NOT LISTED FOR SALE
7 Beds
5 Baths
3,654 Sq Ft
6,961 Sq Ft Lot Lot

Sale Details

Date Sold: October 9, 2020

Last sale price $2,099,000 $574 Per Sq Ft

9 Days on Market

Highlights

  • Post and Beam
  • Granite Countertops
  • Enclosed Parking
  • Manuel De Vargas Elementary School Rated A-
  • Balcony
  • Fireplace

About This Home

As of October 2020

Renovated 4plex located in Cupertino School District! 3 Br Owners Unit Ready to Occupy or rent and 3 remaining units fully renovated collecting premium rents. The 3 bed 2 bath 1288sf owners unit w/new washer dryer combo, high end appliances inc. 5 burner gas stove and granite counters. Master bdrm has his & hers closets, & glass slider. Fireplace in the living room & private courtyard is perfect for owner occupant. Attached garages for each unit with extra tall insulated doors w/remotes and code box access, as well as on-site laundry. So many improvements incl canned lighting thru-out, crown molding, custom solid maple cabinetry w/granite, solid core doors. All units have renovated kitchens. All units have new Mohawk Vinyl flooring, sinks, fixtures, re-glazed tubs appliances, paint, new granite in 3 kitchens and baths new refrigerators and mirrored closet doors. Complete re-pipe and new sewer lines. Dual pane windows have been installed. Vargas Elem, Hyde mid & Cupertino High.

Last Agent to Sell the Property

Brett Jennings

Real Estate Experts ERA Powered License #70010020 Listed on: 08/19/2020

Real Estate Experts ERA Powered

Last Buyer's Agent

Justin Dahl

Real Estate Experts ERA Powered License #01089063

Real Estate Experts ERA Powered

Property Details

Home Type

  • Multi-Family

Year Built

  • 1964

Lot Details

  • 6,961 Sq Ft Lot
  • Kennel or Dog Run
  • Fenced
  • Sprinklers on Timer

Parking

  • 5 Car Attached Garage
  • Enclosed Parking
  • Workshop in Garage
  • Secured Garage or Parking
  • Guest Parking
  • Off-Street Parking

Home Design

  • Quadruplex
  • Post and Beam
  • Pillar, Post or Pier Foundation
  • Raised Foundation
  • Wood Frame Construction
  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 3,654 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Fireplace
  • Double Pane Windows
  • Crawl Space
  • Security Gate
  • Washer and Dryer

Kitchen

  • Built-In Self-Cleaning Oven
  • Electric Oven
  • Gas Cooktop
  • Range Hood
  • Dishwasher
  • Granite Countertops
  • Disposal

Flooring

  • Carpet
  • Tile
  • Vinyl

Outdoor Features

  • Balcony

Utilities

  • Forced Air Heating System
  • Wall Furnace
  • Vented Exhaust Fan
  • Water Treatment System
  • Sewer Within 50 Feet

Listing and Financial Details

  • Total Actual Rent $122,160
  • Month-to-Month Lease Term
  • Renewal Option

Community Details

Overview

Amenities

  • Courtyard
  • Coin Laundry

Building Details

  • 3 Leased Units
  • Gardener Expense $1,320
  • Insurance Expense $2,332
  • Utility Expense $600
  • Trash Expense $1,505
  • Operating Expense $15,000
  • Gross Income $122,435

Property Details

Home Type

Multi-Family

Year Built

1964

Lot Details

6,961 Sq Ft Lot

Parking

5

Listing Details

  • Zoning: RM
  • Subclass: Fourplex
  • Listing Class: Residential Income (2-4 Units)
  • Structure Sq Ft: 3654
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1964

Interior Features

  • Kitchen: Cooktop - Electric, Cooktop - Gas, Countertop - Granite, Dishwasher, Exhaust Fan, Garbage Disposal, Hood Over Range, Hookups - Gas, Oven - Built-In, Oven - Electric, Oven - Self Cleaning, Pantry, Pantry Cabinet, Refrigerator
  • Living Sq Ft: 3654
  • Stories: 2
  • Security: Secured Garage / Parking
  • Laundry: Coin Operated, Washer / Dryer, Washer/Dryer - Some Units
  • Flooring: Carpet, Tile, Vinyl / Linoleum

Exterior Features

  • Foundation: Concrete Perimeter, Crawl Space, Post And Beam, Post And Pier, Raised, Sealed Crawlspace, Wood Frame
  • Roof: Composition
  • Yard/Grounds: Balcony / Patio, Courtyard, Dog Run / Kennel, Fenced, Sprinklers - Auto, Sprinklers - Lawn
  • Construction Type: Wood Frame

Garage/Parking

  • Garage Spaces: 5
  • Parking Spaces: 5
  • Garage Parking Features: Attached Garage, Enclosed, Guest / Visitor Parking, Off-Street Parking, Workshop In Garage

Utilities

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

Association/Amenities

  • Amenities Miscellaneous: Security Gate

Schools

  • High School: 256

Lot Info

  • Lot Acres: 0.1598
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 6962.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 6962.00

Green Features

  • Energy Features: Double Pane Windows

Rental Info

  • Existing Lease Term(s): 1 Year Lease, Lease Agreement - Written, Lease(s), Less Than 1 Yr, Month To Month, Renewal Option, Security Deposit
  • Gross Rent Multiplier: 17.14
  • Number Of Leased: 3

Multi Family

  • Utilities: Public Utilities
  • Expense Insurance: 2332
  • Expense Landscape: 1320
  • Expenses Total: 15000
  • Expenses Utility: 600
  • Expense Trash: 1505
  • Income Annual Gross: 122435.00
  • Income Annual Rental: 122160
  • Income Gross Scheduled: 122435
  • Income Includes: Coin Operated Equip, Land, Owners Unit Rental, Rents
  • Income Other: 275
  • Meters: Master Water, Separate Electric, Separate Gas
  • Number Of Buildings: 1
  • Operating Expenses Include: Insurance, Maintenance, Maintenance - Laundry, Maintenance - Repair, Services - Gardener, Services - Sewer, Services - Trash Removal, Utilities - Water
  • Tenant Expenses: Utilities - Electric, Utilities - Gas
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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
10/09/2020 10/09/20 Sold $2,099,000 0.0% $574 / Sq Ft
08/29/2020 08/29/20 Pending -- -- --
08/19/2020 08/19/20 For Sale $2,099,000 -- $574 / 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 $28,118 $2,272,023 $1,623,648 $648,375
2024 $28,118 $2,227,474 $1,591,812 $635,662
2023 $28,728 $2,183,799 $1,560,600 $623,199
2022 $27,561 $2,140,980 $1,530,000 $610,980
2021 $27,221 $2,099,000 $1,500,000 $599,000
2020 $9,430 $614,271 $188,736 $425,535
2019 $9,243 $602,228 $185,036 $417,192
2018 $9,000 $590,420 $181,408 $409,012
2017 $8,943 $578,844 $177,851 $400,993
2016 $8,653 $567,495 $174,364 $393,131
2015 $8,559 $558,971 $171,745 $387,226
2014 $8,228 $548,022 $168,381 $379,641
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81806774

MLSListings

APN: 296-39-043

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