NOT LISTED FOR SALE

347 Auburn Way San Jose, CA 95129

Loma Linda Neighborhood
8 Beds
7 Baths
3,880 Sq Ft
7,131 Sq Ft Lot

Last Sold June 21, 2021

Last sale price $2,156,000 $556 Per Sq Ft

3 Days on Market

Highlights

  • Granite Countertops
  • Tandem Parking
  • Tile Flooring
  • Manuel De Vargas Elementary School Rated A-
  • Walk-In Closet
  • Forced Air Heating System

About This Home

As of June 2021

Renovated 4-Plex Located Within the Cupertino School District That Reflects Pride of Ownership Throughout! The Owners' Unit is 3BD/2BA and Completely Remodeled From Top to Bottom - Brand New Kitchen w/ New Cabinets, Appliances, Flooring, Countertops, New Wood Flooring Throughout, Fiieplace in the Living Room, Recessed Lighting, Crown Molding and Tall Baseboard w/ Eat-In Area Off the Kitchen that Looks Out to the Patio. The Other 3 Units Have Updates and Show Very Well. The Building has Dual-Pane Windows, a Brand New 50-Year Tri Laminate Comp Roof, New Gutters, 6 Covered Carports, Plus 6 Uncovered Parking Spots and On-Site Laundry. The Schools are Vargas Elementary, Hyde Middle & Cupertino High! All the Units are Currently Rented with Excellent Tenants! Great Long Term Investment!

Last Agent to Sell the Property

Steven Larson

Westside Real Estate Services License #00699279 Listed on: 05/15/2021

Last Buyer's Agent

Anna Yang

Alliance Bay Realty License #01260543

Property Details

Home Type

  • Multi-Family

Year Built

  • 1966

Lot Details

  • 7,131 Sq Ft Lot

Home Design

  • Quadruplex
  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • Walk-In Closet
  • 3,880 Sq Ft Home
  • 2-Story Property

Kitchen

  • Electric Oven
  • Dishwasher
  • Granite Countertops
  • Formica Countertops
  • Disposal

Flooring

  • Carpet
  • Laminate
  • Tile
  • Vinyl

Parking

  • 6 Parking Spaces
  • 6 Carport Spaces
  • Tandem Parking

Utilities

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

Listing and Financial Details

  • Total Actual Rent $104,100

Community Details

Overview

Amenities

  • Coin Laundry

Building Details

  • 4 Leased Units
  • Gardener Expense $1,440
  • Insurance Expense $1,500
  • Maintenance Expense $2,222
  • Manager Expense $4,872
  • Utility Expense $2,010
  • Trash Expense $1,872
  • Operating Expense $30,196
  • Gross Income $105,264

Property Details

Home Type

Multi-Family

Year Built

1966

Lot Details

0

Listing Details

  • Zoning: RM
  • Subclass: Fourplex
  • Age: 55
  • Listing Class: Residential Income (2-4 Units)
  • Structure Sq Ft: 3880
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1966

Interior Features

  • Kitchen: Countertop - Formica, Countertop - Granite, Dishwasher, Garbage Disposal, Oven Range - Electric, Pantry
  • Living Sq Ft: 3880
  • Stories: 2
  • Laundry: Coin Operated
  • Flooring: Carpet, Laminate, Tile, Vinyl / Linoleum

Exterior Features

  • Foundation: Concrete Perimeter
  • Roof: Composition

Garage/Parking

  • Parking Spaces: 6
  • Garage Parking Features: Carport, Tandem Parking
  • Carport Min: 6

Utilities

  • Heating System: Central Forced Air - Gas, Wall Furnace
  • Sewer/Septic System: Sewer - Public

Association/Amenities

  • Amenities Miscellaneous: Walk-In Closet

Schools

  • School District: Fremont Union High
  • Elementary School: Manuel De Vargas Elementary
  • Middle School: Warren E. Hyde Middle
  • High School: Cupertino High
  • High School: 256
  • Elementary School: 71
  • Middle School: 81

Lot Info

  • Lot Acres: 0.1637
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 7130.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 7130.00

Rental Info

  • Existing Lease Term(s): Lease Agreement - Written, Month To Month
  • Gross Rent Multiplier: 20.41
  • Number Of Leased: 4

Multi Family

  • Utilities: Individual Electric Meters, Individual Gas Meters, Public Utilities
  • Expense Insurance: 1500
  • Expense Landscape: 1440
  • Expense Maintenance: 2222
  • Expense Management: 4872
  • Expenses Total: 30196
  • Expenses Utility: 2010
  • Expense Trash: 1872
  • Income Annual Gross: 105264.00
  • Income Annual Rental: 104100
  • Income Gross Scheduled: 105264
  • Income Includes: Coin Operated Equip, Laundry
  • Income Other: 1164
  • Meters: Master Water, Separate Electric, Separate Gas
  • Number Of Buildings: 1
  • Operating Expenses Include: Fee - Property Management, Fee - Property Tax, Insurance, Loan - Mortgage, Maintenance - Repair, Services - Gardener, Services - Trash Removal, Utilities - Electric, Utilities - Water
  • Tenant Expenses: Utilities - Electric, Utilities - Gas

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
06/21/2021 06/21/21 Sold $2,156,000 +0.3% $556 / Sq Ft
05/19/2021 05/19/21 Pending -- -- --
05/15/2021 05/15/21 For Sale $2,148,888 -- $554 / Sq Ft
Source: MLSListings

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Steven Larson

    Seller's Agent in 2021

    Steven Larson

    Westside Real Estate Services

    (408) 685-8050

    1 in this area

    50 Total Sales

    Steven Larson
    Section Image

  • A

    Buyer's Agent in 2021

    Anna Yang

    Alliance Bay Realty

See All Agents

Map

Source: MLSListings

MLS Number: ML81844122

MLSListings

APN: 296-39-008

California Santa Clara County San Jose 95129 Loma Linda

347 Auburn Way, San Jose, CA

This home is located at 347 Auburn Way, San Jose, CA 95129 since 15 May 2021. This property was built in 1966. 347 Auburn Way is a home located in Santa Clara County with nearby schools including Manuel De Vargas Elementary School, Warren E. Hyde Middle School, and Cupertino High School.

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