$920,000
SOLD SEP 5, 2014
4 Beds
-- Bath
1,456 Sq Ft
6,970 Sq Ft Lot

Recently Sold

$632 Per Sq Ft

8% Below List Price

21 Days on Market

Highlights

  • Wood Flooring
  • Isaac Newton Graham Middle School Rated A-
  • 1-Story Property

About This Home

As of May 2016

GREAT INVESTMENT! A rare Duplex in coveted Mountain View neighborhood! 2bed/1bath each side. Walk to downtown. Hardwood Floor, dual pane windows, nice backyard, attached garage, remodeled kitchen (unit 341). Units are in good shape and rent ready. Very good tenants! House is well maintained.

Last Agent to Sell the Property

Leon Le

Pacificwide Real Estate & Mortgage License #01862307 Listed on: 07/28/2014

Pacificwide Real Estate & Mortgage

Last Buyer's Agent

Carl Yeung

Carl Yeung, Broker License #01148797

Property Details

Home Type

  • Multi-Family

Year Built

  • 1953

Home Design

  • Duplex
  • Composition Roof

Interior Spaces

  • 1,456 Sq Ft Home
  • 1-Story Property
  • Wood Flooring
  • Dishwasher

Utilities

  • Wall Furnace
  • Sewer Within 50 Feet

Listing and Financial Details

  • Total Actual Rent $50,400
  • The owner pays for garbage

Community Details

Overview

  • 1,456 Sq Ft Building

Building Details

  • Insurance Expense $1,500
  • Maintenance Expense $3,000
  • Operating Expense $10,470
  • Gross Income $50,400

Property Details

Home Type

Multi-Family

Year Built

1953

Lot Details

0

Listing Details

  • Zoning: R3-2*
  • Subclass: Duplex
  • Age: 61
  • Sale Price Per Sq Ft: 631.87
  • Listing Class: Residential Income (2-4 Units)
  • Max Numberof Unitsin Complex: 2
  • Min Numberof Unitsin Complex: 2
  • Structure Sq Ft: 1456
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1953

Interior Features

  • Kitchen: Dishwasher
  • Living Sq Ft: 1456
  • Stories: 1
  • Laundry: 220 Volt Outlet
  • Flooring: Hardwood

Exterior Features

  • Roof: Composition

Garage/Parking

  • Garage Parking Features: Add'l Spots Available, Spaces Per Unit - 1

Utilities

  • Heating System: Wall Furnace
  • Sewer/Septic System: Sewer In Street, Sewer Connected

Schools

  • School District: Mountain View-Los Altos Union High

Lot Info

  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 7200.00
  • Lot Size Area Maximum Units: Square Feet
  • Lot Size Area Max Search: 7200.00
  • Lot Size Area Min Search: 7200.00
  • Maximum Lot Size: 7200.00

Rental Info

  • Existing Lease Term(s): Month To Month
  • Gross Rent Multiplier: 18.24

Multi Family

  • Expense Insurance: 1500
  • Expense Maintenance: 3000
  • Expenses Total: 10470
  • Expense Water Sewer: 2400
  • Income Annual Gross: 50400.00
  • Income Annual Rental: 50400
  • Income Gross Scheduled: 50400
  • Income Includes: Lease
  • Maximum Building Height: 1
  • Meters: Separate Electric, Separate Gas, Separate Water
  • Minimum Building Height: 1
  • Number Of Buildings: 1
  • Operating Expenses Include: Services - Trash Removal, Insurance, Fee - Property Tax, Services - Sewer, Vacancy Factor
  • Owner Pays: Garbage
  • Tenant Expenses: Utilities - Gas, Utilities - Water, Utilities - Heating, Cable Tv, Utilities - Electric

Range of Values:

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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
05/31/2016 05/31/16 Sold $1,480,000 -1.0% $1,016 / Sq Ft
05/09/2016 05/09/16 Pending -- -- --
04/01/2016 04/01/16 For Sale $1,495,000 +62.5% $1,027 / Sq Ft
09/05/2014 09/05/14 Sold $920,000 -7.9% $632 / Sq Ft
08/18/2014 08/18/14 Pending -- -- --
07/28/2014 07/28/14 For Sale $999,000 -- $686 / 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: ML81427202

MLSListings

APN: 154-11-012