NOT LISTED FOR SALE
7 Beds
5 Baths
3,654 Sq Ft
7,048 Sq Ft Lot

Last Sold October 21, 2020

Last sale price $1,900,000 $520 Per Sq Ft

11 Days on Market

Highlights

  • Post and Beam
  • Enclosed Parking
  • Guest Parking
  • Manuel De Vargas Elementary School Rated A-
  • 5 Car Attached Garage
  • Forced Air Heating System

About This Home

As of October 2020

Great Investment opportunity in prime West San Jose with top Cupertino schools. , All Units rented, long-term renters, close to shopping, easy access to freeway and Tech Companies. Wonderfully maintained Fourplex by long time owner! Most units completely remodeled recently. Each unit has a patio or balcony. Rent is below market.

Last Agent to Sell the Property

Anthony Chang

Anthony Chang, Broker License #01356373 Listed on: 09/10/2020

Last Buyer's Agent

Meena Jandir

Redfin License #02055930

Redfin

Property Details

Home Type

  • Multi-Family

Year Built

  • 1964

Lot Details

  • 7,048 Sq Ft Lot

Parking

  • 5 Car Attached Garage
  • Enclosed Parking
  • Guest Parking
  • Off-Street Parking

Home Design

  • Quadruplex
  • Post and Beam
  • Wood Frame Construction
  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 3,654 Sq Ft Home
  • 2-Story Property
  • Crawl Space
  • Fire and Smoke Detector

Utilities

  • Forced Air Heating System
  • Separate Meters

Listing and Financial Details

  • Total Actual Rent $104,016

Community Details

Overview

Building Details

  • 4 Leased Units
  • Gardener Expense $1,000
  • Insurance Expense $1,200
  • Maintenance Expense $1,000
  • Utility Expense $2,400
  • Trash Expense $1,680
  • Operating Expense $23,621
  • Gross Income $104,216

Property Details

Home Type

Multi-Family

Year Built

1964

Lot Details

0

Parking

5

Listing Details

  • Zoning: RM
  • Subclass: Fourplex
  • Age: 56
  • Listing Class: Residential Income (2-4 Units)
  • Structure Sq Ft: 3654
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1964

Interior Features

  • Living Sq Ft: 3654
  • Stories: 2
  • Security: Fire Alarm

Exterior Features

  • Foundation: Concrete Perimeter, Crawl Space, Post And Beam, Sealed Crawlspace, Wood Frame
  • Roof: Composition

Garage/Parking

  • Garage Spaces: 5
  • Parking Spaces: 5
  • Garage Parking Features: Attached Garage, Enclosed, Guest / Visitor Parking, Off-Street Parking

Utilities

  • Heating System: Forced Air
  • Sewer/Septic System: Sewer - Public

Schools

  • School District: Fremont Union High
  • Elementary School: Manuel De Vargas Elementary
  • Middle School: Warren E. Hyde Middle
  • High School: Cupertino High
  • High School: 256
  • Elementary School: 71
  • Middle School: 81

Lot Info

  • Lot Acres: 0.1618
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 7050.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 7050.00

Rental Info

  • Existing Lease Term(s): Lease Agreement - Written, Month To Month
  • Gross Rent Multiplier: 19.08
  • Number Of Leased: 4

Multi Family

  • Utilities: Individual Electric Meters, Public Utilities
  • Expense Insurance: 1200
  • Expense Landscape: 1000
  • Expense Maintenance: 1000
  • Expenses Total: 23621
  • Expenses Utility: 2400
  • Expense Trash: 1680
  • Income Annual Gross: 104216.00
  • Income Annual Rental: 104016
  • Income Gross Scheduled: 104216
  • Income Includes: Coin Operated Equip
  • Income Other: 200
  • Meters: Master Water, Separate Electric
  • Number Of Buildings: 1
  • Operating Expenses Include: Fee - Property Tax, Insurance, Loan - Mortgage, Maintenance - Repair, Services - Gardener, Utilities - Electric, Utilities - Hot Water, Utilities - Water
  • Tenant Expenses: Utilities - Electric, Utilities - Gas

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
10/21/2020 10/21/20 Sold $1,900,000 -4.4% $520 / Sq Ft
09/22/2020 09/22/20 Pending -- -- --
09/10/2020 09/10/20 For Sale $1,988,000 -- $544 / 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: ML81810148

MLSListings

APN: 296-39-038