NOT LISTED FOR SALE
3 Beds
2 Baths
1,317 Sq Ft
3,698 Sq Ft Lot

Last Sold April 04, 2022

Last sale price $1,115,000 $847 Per Sq Ft

15 Days on Market

About This Home

As of April 2022

Well located duplex with great upside potential. Double pane windows, separate meters for PG&E. The property has an outstanding unit mix consisting of 1 bed and 1 bathroom in the downstairs unit and 2 bedroom 1 bathroom in the upstairs unit. Both units have desirable floorplans and in-unit laundry hook-ups. Outstanding opportunity to purchase a Hidden Gem in Central San Jose. Quiet residential neighborhood within walking distance to McKinley Elementary School. Easy Freeway access and just a short 3-mile drive to the massive Google Development in Downtown San Jose.

Last Agent to Sell the Property

Arthur Scott

Intero Real Estate Services License #02017490 Listed on: 02/15/2022

Intero Real Estate Services

Last Buyer's Agent

Gary Baidwan

Altas Realty License #01309803

Property Details

Home Type

  • Multi-Family

Year Built

  • 1950

Lot Details

  • 3,698 Sq Ft Lot

Parking

  • 2 Car Garage
  • On-Street Parking
  • Assigned Parking

Home Design

  • Duplex
  • Shake Roof

Interior Spaces

  • 1,317 Sq Ft Home
  • 2-Story Property
  • Crawl Space
  • Laundry Room

Kitchen

  • Oven or Range
  • Gas Cooktop
  • Tile Countertops

Utilities

  • Cooling System Mounted To A Wall/Window
  • Wall Furnace
  • Vented Exhaust Fan

Listing and Financial Details

  • Total Actual Rent $46,200

Community Details

Overview

Building Details

  • 1 Leased Unit
  • Insurance Expense $1,200
  • Maintenance Expense $3,500
  • Utility Expense $960
  • Operating Expense $18,517
  • Gross Income $44,814

Property Details

Home Type

Multi-Family

Year Built

1950

Lot Details

0

Parking

2

Listing Details

  • Zoning: R2
  • Subclass: Duplex
  • Age: 72
  • Listing Class: Residential Income (2-4 Units)
  • Structure Sq Ft: 1317
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1950

Interior Features

  • Kitchen: Cooktop - Gas, Countertop - Tile, Exhaust Fan, Oven Range
  • Living Sq Ft: 1317
  • Stories: 2
  • Additional Rooms: Laundry Room

Exterior Features

  • Foundation: Crawl Space
  • Roof: Shake

Garage/Parking

  • Garage Spaces: 2
  • Parking Spaces: 2
  • Garage Parking Features: Assigned Spaces, Attached Garage, On Street

Utilities

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

Schools

  • School District: San Jose Unified

Lot Info

  • Lot Acres: 0.0849
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 3697.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 3697.00

Rental Info

  • Existing Lease Term(s): Lease Agreement - Written, Month To Month, Security Deposit
  • Gross Rent Multiplier: 21.41
  • Number Of Leased: 1

Multi Family

  • Utilities: Public Utilities
  • Expense Insurance: 1200
  • Expense Maintenance: 3500
  • Expenses Total: 18517
  • Expenses Utility: 960
  • Income Annual Gross: 44814.00
  • Income Annual Rental: 46200
  • Income Gross Scheduled: 46200
  • Income Includes: Rents
  • Meters: Separate Electric, Separate Gas
  • Number Of Buildings: 1
  • Operating Expenses Include: Fee - Property Management, Fee - Property Tax, Insurance, Maintenance - Repair, Utilities - Electric, Utilities - Gas, Utilities - Water
  • Tenant Expenses: Rent Only
  • 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
04/04/2022 04/04/22 Sold $1,115,000 +12.7% $847 / Sq Ft
03/03/2022 03/03/22 Pending -- -- --
02/15/2022 02/15/22 For Sale $989,000 -- $751 / 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: ML81878391

MLSListings

APN: 467-51-091