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

Sale Details

Date Sold: March 6, 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

5,885 Sq Ft Lot

Listing Details

  • Zoning: C1
  • Subclass: Fourplex
  • 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

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
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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 List to Sale Price per Sq Ft
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

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
2025 $26,415 $1,840,601 $1,355,353 $485,248
2024 $26,415 $1,804,512 $1,328,778 $475,734
2023 $26,161 $1,769,130 $1,302,724 $466,406
2022 $25,667 $1,734,442 $1,277,181 $457,261
2021 $25,078 $1,700,435 $1,252,139 $448,296
2020 $23,835 $1,683,000 $1,239,300 $443,700
2019 $15,604 $868,128 $440,257 $427,871
2018 $13,695 $851,107 $431,625 $419,482
2017 $13,425 $834,419 $423,162 $411,257
2016 $12,800 $818,059 $414,865 $403,194
2015 $16,373 $805,772 $408,634 $397,138
2014 $10,733 $789,989 $400,630 $389,359
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81723288

MLSListings

APN: 414-11-012

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