NOT LISTED FOR SALE
4 Beds
2 Baths
1,750 Sq Ft
6,578 Sq Ft Lot

Last Sold October 04, 2016

Last sale price $1,000,000 $571 Per Sq Ft

90 Days on Market

Highlights

  • Tile Flooring
  • Del Mar High School Rated A-
  • 1-Story Property

About This Home

As of October 2016

Rare investment opportunity in a prime part of West San Jose Each unit has 2 bedrooms,1 bath and indoor laundry area with hook-ups. Unit 3520 has an updated kitchen, updated bath and an attached one car garage. 3522 is well maintained with a long term tenant. This duplex generates $4750/mo in rent. Near Santana Row, Westfield Valley Fair Mall and 280.

Last Agent to Sell the Property

Natalie Swerkes

First Statewide Realty License #01818847 Listed on: 06/02/2016

Last Buyer's Agent

Jess Flowers

Coldwell Banker Residential Brokerage License #01394528

Coldwell Banker Residential Brokerage

Property Details

Home Type

  • Multi-Family

Year Built

  • 1899

Lot Details

  • 6,578

Parking

  • 1 Car Garage
  • Uncovered Parking

Home Design

  • Duplex
  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,750 Sq Ft Home
  • 1-Story Property
  • Crawl Space
  • Washer and Dryer Hookup

Flooring

  • Carpet
  • Tile

Additional Features

  • 6,578 Sq Ft Lot
  • Wall Furnace

Listing and Financial Details

  • Total Actual Rent $57,000

Community Details

Overview

Building Details

  • 2 Leased Units
  • Gardener Expense $1,320
  • Insurance Expense $1,100
  • Maintenance Expense $3,000
  • Manager Expense $4,560
  • Other Expense $500
  • Operating Expense $25,480
  • Gross Income $54,150

Property Details

Home Type

Multi-Family

Year Built

1899

Lot Details

0

Parking

1

Listing Details

  • Zoning: R2
  • Subclass: Duplex
  • Age: 117
  • Listing Class: Residential Income (2-4 Units)
  • Structure Sq Ft: 1750
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1899

Interior Features

  • Living Sq Ft: 1750
  • Stories: 1
  • Laundry: Hookups Only
  • Flooring: Carpet, Tile

Exterior Features

  • Foundation: Concrete Perimeter, Crawl Space
  • Roof: Composition

Garage/Parking

  • Garage Spaces: 1
  • Parking Spaces: 2
  • Garage Parking Features: Attached Garage, Uncovered Parking

Utilities

  • Heating System: Wall Furnace
  • Sewer/Septic System: Sewer - Public

Schools

  • School District: Campbell Union High

Lot Info

  • Lot Acres: 0.1510
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 6564.49
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 6564.49

Rental Info

  • Existing Lease Term(s): Month To Month
  • Gross Rent Multiplier: 18.42
  • Number Of Leased: 2

Multi Family

  • Utilities: Public Utilities
  • Expense Insurance: 1100
  • Expense Landscape: 1320
  • Expense Maintenance: 3000
  • Expense Management: 4560
  • Expenses Other: 500
  • Expenses Total: 25480
  • Income Annual Gross: 54150.00
  • Income Annual Rental: 57000
  • Income Gross Scheduled: 57000
  • Income Includes: Rents
  • Meters: Separate Electric, Separate Gas, Separate Water
  • Number Of Buildings: 1
  • Operating Expenses Include: Fee - Property Management, Maintenance, Services - Trash Removal
  • Tenant Expenses: Utilities - Electric, Utilities - Gas, Utilities - Water
  • Vacancy Factor: 5

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
10/04/2016 10/04/16 Sold $1,000,000 -4.8% $571 / Sq Ft
09/01/2016 09/01/16 Pending -- -- --
08/23/2016 08/23/16 For Sale $1,050,000 0.0% $600 / Sq Ft
08/23/2016 08/23/16 Price Changed $1,050,000 -12.5% $600 / Sq Ft
08/17/2016 08/17/16 Pending -- -- --
06/02/2016 06/02/16 For Sale $1,200,000 -- $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: ML81588714

MLSListings