NOT LISTED FOR SALE

1965 Park Ave San Jose, CA 95126

Rose Garden Neighborhood
4 Beds
4 Baths
2,324 Sq Ft
8,446 Sq Ft Lot

Last Sold July 26, 2023

Last sale price $1,395,000 $600 Per Sq Ft

28 Days on Market

Highlights

  • Washer and Dryer
  • Carpet
  • 1-Story Property

About This Home

As of July 2023

Welcome! Centrally located income property in the heart of San Jose. Rose garden area with all the amenities of Downtown but off the beaten path in this highly desired neighborhood. Close to many great restaurants and cafes with plenty of options for shopping. Three well maintained units with easy access to The Alameda, Hwy 880, and an easy commute North and South, East and West. Want to take the train, bus, light rail? Walking distance to the Diridon Station transportation hub. Large lot with plenty of parking, serious growth potential if you want to add more units. Income property with the feel of home, front yard lawn, BBQ space and more. Seperate laundry room access to both front units with individual washer/dryer for each unit; back unit has their own laundry. Great income stream for a smart investor.

Last Agent to Sell the Property

Gregory Stephens

AARE License #01441238 Listed on: 06/08/2023

AARE

Last Buyer's Agent

Gregory Stephens

AARE License #01441238 Listed on: 06/08/2023

AARE

Property Details

Home Type

  • Multi-Family

Year Built

  • 1924

Lot Details

  • 8,446

Parking

  • 4 Parking Spaces

Home Design

  • Triplex
  • Slab Foundation
  • Shingle Roof

Interior Spaces

  • 2,324 Sq Ft Home
  • 1-Story Property
  • Washer and Dryer

Flooring

  • Carpet
  • Laminate
  • Vinyl

Additional Features

  • Barbecue Area
  • 8,446 Sq Ft Lot
  • Wall Furnace

Listing and Financial Details

  • Total Actual Rent $71,400

Community Details

Overview

Building Details

  • 3 Leased Units
  • Gross Income $69,258

Property Details

Home Type

Multi-Family

Year Built

1924

Lot Details

0

Listing Details

  • Zoning: R3
  • Subclass: Triplex
  • Age: 99
  • Listing Class: Residential Income (2-4 Units)
  • Structure Sq Ft: 2324
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1924

Interior Features

  • Living Sq Ft: 2324
  • Stories: 1
  • Laundry: Washer / Dryer
  • Flooring: Carpet, Laminate, Vinyl / Linoleum

Exterior Features

  • Foundation: Concrete Slab
  • Roof: Shingle
  • Yard/Grounds: Bbq Area

Garage/Parking

  • Parking Spaces: 4
  • Garage Parking Features: Parking Area

Utilities

  • Heating System: Wall Furnace
  • Sewer/Septic System: Sewer - Public

Schools

  • School District: San Jose Unified

Lot Info

  • Lot Acres: 0.1939
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 8448.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 8448.00

Rental Info

  • Existing Lease Term(s): Month To Month
  • Gross Rent Multiplier: 20.84
  • Number Of Leased: 3

Multi Family

  • Utilities: Public Utilities
  • Income Annual Gross: 69258.00
  • Income Annual Rental: 71400
  • Income Gross Scheduled: 71400
  • Income Includes: Rents
  • Meters: Separate Electric, Separate Gas, Separate Water
  • Number Of Buildings: 1
  • Tenant Expenses: Utilities - Electric, Utilities - Gas, Utilities - Water
  • Vacancy Factor: 2

Range of Values:

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Average Value
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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
07/26/2023 07/26/23 Sold $1,395,000 -6.3% $600 / Sq Ft
07/07/2023 07/07/23 Pending -- -- --
06/08/2023 06/08/23 For Sale $1,488,000 -- $640 / Sq Ft
Source: MLSListings

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • G

    Seller's Agent in 2023

    Gregory Stephens

    AARE

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Map

Source: MLSListings

MLS Number: ML81931218

MLSListings

APN: 274-05-005

California Santa Clara County San Jose 95126 Rose Garden

1965 Park Ave, San Jose, CA

This home is located at 1965 Park Ave, San Jose, CA 95126 since 08 June 2023. This property was built in 1924. 1965 Park Ave is a home located in Santa Clara County with nearby schools including Merritt Trace Elementary, Herbert Hoover Middle School, and Abraham Lincoln High.

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