NOT LISTED FOR SALE
3 Beds
4 Baths
1,440 Sq Ft
4,500 Sq Ft Lot

Last Sold March 25, 2019

Last sale price $1,028,000 $714 Per Sq Ft

69 Days on Market

Highlights

  • Wood Flooring
  • Forced Air Heating and Cooling System
  • 1-Story Property
  • 1 Car Detached Garage

About This Home

As of March 2019

Attention all Investors!!!! New reduced Price!! Gorgeous duplex located in the heart of downtown San Jose and close distance to future GOOGLE complex, Google Transit Village, Adobes new Offices , Amazon , Bart and Caltrain. Near San Jose State University, Japan Town, Shopping and restaurants. Recently Updated, currently used as a 4 bedroom, 3 bath, single family home, easy to make it a duplex again. Laundry room, Huge basement and detached 2 car garage. Best of all is the Zoning 'CG' Commercial General, but grandfathered residential. located in a Corner Lot with two addresses. This is an opportunity of a lifetime!!!!

Last Agent to Sell the Property

Alex Hernandez

Corcoran Icon Properties License #01476825 Listed on: 12/19/2018

Corcoran Icon Properties

Last Buyer's Agent

Alex Hernandez

Corcoran Icon Properties License #01476825 Listed on: 12/19/2018

Corcoran Icon Properties

Property Details

Home Type

  • Multi-Family

Year Built

  • 1926

Lot Details

  • 4,500 Sq Ft Lot

Parking

  • 1 Car Detached Garage
  • 1 Carport Space

Home Design

  • Duplex
  • Raised Foundation
  • Composition Roof

Interior Spaces

  • 1,440 Sq Ft Home
  • 1-Story Property
  • Crawl Space

Flooring

  • Wood
  • Carpet

Utilities

  • Forced Air Heating and Cooling System
  • Individual Gas Meter

Listing and Financial Details

  • Total Actual Rent $36,800

Community Details

Overview

Building Details

  • 1 Leased Unit
  • Insurance Expense $1,200
  • Maintenance Expense $950
  • Utility Expense $720
  • Trash Expense $410
  • Operating Expense $7,206
  • Gross Income $36,800

Property Details

Home Type

Multi-Family

Year Built

1926

Lot Details

0

Parking

1

Listing Details

  • Zoning: CG
  • Subclass: Duplex
  • Age: 92
  • Listing Class: Residential Income (2-4 Units)
  • Structure Sq Ft: 1440
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1926

Interior Features

  • Living Sq Ft: 1440
  • Stories: 1
  • Flooring: Carpet, Hardwood

Exterior Features

  • Foundation: Crawl Space, Raised
  • Roof: Composition

Garage/Parking

  • Garage Spaces: 1
  • Parking Spaces: 3
  • Garage Parking Features: Covered Parking, Detached Garage, Parking Restrictions
  • Carport Min: 1

Utilities

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

Schools

  • School District: San Jose Unified

Lot Info

  • Lot Acres: 0.1033
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 4500.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 4500.00

Rental Info

  • Existing Lease Term(s): Month To Month
  • Gross Rent Multiplier: 28.53
  • Number Of Leased: 1

Multi Family

  • Utilities: Individual Gas Meters, Public Utilities
  • Expense Insurance: 1200
  • Expense Maintenance: 950
  • Expenses Total: 7206
  • Expenses Utility: 720
  • Expense Trash: 410
  • Income Annual Gross: 36800.00
  • Income Annual Rental: 36800
  • Income Gross Scheduled: 36800
  • Income Includes: Rents
  • Meters: Separate Gas
  • Number Of Buildings: 1
  • Operating Expenses Include: Fee - Property Tax, Loan - Mortgage, Maintenance - Repair, Services - Sewer, Services - Trash Removal, Vacancy Factor
  • Tenant Expenses: Utilities - Electric, Utilities - Heating, Utilities - Water

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
03/25/2019 03/25/19 Sold $1,028,000 -2.1% $714 / Sq Ft
02/27/2019 02/27/19 Pending -- -- --
02/20/2019 02/20/19 Price Changed $1,050,000 -4.5% $729 / Sq Ft
12/19/2018 12/19/18 For Sale $1,100,000 -- $764 / 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: ML81733656

MLSListings

APN: 467-02-045