$1,290,000
$60K PRICE DROP

Estimated payment $8,429/month

Total Views 13,134
4 Beds
4 Baths
2,206 Sq Ft
$585 Price per Sq Ft

About This Home

**PRICE REDUCED** Absolute bargain available in this Triplex! Best deal on the market! It includes three units on a 6,534-square-foot lot with a combined living space of approximately 2,206 square feet. Main home unit A is a 2 Bedroom and 2 Bathroom, Unit B (remodeled unit) and C are both 1 bedroom and 1 bathrooms. Units A and C are MTM but all are occupied. Unit C on lease until September 2025. Located in the Willow Glen Neighborhood, this property is near shopping, dining, and other amenities in San Jose. No same day showings available, agents see showing instructions.

Listing Agent

Mike Diaz

Elite Realty License #02150655 Listed on: 10/29/2024

Property Details

Home Type

  • Multi-Family

Year Built

  • 1949

Lot Details

  • 6,338 Sq Ft Lot

Parking

  • 1 Car Garage

Home Design

  • Triplex
  • Shingle Roof

Interior Spaces

  • 2,206 Sq Ft Home
  • 1-Story Property

Utilities

  • Cooling System Mounted To A Wall/Window
  • Wall Furnace

Listing and Financial Details

Community Details

Overview

Building Details

  • 3 Leased Units
  • Insurance Expense $2,600
  • Maintenance Expense $15,000
  • Utility Expense $2,400
  • Operating Expense $33,750
  • Gross Income $69,048

Property Details

Home Type

Multi-Family

Year Built

1949

Lot Details

0

Parking

1

Listing Details

  • Zoning: R1-8
  • Subclass: Triplex
  • Age: 75
  • Listing Class: Residential Income (2-4 Units)
  • Structure Sq Ft: 2206
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1949

Interior Features

  • Living Sq Ft: 2206
  • Stories: 1

Exterior Features

  • Roof: Shingle

Garage/Parking

  • Garage Spaces: 1
  • Parking Spaces: 2
  • Garage Parking Features: Attached Garage

Utilities

  • Cooling System: Window / Wall Unit
  • Heating System: Wall Furnace
  • Sewer/Septic System: Sewer - Public

Schools

  • School District: East Side Union High

Lot Info

  • Lot Acres: 0.1455
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 6336.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 6336.00

Rental Info

  • Existing Lease Term(s): 1 Year Lease
  • Gross Rent Multiplier: 18.68
  • Number Of Leased: 3

Multi Family

  • Utilities: Public Utilities
  • Expense Insurance: 2600
  • Expense Maintenance: 15000
  • Expenses Total: 33750
  • Expenses Utility: 2400
  • Income Annual Gross: 69048.00
  • Income Annual Rental: 69048
  • Income Gross Scheduled: 69048
  • Meters: Separate Electric, Separate Gas
  • Number Of Buildings: 1
  • Operating Expenses Include: Fee - Property Tax, Maintenance, Maintenance - Repair, Services - Sewer, Services - Trash Removal

Map

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
05/30/2025 05/30/25 Price Changed $1,290,000 0.0% $585 / Sq Ft
05/30/2025 05/30/25 Price Changed $1,290,000 -0.8% $585 / Sq Ft
02/03/2025 02/03/25 Price Changed $1,300,000 0.0% $589 / Sq Ft
02/03/2025 02/03/25 Price Changed $1,300,000 0.0% $589 / Sq Ft
02/03/2025 02/03/25 For Sale $1,300,000 -3.0% $589 / Sq Ft
02/01/2025 02/01/25 For Sale $1,340,000 0.0% $607 / Sq Ft
02/01/2025 02/01/25 Off Market $1,340,000 -- --
02/01/2025 02/01/25 Off Market $1,340,000 -- --
12/03/2024 12/03/24 Price Changed $1,340,000 0.0% $607 / Sq Ft
12/03/2024 12/03/24 Price Changed $1,340,000 0.0% $607 / Sq Ft
12/03/2024 12/03/24 For Sale $1,340,000 -0.7% $607 / Sq Ft
12/01/2024 12/01/24 For Sale $1,350,000 0.0% $612 / Sq Ft
12/01/2024 12/01/24 Off Market $1,350,000 -- --
12/01/2024 12/01/24 Off Market $1,350,000 -- --
10/30/2024 10/30/24 For Sale $1,350,000 0.0% $612 / Sq Ft
10/29/2024 10/29/24 For Sale $1,350,000 0.0% $612 / Sq Ft
09/04/2024 09/04/24 For Rent $2,000 -- --
Source: MLSListings

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Source: MLSListings

MLS Number: ML81985200

MLSListings

APN: 455-06-041