$1,990,000
SOLD APR 15, 2025
9 Beds
5 Baths
3,756 Sq Ft
8,102 Sq Ft Lot

Recently Sold

$530 Per Sq Ft

30 Days on Market

Highlights

  • 4 Car Detached Garage
  • Noble Elementary School Rated A-
  • Forced Air Heating System

About This Home

As of April 2025

Discover this well-maintained 4-plex multifamily property, a lucrative investment opportunity in a vibrant neighborhood. It seamlessly blends comfort, convenience, and a robust rental income potential. The property features one 3-bedroom, 2-bathroom with sizeable private patio unit ideal for families, and three well-appointed 2-bedroom, 1-bathroom units. Three units have been fully renovated. Each unit offers generous living space, natural light, and functional layouts to cater to diverse tenant needs. Whether you occupy one unit while renting out the others or fully lease the property, this 4-plex offers flexibility and a promising income potential. Four individual, single-car garages and six uncovered parking spaces, a total of 10 parking spaces.

Last Agent to Sell the Property

Edward Ribeiro

Silicon Valley Residential Brokerage Inc License #01360400 Listed on: 02/10/2025

Last Buyer's Agent

Nancy Do Hoang

CENTURY 21 Masters License #01388696

CENTURY 21 Masters

Property Details

Home Type

  • Multi-Family

Year Built

  • 1969

Lot Details

  • 8,102 Sq Ft Lot

Parking

  • 4 Car Detached Garage
  • Assigned Parking

Home Design

  • Quadruplex
  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 3,756 Sq Ft Home
  • 2-Story Property

Utilities

  • Forced Air Heating System
  • Separate Meters
  • Individual Gas Meter

Listing and Financial Details

  • Total Actual Rent $127,200

Community Details

Overview

Building Details

  • 1 Leased Unit
  • Insurance Expense $3,800
  • Maintenance Expense $1,200
  • Utility Expense $1,800
  • Operating Expense $27,815
  • Gross Income $120,840

Property Details

Home Type

Multi-Family

Year Built

1969

Lot Details

0

Parking

4

Listing Details

  • Zoning: R3H
  • Subclass: Fourplex
  • Listing Class: Residential Income (2-4 Units)
  • Structure Sq Ft: 3756
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1969

Interior Features

  • Living Sq Ft: 3756
  • Stories: 2

Exterior Features

  • Foundation: Concrete Perimeter
  • Roof: Composition

Garage/Parking

  • Garage Spaces: 4
  • Parking Spaces: 6
  • Garage Parking Features: Assigned Spaces, Detached Garage, Drive Through

Utilities

  • Heating System: Central Forced Air - Gas
  • Sewer/Septic System: Sewer Connected

Lot Info

  • Lot Acres: 0.1860
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 8100.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 8100.00

Rental Info

  • Existing Lease Term(s): Month To Month
  • Gross Rent Multiplier: 15.72
  • Number Of Leased: 1

Multi Family

  • Utilities: Individual Electric Meters, Individual Gas Meters
  • Expense Insurance: 3800
  • Expense Maintenance: 1200
  • Expenses Total: 27815
  • Expenses Utility: 1800
  • Income Annual Gross: 120840.00
  • Income Annual Rental: 127200
  • Income Gross Scheduled: 127200
  • Meters: Separate Gas
  • Number Of Buildings: 1
  • Operating Expenses Include: Vacancy Factor
  • Tenant Expenses: Utilities - Electric, Utilities - Gas, Utilities - Water
  • Vacancy Factor: 5

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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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 List to Sale Price per Sq Ft
04/15/2025 04/15/25 Sold $1,990,000 -0.5% $530 / Sq Ft
03/13/2025 03/13/25 Pending -- -- --
02/10/2025 02/10/25 For Sale $2,000,000 -- $532 / Sq Ft
Source: MLSListings

Tax History Compared to Growth

Source: Public Records

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 $21,015 $1,538,932 $947,036 $591,896
2024 $21,015 $1,508,758 $928,467 $580,291
2023 $20,640 $1,479,175 $910,262 $568,913
2022 $20,599 $1,450,172 $892,414 $557,758
2021 $19,966 $1,421,738 $874,916 $546,822
2020 $19,488 $1,407,161 $865,945 $541,216
2019 $18,782 $1,379,570 $848,966 $530,604
2018 $18,544 $1,352,520 $832,320 $520,200
2017 $18,679 $1,326,000 $816,000 $510,000
2016 $4,610 $238,063 $57,551 $180,512
2015 $4,517 $234,488 $56,687 $177,801
2014 $4,219 $229,896 $55,577 $174,319
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81993461

MLSListings

APN: 591-14-030