NOT LISTED FOR SALE

405 Auburn Way San Jose, CA 95129

Loma Linda Neighborhood
9 Beds
-- Bath
3,616 Sq Ft
6,970 Sq Ft Lot

Last Sold October 25, 2013

Last sale price $1,225,250 $339 Per Sq Ft

11 Days on Market

Highlights

  • Neighborhood Views
  • Balcony
  • Carpet
  • Manuel De Vargas Elementary School Rated A-
  • Level Lot

About This Home

As of October 2013

Fully occupied fourplex. Great westside location. Easy access to Hwy 280 & Lawrence Expressway. Cupertino schools - DeVargas Elementary School, Hyde Middle School & Cupertino High School. 3BR/2BA owner unit. Rental upside - 3 tenants month-to-month, 1 tenant lease expires 12/31/13. Leased Coin-op washer/dryer. Great Rental Only or Owner Occupied. Please do not disturb tenants.

Last Agent to Sell the Property

Michael Pierce

Prodesse Property Group License #01190465 Listed on: 09/09/2013

Property Details

Home Type

  • Multi-Family

Year Built

  • 1964

Lot Details

  • 6,970

Home Design

  • Quadruplex
  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 3,616 Sq Ft Home
  • 2-Story Property
  • Neighborhood Views

Kitchen

  • Oven or Range
  • Disposal

Flooring

  • Carpet
  • Vinyl

Parking

  • Carport
  • Off-Street Parking

Utilities

  • Cooling System Mounted To A Wall/Window
  • Wall Furnace
  • Heating System Uses Gas
  • Sewer Within 50 Feet

Additional Features

  • Energy-Efficient Insulation
  • Balcony
  • Level Lot

Listing and Financial Details

  • Total Actual Rent $69,852
  • The owner pays for garbage, hot water, water
  • Month-to-Month Lease Term

Community Details

Overview

  • 3,616 Sq Ft Building

Building Details

  • Gardener Expense $400
  • Maintenance Expense $1,103
  • Manager Expense $5,551
  • Other Expense $2,077
  • Utility Expense $1,091
  • Trash Expense $1,457
  • Operating Expense $25,489
  • Gross Income $69,390

Property Details

Home Type

Multi-Family

Year Built

1964

Lot Details

0

Listing Details

  • Zoning: RM
  • Subclass: Fourplex
  • Age: 49
  • Inspections Reports: Fault Zone, Geological/Flood, Pest Control, Property Inspection, Flood Zone
  • Sale Price Per Sq Ft: 338.84
  • Listing Class: Residential Income (2-4 Units)
  • Max Numberof Unitsin Complex: 4
  • Min Numberof Unitsin Complex: 4
  • Structure Sq Ft: 3616
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1964

Interior Features

  • Kitchen: Garbage Disposal, Oven Range, Refrigerator
  • Living Sq Ft: 3616
  • Stories: 2
  • Laundry: Washer/Dryer - Leased Coin-Op
  • Flooring: Carpet - Area, Vinyl / Linoleum, Carpet

Exterior Features

  • Foundation: Concrete Perimeter
  • Roof: Composition
  • View: Local/Neighborhood
  • Yard/Grounds: Balcony / Patio

Garage/Parking

  • Garage Parking Features: Off-Street Parking, Carport, Spaces Per Unit - 1

Utilities

  • Cooling System: Window / Wall Unit
  • Heating System: Wall Furnace, Gas
  • Sewer/Septic System: Sewer In Street, Sewer Connected

Schools

  • School District: Fremont Union High
  • Elementary School: Manuel De Vargas Elementary
  • Middle School: Warren E. Hyde Middle
  • High School: Cupertino High
  • High School: 256
  • Elementary School: 71
  • Middle School: 81

Lot Info

  • Lot Description: Grade - Level
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 7130.00
  • Lot Size Area Maximum Units: Square Feet
  • Lot Size Area Max Search: 7130.00
  • Lot Size Area Min Search: 7130.00
  • Maximum Lot Size: 7130.00

Green Features

  • Energy Features: Insulation - Unknown

Rental Info

  • Existing Lease Term(s): Month To Month, 1 Year Lease
  • Gross Rent Multiplier: 15.46

Multi Family

  • Expense Landscape: 400
  • Expense Maintenance: 1103
  • Expense Management: 5551
  • Expenses Other: 2077
  • Expenses Total: 25489
  • Expenses Utility: 1091
  • Expense Trash: 1457
  • Expense Water Sewer: 1048
  • Income Annual Gross: 69390.00
  • Income Annual Rental: 69852
  • Income Gross Scheduled: 70806
  • Income Includes: Laundry, Lease
  • Income Laundry: 954
  • Maximum Building Height: 2
  • Meters: Separate Electric, Separate Gas, Master Water
  • Minimum Building Height: 2
  • Number Of Buildings: 1
  • Operating Expenses Include: Services - Trash Removal, Utilities - Hot Water, Utilities - Water, Services - Gardener, Utilities - Gas, Maintenance - Repair, Services - On-Site Manager, Fee - Property Management, Fee - Property Tax, Supplies, Vacancy Factor, Utilities - Electric
  • Owner Pays: Garbage, Hot Water, Water
  • Tenant Expenses: Utilities - Gas, Utilities - Heating, Cable Tv, Utilities - Electric
  • Vacancy Amount: 1416
  • 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
10/25/2013 10/25/13 Sold $1,225,250 +11.9% $339 / Sq Ft
09/20/2013 09/20/13 Pending -- -- --
09/09/2013 09/09/13 For Sale $1,095,000 -- $303 / Sq Ft
Source: MLSListings

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Michael Pierce

    Seller's Agent in 2013

    Michael Pierce

    Prodesse Property Group

    (650) 430-9661

    22 Total Sales

    Michael Pierce
    Section Image
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Map

Source: MLSListings

MLS Number: ML81333590

MLSListings

APN: 296-39-011

California Santa Clara County San Jose 95129 Loma Linda

405 Auburn Way, San Jose, CA

This home is located at 405 Auburn Way, San Jose, CA 95129 since 09 September 2013. This property was built in 1964. 405 Auburn Way is a home located in Santa Clara County with nearby schools including Manuel De Vargas Elementary School, Warren E. Hyde Middle School, and Cupertino High School.

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