NOT LISTED FOR SALE

349 Richmond Ave San Jose, CA 95128

Buena Vista Neighborhood
5 Beds
5 Baths
3,000 Sq Ft
6,111 Sq Ft Lot

Last Sold August 08, 2018

Last sale price $1,368,000 $456 Per Sq Ft

15 Days on Market

Highlights

  • Traditional Architecture
  • Ceramic Countertops
  • Level Lot
  • Del Mar High School Rated A-
  • Coin Laundry
  • 5-minute walk to Buena Vista Park

About This Home

As of August 2018

No rent control (unincorporated of San Jose). Below market rents can be raised to market. Clean 4-plex centrally located in the Burbank...near Santana Row, downtown San Jose, the proposed Google Village complex, the Rose Garden, the Caltrain Diridon station, and the future downtown BART station. There is an on-site laundry room and separate large storage room. There are three carport and three open parking spaces as well as a large deck over the carport. There are three, 1-bed/1-bath apartments and one, 2-bed/2-bath apartment.

Last Agent to Sell the Property

Michael Vick

Coldwell Banker Realty License #00922261 Listed on: 06/23/2018

Coldwell Banker Realty

Last Buyer's Agent

Michael Vick

Coldwell Banker Realty License #00922261 Listed on: 06/23/2018

Coldwell Banker Realty

Property Details

Home Type

  • Multi-Family

Year Built

  • 1965

Lot Details

  • 6,111 Sq Ft Lot
  • Level Lot

Home Design

  • Quadruplex
  • Traditional Architecture
  • Flat Roof Shape
  • Pillar, Post or Pier Foundation
  • Rolled or Hot Mop Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 3,000 Sq Ft Home
  • 2-Story Property
  • Crawl Space
  • Security Lights

Kitchen

  • <<builtInOvenToken>>
  • Electric Oven
  • Electric Cooktop
  • Ceramic Countertops
  • Formica Countertops

Flooring

  • Carpet
  • Laminate
  • Vinyl

Parking

  • 3 Parking Spaces
  • 3 Carport Spaces
  • Assigned Parking

Utilities

  • Wall Furnace
  • Vented Exhaust Fan
  • Heating System Uses Gas
  • Separate Meters
  • 220 Volts
  • Individual Gas Meter

Listing and Financial Details

  • Total Actual Rent $63,720

Community Details

Overview

Amenities

  • Coin Laundry

Building Details

  • 3 Leased Units
  • Gardener Expense $750
  • Insurance Expense $1,656
  • Maintenance Expense $2,000
  • Other Expense $2,200
  • Utility Expense $2,679
  • Trash Expense $1,536
  • Operating Expense $30,922
  • Gross Income $64,327

Property Details

Home Type

Multi-Family

Year Built

1965

Lot Details

0

Listing Details

  • Zoning: R1-N2
  • Subclass: Fourplex
  • Style: Traditional
  • Age: 53
  • Listing Class: Residential Income (2-4 Units)
  • Structure Sq Ft: 3000
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1965

Interior Features

  • Kitchen: 220 Volt Outlet, Cooktop - Electric, Countertop - Ceramic, Countertop - Formica, Exhaust Fan, Oven - Electric, Oven Range, Oven Range - Built-In, Refrigerator
  • Living Sq Ft: 3000
  • Stories: 2
  • Security: Security Lights
  • Laundry: Coin Operated
  • Flooring: Carpet, Laminate, Vinyl / Linoleum
  • Additional Rooms: Storage

Exterior Features

  • Foundation: Concrete Perimeter, Concrete Perimeter And Slab, Crawl Space, Post And Pier
  • Roof: Flat / Low Pitch, Rolled Composition

Garage/Parking

  • Parking Spaces: 3
  • Garage Parking Features: Assigned Spaces, Covered Parking
  • Carport Min: 3

Utilities

  • Heating System: Electric, Gas, Wall Furnace
  • Sewer/Septic System: Sewer Connected

Schools

  • School District: Campbell Union High

Lot Info

  • Lot Description: Grade - Level
  • Lot Acres: 0.1403
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 6113.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 6113.00

Rental Info

  • Existing Lease Term(s): Less Than 1 Yr, Month To Month
  • Gross Rent Multiplier: 21.33
  • Number Of Leased: 3

Multi Family

  • Utilities: Individual Electric Meters, Individual Gas Meters, Public Utilities
  • Expense Insurance: 1656
  • Expense Landscape: 750
  • Expense Maintenance: 2000
  • Expenses Other: 2200
  • Expenses Total: 30922
  • Expenses Utility: 2679
  • Expense Trash: 1536
  • Income Annual Gross: 64327.00
  • Income Annual Rental: 63720
  • Income Gross Scheduled: 65640
  • Income Includes: Laundry
  • Income Other: 1920
  • Meters: Master Water, Separate Electric, Separate Gas
  • Number Of Buildings: 1
  • Operating Expenses Include: Fee - Property Tax, Insurance, Maintenance, Miscellaneous/Other, Reserve Fund, Services - Gardener, Services - Sewer, Services - Trash Removal, Utilities - Electric, Utilities - Gas, Utilities - Hot Water, Utilities - Water
  • Tenant Expenses: Utilities - Electric, Utilities - Gas
  • Vacancy Factor: 2

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 Change Sq Ft Price
08/08/2018 08/08/18 Sold $1,368,000 -2.3% $456 / Sq Ft
07/09/2018 07/09/18 Pending -- -- --
06/23/2018 06/23/18 For Sale $1,400,000 -- $467 / Sq Ft
Source: MLSListings

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Michael Vick

    Seller's Agent in 2018

    Michael Vick

    Coldwell Banker Realty

    (408) 309-7357

    8 Total Sales

    Michael Vick
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Map

Source: MLSListings

MLS Number: ML81711698

MLSListings

California Santa Clara County San Jose 95128 Buena Vista

349 Richmond Ave, San Jose, CA

This home is located at 349 Richmond Ave, San Jose, CA 95128 since 23 June 2018. This property was built in 1965. 349 Richmond Ave is a home located in Santa Clara County with nearby schools including Luther Burbank Elementary School, Del Mar High School, and Sherman Oaks Elementary School.

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