NOT LISTED FOR SALE
8 Beds
5 Baths
3,544 Sq Ft
7,562 Sq Ft Lot

Sale Details

Date Sold: September 24, 2021

Last sale price $1,650,000 $466 Per Sq Ft

13 Days on Market

Highlights

  • 0.17 Acre Lot
  • 4 Car Attached Garage
  • Ceiling Fan
  • Granite Countertops
  • Tile Flooring
  • Coin Laundry

About This Home

As of September 2021

Fantastic investment opportunity! Great Four-Unit Multifamily Nestled in Blossom Valley San Jose; Desirable Unit-mix: 3bd/2ba, 2b/1ba, 2bd/1ba, 1bd/1b; All Units Rented w/ Stable Income; Updated Kitchens with Granite Countertop, Wood Cabinetry and Tile Floor; Garage Door with Opener; Laundry and Extra Storage in Garage; Convenient Location Close to Willow Glen, Pruneyard, Oakridge Mall, Almaden Plaza, Costco, Traer Joes, Whole Foods, Restaurant and Shopping; Easy Access to Highway 87/85/280, Capitol/Almaden Expressway, Light Rail Station and Jobs

Last Agent to Sell the Property

Joseph Yen

Compass License #01136969 Listed on: 08/27/2021

Compass

Last Buyer's Agent

Mehdi Safipour

Keller Williams Realty-Silicon Valley License #01730428

Keller Williams Realty-Silicon Valley

Property Details

Home Type

  • Multi-Family

Year Built

  • 1963

Lot Details

  • 7,562 Sq Ft Lot
  • Level Lot

Parking

  • 4 Car Attached Garage
  • Garage Door Opener
  • Off-Street Parking

Home Design

  • Quadruplex
  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 3,544 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Washer and Dryer

Kitchen

  • Gas Oven
  • Range Hood
  • Granite Countertops

Flooring

  • Carpet
  • Laminate
  • Tile

Utilities

  • Cooling System Mounted To A Wall/Window
  • Wall Furnace

Listing and Financial Details

  • Total Actual Rent $91,860

Community Details

Overview

Amenities

  • Coin Laundry

Building Details

  • 4 Leased Units
  • Gardener Expense $720
  • Insurance Expense $2,000
  • Utility Expense $1,317
  • Trash Expense $1,934
  • Operating Expense $20,283
  • Gross Income $91,860

Property Details

Home Type

Multi-Family

Year Built

1963

Lot Details

7,562 Sq Ft Lot

Parking

4

Listing Details

  • Zoning: RM
  • Subclass: Fourplex
  • Listing Class: Residential Income (2-4 Units)
  • Structure Sq Ft: 3544
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1963

Interior Features

  • Kitchen: Countertop - Granite, Hood Over Range, Oven Range - Electric, Oven Range - Gas
  • Living Sq Ft: 3544
  • Stories: 2
  • Laundry: Coin Operated, Washer / Dryer
  • Flooring: Carpet, Laminate, Tile

Exterior Features

  • Foundation: Concrete Perimeter
  • Roof: Composition

Garage/Parking

  • Garage Spaces: 4
  • Parking Spaces: 2
  • Garage Parking Features: Attached Garage, Gate / Door Opener, Off-Street Parking

Utilities

  • Cooling System: Ceiling Fan, Window / Wall Unit
  • Heating System: Wall Furnace
  • Sewer/Septic System: Sewer - Public, Sewer Connected

Schools

  • High School: 345

Lot Info

  • Lot Description: Grade - Level, Regular
  • Lot Acres: 0.1736
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 7564.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 7564.00

Rental Info

  • Existing Lease Term(s): Lease Agreement - Written, Security Deposit
  • Gross Rent Multiplier: 17.96
  • Number Of Leased: 4

Multi Family

  • Utilities: Public Utilities
  • Expense Insurance: 2000
  • Expense Landscape: 720
  • Expenses Total: 20283
  • Expenses Utility: 1317
  • Expense Trash: 1934
  • Income Annual Gross: 91860.00
  • Income Annual Rental: 91860
  • Income Gross Scheduled: 91860
  • Income Includes: Rents
  • Meters: Separate Common Area, Separate Electric, Separate Gas
  • Number Of Buildings: 1
  • Operating Expenses Include: Fee - Property Management, Fee - Property Tax, Insurance, Maintenance, Services - Gardener, Services - Trash Removal
  • Tenant Expenses: Utilities - Electric, Utilities - Gas, 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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/24/2021 09/24/21 Sold $1,650,000 0.0% $466 / Sq Ft
09/10/2021 09/10/21 Pending -- -- --
08/27/2021 08/27/21 For Sale $1,650,000 +72.6% $466 / Sq Ft
05/30/2014 05/30/14 Sold $956,000 +6.2% $270 / Sq Ft View Prior Sale
05/09/2014 05/09/14 Pending -- -- --
05/01/2014 05/01/14 For Sale $899,888 -- $254 / Sq Ft
Source: MLSListings

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $21,801 $1,750,992 $1,188,552 $562,440
2024 $21,801 $1,716,660 $1,165,248 $551,412
2023 $21,375 $1,683,000 $1,142,400 $540,600
2022 $22,139 $1,650,000 $1,120,000 $530,000
2021 $14,540 $1,082,670 $679,501 $403,169
2020 $14,312 $1,071,569 $672,534 $399,035
2019 $14,032 $1,050,559 $659,348 $391,211
2018 $13,901 $1,029,961 $646,420 $383,541
2017 $13,788 $1,009,767 $633,746 $376,021
2016 $13,551 $989,969 $621,320 $368,649
2015 $13,433 $975,100 $611,988 $363,112
2014 $12,094 $868,000 $442,400 $425,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81860390

MLSListings

APN: 455-26-038

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