NOT LISTED FOR SALE
4 Beds
2 Baths
1,728 Sq Ft
6,098 Sq Ft Lot

Last Sold November 20, 2015

Last sale price $705,000 $408 Per Sq Ft

8 Days on Market

Highlights

  • 2 Car Detached Garage
  • Tile Countertops
  • Tile Flooring
  • Double Pane Windows
  • Laundry Room
  • Level Lot

About This Home

As of November 2015

Great Duplex centrally locate between Japan town and downtown San Jose. Both units are 2 bedroom 1 bathroom mirrored identical. Detached 2 car garage with private drive way. Currently one unit tenant occupied on month to month lease and the other one unit is vacant. Excellent opportunity for investment. Can either rent out both unit for maximize rental income or live in one unit and collect rent from the other. Location close to library, San Jose State University, bus stations, shops, restaurants and more.

Last Agent to Sell the Property

Yingsha Miao

Century 21 Realty Alliance License #01852904 Listed on: 10/30/2015

Last Buyer's Agent

Lien Lu

Skyview International Group License #01472998

Property Details

Home Type

  • Multi-Family

Year Built

  • 1956

Lot Details

  • Level Lot
  • Grass Covered Lot
  • Back Yard

Parking

  • 2 Car Detached Garage

Home Design

  • Duplex
  • Slab Foundation
  • Wood Frame Construction
  • Shingle Roof

Interior Spaces

  • 1,728 Sq Ft Home
  • Double Pane Windows
  • No Drainage
  • Tile Countertops

Flooring

  • Carpet
  • Tile

Laundry

  • Laundry Room
  • Washer and Dryer Hookup

Utilities

  • Wall Furnace
  • Separate Meters
  • Individual Gas Meter

Listing and Financial Details

  • Total Actual Rent $42,528

Community Details

Overview

  • 1,728 Sq Ft Building

Building Details

  • 1 Leased Unit
  • Insurance Expense $660
  • Maintenance Expense $1,500
  • Operating Expense $12,160
  • Gross Income $41,677

Property Details

Home Type

Multi-Family

Year Built

1956

Lot Details

0

Parking

2

Listing Details

  • Zoning: R2
  • Subclass: Duplex
  • Age: 59
  • Listing Class: Residential Income (2-4 Units)
  • Structure Sq Ft: 1728
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1956

Interior Features

  • Kitchen: Countertop - Tile
  • Living Sq Ft: 1728
  • Laundry: Hookups Only
  • Flooring: Carpet, Tile
  • Additional Rooms: Laundry Room, Storage

Exterior Features

  • Foundation: Concrete Slab
  • Roof: Shingle
  • Yard/Grounds: Back Yard, Low Maintenance
  • Construction Type: Wood Frame

Garage/Parking

  • Garage Spaces: 2
  • Parking Spaces: 4
  • Garage Parking Features: Detached Garage

Utilities

  • Heating System: Wall Furnace
  • Sewer/Septic System: Drainage - None

Schools

  • School District: San Jose Unified
  • Elementary School: Horace Mann Elementary
  • Middle School: Peter Burnett Middle
  • High School: San Jose High Academy
  • High School: 349
  • Elementary School: 371
  • Middle School: 337

Lot Info

  • Lot Description: Grade - Level, Regular
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 6162.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 6162.00

Green Features

  • Energy Features: Double Pane Windows

Rental Info

  • Existing Lease Term(s): Month To Month
  • Gross Rent Multiplier: 16.44
  • Number Of Leased: 1

Multi Family

  • Utilities: Individual Electric Meters, Individual Gas Meters, Public Utilities
  • Expense Insurance: 660
  • Expense Maintenance: 1500
  • Expenses Total: 12160
  • Income Annual Gross: 41677.00
  • Income Annual Rental: 42528
  • Income Gross Scheduled: 42528
  • Meters: Separate Electric, Separate Gas, Separate Water
  • Number Of Buildings: 2
  • Operating Expenses Include: Fee - Property Tax, Insurance, Maintenance
  • Tenant Expenses: Utilities - Electric, Utilities - Gas, Utilities - Water
  • Vacancy Factor: 2

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 Change Sq Ft Price
11/20/2015 11/20/15 Sold $705,000 +0.9% $408 / Sq Ft
11/08/2015 11/08/15 Pending -- -- --
10/30/2015 10/30/15 For Sale $699,000 -- $405 / 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: ML81520925

MLSListings

APN: 249-52-014