NOT LISTED FOR SALE

3955 Starview Dr Unit 2 San Jose, CA 95124

Cambrian Neighborhood
8 Beds
-- Bath
3,626 Sq Ft
6,970 Sq Ft Lot

Last Sold May 24, 2013

Last sale price $1,000,000 $276 Per Sq Ft

20 Days on Market

Highlights

  • Wood Flooring
  • Neighborhood Views
  • Balcony
  • Leigh High School Rated A

About This Home

As of May 2013

Rare 4-plex with (2) 3 bedroom units. Unit Mix: (1) 3/2, (1) 3/1 & (2) 1/1. Located near Los Gatos border. Great rental upside potential. Newer asphalt and paint. Roof is in good condition.

Last Agent to Sell the Property

Larry Losness

Losness Investment Real Estate Corp License #01262964 Listed on: 03/17/2013

Last Buyer's Agent

Mike Rugani

Rugani Real Estate License #00662482

Rugani Real Estate

Property Details

Home Type

  • Multi-Family

Year Built

  • 1962

Lot Details

  • 6,970

Parking

  • Carport

Home Design

  • Quadruplex
  • Composition Roof

Interior Spaces

  • 3,626 Sq Ft Home
  • 2-Story Property
  • Neighborhood Views
  • Laundry in Garage

Kitchen

  • Oven or Range
  • Disposal

Flooring

  • Wood
  • Carpet
  • Vinyl

Utilities

  • Wall Furnace
  • Sewer Within 50 Feet

Additional Features

  • Balcony
  • Sprinkler System

Listing and Financial Details

  • Total Actual Rent $60,540
  • The owner pays for electric, garbage, services - gardener/landscaping, hot water, water

Community Details

Overview

  • 3,626 Sq Ft Building

Building Details

  • Gardener Expense $1,590
  • Insurance Expense $1,763
  • Trash Expense $2,587
  • Operating Expense $21,101
  • Gross Income $58,197

Property Details

Home Type

Multi-Family

Year Built

1962

Lot Details

6,970 Sq Ft Lot

Listing Details

  • Zoning: R3
  • Subclass: Fourplex
  • Inspections Reports: Fault Zone, Flood Zone
  • Sale Price Per Sq Ft: 275.79
  • Listing Class: Residential Income (2-4 Units)
  • Max Numberof Unitsin Complex: 4
  • Min Numberof Unitsin Complex: 4
  • Structure Sq Ft: 3626
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1962

Interior Features

  • Kitchen: Garbage Disposal, Oven Range, Refrigerator
  • Living Sq Ft: 3626
  • Stories: 2
  • Laundry: Washer/Dryer - Leased Coin-Op, In Garage
  • Flooring: Carpet - Area, Hardwood - Partial, Vinyl / Linoleum, Carpet

Exterior Features

  • Roof: Composition
  • View: Local/Neighborhood
  • Yard/Grounds: Sprinklers - Lawn, Balcony / Patio

Garage/Parking

  • Garage Parking Features: Carport

Utilities

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

Condo/Co-op/Association

  • HOA Amenities: Patio - Private

Lot Info

  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 7200.00
  • Lot Size Area Maximum Units: Square Feet
  • Lot Size Area Max Search: 7200.00
  • Lot Size Area Min Search: 7200.00
  • Maximum Lot Size: 7200.00

Rental Info

  • Existing Lease Term(s): Less Than 1 Yr, 1 Year Lease
  • Gross Rent Multiplier: 17.14

Multi Family

  • Expense Insurance: 1763
  • Expense Landscape: 1590
  • Expenses Total: 21101
  • Expense Trash: 2587
  • Expense Water Sewer: 2071
  • Income Annual Gross: 58197.00
  • Income Annual Rental: 60540
  • Income Gross Scheduled: 61260
  • Income Includes: Laundry, Lease
  • Income Laundry: 720
  • Maximum Building Height: 2
  • Meters: Separate Electric, Separate Gas, Master Water
  • Minimum Building Height: 2
  • Number Of Buildings: 1
  • Operating Expenses Include: Utilities - Electric, Services - Trash Removal, Services - Gardener, Utilities - Hot Water, Utilities - Water, Utilities - Gas, Insurance, Maintenance - Laundry, Fee - License/Advertising, Maintenance - Repair, Fee - Property Tax, Services - Sewer
  • Owner Pays: Electric, Garbage, Services - Gardener/Landscaping, Hot Water, Water
  • Tenant Expenses: Utilities - Gas, Utilities - Heating, Cable Tv, Utilities - Electric
  • Vacancy Amount: 3063
  • Vacancy Factor: 5
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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
05/24/2013 05/24/13 Sold $1,000,000 -4.8% $276 / Sq Ft
04/06/2013 04/06/13 Pending -- -- --
03/17/2013 03/17/13 For Sale $1,050,000 -- $290 / 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 $16,728 $1,231,416 $677,278 $554,138
2024 $16,728 $1,207,272 $663,999 $543,273
2023 $16,576 $1,183,601 $650,980 $532,621
2022 $16,310 $1,160,394 $638,216 $522,178
2021 $15,986 $1,137,642 $625,702 $511,940
2020 $15,365 $1,125,978 $619,287 $506,691
2019 $15,203 $1,103,901 $607,145 $496,756
2018 $14,800 $1,082,257 $595,241 $487,016
2017 $14,551 $1,061,037 $583,570 $477,467
2016 $13,851 $1,040,233 $572,128 $468,105
2015 $13,660 $1,024,609 $563,535 $461,074
2014 $13,247 $1,004,540 $552,497 $452,043
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81308403

MLSListings

APN: 421-01-096

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