NOT LISTED FOR SALE

Estimated Value: $1,306,000 - $1,515,000

3 Beds
3 Baths
1,852 Sq Ft
$755/Sq Ft Est. Value

Last Sold August 31, 2021

Last sale price $1,181,000 $638 Per Sq Ft

Est. 18% increase in value since last sale

Current estimated payment $8,585/month

18 Days on Market

Highlights

  • Property is near park and public transit
  • Traditional Architecture
  • Neighborhood Views
  • Bixby Elementary School Rated 9+
  • No HOA
  • 2-minute walk to Los Altos Park

About This Home

As of August 2021

Here’s a rare opportunity to own a 3-unit investment property in the popular Los Altos neighborhood! All 3 units have 1 bedroom, 1 bathroom, and are located on one level. Each unit at this charming property has its own in-unit laundry, front & rear entrance, and private one-car garage. They are surrounded by well-maintained landscaping and situated on a beautiful tree-lined street. This triplex is conveniently located near parks, shopping, restaurants, transportation, and excellent schools from kindergarten through university level.

Last Agent to Sell the Property

Shannon Jones

Keller Williams Pacific Estate License #01247705 Listed on: 07/14/2021

Keller Williams Pacific Estate

Last Buyer's Agent

Gwen Kelly

Broadmoor Realty, Inc. License #00552325

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1947

Lot Details

  • 7,392 Sq Ft Lot
  • No Common Walls
  • West Facing Home
  • Vinyl Fence
  • Back and Front Yard

Parking

  • 3 Car Garage
  • Parking Available

Home Design

  • Triplex
  • Traditional Architecture
  • Raised Foundation
  • Composition Roof
  • Common Roof
  • Stucco

Interior Spaces

  • 1,852 Sq Ft Home
  • 1-Story Property
  • Window Screens
  • Living Room
  • Neighborhood Views
  • Gas Range

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Bathrooms

Laundry

  • Laundry Room
  • Laundry in Kitchen

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Accessible Home Design

  • No Interior Steps

Outdoor Features

  • Exterior Lighting
  • Rain Gutters

Location

  • Property is near park and public transit
  • Suburban Location

Utilities

  • Floor Furnace
  • Natural Gas Connected
  • Water Heater
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Legal Lot and Block 410 / 1
  • Tax Tract Number 14128
  • Assessor Parcel Number 7224012005

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 3 Units
  • Los Altos/South Of Fwy Subdivision

Recreation

  • Park

Building Details

  • 3 Leased Units
  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • 1 Separate Water Meter
  • Gardener Expense $840
  • Insurance Expense $1,200
  • Maintenance Expense $1,000
  • Water Sewer Expense $804
  • New Taxes Expense $3,272
  • Operating Expense $7,116
  • Gross Income $33,600
  • Net Operating Income $26,484

Property Details

Home Type

Multi-Family

Year Built

Built in 1947

Lot Details

0

Parking

3

Listing Details

  • Assessments: Yes
  • Inclusions: stoves
  • Property Attached: No
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • Subdivision Name Other: Los Altos/South of Fwy (LSF)
  • View: Yes
  • Water Sewer Expenses: 804.00
  • Zoning: LBR34
  • Architectural Style: Traditional
  • Property Sub Type: Triplex
  • Property Type: Residential Income
  • Gardener Expense: 840.00
  • Parcel Number: 7224012005
  • Year Built: 1947
  • Special Features: None

Interior Features

  • Fireplace: No
  • Stories: 1
  • Common Walls: No Common Walls
  • Flooring: Carpet, Vinyl
  • Accessibility Features: No Interior Steps
  • Appliances: Yes
  • Levels: One
  • Price Per Square Foot: 637.69
  • Room Type: Kitchen, Living Room
  • Window Features: Screens

Exterior Features

  • Direction Faces: West
  • Foundation: Raised
  • View: Neighborhood
  • Fence: Yes
  • Fencing: Vinyl
  • Pool Private: No
  • Roof: Common Roof, Composition
  • Spa: No
  • Construction Materials: Stucco

Garage/Parking

  • Garage Spaces: 3.00
  • Parking: Yes
  • Parking Features: Garage
  • Total Parking Spaces: 3.00

Utilities

  • Utilities: Cable Available, Electricity Connected, Natural Gas Connected, Phone Available, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Gas Range, Water Heater
  • Electric: Standard
  • Heating Type: Floor Furnace
  • Laundry Features: In Kitchen, Inside
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Common Interest: Community Apartment
  • Community Features: Gutters, Park, Sidewalks, Street Lights, Suburban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard, Front Yard, Near Public Transit, Park Nearby
  • Lot Size Sq Ft: 7392.00
  • Lot Size Acres: 0.1697

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Average1 Bed Area: 617 Square Feet
  • Gross Income: 33600.00
  • Gross Scheduled Income: 33600.00
  • Insurance Expense: 1200.00
  • Lot Size Area: 7392.0000 Square Feet
  • Maintenance Expense: 1000.00
  • Net Operating Income: 26484.00
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 3
  • Number Of Units Total: 3
  • Number With Range: 3
  • Operating Expense: 7116.00
  • Rent Control: No
  • Total Actual Rent: 33600.00
  • Total Expenses: 7116.00

Tax Info

  • New Taxes Expense: 3272.00
  • Tax Block: 1
  • Tax Lot: 410
  • Tax Tract: 5531
  • Tax Tract Number: 14128

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 5, 2017
Sold by
Bryant Louise S
Bought by
Bryant Louise S and The Louise S Bryant Revocable Trust
Current Estimated Value
$1,397,982

Purchase Details

Closed on
Mar 20, 1995
Sold by
Bryant Louise
Bought by
Bryant Louise S and The Louise S Bryant 1995 Revocable Livin
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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

Purchase History

Date Buyer Sale Price Title Company
Bryant Louise S -- None Available
Bryant Louise S -- --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/31/2021 08/31/21 Sold $1,181,000 -1.6% $638 / Sq Ft
08/01/2021 08/01/21 Pending -- -- --
07/14/2021 07/14/21 For Sale $1,200,000 -- $648 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $15,908 $1,253,286 $955,087 $298,199
2024 $15,908 $1,228,712 $936,360 $292,352
2023 $15,642 $1,204,620 $918,000 $286,620
2022 $14,674 $1,181,000 $900,000 $281,000
2021 $3,283 $225,221 $92,498 $132,723
2020 $3,272 $222,913 $91,550 $131,363
2019 $3,235 $218,543 $89,755 $128,788
2018 $3,088 $214,259 $87,996 $126,263
2016 $2,840 $205,941 $84,580 $121,361
2015 $2,735 $202,849 $83,310 $119,539
2014 $2,733 $198,877 $81,679 $117,198
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW21135567

California Regional Multiple Listing Service (CRMLS)

APN: 7224-012-005