NOT LISTED FOR SALE
Studio
-- Bath
3,270 Sq Ft
5,663 Sq Ft Lot

Last Sold September 06, 2024

Last sale price $1,930,000 $590 Per Sq Ft

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

5,663 Sq Ft Lot

Listing Details

  • Zoning: R325
  • Subclass: Fourplex
  • 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

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
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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
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

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 $20,902 $1,930,000 $1,420,000 $510,000
2024 $20,902 $1,784,827 $1,338,621 $446,206
2023 $20,693 $1,749,831 $1,312,374 $437,457
2022 $20,349 $1,715,522 $1,286,642 $428,880
2021 $20,273 $1,681,885 $1,261,414 $420,471
2020 $19,905 $1,664,640 $1,248,480 $416,160
2019 $19,880 $1,632,000 $1,224,000 $408,000
2018 $18,598 $1,600,000 $1,200,000 $400,000
2017 $11,595 $977,024 $633,746 $343,278
2016 $11,333 $957,868 $621,320 $336,548
2015 $11,290 $943,481 $611,988 $331,493
2014 $10,738 $925,000 $600,000 $325,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81978216

MLSListings

APN: 224-30-055

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