NOT LISTED FOR SALE
9 Beds
5 Baths
3,986 Sq Ft
6,037 Sq Ft Lot

Last Sold March 14, 2022

Last sale price $2,110,000 $529 Per Sq Ft

11 Days on Market

Highlights

  • 4 Car Garage
  • Double Pane Windows
  • Laundry Room
  • Moreland Middle School Rated A-
  • Tile Countertops
  • Forced Air Heating System

About This Home

As of March 2022

Well maintained, fully occupied 4-plex in West San Jose. Unit #1 is spacious and well laid out offering square footage comparable to living in a single-family home. Vacant for the sale, this unit has new carpet, new paint, new faux-wood blinds, and is ready for move-in. 1500 square feet, 3 bedrooms, 2 full bathrooms, large living room, eat-in kitchen, direct access to garage, and a private, backyard area (accessible through kitchen slider) with new fence & gates. Units 2, 3 & 4 complete the second level of this property, each offering 2-bedrooms, 1-bathroom, eat-in kitchens, dual-pane windows and a spacious living room. These units also each have a 1-car garage. Coin operated washer/dryer located on-site in the common laundry room. Shared driveway with 3844 Barker Drive. (also for sale) Convenient access to San Tomas Expressway, 280, 880/17, Santana Row, Westgate & Valley Fair.

Last Agent to Sell the Property

Julie Ann Hedrick

Cal-western Realty License #01472439 Listed on: 01/21/2022

Last Buyer's Agent

Huei-Saint Shwe

Coldwell Banker Realty License #01397036

Coldwell Banker Realty

Property Details

Home Type

  • Multi-Family

Year Built

  • 1963

Lot Details

  • 6,037 Sq Ft Lot

Parking

  • 4 Car Garage
  • Varies By Unit
  • Garage Door Opener

Home Design

  • Quadruplex
  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 3,986 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Double Pane Windows
  • Laundry Room

Kitchen

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

Flooring

  • Carpet
  • Laminate
  • Vinyl

Utilities

  • Forced Air Heating System
  • Wall Furnace
  • Vented Exhaust Fan
  • Separate Meters
  • 220 Volts
  • Individual Gas Meter

Listing and Financial Details

  • Total Actual Rent $93,712

Community Details

Overview

Amenities

  • Coin Laundry

Building Details

  • 3 Leased Units
  • Gardener Expense $1,320
  • Insurance Expense $1,615
  • Maintenance Expense $8,236
  • Manager Expense $6,308
  • Other Expense $2,700
  • Utility Expense $4,139
  • Trash Expense $4,226
  • Operating Expense $35,932
  • Gross Income $91,483

Property Details

Home Type

Multi-Family

Year Built

1963

Lot Details

6,037 Sq Ft Lot

Parking

4

Listing Details

  • Zoning: R3FH
  • Subclass: Fourplex
  • Listing Class: Residential Income (2-4 Units)
  • Structure Sq Ft: 3986
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1963

Interior Features

  • Kitchen: 220 Volt Outlet, Appliances - Vary By Unit, Cooktop - Electric, Countertop - Tile, Dishwasher, Exhaust Fan, Garbage Disposal, Hood Over Range, Oven Range - Electric, Refrigerator
  • Living Sq Ft: 3986
  • Stories: 2
  • Laundry: Coin Operated
  • Flooring: Carpet, Laminate, Vinyl / Linoleum
  • Additional Rooms: Laundry Room

Exterior Features

  • Foundation: Concrete Perimeter
  • Roof: Composition

Garage/Parking

  • Garage Spaces: 4
  • Parking Spaces: 3
  • Garage Parking Features: Attached Garage, Detached Garage, Gate / Door Opener, Varies By Unit

Utilities

  • Cooling System: Ceiling Fan
  • Heating System: Central Forced Air, Wall Furnace
  • Sewer/Septic System: Sewer - Public

Schools

  • High School: 241

Lot Info

  • Lot Acres: 0.1386
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 6038.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 6038.00

Green Features

  • Energy Features: Double Pane Windows

Rental Info

  • Existing Lease Term(s): Month To Month
  • Gross Rent Multiplier: 19.62
  • Number Of Leased: 3

Multi Family

  • Utilities: Individual Electric Meters, Individual Gas Meters, Public Utilities
  • Expense Insurance: 1615
  • Expense Landscape: 1320
  • Expense Maintenance: 8236
  • Expense Management: 6308
  • Expenses Other: 2700
  • Expenses Total: 35932
  • Expenses Utility: 4139
  • Expense Trash: 4226
  • Income Annual Gross: 91483.00
  • Income Annual Rental: 93712
  • Income Gross Scheduled: 94312
  • Income Includes: Coin Operated Equip, Rents
  • Income Other: 600
  • Meters: Master Water, Separate Common Area
  • Number Of Buildings: 1
  • Operating Expenses Include: Fee - License/Advertising, Fee - Property Management, Fee - Property Tax, Insurance, Maintenance - Repair, Services - Gardener, Services - Sewer, Services - Trash Removal, Utilities - Electric, Utilities - Gas, Utilities - Water, Vacancy Factor
  • Tenant Expenses: Utilities - Electric, Utilities - Gas
  • Vacancy Factor: 3
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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 List to Sale Price per Sq Ft
03/14/2022 03/14/22 Sold $2,110,000 +14.1% $529 / Sq Ft
02/02/2022 02/02/22 Pending -- -- --
01/21/2022 01/21/22 For Sale $1,850,000 -- $464 / Sq Ft
Source: MLSListings

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $29,340 $2,239,148 $1,676,708 $562,440
2024 $29,340 $2,195,244 $1,643,832 $551,412
2023 $28,963 $2,152,200 $1,611,600 $540,600
2022 $7,628 $439,243 $143,534 $295,709
2021 $7,434 $430,631 $140,720 $289,911
2020 $7,343 $426,217 $139,278 $286,939
2019 $7,104 $417,861 $136,548 $281,313
2018 $6,941 $409,669 $133,871 $275,798
2017 $6,848 $401,638 $131,247 $270,391
2016 $6,466 $393,764 $128,674 $265,090
2015 $6,374 $387,851 $126,742 $261,109
2014 $6,100 $380,255 $124,260 $255,995
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81875388

MLSListings

APN: 299-32-055

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