$1,930,000
SOLD SEP 6, 2024
-- Bed
-- Bath
3,270 Sq Ft
5,663 Sq Ft Lot

Recently Sold

$590 Per Sq Ft

3% Below List Price

5 Days on Market

About This Home

As of September 2024

This investment property consists of four two bedroom and one bath units. Total monthly rent is $10,450. There is also a coin laundry onsite. All units are updated. This is a turn-key investment property and easy to manage . No rent control in Santa Clara City.

Last Agent to Sell the Property

Yu Chih Chiang

Casa Nova Realtors Inc. License #01929647 Listed on: 08/28/2024

Last Buyer's Agent

Yu Chih Chiang

Casa Nova Realtors Inc. License #01929647 Listed on: 08/28/2024

Property Details

Home Type

  • Multi-Family

Year Built

  • 1960

Lot Details

  • 5,663 Sq Ft Lot

Home Design

  • Quadruplex
  • Composition Roof

Interior Spaces

  • 3,270 Sq Ft Home
  • 2-Story Property
  • Crawl Space

Parking

  • 4 Parking Spaces
  • 4 Carport Spaces

Utilities

  • Wall Furnace
  • Separate Meters
  • Individual Gas Meter

Listing and Financial Details

  • Total Actual Rent $125,400
  • Month-to-Month Lease Term

Community Details

Overview

Building Details

  • 4 Leased Units
  • Gross Income $125,400

Property Details

Home Type

Multi-Family

Year Built

1960

Lot Details

0

Listing Details

  • Zoning: R325
  • Subclass: Fourplex
  • Age: 64
  • Listing Class: Residential Income (2-4 Units)
  • Structure Sq Ft: 3270
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1960

Interior Features

  • Living Sq Ft: 3270
  • Stories: 2

Exterior Features

  • Foundation: Crawl Space
  • Roof: Composition

Garage/Parking

  • Parking Spaces: 4
  • Garage Parking Features: Carport
  • Carport Min: 4

Utilities

  • Heating System: Wall Furnace
  • Sewer/Septic System: Sewer - Public

Schools

  • School District: Santa Clara Unified

Lot Info

  • Lot Acres: 0.1300
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 5663.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 5663.00

Rental Info

  • Existing Lease Term(s): 1 Year Lease, Month To Month
  • Gross Rent Multiplier: 15.79
  • Number Of Leased: 4

Multi Family

  • Utilities: Individual Electric Meters, Individual Gas Meters
  • Income Annual Gross: 125400.00
  • Income Annual Rental: 125400
  • Income Gross Scheduled: 125400
  • Income Includes: Coin Operated Equip
  • Meters: Master Water
  • Number Of Buildings: 1
  • Operating Expenses Include: Fee - Property Management, Fee - Property Tax, Insurance
  • Tenant Expenses: Utilities - Electric, Utilities - Gas

Range of Values:

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Average Value
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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
09/06/2024 09/06/24 Sold $1,930,000 -2.5% $590 / Sq Ft
09/03/2024 09/03/24 Pending -- -- --
08/28/2024 08/28/24 For Sale $1,980,000 -- $606 / 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: ML81978216

MLSListings

APN: 224-30-055