NOT LISTED FOR SALE
8 Beds
5 Baths
3,758 Sq Ft
7,362 Sq Ft Lot

Last Sold November 17, 2017

Last sale price $2,100,000 $559 Per Sq Ft

8 Days on Market

Highlights

  • Balcony
  • Fireplace
  • Coin Laundry
  • Del Mar High School Rated A-
  • Tile Flooring
  • Level Lot

About This Home

As of November 2017

Rare Fourplex near Rosegarden area of San Jose! This well maintained, and cared for Residential Income Property is a delight. Unit #1 is a 1196 SF 2Bedroom/2Bath residence with an option for a 3rd Bedroom/Den/Office. Update approximately three years ago, it shows great. Equipped with it's own wood burning fireplace and private ground floor patio. Unit 2 is located on the ground floor and adjacent to Unit 1. This 1Bed/1Bath 676SF unit is charming and quaint. Warm colors throughout add to the coziness of this well cared for unit. Unit 3 is a 2Bed/1Bath 962 SF residence. Located on the second floor, it to has been well cared for. Unit 4 is also a 2Bed/!bath 940SF that shows very well. A short walk to the coin operated laundry and 5 car carport is convenient and efficient for all long time residents. Located with Campbell Unified School District. Close to Santana Row, Valley Fair, O'Connor Hospital, freeways, entertainment, shopping, and restaurants. Come make this one yours!

Last Agent to Sell the Property

Robert Reichert

RCB Real Estate Group License #01348154 Listed on: 10/17/2017

Last Buyer's Agent

Ralph Rodriguez

Compass License #01169616

Compass

Property Details

Home Type

  • Multi-Family

Year Built

  • 1965

Lot Details

  • 7,362 Sq Ft Lot
  • Level Lot
  • Sprinklers on Timer
  • Grass Covered Lot

Home Design

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

Interior Spaces

  • 3,758 Sq Ft Home
  • 2-Story Property
  • Fireplace

Kitchen

  • Electric Oven
  • Formica Countertops
  • Disposal

Flooring

  • Carpet
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • Low Flow Toliet
  • Low Flow Shower

Parking

  • 5 Carport Spaces
  • No Garage
  • On-Street Parking

Outdoor Features

  • Balcony

Utilities

  • Cooling System Mounted To A Wall/Window
  • Wall Furnace
  • Vented Exhaust Fan
  • 220 Volts
  • Sewer Within 50 Feet

Listing and Financial Details

  • Total Actual Rent $60,672
  • Renewal Option

Community Details

Overview

Amenities

  • Coin Laundry

Building Details

  • 4 Leased Units
  • Gardener Expense $2,000
  • Insurance Expense $1,680
  • Maintenance Expense $2,600
  • Other Expense $1,200
  • Utility Expense $1,765
  • Operating Expense $14,645
  • Gross Income $60,929

Property Details

Home Type

Multi-Family

Year Built

1965

Lot Details

0

Listing Details

  • Zoning: R3H
  • Subclass: Fourplex
  • Style: Ranch
  • Age: 52
  • Listing Class: Residential Income (2-4 Units)
  • Structure Sq Ft: 3758
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1965

Interior Features

  • Kitchen: 220 Volt Outlet, Countertop - Formica, Exhaust Fan, Garbage Disposal, Oven - Electric, Pantry Cabinet, Refrigerator
  • Living Sq Ft: 3758
  • Stories: 2
  • Laundry: Coin Operated
  • Flooring: Carpet, Laminate, Tile

Exterior Features

  • Foundation: Concrete Perimeter, Wood Frame
  • Roof: Composition
  • Yard/Grounds: Balcony / Patio, Low Maintenance, Sprinklers - Auto, Sprinklers - Lawn
  • Construction Type: Wood Frame

Garage/Parking

  • Garage Parking Features: Carport, No Garage, On Street
  • Carport Min: 5

Utilities

  • Cooling System: Window / Wall Unit
  • Heating System: Fireplace, Wall Furnace
  • Sewer/Septic System: Sewer - Public, Sewer In Street

Schools

  • School District: Campbell Union High

Lot Info

  • Lot Description: Grade - Level
  • Lot Acres: 0.1690
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 7360.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 7360.00

Green Features

  • Energy Features: Low Flow Shower, Low Flow Toilet

Rental Info

  • Existing Lease Term(s): 1 Year Lease, Lease Agreement - Written, Renewal Option, Security Deposit
  • Gross Rent Multiplier: 35.39
  • Number Of Leased: 4

Multi Family

  • Utilities: Public Utilities
  • Expense Insurance: 1680
  • Expense Landscape: 2000
  • Expense Maintenance: 2600
  • Expenses Other: 1200
  • Expenses Total: 14645
  • Expenses Utility: 1765
  • Income Annual Gross: 60929.00
  • Income Annual Rental: 60672
  • Income Gross Scheduled: 62172
  • Income Includes: Laundry, Rents
  • Income Other: 1500
  • Meters: Master Electric, Master Gas
  • Number Of Buildings: 1
  • Operating Expenses Include: Maintenance - Repair, Miscellaneous/Other, Services - Gardener
  • Tenant Expenses: Maintenance - Interior, Miscellaneous/Other, Utilities - Electric, Utilities - Gas, Utilities - Water
  • 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
11/17/2017 11/17/17 Sold $2,100,000 -4.5% $559 / Sq Ft
10/26/2017 10/26/17 Pending -- -- --
10/22/2017 10/22/17 Price Changed $2,199,999 -4.3% $585 / Sq Ft
10/17/2017 10/17/17 For Sale $2,299,999 -- $612 / 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: ML81681894

MLSListings

APN: 274-40-058