$900,000

307 N 3rd St King City, CA 93930

Estimated payment $4,803/month

Total Views 339
5 Beds
4 Baths
2,763 Sq Ft
$326 Price per Sq Ft

Highlights

  • High Ceiling
  • Shed
  • Forced Air Heating System
  • Storage Room
  • Tile Flooring
  • Ceiling Fan

About This Home

Great investment opportunity featuring three units in a convenient location near downtown and the movie theater. The property includes a spacious 3 bedroom, 2 full bath home in the front along with two studio units located in the rear of the property. The front home offers a comfortable layout with a living room, family room, and dining area. The kitchen features custom cabinetry and a large pantry, and the home also includes an inside laundry room with a sink. The bathrooms and family room feature custom cabinetry as well. A small private backyard area is located behind the home. The two rear studio units each include a full bathroom. A shared carport area provides covered parking and storage space for each unit. The property also features a large backyard area with many possibilities, along with a detached garage that would be ideal for additional storage. Conveniently located close to the downtown area, shopping, and the movie theater. Excellent opportunity for investors or buyers looking to live in one unit while generating rental income.

Listing Agent

Katie Harris

Buttgereit Pettitt & Davis Agency License #02078781 Listed on: 03/05/2026

Property Details

Home Type

  • Multi-Family

Year Built

  • 1910

Parking

  • 3 Carport Spaces

Home Design

  • Shingle Roof
  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 2,763 Sq Ft Home
  • 1-Story Property
  • High Ceiling
  • Ceiling Fan
  • Storage Room
  • Crawl Space

Flooring

  • Carpet
  • Tile
  • Vinyl

Utilities

  • Forced Air Heating System
  • Wall Furnace

Additional Features

  • Shed
  • Grass Covered Lot

Listing and Financial Details

Community Details

Overview

  • 2,763 Sq Ft Building

Building Details

  • 3 Leased Units
  • Insurance Expense $2,786
  • Maintenance Expense $2,673
  • Manager Expense $3,840
  • Utility Expense $2,303
  • Trash Expense $2,840
  • Operating Expense $16,724
  • Gross Income $59,094

Property Details

Home Type

Multi-Family

Year Built

1910

Lot Details

9,583 Sq Ft Lot

Listing Details

  • Zoning: R-4
  • Subclass: Multiple Dwellings / Structures
  • Listing Class: Residential Income (2-4 Units)
  • Structure Sq Ft: 2763
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1910

Interior Features

  • Kitchen: Pantry
  • Living Sq Ft: 2763
  • Stories: 1
  • Flooring: Carpet, Tile, Vinyl / Linoleum
  • Additional Rooms: Storage

Exterior Features

  • Foundation: Concrete Perimeter, Crawl Space
  • Roof: Composition, Shingle
  • Yard/Grounds: Low Maintenance, Storage Shed / Structure

Garage/Parking

  • Garage Parking Features: Covered Parking
  • Carport Min: 3

Utilities

  • Cooling System: Ceiling Fan
  • Heating System: Forced Air, Wall Furnace
  • Sewer/Septic System: Sewer - Public

Association/Amenities

  • Amenities Miscellaneous: High Ceiling

Lot Info

  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 9500.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 9500.00

Rental Info

  • Existing Lease Term(s): Month To Month
  • Gross Rent Multiplier: 14.93
  • Number Of Leased: 3

Multi Family

  • Utilities: Public Utilities
  • Expense Insurance: 2786
  • Expense Maintenance: 2673
  • Expense Management: 3840
  • Expenses Total: 16724
  • Expenses Utility: 2303
  • Expense Trash: 2840
  • Income Annual Gross: 59094.00
  • Income Annual Rental: 60300
  • Income Gross Scheduled: 60300
  • Income Includes: Rents
  • Meters: Separate Electric, Separate Gas
  • Number Of Buildings: 2
  • Operating Expenses Include: Fee - Property Management, Fee - Property Tax, Insurance, Services - Sewer, Services - Trash Removal, Utilities - Water
  • Vacancy Factor: 2

Map

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





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 $2,047 $176,599 $63,244 $113,355
2024 $2,047 $173,137 $62,004 $111,133
2023 $2,078 $169,743 $60,789 $108,954
2022 $1,956 $166,416 $59,598 $106,818
2021 $1,869 $163,154 $58,430 $104,724
2020 $1,892 $161,482 $57,831 $103,651
2019 $1,848 $158,317 $56,698 $101,619
2018 $1,815 $155,214 $55,587 $99,627
2017 $1,784 $152,172 $54,498 $97,674
2016 $1,724 $149,189 $53,430 $95,759
2015 $1,697 $146,949 $52,628 $94,321
2014 $1,681 $144,072 $51,598 $92,474
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/05/2026 03/05/26 For Sale $900,000 -- $326 / Sq Ft
Source: MLSListings

Source: MLSListings

MLS Number: ML82037306

MLSListings

APN: 026-184-007

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