NOT LISTED FOR SALE

329 N Vanderhurst Ave King City, CA 93930

5 Beds
3 Baths
2,288 Sq Ft
9,500 Sq Ft Lot

Last Sold June 10, 2024

Last sale price $720,000 $315 Per Sq Ft

57 Days on Market

Highlights

  • Skylights
  • Laundry Room
  • Forced Air Heating System
  • Fireplace
  • Storage Room
  • Ceiling Fan

About This Home

As of June 2024

This tri-plex is a fantastic investment opportunity! With a one-bedroom unit and two, two-bedroom units, it offers a diverse range of options for potential tenants. The one-bedroom unit has its own access to a backyard, provides a cozy living space, while the two-bedroom units, each with wood-burning fireplaces and backyards, offer added comfort and charm. The laundry room has a washer and dryer that is conveniently located near the carport. This enhances the appeal of the property for tenants seeking a convenient way to do their laundry. The property's proximity to schools, a movie theater, shopping centers, restaurants, and a library adds significant value, enhancing its attractiveness to potential tenants seeking amenities nearby. Overall, this tri-plex offers a well-rounded investment opportunity with desirable features and a prime location.

Last Agent to Sell the Property

Katie Harris

Buttgereit Pettitt & Davis Agency License #02078781 Listed on: 02/29/2024

Last Buyer's Agent

Miguel Rodriguez

Real Brokerage Technologies License #02205914

Real Brokerage Technologies

Property Details

Home Type

  • Multi-Family

Year Built

  • 1965

Lot Details

  • 9,500 Sq Ft Lot
  • Sprinkler System
  • Back Yard

Home Design

  • Triplex
  • Shingle Roof
  • Composition Roof

Interior Spaces

  • 2,288 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Skylights
  • Fireplace
  • Storage Room
  • Crawl Space
  • Monitored
  • Dishwasher

Flooring

  • Carpet
  • Vinyl

Laundry

  • Laundry Room
  • Washer and Dryer

Parking

  • 3 Parking Spaces
  • 3 Carport Spaces
  • No Garage

Utilities

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

Listing and Financial Details

  • Total Actual Rent $31,330

Community Details

Overview

Building Details

  • 3 Leased Units
  • Gardener Expense $1,100
  • Insurance Expense $1,682
  • Maintenance Expense $2,569
  • Manager Expense $2,349
  • Utility Expense $4,215
  • Trash Expense $2,455
  • Operating Expense $15,517
  • Gross Income $31,017

Property Details

Home Type

Multi-Family

Year Built

1965

Lot Details

0

Listing Details

  • Zoning: R-4
  • Subclass: Triplex
  • Age: 59
  • Listing Class: Residential Income (2-4 Units)
  • Structure Sq Ft: 2288
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1965

Interior Features

  • Kitchen: Dishwasher, Refrigerator
  • Living Sq Ft: 2288
  • Stories: 1
  • Security: Video / Audio System
  • Laundry: Washer / Dryer
  • Flooring: Carpet, Vinyl / Linoleum
  • Additional Rooms: Laundry Room, Storage

Exterior Features

  • Foundation: Crawl Space
  • Roof: Composition, Shingle
  • Yard/Grounds: Back Yard, Sprinklers - Lawn

Garage/Parking

  • Parking Spaces: 3
  • Garage Parking Features: Carport, Covered Parking, No Garage
  • Carport Min: 3

Utilities

  • Cooling System: Ceiling Fan
  • Heating System: Central Forced Air, Fireplace, Wall Furnace
  • Sewer/Septic System: Sewer - Public

Association/Amenities

  • Amenities Miscellaneous: Skylight

Schools

  • School District: King City Joint Union High

Lot Info

  • Lot Acres: 0.2181
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 9500.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 9500.00

Rental Info

  • Existing Lease Term(s): Month To Month, Security Deposit
  • Gross Rent Multiplier: 25.06
  • Number Of Leased: 3

Multi Family

  • Utilities: Individual Electric Meters, Individual Gas Meters, Public Utilities
  • Expense Insurance: 1682
  • Expense Landscape: 1100
  • Expense Maintenance: 2569
  • Expense Management: 2349
  • Expenses Total: 15517
  • Expenses Utility: 4215
  • Expense Trash: 2455
  • Income Annual Gross: 31017.00
  • Income Annual Rental: 31330
  • Income Gross Scheduled: 31330
  • Income Includes: Rents
  • Meters: Master Water, Separate Electric, Separate Gas
  • Number Of Buildings: 1
  • Operating Expenses Include: Fee - Property Management, Fee - Property Tax, Maintenance, Maintenance - Laundry, Maintenance - Repair, Services - Gardener, Services - Sewer, Services - Trash Removal, Utilities - Water
  • Tenant Expenses: Utilities - Electric, Utilities - Gas
  • Vacancy Factor: 1

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 List to Sale Price per Sq Ft
06/10/2024 06/10/24 Sold $720,000 -8.3% $315 / Sq Ft
04/27/2024 04/27/24 Pending -- -- --
02/29/2024 02/29/24 For Sale $785,000 -- $343 / 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: ML81955905

MLSListings

APN: 026-173-002