NOT LISTED FOR SALE
5 Beds
2 Baths
1,858 Sq Ft
5,658 Sq Ft Lot

Last Sold October 28, 2019

Last sale price $1,081,000 $582 Per Sq Ft

16 Days on Market

Highlights

  • Balcony
  • Tile Flooring
  • Courtyard
  • 2 Car Detached Garage
  • Forced Air Heating System

About This Home

As of October 2019

Beautiful two story duplex in the heart of downtown San Jose. Very well maintained property with a clean landscaped exterior. Downstairs unit has a private courtyard with a large tree that provides shade and aesthetic charm. Upstairs unit has a long porch for quiet evening relaxation. Long large driveway with detached garage and storage unit. Plenty of space for parking and BBQ entertaining, plenty of street parking as well. Large well kept units with plenty of natural light. Located in a highly desired area a very short distance to all the great downtown amenities. Very close proximity to the highly anticipated new Google transportation hub apex campus. The Google campus is bringing a lot of investment dollars and focus to downtown San Jose, greatly increasing equity and desirability for the area. Excellent freeway access, nice quiet neighborhood. Drive by and see, please do not disturb the tenants.

Last Agent to Sell the Property

Gregory Stephens

Losness Investment Real Estate Corp License #01441238 Listed on: 08/26/2019

Losness Investment Real Estate Corp

Last Buyer's Agent

Carlos Padilla

Intero Real Estate Services License #01342889

Intero Real Estate Services

Property Details

Home Type

  • Multi-Family

Year Built

  • 1901

Lot Details

  • 5,658 Sq Ft Lot

Parking

  • 2 Car Detached Garage
  • On-Street Parking
  • Off-Street Parking

Home Design

  • Duplex
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,858 Sq Ft Home
  • 2-Story Property

Flooring

  • Laminate
  • Tile

Outdoor Features

  • Balcony
  • Barbecue Area

Utilities

  • Cooling System Mounted To A Wall/Window
  • Forced Air Heating System
  • Separate Meters
  • Individual Gas Meter

Listing and Financial Details

  • Total Actual Rent $55,200
  • Month-to-Month Lease Term

Community Details

Overview

Amenities

  • Courtyard

Building Details

  • 2 Leased Units
  • Gardener Expense $300
  • Insurance Expense $1,200
  • Utility Expense $3,036
  • Operating Expense $14,443
  • Gross Income $53,544

Property Details

Home Type

Multi-Family

Year Built

1901

Lot Details

0

Parking

2

Listing Details

  • Zoning: R2
  • Subclass: Duplex
  • Age: 118
  • Listing Class: Residential Income (2-4 Units)
  • Structure Sq Ft: 1858
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1901

Interior Features

  • Living Sq Ft: 1858
  • Stories: 2
  • Flooring: Laminate, Tile

Exterior Features

  • Foundation: Concrete Perimeter
  • Yard/Grounds: Balcony / Patio, Bbq Area, Courtyard

Garage/Parking

  • Garage Spaces: 2
  • Parking Spaces: 3
  • Garage Parking Features: Common Parking Area, Detached Garage, Off-Street Parking, On Street

Utilities

  • Cooling System: Window / Wall Unit
  • Heating System: Forced Air
  • Sewer/Septic System: Sewer - Public

Schools

  • School District: San Jose Unified

Lot Info

  • Lot Acres: 0.1299
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 5659.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 5659.00

Rental Info

  • Existing Lease Term(s): 1 Year Lease, Month To Month
  • Gross Rent Multiplier: 18.08
  • Number Of Leased: 2

Multi Family

  • Utilities: Individual Electric Meters, Individual Gas Meters
  • Expense Insurance: 1200
  • Expense Landscape: 300
  • Expenses Total: 14443
  • Expenses Utility: 3036
  • Income Annual Gross: 53544.00
  • Income Annual Rental: 55200
  • Income Gross Scheduled: 55200
  • Income Includes: Rents
  • Meters: Master Electric, Master Gas, Master Water
  • Number Of Buildings: 1
  • Tenant Expenses: Utilities - Electric, Utilities - Gas
  • Vacancy Factor: 3

Range of Values:

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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
10/28/2019 10/28/19 Sold $1,081,000 +8.3% $582 / Sq Ft
09/12/2019 09/12/19 Pending -- -- --
08/26/2019 08/26/19 For Sale $998,000 +57.2% $537 / Sq Ft
04/23/2013 04/23/13 Sold $635,000 +6.2% $342 / Sq Ft
03/19/2013 03/19/13 Pending -- -- --
03/07/2013 03/07/13 For Sale $598,000 -- $322 / 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: ML81765985

MLSListings

APN: 249-60-074