NOT LISTED FOR SALE

3194 Moorpark Ave San Jose, CA 95117

Castlemont Neighborhood
8 Beds
4 Baths
3,136 Sq Ft
6,564 Sq Ft Lot

Last Sold January 06, 2022

Last sale price $1,920,000 $612 Per Sq Ft

28 Days on Market

About This Home

As of January 2022

Two blocks from Santana Row and Santana West with over 1M future sqft of office. 3194 Moorpark Ave. is a four-unit apartment building that offers all the needed amenities paired with an excellent location. The unit mix consists of four units that are 2 bedroom / 1 bathroom while also approximately 785 square feet. Each unit also comes with a private garage that is built into the main building. All units have been upgraded. Currently units #1 and #3 are vacant allowing an owner get the rents immediately to market. They have been added in at market rent.

Last Agent to Sell the Property

Carlos Azucena

Marcus & Millichap License #01738155 Listed on: 11/15/2021

Last Buyer's Agent

Spencer Yuan

Momentum Realty License #01522071

Momentum Realty

Property Details

Home Type

  • Multi-Family

Year Built

  • 1958

Lot Details

  • 6,564 Sq Ft Lot
  • Security Fence

Parking

  • 4 Car Garage
  • Off-Site Parking
  • Assigned Parking

Home Design

  • Quadruplex
  • Wood Frame Construction
  • Wood Shingle Roof
  • Composition Roof

Interior Spaces

  • 3,136 Sq Ft Home
  • 2-Story Property

Utilities

  • Cooling System Mounted To A Wall/Window
  • Wall Furnace
  • Separate Meters
  • Individual Gas Meter

Listing and Financial Details

  • Total Actual Rent $104,280

Community Details

Overview

Building Details

  • 2 Leased Units
  • Gardener Expense $1,200
  • Insurance Expense $1,600
  • Maintenance Expense $2,000
  • Manager Expense $600
  • Utility Expense $4,200
  • Trash Expense $1,800
  • Operating Expense $39,116
  • Gross Income $105,080

Property Details

Home Type

Multi-Family

Year Built

1958

Lot Details

0

Parking

4

Listing Details

  • Zoning: R3
  • Subclass: Fourplex
  • Age: 63
  • Listing Class: Residential Income (2-4 Units)
  • Structure Sq Ft: 3136
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1958

Interior Features

  • Living Sq Ft: 3136
  • Stories: 2
  • Security: Security Fence

Exterior Features

  • Foundation: Wood Frame
  • Roof: Composition, Wood Shakes / Shingles

Garage/Parking

  • Garage Spaces: 4
  • Parking Spaces: 4
  • Garage Parking Features: Assigned Spaces, Attached Garage, Off-Site Parking

Utilities

  • Cooling System: Window / Wall Unit
  • Heating System: Wall Furnace
  • Sewer/Septic System: Sewer Connected

Schools

  • School District: Campbell Union High

Lot Info

  • Lot Acres: 0.1507
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 6565.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 6565.00

Rental Info

  • Gross Rent Multiplier: 18.84
  • Number Of Leased: 2

Multi Family

  • Utilities: Individual Electric Meters, Individual Gas Meters
  • Expense Insurance: 1600
  • Expense Landscape: 1200
  • Expense Maintenance: 2000
  • Expense Management: 600
  • Expenses Total: 39116
  • Expenses Utility: 4200
  • Expense Trash: 1800
  • Income Annual Gross: 105080.00
  • Income Annual Rental: 104280
  • Income Gross Scheduled: 105080
  • Income Includes: Laundry
  • Income Other: 800
  • Meters: Master Electric, Master Gas
  • Number Of Buildings: 1
  • Operating Expenses Include: Insurance, Maintenance, Utilities - Hot Water, Utilities - Water
  • Tenant Expenses: Utilities - Electric, Utilities - Gas

Range of Values:

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Average Value
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List Price
Sold Price
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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
01/06/2022 01/06/22 Sold $1,920,000 -3.0% $612 / Sq Ft
12/14/2021 12/14/21 Pending -- -- --
11/15/2021 11/15/21 For Sale $1,980,000 +66.4% $631 / Sq Ft
03/07/2014 03/07/14 Sold $1,190,000 -0.8% $379 / Sq Ft
02/21/2014 02/21/14 Pending -- -- --
02/06/2014 02/06/14 For Sale $1,200,000 -- $383 / Sq Ft
Source: MLSListings

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Carlos Azucena

    Seller's Agent in 2022

    Carlos Azucena

    Marcus & Millichap

    (650) 391-1700

    1 in this area

    35 Total Sales

    Carlos Azucena
    Section Image

  • S

    Buyer's Agent in 2022

    Spencer Yuan

    Momentum Realty

    Section Image

  • A

    Seller's Agent in 2014

    Ali Alamdar

    Referral Realty

    Section Image
See All Agents

Map

Source: MLSListings

MLS Number: ML81870289

MLSListings

APN: 299-44-008

California Santa Clara County San Jose 95117 Castlemont

3194 Moorpark Ave, San Jose, CA

This home is located at 3194 Moorpark Ave, San Jose, CA 95117 since 15 November 2021. This property was built in 1958. 3194 Moorpark Ave is a home located in Santa Clara County with nearby schools including Del Mar High School, Lynhaven Elementary School, and Monroe Middle School.

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