martin 95046

190 Oak St, San Martin, CA

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