NOT LISTED FOR SALE

4064 Cheeney St Santa Clara, CA 95054

North Santa Clara Neighborhood
6 Beds
3 Baths
2,638 Sq Ft
7,501 Sq Ft Lot

Last Sold August 15, 2017

Last sale price $1,245,000 $472 Per Sq Ft

4 Days on Market

Highlights

  • Contemporary Architecture
  • 3 Car Detached Garage
  • Tile Countertops
  • Kathryn Hughes Elementary School Rated A-
  • Double Pane Windows
  • Forced Air Heating and Cooling System

About This Home

As of August 2017

Excellent investment opportunity. Rare low maintenance Santa Clara Tri-plex. Three 2 bedroom, 1 bath units with some remodel. 100% occupied. Each unit has dual pane windows and air conditioners. Centrally located near Santa Clara industry hub and world renown Great America and 49ers Levi Stadium. Coin operated laundry provides extra income. Offer subject to inspection

Last Agent to Sell the Property

Dennis Perez

Realcom Associates License #00589797 Listed on: 07/06/2017

Last Buyer's Agent

Moti Mizrahi

Keller Williams Thrive License #01209461

Keller Williams Thrive

Property Details

Home Type

  • Multi-Family

Year Built

  • 1958

Lot Details

  • 7,501 Sq Ft Lot
  • Sprinklers on Timer
  • Back Yard

Home Design

  • Triplex
  • Contemporary Architecture
  • Wood Frame Construction
  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • Low Flow Toliet
  • 2,638 Sq Ft Home
  • 1-Story Property
  • Double Pane Windows
  • Washer and Dryer

Kitchen

  • Gas Oven
  • Tile Countertops
  • Disposal

Parking

  • 3 Car Detached Garage
  • 3 Carport Spaces
  • No Garage
  • On-Street Parking
  • Off-Street Parking

Utilities

  • Forced Air Heating and Cooling System
  • Separate Meters
  • 220 Volts
  • Individual Gas Meter
  • Sewer Within 50 Feet

Listing and Financial Details

  • Total Actual Rent $60,000

Community Details

Overview

Amenities

  • Coin Laundry

Building Details

  • 3 Leased Units
  • Gardener Expense $1,200
  • Insurance Expense $994
  • Maintenance Expense $1,560
  • Other Expense $576
  • Utility Expense $3,745
  • Trash Expense $600
  • Operating Expense $9,817
  • Gross Income $60,564

Property Details

Home Type

Multi-Family

Year Built

1958

Lot Details

0

Listing Details

  • Zoning: R3
  • Subclass: Triplex
  • Style: Contemporary
  • Listing Class: Residential Income (2-4 Units)
  • Structure Sq Ft: 2638
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1958

Interior Features

  • Kitchen: 220 Volt Outlet, Countertop - Tile, Garbage Disposal, Oven - Electric, Oven - Gas, Refrigerator
  • Living Sq Ft: 2638
  • Stories: 1
  • Laundry: Coin Operated, Washer / Dryer

Exterior Features

  • Foundation: Concrete Perimeter
  • Roof: Composition
  • Yard/Grounds: Back Yard, Sprinklers - Auto, Sprinklers - Lawn
  • Construction Type: Wood Frame

Garage/Parking

  • Parking Spaces: 3
  • Garage Parking Features: Carport, Common Parking Area, Detached Garage, No Garage, Off-Street Parking, On Street, Parking Area
  • Carport Min: 3

Utilities

  • Cooling System: Central Ac
  • Heating System: Central Forced Air
  • Sewer/Septic System: Sewer - Public, Sewer In Street

Lot Info

  • Lot Acres: 0.1722
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 7500.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 7500.00

Green Features

  • Energy Features: Double Pane Windows, Low Flow Toilet

Rental Info

  • Existing Lease Term(s): 1 Year Lease
  • Gross Rent Multiplier: 19.42
  • Number Of Leased: 3

Multi Family

  • Utilities: Individual Electric Meters, Individual Gas Meters
  • Expense Insurance: 994
  • Expense Landscape: 1200
  • Expense Maintenance: 1560
  • Expenses Other: 576
  • Expenses Total: 9817
  • Expenses Utility: 3745
  • Expense Trash: 600
  • Income Annual Gross: 60564.00
  • Income Annual Rental: 60000
  • Income Gross Scheduled: 61800
  • Income Includes: Laundry, Rents
  • Income Other: 1800
  • Meters: Master Water, Separate Gas, Separate Other
  • Number Of Buildings: 1
  • Operating Expenses Include: Maintenance, Maintenance - Exterminator, Maintenance - Repair, Services - Gardener, Services - Sewer, Services - Trash Removal
  • 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 List to Sale Price per Sq Ft
08/15/2017 08/15/17 Sold $1,245,000 +3.8% $472 / Sq Ft
07/11/2017 07/11/17 Pending -- -- --
07/06/2017 07/06/17 For Sale $1,200,000 -- $455 / Sq Ft
Source: MLSListings

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2017

    Dennis Perez

    Realcom Associates

    Section Image
  • Moti Mizrahi

    Buyer's Agent in 2017

    Moti Mizrahi

    Keller Williams Thrive

    (408) 605-8957

    17 Total Sales

    Moti Mizrahi
    Section Image
See All Agents

Map

Source: MLSListings

MLS Number: ML81668703

MLSListings

APN: 104-12-048

California Santa Clara County Santa Clara 95054 North Santa Clara

4064 Cheeney St, Santa Clara, CA

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