NOT LISTED FOR SALE

282 S 10th St San Jose, CA 95112

Naglee Park Neighborhood
5 Beds
4 Baths
2,600 Sq Ft
6,817 Sq Ft Lot

Last Sold April 23, 2021

Last sale price $1,575,000 $606 Per Sq Ft

6 Days on Market

About This Home

As of April 2021

Rare opportunity to purchase a truly turnkey asset directly adjacent to San Jose State University! The property has undergone extensive interior and exterior renovations. The spacious units average 640 sq. ft. each and boast many improvements including remodeled kitchens complete with new cabinets, countertops, and appliances and updated bathrooms. Tenants enjoy the new LVT flooring, baseboards, recessed lighting and on-site laundry facilities. The property is conveniently located moments to exciting new developments including the future Google Campus, Diridon station, and Bart stations and is convenient to 280/87. Offering Memorandum and link to property disclosures available upon request.

Last Agent to Sell the Property

Joel Hopman

Newmark Cornish & Carey License #01934574 Listed on: 03/16/2021

Last Buyer's Agent

Tony Sum

Upswing Real Estate License #01731561

Property Details

Home Type

  • Multi-Family

Year Built

  • 1912

Lot Details

  • 6,817 Sq Ft Lot

Home Design

  • Quadruplex
  • Shingle Roof
  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 2,600 Sq Ft Home
  • 2-Story Property

Parking

  • 3 Parking Spaces
  • 4 Carport Spaces
  • On-Street Parking
  • Off-Site Parking
  • Assigned Parking

Utilities

  • Cooling System Mounted To A Wall/Window
  • Forced Air Heating System
  • Separate Meters
  • Individual Gas Meter

Listing and Financial Details

  • Total Actual Rent $92,124

Community Details

Overview

Building Details

  • 3 Leased Units
  • Gardener Expense $1,200
  • Insurance Expense $1,700
  • Maintenance Expense $2,000
  • Other Expense $300
  • Utility Expense $3,225
  • Trash Expense $2,520
  • Operating Expense $31,361
  • Gross Income $90,476

Property Details

Home Type

Multi-Family

Year Built

1912

Lot Details

0

Listing Details

  • Zoning: RM
  • Subclass: Fourplex
  • Age: 109
  • Listing Class: Residential Income (2-4 Units)
  • Structure Sq Ft: 2600
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1912

Interior Features

  • Living Sq Ft: 2600
  • Stories: 2

Exterior Features

  • Foundation: Concrete Perimeter
  • Roof: Composition, Shingle

Garage/Parking

  • Parking Spaces: 3
  • Garage Parking Features: Assigned Spaces, Off-Site Parking, On Street
  • Carport Min: 4

Utilities

  • Cooling System: Window / Wall Unit
  • Heating System: Forced Air
  • Sewer/Septic System: Sewer - Public

Schools

  • School District: San Jose Unified

Lot Info

  • Lot Acres: 0.1565
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 6816.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 6816.00

Rental Info

  • Existing Lease Term(s): 1 Year Lease, Less Than 1 Yr
  • Gross Rent Multiplier: 17.10
  • Number Of Leased: 3

Multi Family

  • Utilities: Individual Electric Meters, Individual Gas Meters
  • Expense Insurance: 1700
  • Expense Landscape: 1200
  • Expense Maintenance: 2000
  • Expenses Other: 300
  • Expenses Total: 31361
  • Expenses Utility: 3225
  • Expense Trash: 2520
  • Income Annual Gross: 90476.00
  • Income Annual Rental: 92124
  • Income Gross Scheduled: 93274
  • Income Includes: Laundry, Rents
  • Income Other: 1150
  • Meters: Master Water, Separate Electric, Separate Gas
  • Number Of Buildings: 1
  • Operating Expenses Include: Fee - Property Tax, Insurance, Maintenance - Repair, Services - Gardener, Utilities
  • Tenant Expenses: Utilities - Electric, Utilities - Gas
  • Vacancy Factor: 3

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
04/23/2021 04/23/21 Sold $1,575,000 -1.3% $606 / Sq Ft
03/23/2021 03/23/21 Pending -- -- --
03/16/2021 03/16/21 For Sale $1,595,000 -- $613 / Sq Ft
Source: MLSListings

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2021

    Joel Hopman

    Newmark Cornish & Carey

    (650) 688-8536

    2 in this area

    42 Total Sales

    Joel Hopman
    Section Image
  • Tony Sum

    Buyer's Agent in 2021

    Tony Sum

    Upswing Real Estate

    (408) 891-8289

    3 in this area

    69 Total Sales

    Tony Sum
    Section Image
See All Agents

Map

Source: MLSListings

MLS Number: ML81834378

MLSListings

APN: 467-42-043

California Santa Clara County San Jose 95112 Naglee Park

282 S 10th St, San Jose, CA

This home is located at 282 S 10th St, San Jose, CA 95112 since 16 March 2021. This property was built in 1912. 282 S 10th St is a home located in Santa Clara County with nearby schools including Horace Mann Elementary School, Muwekma Ohlone Middle, and San Jose High School.

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