NOT LISTED FOR SALE
2 Beds
2 Baths
990 Sq Ft
4,870 Sq Ft Lot

Last Sold May 01, 2018

Last sale price $760,000 $768 Per Sq Ft

1 Day on Market

Highlights

  • Mediterranean Architecture
  • Shed
  • 1-Story Property
  • Granite Countertops
  • Washer and Dryer
  • 5-minute walk to Bonita Park

About This Home

As of May 2018

Great Opportunity for investor or to live in one side and rent the other! Completely remodeled with top notch details. Separate meters on each unit, all new plumbing, Sheetrock, electrical, and windows. Granite countertops, lots of storage space and updated appliances. Also possible opportunity for expansion on the large lot! Don't miss out on this great property.

Last Agent to Sell the Property

Brent and Stacy Mardesich

RE/MAX Santa Clara Valley License #01895097 Listed on: 04/11/2018

RE/MAX Santa Clara Valley

Last Buyer's Agent

Vladimir Rubashevsky

5 Stars Realty License #01068954

Property Details

Home Type

  • Multi-Family

Year Built

  • 1940

Lot Details

  • 4,870 Sq Ft Lot

Home Design

  • Duplex
  • Mediterranean Architecture
  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 990 Sq Ft Home
  • 1-Story Property
  • Washer and Dryer

Kitchen

  • Gas Oven
  • Microwave
  • Granite Countertops

Parking

  • 4 Parking Spaces
  • Off-Street Parking

Outdoor Features

  • Shed
  • Barbecue Area

Utilities

  • Wall Furnace
  • Separate Meters
  • Individual Gas Meter

Listing and Financial Details

  • Total Actual Rent $50,400

Community Details

Overview

Building Details

  • 1 Leased Unit
  • Insurance Expense $1,200
  • Operating Expense $12,812
  • Gross Income $47,880

Property Details

Home Type

Multi-Family

Year Built

1940

Lot Details

0

Listing Details

  • Zoning: R2A
  • Subclass: Duplex
  • Style: Mediterranean
  • Age: 78
  • Listing Class: Residential Income (2-4 Units)
  • Structure Sq Ft: 990
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1940

Interior Features

  • Kitchen: Countertop - Granite, Microwave, Oven - Gas, Varies By Unit
  • Living Sq Ft: 990
  • Stories: 1
  • Laundry: Washer/Dryer - Some Units

Exterior Features

  • Foundation: Concrete Perimeter And Slab
  • Roof: Composition
  • Yard/Grounds: Bbq Area, Storage Shed / Structure

Garage/Parking

  • Parking Spaces: 4
  • Garage Parking Features: Off-Street Parking

Utilities

  • Heating System: Wall Furnace
  • Sewer/Septic System: Sewer - Public

Schools

  • School District: San Jose Unified

Lot Info

  • Lot Acres: 0.1118
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 4870.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 4870.00

Rental Info

  • Existing Lease Term(s): 1 Year Lease
  • Gross Rent Multiplier: 13.87
  • Number Of Leased: 1

Multi Family

  • Utilities: Individual Electric Meters, Individual Gas Meters, Public Utilities
  • Expense Insurance: 1200
  • Expenses Total: 12812
  • Income Annual Gross: 47880.00
  • Income Annual Rental: 50400
  • Income Gross Scheduled: 50400
  • Income Includes: Rents
  • Meters: Separate Electric, Separate Gas
  • Number Of Buildings: 1
  • Tenant Expenses: Utilities - Electric, Utilities - Gas
  • Vacancy Factor: 5

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 List to Sale Price per Sq Ft Prior Sale
05/01/2018 05/01/18 Sold $760,000 +8.7% $768 / Sq Ft
04/13/2018 04/13/18 Pending -- -- --
04/11/2018 04/11/18 For Sale $699,000 +47.2% $706 / Sq Ft
09/08/2016 09/08/16 Sold $475,000 -12.0% $480 / Sq Ft View Prior Sale
07/01/2016 07/01/16 Pending -- -- --
05/17/2016 05/17/16 For Sale $540,000 -- $545 / 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: ML81700319

MLSListings