NOT LISTED FOR SALE

228 Union Ave Los Gatos, CA 95032

De Voss-Leigh Neighborhood
5 Beds
3 Baths
1,974 Sq Ft
7,039 Sq Ft Lot

Last Sold November 07, 2017

Last sale price $1,399,950 $709 Per Sq Ft

46 Days on Market

Highlights

  • 2 Car Attached Garage
  • Forced Air Heating and Cooling System
  • 1-Story Property
  • Alta Vista Elementary School Rated A
  • Carpet
  • 3-minute walk to Howes Play Lot

About This Home

As of November 2017

Dont miss this RARE opportunity to own a Los Gatos Duplex, these do not come available very often! Excellent location with Highly coveted schools (Alta Vista Elem, Union MS, Leigh HS). The combination of location and schools generate great tenants and great income potential. Rental Survey shows $3500 - $3769 for 3/2 side, $2500 - $2558 for 2/1 side. 228 is 3/2 with a good sized yard, private patio alcove lot of natural light. Now vacant, ready for tenant or new owner. 230 Union Ave is a 2/1 with a nice patio. Long term tenant in this one. Great views of the hills, Dual pane windows, 1 car garage for each unit. Fresh paint, close to schools, restaurants, & shopping, and freeways. Dont miss out on this opportunity! Nice floor plans, good storage inside and in garage for both units. Please DO NOT Disturb Tenant in 230 Union Ave.

Last Agent to Sell the Property

Rick Smith

Windermere Silicon Valley License #00907087 Listed on: 08/25/2017

Last Buyer's Agent

Douglas Marshall

Christie's International Real Estate Sereno License #01310612

Christie's International Real Estate Sereno

Property Details

Home Type

  • Multi-Family

Year Built

  • 1963

Lot Details

  • 7,039 Sq Ft Lot

Parking

  • 2 Car Attached Garage
  • On-Street Parking

Home Design

  • Duplex
  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,974 Sq Ft Home
  • 1-Story Property
  • Carpet

Utilities

  • Forced Air Heating and Cooling System
  • Separate Meters
  • Individual Gas Meter

Listing and Financial Details

  • Total Actual Rent $62,100

Community Details

Overview

Building Details

  • 2 Leased Units
  • Gardener Expense $960
  • Insurance Expense $1,068
  • Maintenance Expense $265
  • Utility Expense $300
  • Operating Expense $14,195
  • Gross Income $62,100

Property Details

Home Type

Multi-Family

Year Built

1963

Lot Details

0

Parking

2

Listing Details

  • Zoning: RD
  • Subclass: Duplex
  • Age: 54
  • Listing Class: Residential Income (2-4 Units)
  • Structure Sq Ft: 1974
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1963

Interior Features

  • Living Sq Ft: 1974
  • Stories: 1
  • Flooring: Carpet

Exterior Features

  • Foundation: Concrete Perimeter
  • Roof: Composition

Garage/Parking

  • Garage Spaces: 2
  • Parking Spaces: 2
  • Garage Parking Features: Attached Garage, On Street

Utilities

  • Cooling System: Central Ac
  • Heating System: Central Forced Air - Gas
  • Sewer/Septic System: Sewer Connected

Schools

  • School District: Campbell Union High
  • Elementary School: Alta Vista Elementary
  • Middle School: Union Middle
  • High School: Leigh High
  • High School: 240
  • Elementary School: 214
  • Middle School: 229

Lot Info

  • Lot Acres: 0.1616
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 7038.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 7038.00

Rental Info

  • Existing Lease Term(s): 1 Year Lease
  • Gross Rent Multiplier: 22.54
  • Number Of Leased: 2

Multi Family

  • Utilities: Individual Electric Meters, Individual Gas Meters, Public Utilities
  • Expense Insurance: 1068
  • Expense Landscape: 960
  • Expense Maintenance: 265
  • Expenses Total: 14195
  • Expenses Utility: 300
  • Income Annual Gross: 62100.00
  • Income Annual Rental: 62100
  • Income Gross Scheduled: 62100
  • Income Includes: Rents
  • Meters: Master Gas, Separate Electric
  • Number Of Buildings: 1
  • Operating Expenses Include: Fee - Property Tax, Insurance
  • Tenant Expenses: Services - Trash Removal, Utilities - Electric, Utilities - Gas, Utilities - Heating, Utilities - Hot Water

Range of Values:

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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
11/07/2017 11/07/17 Sold $1,399,950 0.0% $709 / Sq Ft
10/11/2017 10/11/17 Pending -- -- --
10/05/2017 10/05/17 Price Changed $1,399,950 -6.7% $709 / Sq Ft
09/07/2017 09/07/17 For Sale $1,499,950 +7.1% $760 / Sq Ft
09/07/2017 09/07/17 Off Market $1,399,950 -- --
08/25/2017 08/25/17 For Sale $1,499,950 -- $760 / Sq Ft
Source: MLSListings

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2017

    Rick Smith

    Windermere Silicon Valley

  • Douglas Marshall

    Buyer's Agent in 2017

    Douglas Marshall

    Sereno Group

    (408) 857-9911

    65 Total Sales

    Douglas Marshall
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Map

Source: MLSListings

MLS Number: ML81675577

MLSListings
California Santa Clara County Los Gatos 95032 De Voss-Leigh

228 Union Ave, Los Gatos, CA

This home is located at 228 Union Ave, Los Gatos, CA 95032 since 25 August 2017. This property was built in 1963. 228 Union Ave is a home located in Santa Clara County with nearby schools including Alta Vista Elementary School, Union Middle School, and Leigh High School.

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