NOT LISTED FOR SALE

212 Lynette Way San Jose, CA 95116

Mayfair Neighborhood
4 Beds
2 Baths
1,630 Sq Ft
5,227 Sq Ft Lot

Last Sold June 17, 2024

Last sale price $970,000 $595 Per Sq Ft

71 Days on Market

About This Home

As of June 2024

Back on the market - No fault to the seller. Here's an excellent investment opportunity. Each unit has two bedrooms and one bathroom and features separate electric meters. The property is being sold as is, but it has great income potential as a rental property.

Last Agent to Sell the Property

Maria Reyes

Buyers Realty License #01091881 Listed on: 03/07/2024

Last Buyer's Agent

Truman Nhu

CENTURY 21 Masters License #01110101

CENTURY 21 Masters

Property Details

Home Type

  • Multi-Family

Year Built

  • 1959

Lot Details

  • 5,227 Sq Ft Lot

Home Design

  • Duplex
  • Shingle Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,630 Sq Ft Home
  • 1-Story Property

Parking

  • 2 Parking Spaces
  • 2 Carport Spaces
  • On-Street Parking

Utilities

  • Wall Furnace
  • Separate Meters
  • Individual Gas Meter

Listing and Financial Details

  • Total Actual Rent $19,200

Community Details

Overview

Building Details

  • 1 Leased Unit
  • Insurance Expense $1,200
  • Utility Expense $224
  • Operating Expense $11,497
  • Gross Income $19,200

Property Details

Home Type

Multi-Family

Year Built

1959

Lot Details

0

Listing Details

  • Zoning: R2
  • Subclass: Duplex
  • Age: 65
  • Listing Class: Residential Income (2-4 Units)
  • Structure Sq Ft: 1630
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1959

Interior Features

  • Living Sq Ft: 1630
  • Stories: 1

Exterior Features

  • Foundation: Concrete Perimeter
  • Roof: Shingle

Garage/Parking

  • Parking Spaces: 2
  • Garage Parking Features: On Street
  • Carport Min: 2

Utilities

  • Heating System: Wall Furnace
  • Sewer/Septic System: Sewer Connected

Schools

  • School District: East Side Union High

Lot Info

  • Lot Acres: 0.1200
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 5227.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 5227.00

Rental Info

  • Existing Lease Term(s): 11-15 Years Lease
  • Gross Rent Multiplier: 49.43
  • Number Of Leased: 1

Multi Family

  • Utilities: Individual Electric Meters, Individual Gas Meters
  • Expense Insurance: 1200
  • Expenses Total: 11497
  • Expenses Utility: 224
  • Income Annual Gross: 19200.00
  • Income Annual Rental: 19200
  • Income Gross Scheduled: 19200
  • Income Includes: Parking
  • Meters: Separate Electric, Separate Gas
  • Number Of Buildings: 1
  • Tenant Expenses: Maintenance - Interior, Utilities - Gas

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 List to Sale Price per Sq Ft
06/17/2024 06/17/24 Sold $970,000 +2.2% $595 / Sq Ft
05/18/2024 05/18/24 Pending -- -- --
04/20/2024 04/20/24 For Sale $949,000 0.0% $582 / Sq Ft
04/10/2024 04/10/24 Pending -- -- --
03/07/2024 03/07/24 For Sale $949,000 -- $582 / Sq Ft
Source: MLSListings

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Maria Reyes

    Seller's Agent in 2024

    Maria Reyes

    Buyers Realty

    (408) 515-7365

    1 in this area

    21 Total Sales

    Maria Reyes
    Section Image

  • T

    Buyer's Agent in 2024

    Truman Nhu

    CENTURY 21 Masters

    Section Image
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Map

Source: MLSListings

MLS Number: ML81956827

MLSListings

APN: 481-26-009

California Santa Clara County San Jose 95116 Mayfair

212 Lynette Way, San Jose, CA

This home is located at 212 Lynette Way, San Jose, CA 95116 since 07 March 2024. This property was built in 1959. 212 Lynette Way is a home located in Santa Clara County with nearby schools including Cesar Chavez Elementary School, Independence High School, and Rocketship Los Suenos Academy.

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