NOT LISTED FOR SALE
9 Beds
4 Baths
3,392 Sq Ft
8,102 Sq Ft Lot

Last Sold June 14, 2016

Last sale price $1,425,000 $420 Per Sq Ft

16 Days on Market

Highlights

  • 4 Car Attached Garage
  • Forced Air Heating System
  • Carpet
  • Latimer Elementary School Rated A-

About This Home

As of June 2016

Great opportunity in prime area of Campbell*Long term tenants - all month/month - rents are very low*Huge upside potential*PLEASE DO NOT DISTURB TENANTS*Buyer to cooperate with 1031 exchange at no expense to buyer

Last Agent to Sell the Property

Patti Stevenson

Keller Williams Thrive License #01396918 Listed on: 04/22/2016

Keller Williams Thrive

Last Buyer's Agent

Alexey Blokhin

Real E-State License #01771121

Property Details

Home Type

  • Multi-Family

Year Built

  • 1963

Lot Details

  • 8,102 Sq Ft Lot

Parking

  • 4 Car Attached Garage

Home Design

  • Quadruplex
  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 3,392 Sq Ft Home
  • 2-Story Property

Flooring

  • Carpet
  • Laminate
  • Vinyl

Utilities

  • Forced Air Heating System
  • Wall Furnace

Listing and Financial Details

  • Total Actual Rent $57,000

Community Details

Overview

Building Details

  • 4 Leased Units
  • Insurance Expense $900
  • Other Expense $2,742
  • Utility Expense $1,440
  • Trash Expense $1,487
  • Operating Expense $13,360
  • Gross Income $57,500

Property Details

Home Type

Multi-Family

Year Built

1963

Lot Details

0

Parking

4

Listing Details

  • Zoning: R2
  • Subclass: Fourplex
  • Age: 53
  • Listing Class: Residential Income (2-4 Units)
  • Structure Sq Ft: 3392
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1963

Interior Features

  • Living Sq Ft: 3392
  • Stories: 2
  • Flooring: Carpet, Laminate, Vinyl / Linoleum

Exterior Features

  • Foundation: Concrete Perimeter
  • Roof: Composition

Garage/Parking

  • Garage Spaces: 4
  • Parking Spaces: 5
  • Garage Parking Features: Attached Garage

Utilities

  • Heating System: Forced Air, Wall Furnace
  • Sewer/Septic System: Sewer - Public

Schools

  • School District: Campbell Union High

Lot Info

  • Lot Acres: 0.1860
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 8100.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 8100.00

Rental Info

  • Existing Lease Term(s): Month To Month
  • Gross Rent Multiplier: 24.35
  • Number Of Leased: 4

Multi Family

  • Utilities: Public Utilities
  • Expense Insurance: 900
  • Expenses Other: 2742
  • Expenses Total: 13360
  • Expenses Utility: 1440
  • Expense Trash: 1487
  • Income Annual Gross: 57500.00
  • Income Annual Rental: 57000
  • Income Gross Scheduled: 57500
  • Income Includes: Laundry
  • Income Other: 500
  • Meters: Separate Electric, Separate Gas
  • Number Of Buildings: 1
  • Operating Expenses Include: Services - Trash Removal, Utilities - Electric, Utilities - Water
  • Tenant Expenses: Utilities - Electric, Utilities - Gas

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
06/14/2016 06/14/16 Sold $1,425,000 +1.8% $420 / Sq Ft
05/09/2016 05/09/16 Pending -- -- --
04/22/2016 04/22/16 For Sale $1,400,000 -- $413 / 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: ML81581614

MLSListings

APN: 307-47-019