NOT LISTED FOR SALE

2389 Galway Ct Santa Clara, CA 95050

8 Beds
4 Baths
3,117 Sq Ft
6,787 Sq Ft Lot

Last Sold June 01, 2018

Last sale price $1,790,000 $574 Per Sq Ft

10 Days on Market

About This Home

As of June 2018

This property is a perfect opportunity to own a piece of Silicon Valley. Located in the heart of Santa Clara, this is a VALUE ADD property, with great potential. Just minutes from University of Santa Clara. This property is also conveniently located for commuters. Please do NOT disturb the tenants. Showing will be by APPOINTMENT ONLY 48 hour notice with a tentative open house next week. Disclosures and reports will be available next week upon request. CALL FOR OFFERS FRIDAY APRIL 13TH.

Last Agent to Sell the Property

Brent Welsh

Losness Investment Real Estate Corp License #02023171 Listed on: 04/05/2018

Last Buyer's Agent

Benjamin Wang

Lexicon Homes License #01038244

Property Details

Home Type

  • Multi-Family

Year Built

  • 1962

Lot Details

  • 6,787 Sq Ft Lot

Home Design

  • Quadruplex
  • Bitumen Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 3,117 Sq Ft Home
  • 2-Story Property
  • Crawl Space

Flooring

  • Carpet
  • Laminate
  • Vinyl

Parking

  • 4 Parking Spaces
  • Covered Parking

Utilities

  • Wall Furnace
  • Separate Meters
  • Individual Gas Meter

Listing and Financial Details

  • Total Actual Rent $89,400
  • Month-to-Month Lease Term

Community Details

Overview

Building Details

  • 4 Leased Units
  • Gardener Expense $600
  • Insurance Expense $1,403
  • Utility Expense $4,800
  • Operating Expense $28,101
  • Gross Income $87,416

Property Details

Home Type

Multi-Family

Year Built

1962

Lot Details

0

Listing Details

  • Zoning: R325
  • Subclass: Fourplex
  • Age: 56
  • Listing Class: Residential Income (2-4 Units)
  • Structure Sq Ft: 3117
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1962

Interior Features

  • Living Sq Ft: 3117
  • Stories: 2
  • Flooring: Carpet, Laminate, Vinyl / Linoleum

Exterior Features

  • Foundation: Concrete Perimeter, Crawl Space
  • Roof: Bitumen

Garage/Parking

  • Parking Spaces: 4
  • Garage Parking Features: Common Parking Area

Utilities

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

Schools

  • School District: Santa Clara Unified

Lot Info

  • Lot Acres: 0.1558
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 6786.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 6786.00

Rental Info

  • Existing Lease Term(s): 1 Year Lease, Month To Month
  • Gross Rent Multiplier: 19.42
  • Number Of Leased: 4

Multi Family

  • Utilities: Individual Electric Meters, Individual Gas Meters, Public Utilities
  • Expense Insurance: 1403
  • Expense Landscape: 600
  • Expenses Total: 28101
  • Expenses Utility: 4800
  • Income Annual Gross: 87416.00
  • Income Annual Rental: 89400
  • Income Gross Scheduled: 90120
  • Income Includes: Laundry
  • Income Other: 720
  • Meters: Separate Electric, Separate Gas
  • Number Of Buildings: 1
  • Operating Expenses Include: Fee - Property Tax, Fee - Rent/Lease, Utilities - Water
  • 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
06/01/2018 06/01/18 Sold $1,790,000 +2.3% $574 / Sq Ft
04/16/2018 04/16/18 Pending -- -- --
04/05/2018 04/05/18 For Sale $1,750,000 +92.7% $561 / Sq Ft
02/14/2014 02/14/14 Sold $908,000 -3.9% $291 / Sq Ft
01/14/2014 01/14/14 Pending -- -- --
12/05/2013 12/05/13 For Sale $945,000 -- $303 / Sq Ft
Source: MLSListings

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • B

    Seller's Agent in 2018

    Brent Welsh

    Losness Investment Real Estate Corp

  • Benjamin Wang

    Buyer's Agent in 2018

    Benjamin Wang

    Lexicon Homes

    (408) 489-1111

    13 Total Sales

    Benjamin Wang
    Section Image

  • B

    Seller's Agent in 2014

    Bob Basso

    R J Properties

    (408) 264-0871

    2 Total Sales

    Bob Basso
    Section Image

  • R

    Buyer's Agent in 2014

    Rich Kwok

    RE/MAX By The Bay

    Section Image
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Map

Source: MLSListings

MLS Number: ML81699380

MLSListings

APN: 224-32-104

California Santa Clara County Santa Clara 95050

2389 Galway Ct, Santa Clara, CA

This home is located at 2389 Galway Ct, Santa Clara, CA 95050 since 05 April 2018. This property was built in 1962. 2389 Galway Ct is a home located in Santa Clara County with nearby schools including Bowers Elementary School, Juan Cabrillo Middle School, and Adrian Wilcox High School.

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