NOT LISTED FOR SALE

325 N 18th St San Jose, CA 95112

Northside Neighborhood
3 Beds
2 Baths
1,426 Sq Ft
6,390 Sq Ft Lot

Last Sold March 22, 2024

Last sale price $1,045,000 $733 Per Sq Ft

126 Days on Market

About This Home

As of March 2024

Start building your investment empire or expand on it. Great Opportunity for a financially savvy owner-occupant or investor. Lots of expansion potential secured by huge (6000+sqft) flat backyard that will fit any ADU. Fully remodeled (WITH PERMITS), 2bed/ 1bath and 1bed/1bath duplex offers laminated floors, stainless steel appliances, new paint inside and out, newer roof, remodeled kitchen, dual pane windows, and completely remodeled bathrooms. First time on the market in almost a decade. Don't miss out on this great opportunity! New Roof in 2014, 2 x 100amp service panels and other upgrades to code. Minutes from downtown, one of the best areas of the city with high income potential. Property has been thoroughly inspected. High occupancy rate over the years, loved by tenants for quiet location walking distance to SJ State, public transportation.

Last Agent to Sell the Property

Alexey Blokhin

Real E-State License #01771121 Listed on: 10/17/2023

Last Buyer's Agent

Randy Rullamas

Home Page Real Estate License #01501059

Property Details

Home Type

  • Multi-Family

Year Built

  • 1908

Lot Details

  • 6,390 Sq Ft Lot
  • Back Yard

Home Design

  • Duplex
  • Composition Roof

Interior Spaces

  • 1,426 Sq Ft Home
  • 1-Story Property

Parking

  • 4 Parking Spaces
  • No Garage

Utilities

  • Wall Furnace

Listing and Financial Details

  • Total Actual Rent $65,940

Community Details

Overview

Building Details

  • 1 Leased Unit
  • Gardener Expense $1,260
  • Insurance Expense $1,200
  • Maintenance Expense $2,000
  • Manager Expense $3,500
  • Other Expense $175
  • Utility Expense $2,400
  • Operating Expense $21,671
  • Gross Income $62,643

Property Details

Home Type

Multi-Family

Year Built

1908

Lot Details

0

Listing Details

  • Zoning: R2
  • Subclass: Duplex
  • Age: 115
  • Listing Class: Residential Income (2-4 Units)
  • Structure Sq Ft: 1426
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1908

Interior Features

  • Living Sq Ft: 1426
  • Stories: 1

Exterior Features

  • Foundation: Combination
  • Roof: Composition
  • Yard/Grounds: Back Yard

Garage/Parking

  • Parking Spaces: 4
  • Garage Parking Features: No Garage, Parking Area

Utilities

  • Heating System: Wall Furnace
  • Sewer/Septic System: Sewer Connected

Schools

  • School District: San Jose Unified

Lot Info

  • Lot Description: Regular
  • Lot Acres: 0.1467
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 6391.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 6391.00

Rental Info

  • Existing Lease Term(s): Month To Month
  • Gross Rent Multiplier: 15.13
  • Number Of Leased: 1

Multi Family

  • Utilities: Public Utilities
  • Expense Insurance: 1200
  • Expense Landscape: 1260
  • Expense Maintenance: 2000
  • Expense Management: 3500
  • Expenses Other: 175
  • Expenses Total: 21671
  • Expenses Utility: 2400
  • Income Annual Gross: 62643.00
  • Income Annual Rental: 65940
  • Income Gross Scheduled: 65940
  • Income Includes: Rents
  • Meters: Master Water
  • Number Of Buildings: 1
  • Operating Expenses Include: Utilities - Water
  • Tenant Expenses: Utilities - Electric, Utilities - Gas
  • Vacancy Factor: 5

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
03/22/2024 03/22/24 Sold $1,045,000 +4.7% $733 / Sq Ft
02/21/2024 02/21/24 Pending -- -- --
02/15/2024 02/15/24 Price Changed $998,000 -13.1% $700 / Sq Ft
02/08/2024 02/08/24 Price Changed $1,149,000 -1.7% $806 / Sq Ft
01/17/2024 01/17/24 Price Changed $1,169,000 -1.7% $820 / Sq Ft
12/03/2023 12/03/23 Price Changed $1,189,000 -0.5% $834 / Sq Ft
10/17/2023 10/17/23 For Sale $1,195,000 +94.3% $838 / Sq Ft
09/12/2014 09/12/14 Sold $615,000 0.0% $431 / Sq Ft
08/09/2014 08/09/14 Pending -- -- --
07/31/2014 07/31/14 For Sale $615,000 -- $431 / Sq Ft
Source: MLSListings

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Alexey Blokhin

    Seller's Agent in 2024

    Alexey Blokhin

    Real E-State

    (650) 204-0443

    1 in this area

    57 Total Sales

    Section Image

  • R

    Buyer's Agent in 2024

    Randy Rullamas

    Home Page Real Estate

    (408) 657-7263

    1 in this area

    66 Total Sales

    Section Image
  • Rick Barrelier

    Seller's Agent in 2014

    Rick Barrelier

    eXp Realty of California, Inc

    (650) 573-5961

    65 Total Sales

    Section Image

  • N

    Buyer's Agent in 2014

    Non Member Sales

    Non Multiple Participant

See All Agents

Map

Source: MLSListings

MLS Number: ML81945343

MLSListings

APN: 249-60-011

California Santa Clara County San Jose 95112 Northside

325 N 18th St, San Jose, CA

This home is located at 325 N 18th St, San Jose, CA 95112 since 17 October 2023. This property was built in 1908. 325 N 18th St is a home located in Santa Clara County with nearby schools including Empire Gardens Elementary School, Muwekma Ohlone Middle, and San Jose High School.

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