NOT LISTED FOR SALE
6 Beds
5 Baths
3,264 Sq Ft
6,813 Sq Ft Lot

Last Sold March 13, 2018

Last sale price $2,140,000 $656 Per Sq Ft

32 Days on Market

Highlights

  • Contemporary Architecture
  • Balcony
  • Coin Laundry
  • Dwight D. Eisenhower Elementary School Rated A-
  • Tile Countertops
  • Carpet

About This Home

As of March 2018

Great location. Cupertino schools. Close to new Apple campus, freeway 280, Lawrence expressway, and San Tomas expressway. Good unit mix. Current rents are low. All tenants on month to month basis. City of Santa Clara does not have rent control.

Last Agent to Sell the Property

James Campbell

James E. Campbell,Broker License #00955985 Listed on: 01/07/2018

Last Buyer's Agent

Pai-Chuan Chang

Maxreal License #02022965

Maxreal

Property Details

Home Type

  • Multi-Family

Year Built

  • 1962

Lot Details

  • 6,813

Parking

  • 4 Car Garage
  • 4 Carport Spaces

Home Design

  • Quadruplex
  • Contemporary Architecture
  • Wood Frame Construction
  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 3,264 Sq Ft Home
  • 2-Story Property

Kitchen

  • Dishwasher
  • Tile Countertops

Flooring

  • Carpet
  • Vinyl

Utilities

  • Wall Furnace
  • Vented Exhaust Fan
  • Heating System Uses Gas
  • Separate Meters
  • 220 Volts
  • Individual Gas Meter

Additional Features

  • Balcony
  • 6,813 Sq Ft Lot

Listing and Financial Details

  • Total Actual Rent $85,800

Community Details

Overview

Amenities

  • Coin Laundry

Building Details

  • 4 Leased Units
  • Gardener Expense $720
  • Insurance Expense $1,473
  • Maintenance Expense $145
  • Manager Expense $450
  • Other Expense $9,990
  • Utility Expense $7,287
  • Operating Expense $27,954
  • Gross Income $82,080

Property Details

Home Type

Multi-Family

Year Built

1962

Lot Details

0

Parking

4

Listing Details

  • Zoning: R3
  • Subclass: Fourplex
  • Style: Contemporary
  • Age: 56
  • Listing Class: Residential Income (2-4 Units)
  • Structure Sq Ft: 3264
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1962

Interior Features

  • Kitchen: 220 Volt Outlet, Countertop - Tile, Dishwasher, Exhaust Fan
  • Living Sq Ft: 3264
  • Stories: 2
  • Laundry: Coin Operated
  • Flooring: Carpet, Vinyl / Linoleum

Exterior Features

  • Foundation: Concrete Perimeter
  • Roof: Composition
  • Yard/Grounds: Balcony / Patio
  • Construction Type: Wood Frame

Garage/Parking

  • Garage Spaces: 4
  • Garage Parking Features: Carport
  • Carport Min: 4

Utilities

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

Schools

  • School District: Fremont Union High
  • Elementary School: Dwight D. Eisenhower Elementary
  • Middle School: Warren E. Hyde Middle
  • High School: Cupertino High
  • High School: 256
  • Elementary School: 75
  • Middle School: 81

Lot Info

  • Lot Acres: 0.1564
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 6811.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 6811.00

Rental Info

  • Existing Lease Term(s): Month To Month
  • Gross Rent Multiplier: 24.59
  • Number Of Leased: 4

Multi Family

  • Utilities: Individual Electric Meters, Individual Gas Meters, Public Utilities
  • Expense Insurance: 1473
  • Expense Landscape: 720
  • Expense Maintenance: 145
  • Expense Management: 450
  • Expenses Other: 9990
  • Expenses Total: 27954
  • Expenses Utility: 7287
  • Income Annual Gross: 82080.00
  • Income Annual Rental: 85800
  • Income Gross Scheduled: 86400
  • Income Includes: Coin Operated Equip, Rents
  • Income Other: 600
  • Meters: Master Electric, Master Gas, Master Water, Separate Electric, Separate Gas
  • Number Of Buildings: 1
  • Operating Expenses Include: Fee - Property Tax, Insurance, Services - Gardener, Services - Sewer, Utilities, Utilities - Gas, Utilities - Water
  • Tenant Expenses: Utilities - Electric, Utilities - Gas
  • Vacancy Factor: 5

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
03/13/2018 03/13/18 Sold $2,140,000 +0.7% $656 / Sq Ft
02/09/2018 02/09/18 Pending -- -- --
01/28/2018 01/28/18 Price Changed $2,125,000 -3.4% $651 / Sq Ft
01/07/2018 01/07/18 For Sale $2,200,000 -- $674 / 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: ML81688239

MLSListings

APN: 296-34-007