NOT LISTED FOR SALE
4 Beds
3 Baths
1,540 Sq Ft
5,101 Sq Ft Lot

Last Sold May 10, 2021

Last sale price $915,000 $594 Per Sq Ft

6 Days on Market

Highlights

  • 2 Car Detached Garage
  • Washer and Dryer
  • 1-Story Property
  • Tile Countertops

About This Home

As of May 2021

Fantastic investment property in San Jose close to the proposed Google campus! This duplex offers approximately 1,540 square feet, a separate 2-car garage, and an ample sized lot with plenty of parking. Unit A consists of 2 bedrooms, 1 bathroom with recent updates to both kitchen and bathroom. Unit B (the larger unit) has 2 bedrooms plus a bonus room area, 2 full bathrooms, and an indoor laundry room. This is an opportunity to purchase investment property with long-term tenants in place! Each unit has its own electric and gas meters, low maintenance yard, and perfectly located with proximity to San Jose State University, major commute routes and mass transit.

Last Agent to Sell the Property

Kristy Kessler

Intero Real Estate Services License #01898587 Listed on: 04/08/2021

Intero Real Estate Services

Last Buyer's Agent

Kristy Kessler

Intero Real Estate Services License #01898587 Listed on: 04/08/2021

Intero Real Estate Services

Property Details

Home Type

  • Multi-Family

Year Built

  • 1950

Lot Details

  • 5,101 Sq Ft Lot

Parking

  • 2 Car Detached Garage
  • On-Street Parking

Home Design

  • Duplex
  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,540 Sq Ft Home
  • 1-Story Property
  • Washer and Dryer

Kitchen

  • Oven or Range
  • Gas Cooktop
  • Tile Countertops

Utilities

  • Wall Furnace
  • Separate Meters
  • Individual Gas Meter

Listing and Financial Details

  • Total Actual Rent $42,780

Community Details

Overview

  • 1,540 Sq Ft Building

Building Details

  • 2 Leased Units
  • Insurance Expense $858
  • Maintenance Expense $400
  • Utility Expense $1,100
  • Trash Expense $861
  • Operating Expense $8,340
  • Gross Income $42,780

Property Details

Home Type

Multi-Family

Year Built

1950

Lot Details

0

Parking

2

Listing Details

  • Zoning: R2
  • Subclass: Duplex
  • Age: 71
  • Listing Class: Residential Income (2-4 Units)
  • Structure Sq Ft: 1540
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1950

Interior Features

  • Kitchen: Cooktop - Gas, Countertop - Tile, Oven Range
  • Living Sq Ft: 1540
  • Stories: 1
  • Laundry: Washer/Dryer - Some Units

Exterior Features

  • Foundation: Concrete Perimeter
  • Roof: Composition

Garage/Parking

  • Garage Spaces: 2
  • Parking Spaces: 4
  • Garage Parking Features: Detached Garage, On Street, Parking Area

Utilities

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

Schools

  • School District: San Jose Unified

Lot Info

  • Lot Acres: 0.1171
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 5101.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 5101.00

Rental Info

  • Existing Lease Term(s): Month To Month
  • Gross Rent Multiplier: 21.64
  • Number Of Leased: 2

Multi Family

  • Utilities: Individual Electric Meters, Individual Gas Meters, Public Utilities
  • Expense Insurance: 858
  • Expense Maintenance: 400
  • Expenses Total: 8340
  • Expenses Utility: 1100
  • Expense Trash: 861
  • Income Annual Gross: 42780.00
  • Income Annual Rental: 42780
  • Income Gross Scheduled: 42780
  • Income Includes: Rents
  • Meters: Master Water, Separate Electric, Separate Gas
  • Number Of Buildings: 2
  • Operating Expenses Include: Fee - Property Tax, Insurance, Services - Trash Removal, Utilities - Water
  • Tenant Expenses: Utilities - Electric, Utilities - Gas

Range of Values:

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Average Value
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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
05/10/2021 05/10/21 Sold $915,000 -1.2% $594 / Sq Ft
04/14/2021 04/14/21 Pending -- -- --
04/08/2021 04/08/21 For Sale $925,800 -- $601 / 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: ML81838088

MLSListings

APN: 249-56-065