NOT LISTED FOR SALE
7 Beds
7 Baths
4,068 Sq Ft
8,168 Sq Ft Lot

Last Sold June 10, 2020

Last sale price $1,870,000 $460 Per Sq Ft

5 Days on Market

Highlights

  • Mountain View
  • Traditional Architecture
  • Tile Countertops
  • Easterbrook Discovery Rated A
  • Double Pane Windows
  • Forced Air Heating System

About This Home

As of June 2020

Excellent West San Jose Investment Opportunity. Great commuter location with easy access to many major employers, shops and amenities Very strong schools with Great Schools showing 8/10 for both Easterbrook Discovery K-8 and Prospect High School. Great Location + Excellent Schools = Winning rental! 3 Units currently vacant and property will be delivered fully vacant to Buyers so they can start with market rents from day 1 and avoid low legacy rents. Would make a good owner occupant property or family investment compound. Nice off street parking with 5 covered and 2 uncovered spots. Property has Presidential TL 50 yr style roof plus many double pane windows already installed. Virtural or Private Showings available following COVID guidelines. Great opportunity for a nice unit to start your investment portfolio or to add to your existing.

Last Agent to Sell the Property

Dave Keefe

Keller Williams Realty-Silicon Valley License #70010092 Listed on: 05/08/2020

Keller Williams Realty-Silicon Valley

Last Buyer's Agent

Ted LaScola

Coldwell Banker Realty License #00596001

Coldwell Banker Realty

Property Details

Home Type

  • Multi-Family

Year Built

  • 1975

Lot Details

  • 8,168 Sq Ft Lot
  • Fenced
  • Level Lot

Parking

  • 2 Car Garage
  • 3 Carport Spaces
  • On-Street Parking
  • Off-Street Parking

Home Design

  • Quadruplex
  • Traditional Architecture
  • Wood Frame Construction
  • Composition Roof
  • Elastomeric Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 4,068 Sq Ft Home
  • 2-Story Property
  • Double Pane Windows
  • Mountain Views
  • Crawl Space

Kitchen

  • Electric Oven
  • Electric Cooktop
  • Dishwasher
  • Tile Countertops
  • Disposal

Flooring

  • Carpet
  • Vinyl

Utilities

  • Cooling System Mounted To A Wall/Window
  • Forced Air Heating System
  • Wall Furnace
  • 220 Volts

Listing and Financial Details

  • Total Actual Rent $115,600

Community Details

Overview

Amenities

  • Courtyard
  • Coin Laundry

Building Details

  • 1 Leased Unit
  • Gardener Expense $1,200
  • Insurance Expense $3,000
  • Utility Expense $1,200
  • Trash Expense $3,000
  • Operating Expense $30,900
  • Gross Income $113,288

Property Details

Home Type

Multi-Family

Year Built

1975

Lot Details

0

Parking

2

Listing Details

  • Zoning: R1B2P
  • Subclass: Fourplex
  • Style: Traditional
  • Age: 45
  • Listing Class: Residential Income (2-4 Units)
  • Structure Sq Ft: 4068
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1975

Interior Features

  • Kitchen: 220 Volt Outlet, Cooktop - Electric, Countertop - Tile, Dishwasher, Garbage Disposal, Oven Range - Electric, Varies By Unit
  • Living Sq Ft: 4068
  • Stories: 2
  • Laundry: Coin Operated
  • Flooring: Carpet, Vinyl / Linoleum

Exterior Features

  • Foundation: Concrete Perimeter, Crawl Space
  • Roof: Composition, Elastomeric
  • View: Mountains
  • Yard/Grounds: Courtyard, Fenced
  • Construction Type: Wood Frame

Garage/Parking

  • Garage Spaces: 2
  • Parking Spaces: 2
  • Garage Parking Features: Attached Garage, Carport, Off-Street Parking, On Street, Parking Area
  • Carport Min: 3

Utilities

  • Cooling System: Window / Wall Unit
  • Heating System: Central Forced Air - Gas, Wall Furnace
  • Sewer/Septic System: Sewer - Public

Schools

  • School District: Campbell Union High
  • Elementary School: Easterbrook Discovery
  • High School: Prospect High
  • High School: 241
  • Elementary School: 155

Lot Info

  • Lot Description: Grade - Level, Regular
  • Lot Acres: 0.1875
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 8168.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 8168.00

Green Features

  • Energy Features: Double Pane Windows

Rental Info

  • Existing Lease Term(s): Month To Month
  • Gross Rent Multiplier: 16.44
  • Number Of Leased: 1

Multi Family

  • Utilities: Public Utilities
  • Expense Insurance: 3000
  • Expense Landscape: 1200
  • Expenses Total: 30900
  • Expenses Utility: 1200
  • Expense Trash: 3000
  • Income Annual Gross: 113288.00
  • Income Annual Rental: 115600
  • Income Gross Scheduled: 115600
  • Meters: Master Water, Separate Electric, Separate Gas
  • Number Of Buildings: 1
  • Tenant Expenses: Utilities - Electric, Utilities - Gas
  • Vacancy Factor: 2

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
06/10/2020 06/10/20 Sold $1,870,000 -1.6% $460 / Sq Ft
05/14/2020 05/14/20 Pending -- -- --
05/08/2020 05/08/20 For Sale $1,899,900 -- $467 / 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: ML81791928

MLSListings

APN: 299-38-087