NOT LISTED FOR SALE

2929 David Ave San Jose, CA 95128

Castlemont Neighborhood
4 Beds
2 Baths
1,919 Sq Ft
7,375 Sq Ft Lot

Last Sold May 28, 2019

Last sale price $1,295,000 $675 Per Sq Ft

6 Days on Market

About This Home

As of May 2019

Side-by-side duplex on a large lot. Both units have front and back yard. Below market rent with upside potential. No rent control. Convenient location - minutes away from Santana Row, Santa Clara Valley Medical Center, San Jose City College, ebay headquarter and hwy 280.

Last Agent to Sell the Property

Monica Yeung

Just Global Inc. License #01225247 Listed on: 04/19/2019

Last Buyer's Agent

Dafna Mizrahi

Coldwell Banker Realty License #00605924

Coldwell Banker Realty

Property Details

Home Type

  • Multi-Family

Year Built

  • 1958

Lot Details

  • 7,375

Parking

  • 2 Car Garage

Home Design

  • Duplex
  • Composition Roof

Interior Spaces

  • 1,919 Sq Ft Home
  • 1-Story Property
  • Crawl Space

Additional Features

  • 7,375 Sq Ft Lot
  • Wall Furnace

Listing and Financial Details

  • Total Actual Rent $46,092

Community Details

Overview

Building Details

  • 2 Leased Units
  • Insurance Expense $1,235
  • Maintenance Expense $1,874
  • Utility Expense $674
  • Operating Expense $20,658
  • Gross Income $44,709

Property Details

Home Type

Multi-Family

Year Built

1958

Lot Details

0

Parking

2

Listing Details

  • Zoning: R2
  • Subclass: Duplex
  • Listing Class: Residential Income (2-4 Units)
  • Structure Sq Ft: 1919
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1958

Interior Features

  • Living Sq Ft: 1919
  • Stories: 1

Exterior Features

  • Foundation: Crawl Space
  • Roof: Composition

Garage/Parking

  • Garage Spaces: 2
  • Parking Spaces: 2

Utilities

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

Lot Info

  • Lot Acres: 0.1693
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 7375.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 7375.00

Rental Info

  • Existing Lease Term(s): Month To Month
  • Gross Rent Multiplier: 28.10
  • Number Of Leased: 2

Multi Family

  • Utilities: Public Utilities
  • Expense Insurance: 1235
  • Expense Maintenance: 1874
  • Expenses Total: 20658
  • Expenses Utility: 674
  • Income Annual Gross: 44709.00
  • Income Annual Rental: 46092
  • Income Gross Scheduled: 46092
  • Meters: Separate Electric, Separate Gas
  • Number Of Buildings: 1
  • Vacancy Factor: 3

Range of Values:

--
Value Increase
--
Percent Increase
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Adjusted for Inflation
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Average Value
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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
05/28/2019 05/28/19 Sold $1,295,000 0.0% $675 / Sq Ft
04/26/2019 04/26/19 Pending -- -- --
04/19/2019 04/19/19 For Sale $1,295,000 -- $675 / Sq Ft
Source: MLSListings

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $19,413 $1,444,590 $1,171,292 $273,298
2024 $19,413 $1,416,266 $1,148,326 $267,940
2023 $19,053 $1,388,497 $1,125,810 $262,687
2022 $18,884 $1,361,273 $1,103,736 $257,537
2021 $18,514 $1,334,583 $1,082,095 $252,488
2020 $17,997 $1,320,900 $1,071,000 $249,900
2019 $6,583 $380,896 $190,448 $190,448
2018 $6,394 $373,428 $186,714 $186,714
2017 $6,299 $366,106 $183,053 $183,053
2016 $5,963 $358,928 $179,464 $179,464
2015 $5,878 $353,538 $176,769 $176,769
2014 $5,019 $346,614 $173,307 $173,307
Source: Public Records

Agents Affiliated with this Home

  • Monica Yeung

    Seller's Agent in 2019

    Monica Yeung

    Just Global Inc.

    (408) 799-2839

    63 Total Sales

    Monica Yeung
    Section Image

  • D

    Buyer's Agent in 2019

    Dafna Mizrahi

    Coldwell Banker Realty

    Section Image
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Map

Source: MLSListings

MLS Number: ML81747876

MLSListings

APN: 279-26-044

California Santa Clara County San Jose 95008 Castlemont

2929 David Ave, San Jose, CA

Not Listed for Sale

MultiFamily

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