NOT LISTED FOR SALE

2167 Pasetta Dr Santa Clara, CA 95050

8 Beds
4 Baths
3,150 Sq Ft
6,599 Sq Ft Lot

Last Sold March 15, 2024

Last sale price $1,750,000 $556 Per Sq Ft

37 Days on Market

Highlights

  • Wood Flooring
  • Granite Countertops
  • Coin Laundry
  • Bowers Elementary School Rated A-
  • Laundry Room

About This Home

As of March 2024

Best price !! Well maintained fourplex located in the desirable area of Santa Clara--four 2/1 units--four parking spaces under carport plus two open parking spaces--on site laundry facility--Unit 1 & 3 have been renovated with kitchen, bathroom, floorings, double pane windows, new appliances and window A/C--all the renovation works done with permit--Convenient location, close to Caltrain Station, Santa Clara University and Hi-tech companies--easy access to 101/880/87. This is a great investment with upside potential!!

Last Agent to Sell the Property

Josie Chen

Intero Real Estate Services License #00793138 Listed on: 01/16/2024

Intero Real Estate Services

Last Buyer's Agent

Januka Shrestha

S & R Homes Realty License #02110360

Property Details

Home Type

  • Multi-Family

Year Built

  • 1961

Lot Details

  • 6,599 Sq Ft Lot

Home Design

  • Quadruplex
  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 3,150 Sq Ft Home
  • 2-Story Property
  • Laundry Room

Kitchen

  • Electric Cooktop
  • Range Hood
  • Dishwasher
  • Granite Countertops
  • Formica Countertops
  • Disposal

Flooring

  • Wood
  • Tile
  • Vinyl

Parking

  • 2 Parking Spaces
  • 4 Carport Spaces

Utilities

  • Cooling System Mounted To A Wall/Window
  • Wall Furnace
  • Sewer Within 50 Feet

Listing and Financial Details

  • Total Actual Rent $97,560

Community Details

Overview

Amenities

  • Coin Laundry

Building Details

  • 4 Leased Units
  • Gardener Expense $400
  • Insurance Expense $2,068
  • Maintenance Expense $3,600
  • Manager Expense $4,674
  • Other Expense $294
  • Utility Expense $2,199
  • Trash Expense $9,264
  • Operating Expense $39,074
  • Gross Income $98,174

Property Details

Home Type

Multi-Family

Year Built

1961

Lot Details

0

Listing Details

  • Zoning: R3
  • Subclass: Fourplex
  • Age: 63
  • Listing Class: Residential Income (2-4 Units)
  • Structure Sq Ft: 3150
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1961

Interior Features

  • Kitchen: Appliances - Vary By Unit, Cooktop - Electric, Countertop - Formica, Countertop - Granite, Dishwasher, Garbage Disposal, Hood Over Range, Refrigerator
  • Living Sq Ft: 3150
  • Stories: 2
  • Laundry: Coin Operated
  • Flooring: Hardwood, Tile, Vinyl / Linoleum
  • Additional Rooms: Laundry Room

Exterior Features

  • Foundation: Concrete Perimeter
  • Roof: Composition

Garage/Parking

  • Parking Spaces: 2
  • Garage Parking Features: Carport, Covered Parking
  • Carport Min: 4

Utilities

  • Cooling System: Window / Wall Unit
  • Heating System: Electric, Wall Furnace
  • Sewer/Septic System: Sewer In Street

Schools

  • School District: Santa Clara Unified

Lot Info

  • Lot Acres: 0.1515
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 6600.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 6600.00

Rental Info

  • Existing Lease Term(s): 1 Year Lease, Lease Agreement - Written
  • Gross Rent Multiplier: 17.74
  • Number Of Leased: 4

Multi Family

  • Utilities: Public Utilities
  • Expense Insurance: 2068
  • Expense Landscape: 400
  • Expense Maintenance: 3600
  • Expense Management: 4674
  • Expenses Other: 294
  • Expenses Total: 39074
  • Expenses Utility: 2199
  • Expense Trash: 9264
  • Income Annual Gross: 98174.00
  • Income Annual Rental: 97560
  • Income Gross Scheduled: 101210
  • Income Includes: Laundry
  • Income Other: 3650
  • Meters: Separate Electric, Separate Gas
  • Number Of Buildings: 1
  • Operating Expenses Include: Fee - Property Management, Fee - Property Tax, Insurance, Maintenance, Services - Gardener, Services - Sewer, Services - Trash Removal
  • Tenant Expenses: Utilities - Electric, Utilities - Gas, Utilities - Heating
  • Vacancy Factor: 3

Range of Values:

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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
03/15/2024 03/15/24 Sold $1,750,000 -2.5% $556 / Sq Ft
02/23/2024 02/23/24 Pending -- -- --
01/16/2024 01/16/24 For Sale $1,795,000 -- $570 / 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: ML81951529

MLSListings

APN: 224-32-016