NOT LISTED FOR SALE
8 Beds
-- Bath
3,014 Sq Ft
0.3 Acres

Last Sold July 16, 2013

Last sale price $831,000 $276 Per Sq Ft

12 Days on Market

About This Home

As of July 2013

Great positive income investment opportunity. Located in the beautiful neighborhood of Blossom Valley. This is a 2bed/1bath 4-Plex, with a lot in back approved by City (expired) to build another duplex. The owner had intension to build a Tri-Plex instead, so a preliminary drawing is available upon request. Showing by appointments only!

Last Agent to Sell the Property

Victor Hsu

Intero Real Estate Services License #01702164 Listed on: 05/22/2013

Intero Real Estate Services

Last Buyer's Agent

Victor Hsu

Intero Real Estate Services License #01702164 Listed on: 05/22/2013

Intero Real Estate Services

Property Details

Home Type

  • Multi-Family

Year Built

  • 1963

Lot Details

  • 0.3

Parking

  • Carport

Home Design

  • Quadruplex
  • Shingle Roof

Interior Spaces

  • 3,014 Sq Ft Home
  • 2-Story Property

Kitchen

  • Oven or Range
  • Dishwasher

Flooring

  • Wood
  • Carpet

Utilities

  • Wall Furnace
  • Sewer Within 50 Feet

Listing and Financial Details

  • Total Actual Rent $51,360
  • The owner pays for garbage, water
  • Month-to-Month Lease Term

Community Details

Building Details

  • Insurance Expense $950
  • Trash Expense $2,074
  • Operating Expense $12,603
  • Gross Income $51,360

Additional Features

  • 3,014 Sq Ft Building
  • Laundry Facilities

Property Details

Home Type

Multi-Family

Year Built

1963

Lot Details

0

Listing Details

  • Zoning: RM
  • Subclass: Fourplex
  • Age: 50
  • Sale Price Per Sq Ft: 275.71
  • Listing Class: Residential Income (2-4 Units)
  • Max Numberof Unitsin Complex: 4
  • Min Numberof Unitsin Complex: 4
  • Structure Sq Ft: 3014
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1963

Interior Features

  • Kitchen: Dishwasher, Oven Range, Refrigerator
  • Living Sq Ft: 3014
  • Stories: 2
  • Laundry: 220 Volt Outlet, Community Facility
  • Flooring: Carpet - Area, Hardwood, Carpet

Exterior Features

  • Roof: Shingle

Garage/Parking

  • Garage Parking Features: Carport

Utilities

  • Heating System: Wall Furnace
  • Sewer/Septic System: Sewer In Street, Sewer Connected

Association/Amenities

  • Amenities Miscellaneous: Storage Locker

Schools

  • School District: San Jose Unified

Lot Info

  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 13200.00
  • Lot Size Area Maximum Units: Square Feet
  • Lot Size Area Max Search: 13200.00
  • Lot Size Area Min Search: 13200.00
  • Maximum Lot Size: 13200.00

Rental Info

  • Existing Lease Term(s): Month To Month, 1 Year Lease
  • Gross Rent Multiplier: 16.06

Multi Family

  • Expense Insurance: 950
  • Expenses Total: 12603
  • Expense Trash: 2074
  • Expense Water Sewer: 1859
  • Income Annual Gross: 51360.00
  • Income Annual Rental: 51360
  • Income Gross Scheduled: 51360
  • Income Includes: Lease
  • Maximum Building Height: 2
  • Meters: Separate Electric, Separate Gas, Master Water
  • Minimum Building Height: 2
  • Number Of Buildings: 1
  • Operating Expenses Include: Services - Trash Removal, Utilities - Water, Insurance, Fee - Property Tax
  • Owner Pays: Garbage, Water
  • Tenant Expenses: Utilities - Gas, Utilities - Heating, Utilities - Hot Water, Cable Tv, Utilities - Electric

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 List to Sale Price per Sq Ft
07/16/2013 07/16/13 Sold $831,000 +0.7% $276 / Sq Ft
06/03/2013 06/03/13 Pending -- -- --
05/22/2013 05/22/13 For Sale $825,000 -- $274 / 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: ML81317882

MLSListings

APN: 455-26-025