NOT LISTED FOR SALE
2 Beds
1 Bath
720 Sq Ft
7,484 Sq Ft Lot

Last Sold August 09, 2021

Last sale price $1,700,000 $2,361 Per Sq Ft

60 Days on Market

Highlights

  • No HOA
  • 10 Car Attached Garage
  • Coin Laundry
  • Westmont High School Rated A
  • Double Pane Windows
  • Carpet

About This Home

As of August 2021

Quality four-plex in sought after location! Fantastic investment opportunity awaits with this well-maintained property, centrally located in San Jose. This multi-occupancy home contains 2880 sf of living space (720 sf each), built in 1962. New dual-pane windows throughout, plus coin-op laundry. New bathrooms were installed in 2020 in each unit - fully remodeled with new framing, drywall, and copper piping. The carport was also replaced entirely in 2020, including individually secured storage closets. Each unit has ample space for two vehicles, plus space for guest parking. Entire structure and exterior iron fencing and gates were painted in 2020, plus additional non-slip coating on the upstairs walkway for safety and durability. Whether as an income-producing investment, or for multi-generational families who want to live on-site together, this property is sure to meet your expectations!

Last Agent to Sell the Property

Danny Colvin

Real Estate Source Inc License #01726048 Listed on: 05/27/2021

Real Estate Source Inc

Last Buyer's Agent

Amritpal Dhaliwal

Intero Real Estate Services License #02090807

Intero Real Estate Services

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1962 | Remodeled

Lot Details

  • 7,484 Sq Ft Lot

Home Design

  • Quadruplex
  • Slab Foundation
  • Composition Roof
  • Stucco

Interior Spaces

  • 2-Story Property
  • Double Pane Windows

Flooring

  • Carpet
  • Linoleum

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Parking

  • 10 Car Attached Garage
  • Carport
  • On-Street Parking

Utilities

  • No Cooling
  • Wall Furnace
  • Natural Gas Connected
  • Water Heater
  • Cable TV Available

Listing and Financial Details

  • Tenant pays for cable TV, rent only
  • Assessor Parcel Number 305-02-041

Community Details

Overview

  • No Home Owners Association
  • 4 Units

Amenities

  • Coin Laundry

Building Details

  • 4 Leased Units
  • 4 Units Leased Month-To-Month
  • Insurance Expense $2,400
  • Maintenance Expense $4,200
  • Professional Management Expense $4,200

Property Details

Home Type

Multi-Family

Year Built

Built in 1962 | Remodeled

Lot Details

7,484 Sq Ft Lot

Listing Details

  • Property Type: Residential Income
  • Subtype Description: Apartments
  • Property Subtype 1: Quadruplex
  • Stories: 2
  • Year Built: 1962
  • Stories: 2
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Carpet, Linoleum
  • Price Per Square Foot: 590.28
  • Window Features: Dual Pane Full

Exterior Features

  • Construction Materials: Stucco, Wood
  • Foundation: Slab
  • Listing Price: 1870000.00
  • Lot Features: Shape Regular, Curbs/Gutters, Sidewalk
  • Property Condition: Updated/Remodeled
  • Roof: Composition

Garage/Parking

  • Parking Features: Attached, Carport, Street
  • Total Parking Spaces: 10

Utilities

  • Security: Carbon Mon Detector, Double Strapped Water Heater, Smoke Detector
  • Sewer: In & Connected, Public Sewer
  • Utilities: Natural Gas Connected, Cable Connected, City
  • Cooling: None
  • Heating: Wall Furnace
  • Laundry Features: Coin Operated, In Common Area
  • Water Source: Meter on Site, Public

Condo/Co-op/Association

  • Association: No

Schools

  • Senior High School District: San Jose Unified

Lot Info

  • Zoning Description: RM
  • Irrigation: None
  • Lot Size Acres: 0.1718
  • Lot Size Sq Ft: 7484

Rental Info

  • Tenant Pays: Cable TV, Rent Only
  • Lease Term: Month To Month

Multi Family

  • Income Includes: Rent Only
  • Insurance Expense: 2400
  • Maintenance Expense: 4200
  • Number of Leased Units: 4
  • Number of Month to Month Units: 4
  • Number of Units: 4

Tax Info

  • Assessor Parcel Number: 305-02-041
  • Bonds/Assessments/Taxes: Unknown

MLS Schools

  • School District (County): Santa Clara
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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
08/09/2021 08/09/21 Sold $1,700,000 -22.7% $2,361 / Sq Ft
07/26/2021 07/26/21 Pending -- -- --
05/27/2021 05/27/21 For Sale $2,199,000 -- $3,054 / Sq Ft
Source: MetroList

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 $23,301 $1,804,053 $1,326,510 $477,543
2024 $23,301 $1,768,680 $1,300,500 $468,180
2023 $22,862 $1,734,000 $1,275,000 $459,000
2022 $22,687 $1,700,000 $1,250,000 $450,000
2021 $7,871 $488,034 $159,136 $328,898
2020 $7,738 $483,031 $157,505 $325,526
2019 $7,638 $473,561 $154,417 $319,144
2018 $7,440 $464,277 $151,390 $312,887
2017 $7,338 $455,174 $148,422 $306,752
2016 $6,929 $446,250 $145,512 $300,738
2015 $6,801 $439,548 $143,327 $296,221
2014 $6,448 $430,939 $140,520 $290,419
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MetroList

MLS Number: 221056488

MetroList

APN: 305-02-041

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