NOT LISTED FOR SALE

2897 Gigi Ct San Jose, CA 95111

Hillsdale Neighborhood
5 Beds
5 Baths
2,244 Sq Ft
6,521 Sq Ft Lot

Last Sold January 08, 2018

Last sale price $965,000 $430 Per Sq Ft

14 Days on Market

About This Home

As of January 2018

OFFERS ARE BEING ACCEPTED THIS WEDNESDAY DECEMBER 20TH AT NOON. This large duplex is 2,166 square feet on a large 6,299 square foot lot. This excellent unit mix consists of a 3 bedroom, 2.5 bath with the rent at $1,900 and the second unit is a 2 bedroom, 2 bath with the rent at $1,500. There is significant rental upside! No rent control. There is also sweat equity upside. The 3 bedroom unit has a two car garage. The 2 bedroom unit has a one car garage. Both units have yards! The owners unit has a laundry room in the unit and the 2 bedroom has laundry in the garage. This building is on a Cul-de-sac. Its West of 101 and South of 280/ 680-an excellent location, nearest cross street being Senter Rd. Golf course is 2 blocks away! Retail across the street includes a jewelry store, spa, beauty salon, travel agency, a deli, a bakery, a pharmacy and a dentist. Asset needs work- huge potential though. Fixxer Upper. Add value deal!

Last Agent to Sell the Property

Larry Losness

Losness Investment Real Estate Corp License #01262964 Listed on: 12/05/2017

Last Buyer's Agent

Lien Lu

Skyview International Group License #01472998

Property Details

Home Type

  • Multi-Family

Year Built

  • 1979

Lot Details

  • 6,521 Sq Ft Lot

Parking

  • 3 Car Garage

Home Design

  • Duplex
  • Slab Foundation
  • Composition Roof

Interior Spaces

  • 2,244 Sq Ft Home
  • 2-Story Property
  • Washer and Dryer

Utilities

  • Forced Air Heating System
  • Separate Meters
  • Individual Gas Meter

Listing and Financial Details

  • Total Actual Rent $40,800

Community Details

Overview

Building Details

  • 2 Leased Units
  • Insurance Expense $2,026
  • Maintenance Expense $1,000
  • Utility Expense $700
  • Trash Expense $744
  • Operating Expense $13,120
  • Gross Income $40,800

Property Details

Home Type

Multi-Family

Year Built

1979

Lot Details

0

Parking

3

Listing Details

  • Zoning: R2
  • Subclass: Duplex
  • Age: 38
  • Listing Class: Residential Income (2-4 Units)
  • Structure Sq Ft: 2244
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1979

Interior Features

  • Living Sq Ft: 2244
  • Stories: 2
  • Laundry: Washer / Dryer

Exterior Features

  • Foundation: Concrete Slab
  • Roof: Composition

Garage/Parking

  • Garage Spaces: 3
  • Parking Spaces: 2
  • Garage Parking Features: Attached Garage

Utilities

  • Heating System: Central Forced Air
  • Sewer/Septic System: Sewer Connected

Schools

  • School District: East Side Union High

Lot Info

  • Lot Acres: 0.1497
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 6523.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 6523.00

Rental Info

  • Existing Lease Term(s): Month To Month
  • Gross Rent Multiplier: 21.22
  • Number Of Leased: 2

Multi Family

  • Utilities: Individual Electric Meters, Individual Gas Meters
  • Expense Insurance: 2026
  • Expense Maintenance: 1000
  • Expenses Total: 13120
  • Expenses Utility: 700
  • Expense Trash: 744
  • Income Annual Gross: 40800.00
  • Income Annual Rental: 40800
  • Income Gross Scheduled: 40800
  • Income Includes: Rents
  • Meters: Separate Electric, Separate Gas, Separate Water
  • Number Of Buildings: 1
  • Operating Expenses Include: Fee - Property Tax, Insurance, Maintenance - Repair
  • Tenant Expenses: Services - Trash Removal, Utilities - Electric, Utilities - Gas

Range of Values:

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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 Change Sq Ft Price
01/08/2018 01/08/18 Sold $965,000 +11.4% $430 / Sq Ft
12/20/2017 12/20/17 Pending -- -- --
12/19/2017 12/19/17 Price Changed $865,888 +0.1% $386 / Sq Ft
12/14/2017 12/14/17 For Sale $865,000 0.0% $385 / Sq Ft
12/10/2017 12/10/17 Pending -- -- --
12/05/2017 12/05/17 For Sale $865,000 -- $385 / Sq Ft
Source: MLSListings

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • L

    Seller's Agent in 2018

    Larry Losness

    Losness Investment Real Estate Corp

    Section Image

  • L

    Buyer's Agent in 2018

    Lien Lu

    Skyview International Group

    Section Image
See All Agents

Map

Source: MLSListings

MLS Number: ML81686380

MLSListings

APN: 497-47-016

California Santa Clara County San Jose 95111 Hillsdale

2897 Gigi Ct, San Jose, CA

This home is located at 2897 Gigi Ct, San Jose, CA 95111 since 05 December 2017. This property was built in 1979. 2897 Gigi Ct is a home located in Santa Clara County with nearby schools including Captain Jason M. Dahl Elementary School, Sylvandale Middle School, and Andrew P. Hill High School.

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