NOT LISTED FOR SALE
8 Beds
-- Bath
3,128 Sq Ft
4,356 Sq Ft Lot

Last Sold December 21, 2012

Last sale price $815,000 $261 Per Sq Ft

11 Days on Market

About This Home

As of December 2012

Well maintained 4plx near Japan Town-Excellent mix of (4) 2bd/1bth units w/upside in rents. Each unit has individual laundry hook-ups & individual water heaters-tenants are solely responsible for all gas/electric expenses-no PG&E bill to landlord.Spacious landscaped common back yard-Professionally managed w/desirable tenant profile. Strong rental location surrounded by single family homes

Last Agent to Sell the Property

Patrick Conkin

Cassidy Turley Northern California, Inc. License #00922897 Listed on: 12/06/2012

Cassidy Turley Northern California, Inc.

Last Buyer's Agent

Chris Taelemans

Coldwell Banker Realty License #01139598

Property Details

Home Type

  • Multi-Family

Year Built

  • 1965

Lot Details

  • 4,356

Parking

  • Uncovered Parking

Home Design

  • Quadruplex
  • Composition Roof

Interior Spaces

  • 3,128 Sq Ft Home
  • 2-Story Property
  • Oven or Range

Flooring

  • Carpet
  • Laminate
  • Tile

Utilities

  • Wall Furnace
  • Heating System Uses Gas
  • Not Connected to Sewer

Listing and Financial Details

  • Total Actual Rent $65,700
  • The owner pays for garbage, services - gardener/landscaping, water
  • Month-to-Month Lease Term

Community Details

Overview

  • 3,128 Sq Ft Building

Building Details

  • Gardener Expense $1,440
  • Insurance Expense $1,876
  • Maintenance Expense $3,500
  • Other Expense $150
  • Trash Expense $1,350
  • Operating Expense $19,503
  • Gross Income $63,729

Property Details

Home Type

Multi-Family

Year Built

1965

Lot Details

0

Listing Details

  • Zoning: RM
  • Subclass: Fourplex
  • Age: 47
  • Inspections Reports: Flood Zone
  • Sale Price Per Sq Ft: 260.55
  • Listing Class: Residential Income (2-4 Units)
  • Max Numberof Unitsin Complex: 4
  • Min Numberof Unitsin Complex: 4
  • Structure Sq Ft: 3128
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1965

Interior Features

  • Kitchen: Oven Range, Refrigerator
  • Living Sq Ft: 3128
  • Stories: 2
  • Laundry: Laundry Area - In Unit
  • Flooring: Tile, Laminate, Carpet - Wall To Wall, Carpet, Varies By Unit

Exterior Features

  • Roof: Composition

Garage/Parking

  • Garage Parking Features: Uncovered Parking, Spaces Per Unit - <1

Utilities

  • Heating System: Wall Furnace, Gas
  • Sewer/Septic System: Sewer Not Connected

Condo/Co-op/Association

  • HOA Amenities: Patio - Common, Bbq Area

Schools

  • School District: San Jose Unified

Lot Info

  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 4356.00
  • Lot Size Area Maximum Units: Square Feet
  • Lot Size Area Max Search: 4356.00
  • Lot Size Area Min Search: 4356.00
  • Maximum Lot Size: 4356.00

Rental Info

  • Existing Lease Term(s): Month To Month, Less Than 1 Yr, 1 Year Lease
  • Gross Rent Multiplier: 12.16

Multi Family

  • Expense Insurance: 1876
  • Expense Landscape: 1440
  • Expense Maintenance: 3500
  • Expenses Other: 150
  • Expenses Total: 19503
  • Expense Trash: 1350
  • Expense Water Sewer: 1200
  • Income Annual Gross: 63729.00
  • Income Annual Rental: 65700
  • Income Gross Scheduled: 65700
  • Income Includes: Lease
  • Maximum Building Height: 2
  • Meters: Separate Electric, Separate Gas, Master Water
  • Minimum Building Height: 2
  • Number Of Buildings: 1
  • Operating Expenses Include: Services - Trash Removal, Services - Gardener, Utilities - Water, Fee - License/Advertising, Maintenance - Repair, Fee - Property Tax, Services - Sewer, Vacancy Factor
  • Owner Pays: Garbage, Services - Gardener/Landscaping, Water
  • Tenant Expenses: Utilities - Gas, Utilities - Hot Water, Cable Tv, Utilities - Electric
  • Vacancy Amount: 1971
  • Vacancy Factor: 3

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
12/21/2012 12/21/12 Sold $815,000 +2.0% $261 / Sq Ft
12/17/2012 12/17/12 Pending -- -- --
12/06/2012 12/06/12 For Sale $799,000 -- $255 / 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: ML81242548

MLSListings

APN: 249-50-068