NOT LISTED FOR SALE

19469 Rosemarie Place Cupertino, CA 95014

Downtown Cupertino Neighborhood
11 Beds
9 Baths
5,437 Sq Ft
0.36 Acres

Last Sold May 24, 2018

Last sale price $4,200,000 $772 Per Sq Ft

16 Days on Market

Highlights

  • Private Pool
  • 0.36 Acre Lot
  • Vaulted Ceiling
  • D. J. Sedgwick Elementary School Rated A-
  • Atrium Room
  • Granite Countertops

About This Home

As of May 2018

Massive Cupertino fourplex located walking distance to Apple Park, Cupertino High, Bay Club, and Vallco Mall. Current scheduled rent of $17,375/month. CAP Rate: 3.42% Current, 4.07% Proforma. GRM: 19.18 Current, 17.56 Proforma. 5,437 SqFt building, 15,720 SqFt lot, and swimming pool. Exceptional unit mix: one 4BR/2BR flat with atrium, and one 3BR/2.5BA and two 2BR/1.5BA townhouses. There is a bonus fifth unit consisting of a large 1BR/1BA cottage which is rented for $1,995. The 3BR/2.5BA and one 2BR/1.5BA are currently vacant and can be rented at market rate. All units have been completely renovated with high end finishes. Improvements include kitchen appliances, dishwashers, cabinets, counter-tops, plank flooring, dual pane windows, doors, interior and exterior paint, and lighting. The two, three, and four bedroom units have large private backyards and central heating and most have in-unit washer and dryer. D.J. Sedgwick Elementary, Warren E. Hyde Middle, and Cupertino High.

Last Agent to Sell the Property

Ismael Benhamida

Marcus & Millichap License #01722847 Listed on: 02/21/2018

Marcus & Millichap

Last Buyer's Agent

Agnes Yu

Bayreal Properties License #01387937

Property Details

Home Type

  • Multi-Family

Year Built

  • 1963

Lot Details

  • 0.36 Acre Lot
  • Security Fence
  • Level Lot

Parking

  • 1 Car Detached Garage
  • 5 Carport Spaces
  • On-Street Parking
  • Uncovered Parking
  • Off-Street Parking
  • Assigned Parking

Home Design

  • Quadruplex
  • Wood Frame Construction
  • Shingle Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • Walk-In Closet
  • 5,437 Sq Ft Home
  • 2-Story Property
  • Vaulted Ceiling
  • Ceiling Fan
  • Skylights
  • Atrium Room
  • Security Gate

Kitchen

  • Electric Oven
  • Electric Cooktop
  • Freezer
  • Dishwasher
  • Granite Countertops

Flooring

  • Laminate
  • Tile

Laundry

  • Laundry Room
  • Washer and Dryer

Pool

  • Private Pool

Utilities

  • Forced Air Heating System
  • Separate Meters
  • Individual Gas Meter

Listing and Financial Details

  • Total Actual Rent $208,500

Community Details

Overview

  • 5,437 Sq Ft Building

Building Details

  • 3 Leased Units
  • Gardener Expense $1,735
  • Insurance Expense $1,724
  • Maintenance Expense $2,500
  • Other Expense $2,930
  • Utility Expense $5,896
  • Trash Expense $2,957
  • Operating Expense $67,671
  • Gross Income $204,330

Property Details

Home Type

Multi-Family

Year Built

1963

Lot Details

0

Parking

1

Listing Details

  • Zoning: R3H
  • Subclass: Fourplex
  • Age: 55
  • Listing Class: Residential Income (2-4 Units)
  • Structure Sq Ft: 5437
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1963

Interior Features

  • Kitchen: Cooktop - Electric, Countertop - Granite, Dishwasher, Freezer, Oven Range - Electric, Refrigerator
  • Living Sq Ft: 5437
  • Stories: 2
  • Security: Security Fence
  • Laundry: Washer/Dryer - Some Units
  • Flooring: Laminate, Tile
  • Additional Rooms: Atrium, Laundry Room, Storage

Exterior Features

  • Foundation: Concrete Perimeter
  • Pool Description: Yes
  • Roof: Shingle
  • Pool: Community Facility, Pool - Fenced, Pool - In Ground
  • Construction Type: Wood Frame

Garage/Parking

  • Garage Spaces: 1
  • Parking Spaces: 2
  • Garage Parking Features: Assigned Spaces, Carport, Common Parking Area, Covered Parking, Detached Garage, Off-Street Parking, On Street, Parking Area, Uncovered Parking, Varies By Unit
  • Carport Min: 5

Utilities

  • Cooling System: Ceiling Fan
  • Heating System: Central Forced Air - Gas
  • Sewer/Septic System: Sewer - Public

Association/Amenities

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

Schools

  • School District: Fremont Union High
  • Elementary School: D. J. Sedgwick Elementary
  • Middle School: Warren E. Hyde Middle
  • High School: Cupertino High
  • High School: 256
  • Elementary School: 94
  • Middle School: 81

Lot Info

  • Lot Description: Grade - Level
  • Lot Acres: 0.3609
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 15720.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 15720.00

Rental Info

  • Existing Lease Term(s): 1 Year Lease, Less Than 1 Yr
  • Gross Rent Multiplier: 19.18
  • Number Of Leased: 3

Multi Family

  • Utilities: Individual Electric Meters, Individual Gas Meters, Public Utilities
  • Expense Insurance: 1724
  • Expense Landscape: 1735
  • Expense Maintenance: 2500
  • Expenses Other: 2930
  • Expenses Total: 67671
  • Expenses Utility: 5896
  • Expense Trash: 2957
  • Income Annual Gross: 204330.00
  • Income Annual Rental: 208500
  • Income Gross Scheduled: 208500
  • Income Includes: Owners Unit Rental
  • Meters: Master Water, Separate Electric, Separate Gas
  • Number Of Buildings: 2
  • Operating Expenses Include: Fee - Property Tax, Insurance, Maintenance - Pool/Spa, Maintenance - Repair, Reserve Fund, Services - Gardener, Services - Trash Removal, Utilities - Electric, Utilities - Gas, Utilities - Water, Vacancy Factor
  • Tenant Expenses: Utilities - Electric, Utilities - Gas
  • Vacancy Factor: 2

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
05/24/2018 05/24/18 Sold $4,200,000 +5.1% $772 / Sq Ft
03/10/2018 03/10/18 Pending -- -- --
02/21/2018 02/21/18 For Sale $3,998,000 -- $735 / Sq Ft
Source: MLSListings

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • I

    Seller's Agent in 2018

    Ismael Benhamida

    Marcus & Millichap

    Section Image

  • A

    Buyer's Agent in 2018

    Agnes Yu

    Bayreal Properties

    (408) 306-2110

    2 in this area

    34 Total Sales

    Agnes Yu
    Section Image
See All Agents

Map

Source: MLSListings

MLS Number: ML81693334

MLSListings

APN: 375-01-006

California Santa Clara County Cupertino 95014 Downtown Cupertino

19469 Rosemarie Place, Cupertino, CA

This home is located at 19469 Rosemarie Place, Cupertino, CA 95014 since 21 February 2018. This property was built in 1963. 19469 Rosemarie Place is a home located in Santa Clara County with nearby schools including D. J. Sedgwick Elementary School, Warren E. Hyde Middle School, and Cupertino High School.

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