$1,260,000
SOLD APR 23, 2025
4 Beds
4 Baths
2,140 Sq Ft
5,001 Sq Ft Lot

Recently Sold

$589 Per Sq Ft

12% Below List Price

137 Days on Market

Highlights

  • Solar Power System
  • Stone Countertops
  • Forced Air Heating and Cooling System
  • Wood Flooring
  • Walk-In Closet
  • Washer and Dryer

About This Home

As of April 2025

Welcome to this modern vacant House, a prime opportunity for investors or buyers looking to generate additional income. Each of the three distinct units offers its own private entrance, catering to a variety of living arrangements. The main unit features 3 bedrooms and 2 bathrooms, while the second unit is a cozy studio with 1 bath. The third unit is a standalone garage, thoughtfully transformed into a stylish 1-bath casita. All units are freshly updated with modern finishes, including stainless steel appliances, stone countertops, and new flooring. The property boasts a spacious backyard, perfect for entertaining or unwinding, alongside ample off-street parking. With Tesla solar panels on the main house, enjoy reduced utility bills. Seize this incredible chance to own a beautifully updated multi-unit property in San Jose!

Last Agent to Sell the Property

Rajesh Jindal

Compass License #02073243 Listed on: 10/31/2024

Compass

Co-Listed By

John Jenkins

Compass License #01291177

Last Buyer's Agent

B Repollo

Real Estate Source, Inc. License #01419120

Real Estate Source, Inc.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $19,571

Year Built

  • 1960

Lot Details

  • 5,001 Sq Ft Lot
  • Security Fence
  • Grass Covered Lot
  • Back Yard

Home Design

  • Triplex
  • Slab Foundation
  • Composition Roof

Interior Spaces

  • Walk-In Closet
  • 2,140 Sq Ft Home
  • 1-Story Property
  • Washer and Dryer

Kitchen

  • Dishwasher
  • Stone Countertops
  • Disposal

Flooring

  • Wood
  • Tile

Parking

  • 3 Parking Spaces
  • Carport
  • Off-Street Parking

Additional Features

  • Solar Power System
  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Total Actual Rent $91,200

Community Details

Overview

Building Details

  • 1 Leased Unit
  • Insurance Expense $2,500
  • Utility Expense $1,200
  • Trash Expense $960
  • Operating Expense $19,950
  • Gross Income $91,200

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$19,571

Year Built

1960

Lot Details

0

Listing Details

  • Zoning: R1-8
  • Subclass: Triplex
  • Age: 64
  • Listing Class: Residential Income (2-4 Units)
  • Structure Sq Ft: 2140
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1960

Interior Features

  • Kitchen: Countertop - Stone, Dishwasher, Garbage Disposal
  • Living Sq Ft: 2140
  • Stories: 1
  • Security: Security Fence
  • Laundry: Washer/Dryer - Some Units
  • Flooring: Tile, Hardwood

Exterior Features

  • Foundation: Concrete Slab
  • Roof: Composition
  • Yard/Grounds: Back Yard, Low Maintenance

Garage/Parking

  • Parking Spaces: 3
  • Garage Parking Features: Carport, Off-Street Parking

Utilities

  • Cooling System: Central Ac
  • Heating System: Central Forced Air
  • Sewer/Septic System: Sewer - Public

Association/Amenities

  • Amenities Miscellaneous: Walk-In Closet

Schools

  • School District: East Side Union High

Lot Info

  • Lot Acres: 0.1148
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 5000.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 5000.00

Green Features

  • Energy Features: Solar Power

Rental Info

  • Existing Lease Term(s): 1 Year Lease
  • Gross Rent Multiplier: 14.46
  • Number Of Leased: 1

Multi Family

  • Utilities: Public Utilities
  • Expense Insurance: 2500
  • Expenses Total: 19950
  • Expenses Utility: 1200
  • Expense Trash: 960
  • Income Annual Gross: 91200.00
  • Income Annual Rental: 91200
  • Income Gross Scheduled: 91200
  • Meters: Master Electric, Master Gas, Master Water
  • Number Of Buildings: 1
  • Tenant Expenses: Services - Trash Removal, Utilities - Electric, Utilities - Water

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 3, 2024
Closed on
Apr 18, 2025
Sold by
Sidhant Kumar Jain Trust and Jain Paras Kumar
Bought by
Oviso Carlo F and Dumon Rizel V
Seller's Agent
Rajesh Jindal
Compass
List Price
$1,429,000
Views
213

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-23.27%
Original Mortgage
$975,000
Outstanding Balance
$974,144
Interest Rate
6.65%
Mortgage Type
New Conventional
Estimated Equity
$270,194

Purchase Details

Listed on
Jun 20, 2023
Closed on
Aug 8, 2023
Sold by
Lopez Luis Fernando
Bought by
Sidhant Kumar Jain Trust and Jain
Seller's Agent
Megan Archer
KW Thrive Santa Cruz
Buyer's Agent
Rajesh Jindal
Compass
List Price
$1,349,000
Sold Price
$1,333,001
Premium/Discount to List
-$15,999
-1.19%
Views
228

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-3.36%
Original Mortgage
$900,000
Interest Rate
6.38%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 6, 2017
Sold by
Castano Luz D Velez
Bought by
Lopez Luis Fernando

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$584,000
Interest Rate
4.16%
Mortgage Type
VA

Purchase Details

Closed on
Mar 14, 2017
Sold by
Flores Daniel T and Flores Anita R
Bought by
Lopez Luis Fernando

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$584,000
Interest Rate
4.16%
Mortgage Type
VA

Purchase Details

Closed on
Jul 19, 2011
Sold by
Flores Daniel T and Flores Anita R
Bought by
Elores Daniel T and Flores Anita R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,000
Interest Rate
4.45%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 8, 2010
Sold by
Sifuentes Mary R
Bought by
Flores Daniel T and Flores Anita R

Purchase Details

Closed on
Jul 24, 2007
Sold by
Sifuentes Mary R
Bought by
Sifuentes Mary R

Purchase Details

Closed on
Nov 6, 2002
Sold by
Sifuentes Mary R
Bought by
Sifuentes Mary R

Purchase Details

Closed on
Oct 13, 1994
Sold by
Sifuentes Trino A and Sifuentes Mary R
Bought by
Sifuentes Trino A and Sifuentes Mary R
Source: Public Records

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Grant Deed $1,260,000 Fidelity National Title Compan
Grant Deed $1,333,500 Cornerstone Title Company
Interfamily Deed Transfer -- Fidelity National Title Co
Grant Deed $610,000 Fidelity National Title Co
Interfamily Deed Transfer -- Fidelity National Title Co
Grant Deed $250,000 None Available
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- --
Interfamily Deed Transfer -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $975,000 New Conventional
Previous Owner $900,000 New Conventional
Previous Owner $663,300 VA
Previous Owner $584,000 VA
Previous Owner $325,000 New Conventional
Previous Owner $300,000 New Conventional
Previous Owner $270,000 New Conventional
Previous Owner $225,000 Unknown
Previous Owner $180,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/23/2025 04/23/25 Sold $1,260,000 -4.5% $589 / Sq Ft
03/17/2025 03/17/25 Pending -- -- --
03/14/2025 03/14/25 Pending -- -- --
03/04/2025 03/04/25 Price Changed $1,319,000 0.0% $616 / Sq Ft
03/04/2025 03/04/25 Price Changed $1,319,000 -4.4% $616 / Sq Ft
01/23/2025 01/23/25 Price Changed $1,379,000 0.0% $644 / Sq Ft
01/23/2025 01/23/25 Price Changed $1,379,000 -3.5% $644 / Sq Ft
11/03/2024 11/03/24 For Sale $1,429,000 0.0% $668 / Sq Ft
10/31/2024 10/31/24 For Sale $1,429,000 +7.2% $668 / Sq Ft
08/29/2023 08/29/23 Sold $1,333,001 -1.2% $623 / Sq Ft
08/02/2023 08/02/23 Pending -- -- --
07/25/2023 07/25/23 For Sale $1,349,000 0.0% $630 / Sq Ft
07/12/2023 07/12/23 Pending -- -- --
06/20/2023 06/20/23 For Sale $1,349,000 -- $630 / Sq Ft
Source: MLSListings

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $19,571 $1,333,001 $900,000 $433,001
2023 $19,571 $923,391 $524,292 $399,099
2022 $13,917 $905,286 $514,012 $391,274
2021 $12,499 $813,941 $503,934 $310,007
2020 $12,019 $790,136 $498,767 $291,369
2019 $10,286 $665,444 $488,988 $176,456
2018 $9,757 $622,200 $479,400 $142,800
2017 $2,249 $47,322 $19,083 $28,239
2016 $2,141 $46,395 $18,709 $27,686
2015 $2,113 $45,699 $18,428 $27,271
2014 $1,304 $44,805 $18,068 $26,737
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81984511

MLSListings

APN: 491-11-022