NOT LISTED FOR SALE
8 Beds
-- Bath
3,802 Sq Ft
5,885 Sq Ft Lot

Last Sold March 06, 2019

Last sale price $1,650,000 $434 Per Sq Ft

140 Days on Market

Highlights

  • Forced Air Heating System
  • Branham High School Rated A
  • Level Lot

About This Home

As of March 2019

Great investment opportunity in a great location. Become an investor in the Bay Area without a lot of head ache. The complex has four units and is currently fully occupied and generating income in a great neighborhood. Close to all amenities including downtown Campbell, Pruneyard, Santana Row, and all major freeways.

Last Agent to Sell the Property

Jeff Zahraie

Affinity Enterprises, Inc License #01073169 Listed on: 09/13/2018

Last Buyer's Agent

Elyse Barca

Compass License #01006027

Compass

Property Details

Home Type

  • Multi-Family

Year Built

  • 1964

Lot Details

  • 5,885 Sq Ft Lot
  • Level Lot

Parking

  • 4 Carport Spaces

Home Design

  • Quadruplex
  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 3,802 Sq Ft Home
  • 2-Story Property

Utilities

  • Forced Air Heating System
  • Separate Meters
  • Sewer Within 50 Feet

Listing and Financial Details

  • Total Actual Rent $94,380
  • Month-to-Month Lease Term

Community Details

Overview

Building Details

  • 4 Leased Units
  • Gardener Expense $900
  • Insurance Expense $1,020
  • Maintenance Expense $3,000
  • Utility Expense $1,164
  • Operating Expense $19,500
  • Gross Income $95,580

Property Details

Home Type

Multi-Family

Year Built

1964

Lot Details

0

Listing Details

  • Zoning: C1
  • Subclass: Fourplex
  • Age: 54
  • Listing Class: Residential Income (2-4 Units)
  • Structure Sq Ft: 3802
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1964

Interior Features

  • Living Sq Ft: 3802
  • Stories: 2

Exterior Features

  • Foundation: Concrete Perimeter
  • Roof: Composition

Garage/Parking

  • Garage Parking Features: Carport
  • Carport Min: 4

Utilities

  • Heating System: Central Forced Air
  • Sewer/Septic System: Sewer Connected, Sewer In Street

Schools

  • School District: Campbell Union High

Lot Info

  • Lot Description: Grade - Level
  • Lot Acres: 0.1351
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 5885.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 5885.00

Rental Info

  • Existing Lease Term(s): 1 Year Lease, Month To Month
  • Gross Rent Multiplier: 17.26
  • Number Of Leased: 4

Multi Family

  • Utilities: Individual Electric Meters
  • Expense Insurance: 1020
  • Expense Landscape: 900
  • Expense Maintenance: 3000
  • Expenses Total: 19500
  • Expenses Utility: 1164
  • Income Annual Gross: 95580.00
  • Income Annual Rental: 94380
  • Income Gross Scheduled: 95580
  • Income Includes: Laundry, Rents
  • Income Other: 1200
  • Meters: Master Electric, Master Gas, Separate Electric
  • Number Of Buildings: 1
  • Operating Expenses Include: Fee - Property Tax, Fee - Rent/Lease, Insurance, Maintenance - Repair, Utilities - Electric
  • Tenant Expenses: Utilities - Electric

Range of Values:

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List Price
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
03/06/2019 03/06/19 Sold $1,650,000 0.0% $434 / Sq Ft
02/01/2019 02/01/19 Pending -- -- --
10/23/2018 10/23/18 Price Changed $1,650,000 -5.7% $434 / Sq Ft
10/04/2018 10/04/18 Price Changed $1,749,000 -2.3% $460 / Sq Ft
09/13/2018 09/13/18 For Sale $1,790,000 -- $471 / 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: ML81723288

MLSListings

APN: 414-11-012