$1,500,000
SOLD JUN 20, 2023
5 Beds
3 Baths
2,248 Sq Ft
7,283 Sq Ft Lot

Recently Sold

$667 Per Sq Ft

5% Below List Price

30 Days on Market

About This Home

As of June 2023

New Price. Rare duplex w/North San Jose & Milpitas border on desirable convenient location. Excellent opportunity to own a well maintained DUPLEX on a corner lot. Each with its own address: 3101 Laneview Dr. (3bd 2 ba.) & 2104 Morrill Ave (2bd 1 ba). Both units have enclosed garages and private backyards. Updated kitchens and bathrooms, laminate wood flooring, copper plumbing throughout, dual paned windows. Large driveway is extended for RV, car, or boat parking. Short walk to Laneview Elementary. Convenient location near Great Mall, Costco, Supermarket, Park and many retail amenities. Close to Milpitas BART Station & Berryessa BART Station. Easy excess to, 680,880,237 & 101 freeways. . Easy commute to high tech employers. This is a perfect opportunity to rent one and live in the other unit. Perfect for Multi-generational families.

Last Agent to Sell the Property

Mimi Du

Alliance Bay Realty License #01304977 Listed on: 04/28/2023

Alliance Bay Realty

Last Buyer's Agent

Anh Vu

Pacificwide Real Estate & Mortgage License #01847663

Pacificwide Real Estate & Mortgage

Property Details

Home Type

  • Multi-Family

Year Built

  • 1965

Parking

  • 2 Car Garage
  • 2 Carport Spaces
  • On-Street Parking

Home Design

  • 2,248 Sq Ft Home
  • Duplex
  • Shingle Roof
  • Composition Roof
  • Concrete Perimeter Foundation

Additional Features

  • 7,283 Sq Ft Lot
  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Total Actual Rent $67,800

Community Details

Overview

  • 2,248 Sq Ft Building

Building Details

  • 2 Leased Units
  • Insurance Expense $1,104
  • Operating Expense $18,527
  • Gross Income $67,800

Property Details

Home Type

Multi-Family

Year Built

1965

Lot Details

0

Parking

2

Listing Details

  • Zoning: R-2
  • Subclass: Duplex
  • Age: 58
  • Listing Class: Residential Income (2-4 Units)
  • Structure Sq Ft: 2248
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1965

Interior Features

  • Living Sq Ft: 2248

Exterior Features

  • Foundation: Concrete Perimeter
  • Roof: Composition, Shingle

Garage/Parking

  • Garage Spaces: 2
  • Parking Spaces: 4
  • Garage Parking Features: Attached Garage, On Street
  • Carport Min: 2

Utilities

  • Cooling System: Central Ac
  • Heating System: Central Forced Air
  • Sewer/Septic System: Sewer - Public

Schools

  • School District: East Side Union High
  • Elementary School: Laneview Elementary
  • Elementary School: 30

Lot Info

  • Lot Acres: 0.1672
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 7283.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 7283.00

Rental Info

  • Gross Rent Multiplier: 23.30
  • Number Of Leased: 2

Multi Family

  • Utilities: Public Utilities
  • Expense Insurance: 1104
  • Expenses Total: 18527
  • Income Annual Gross: 67800.00
  • Income Annual Rental: 67800
  • Income Gross Scheduled: 67800
  • Meters: Separate Electric, Separate Gas, Separate Other, Separate Water
  • Number Of Buildings: 2
  • Operating Expenses Include: Fee - Property Tax, Insurance, Maintenance
  • Tenant Expenses: Services - Sewer, Utilities - Electric, Utilities - Gas, Utilities - Heating, Utilities - Hot Water, Utilities - Water

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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
06/20/2023 06/20/23 Sold $1,500,000 -5.1% $667 / Sq Ft
05/29/2023 05/29/23 Pending -- -- --
05/15/2023 05/15/23 For Sale $1,580,000 0.0% $703 / Sq Ft
05/12/2023 05/12/23 Pending -- -- --
05/06/2023 05/06/23 Price Changed $1,580,000 -6.0% $703 / Sq Ft
04/28/2023 04/28/23 For Sale $1,680,000 +55.8% $747 / Sq Ft
07/22/2016 07/22/16 Sold $1,078,000 +2.7% $480 / Sq Ft
07/18/2016 07/18/16 Pending -- -- --
06/29/2016 06/29/16 For Sale $1,050,000 -- $467 / 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: ML81926368

MLSListings

APN: 092-20-001