NOT LISTED FOR SALE
3 Beds
2 Baths
1,292 Sq Ft
7,501 Sq Ft Lot

Last Sold June 25, 2021

Last sale price $855,000 $662 Per Sq Ft

5 Days on Market

Highlights

  • Guest Parking
  • Ceiling Fan
  • 1-Story Property
  • Independence High School Rated A-

About This Home

As of June 2021

Opportunity awaits with this San Jose duplex! Great rents in place with a perfect unit mix of 2/1 and 1/1. Both units include upgraded kitchens with granite counters and upgraded floors throughout. Plenty of parking and storage on this expansive 7,500 sq ft lot! Ample street parking as well as extra-long driveway parking for both units. Close proximity to major commute arteries including 680 and 101. Reach out today for more information.

Last Agent to Sell the Property

Andrew Meunier

Coldwell Banker Realty License #01933603 Listed on: 05/20/2021

Coldwell Banker Realty

Last Buyer's Agent

Joann Lin

Joann Lin, Broker License #01224939

Property Details

Home Type

  • Multi-Family

Year Built

  • 1950

Lot Details

  • 7,501

Home Design

  • Duplex
  • Shingle Roof
  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,292 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan

Parking

  • 4 Parking Spaces
  • Guest Parking
  • On-Street Parking
  • Uncovered Parking
  • Off-Street Parking

Additional Features

  • 7,501 Sq Ft Lot
  • Wall Furnace

Listing and Financial Details

  • Total Actual Rent $52,224

Community Details

Overview

Building Details

  • 2 Leased Units
  • Gardener Expense $800
  • Insurance Expense $1,600
  • Maintenance Expense $1,000
  • Utility Expense $940
  • Trash Expense $440
  • Operating Expense $9,180
  • Gross Income $50,657

Property Details

Home Type

Multi-Family

Year Built

1950

Lot Details

0

Listing Details

  • Zoning: R1-8
  • Subclass: Duplex
  • Age: 71
  • Listing Class: Residential Income (2-4 Units)
  • Structure Sq Ft: 1292
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1950

Interior Features

  • Living Sq Ft: 1292
  • Stories: 1

Exterior Features

  • Foundation: Concrete Perimeter And Slab
  • Roof: Composition, Shingle

Garage/Parking

  • Parking Spaces: 4
  • Garage Parking Features: Guest / Visitor Parking, Off-Street Parking, On Street, Uncovered Parking

Utilities

  • Cooling System: Ceiling Fan
  • Heating System: Wall Furnace
  • Sewer/Septic System: Sewer - Public

Schools

  • School District: East Side Union High

Lot Info

  • Lot Acres: 0.1722
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 7500.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 7500.00

Rental Info

  • Existing Lease Term(s): Month To Month, Security Deposit
  • Gross Rent Multiplier: 15.30
  • Number Of Leased: 2

Multi Family

  • Utilities: Public Utilities
  • Expense Insurance: 1600
  • Expense Landscape: 800
  • Expense Maintenance: 1000
  • Expenses Total: 9180
  • Expenses Utility: 940
  • Expense Trash: 440
  • Income Annual Gross: 50657.00
  • Income Annual Rental: 52224
  • Income Gross Scheduled: 52224
  • Income Includes: Rents
  • Meters: Separate Electric, Separate Gas, Separate Water
  • Number Of Buildings: 1
  • Operating Expenses Include: Insurance, Services - Gardener, Services - Trash Removal, Utilities - Water
  • Tenant Expenses: Utilities - Electric, Utilities - Gas
  • Vacancy Factor: 3

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
06/25/2021 06/25/21 Sold $855,000 +7.0% $662 / Sq Ft
05/26/2021 05/26/21 Pending -- -- --
05/20/2021 05/20/21 For Sale $799,000 -- $618 / 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: ML81844941

MLSListings

APN: 481-25-054