NOT LISTED FOR SALE
4 Beds
-- Bath
2,208 Sq Ft
7,405 Sq Ft Lot

Last Sold June 06, 2014

Last sale price $799,950 $362 Per Sq Ft

21 Days on Market

About This Home

As of June 2014

Well maintained 4plex consisting of 2-single story duplexes on one large lot-Private garages, hardwood floors, individual water heaters. No PG&E bills-landlord pays water and garbage only. Exempt from SJ rent control, with some upside in rents. Outstanding rental location near Downtown SJ and Highway 280, All inspections completed

Last Agent to Sell the Property

Patrick Conkin

Intero Real Estate Services License #00922897 Listed on: 04/24/2014

Intero Real Estate Services

Last Buyer's Agent

Tom Morman

Coldwell Banker Realty License #00624481

Coldwell Banker Realty

Property Details

Home Type

  • Multi-Family

Year Built

  • 1953

Lot Details

  • 7,405

Parking

  • Private Parking

Home Design

  • Duplex
  • Composition Roof

Interior Spaces

  • 2,208 Sq Ft Home
  • 1-Story Property
  • Oven or Range
  • Laundry in Garage

Flooring

  • Tile
  • Vinyl

Utilities

  • Wall Furnace
  • Heating System Uses Gas
  • Sewer Within 50 Feet

Listing and Financial Details

  • Total Actual Rent $59,400
  • The owner pays for services - gardener/landscaping, water

Community Details

Overview

  • 4 Units
  • 2,208 Sq Ft Building

Building Details

  • Gardener Expense $1,200
  • Insurance Expense $1,000
  • Maintenance Expense $2,500
  • Other Expense $500
  • Trash Expense $1,434
  • Operating Expense $18,053
  • Gross Income $57,618

Property Details

Home Type

Multi-Family

Year Built

1953

Lot Details

0

Listing Details

  • Zoning: R2
  • Subclass: Duplex
  • Age: 61
  • Inspections Reports: Fault Zone, Pest Control, Property Inspection, Flood Zone
  • Sale Price Per Sq Ft: 362.30
  • Listing Class: Residential Income (2-4 Units)
  • Max Numberof Unitsin Complex: 4
  • Min Numberof Unitsin Complex: 4
  • Structure Sq Ft: 2208
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1953

Interior Features

  • Kitchen: Oven Range, Varies By Unit, Refrigerator
  • Living Sq Ft: 2208
  • Stories: 1
  • Laundry: In Garage
  • Flooring: Hardwood - Partial, Tile, Vinyl / Linoleum

Exterior Features

  • Roof: Composition

Garage/Parking

  • Garage Parking Features: Private / Exclusive, Spaces Per Unit - 1

Utilities

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

Schools

  • School District: San Jose Unified

Lot Info

  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 7800.00
  • Lot Size Area Maximum Units: Square Feet
  • Lot Size Area Max Search: 7800.00
  • Lot Size Area Min Search: 7800.00
  • Maximum Lot Size: 7800.00

Rental Info

  • Existing Lease Term(s): Month To Month
  • Gross Rent Multiplier: 13.47

Multi Family

  • Expense Insurance: 1000
  • Expense Landscape: 1200
  • Expense Maintenance: 2500
  • Expenses Other: 500
  • Expenses Total: 18053
  • Expense Trash: 1434
  • Expense Water Sewer: 1020
  • Income Annual Gross: 57618.00
  • Income Annual Rental: 59400
  • Income Gross Scheduled: 59400
  • Income Includes: Lease
  • Maximum Building Height: 1
  • Meters: Separate Electric, Separate Gas, Master Water
  • Minimum Building Height: 1
  • Number Of Buildings: 2
  • Operating Expenses Include: Services - Gardener, Utilities - Water, Services - Trash Removal, Insurance, Maintenance - Repair, Fee - Property Tax, Services - Sewer
  • Owner Pays: Services - Gardener/Landscaping, Water
  • Tenant Expenses: Utilities - Gas, Utilities - Hot Water, Utilities - Electric
  • Vacancy Amount: 1782
  • 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
06/06/2014 06/06/14 Sold $799,950 0.0% $362 / Sq Ft
05/15/2014 05/15/14 Pending -- -- --
04/24/2014 04/24/14 For Sale $799,950 -- $362 / 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: ML81413704

MLSListings

APN: 467-51-028