NOT LISTED FOR SALE
4 Beds
2 Baths
904 Sq Ft
5,767 Sq Ft Lot

Last Sold December 22, 2021

Last sale price $926,000 $1,024 Per Sq Ft

7 Days on Market

Highlights

  • 2 Car Attached Garage
  • Forced Air Heating System
  • 1-Story Property

About This Home

As of December 2021

An amazing opportunity to own a great investment property in downtown San Jose. The location is easy access to downtown, Japan town easy access to freeways, Each unit is a two bedroom one bathroom with their own private garage and additional parking on site. Both units have their own private backyards, inside laundry, privacy gate and very well-maintained unit interiors. The property includes dual pane windows, composition roof, raise foundation and great walkways leading to each unit. In addition to the units theres an additional space for future rent potential. This is a must see

Last Agent to Sell the Property

Joseph Portale

Compass License #01800376 Listed on: 11/11/2021

Compass

Last Buyer's Agent

David Contreras

Coldwell Banker Realty License #01825250

Coldwell Banker Realty

Property Details

Home Type

  • Multi-Family

Year Built

  • 1950

Lot Details

  • 5,767

Parking

  • 2 Car Attached Garage

Home Design

  • Duplex
  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 904 Sq Ft Home
  • 1-Story Property

Additional Features

  • 5,767 Sq Ft Lot
  • Forced Air Heating System

Listing and Financial Details

  • Total Actual Rent $33,709

Community Details

Overview

Building Details

  • 2 Leased Units
  • Gardener Expense $1,050
  • Maintenance Expense $200
  • Manager Expense $1,854
  • Utility Expense $1,384
  • Operating Expense $4,488
  • Gross Income $34,185

Property Details

Home Type

Multi-Family

Year Built

1950

Lot Details

5,767 Sq Ft Lot

Parking

2

Listing Details

  • Zoning: R2
  • Subclass: Duplex
  • Listing Class: Residential Income (2-4 Units)
  • Structure Sq Ft: 904
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1950

Interior Features

  • Living Sq Ft: 904
  • Stories: 1

Exterior Features

  • Foundation: Concrete Perimeter And Slab
  • Roof: Composition

Garage/Parking

  • Garage Spaces: 2
  • Parking Spaces: 2
  • Garage Parking Features: Attached Garage, Common Parking Area

Utilities

  • Heating System: Forced Air
  • Sewer/Septic System: Sewer - Public

Lot Info

  • Lot Acres: 0.1324
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 5766.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 5766.00

Rental Info

  • Existing Lease Term(s): Month To Month
  • Gross Rent Multiplier: 26.27
  • Number Of Leased: 2

Multi Family

  • Utilities: Public Utilities
  • Expense Landscape: 1050
  • Expense Maintenance: 200
  • Expense Management: 1854
  • Expenses Total: 4488
  • Expenses Utility: 1384
  • Income Annual Gross: 34185.00
  • Income Annual Rental: 33709
  • Income Gross Scheduled: 34185
  • Income Other: 476
  • Meters: Separate Electric, Separate Gas
  • Number Of Buildings: 1
  • 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
12/22/2021 12/22/21 Sold $926,000 +3.1% $1,024 / Sq Ft
11/19/2021 11/19/21 Pending -- -- --
11/11/2021 11/11/21 For Sale $898,000 -- $993 / 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 $11,789 $930,000 $620,000 $310,000
2024 $11,789 $815,000 $626,500 $188,500
2023 $11,544 $944,520 $618,120 $326,400
2022 $13,081 $926,000 $606,000 $320,000
2021 $6,006 $330,707 $232,077 $98,630
2020 $5,773 $327,317 $229,698 $97,619
2019 $5,602 $320,900 $225,195 $95,705
2018 $5,512 $314,609 $220,780 $93,829
2017 $5,445 $308,441 $216,451 $91,990
2016 $5,271 $302,394 $212,207 $90,187
2015 $5,222 $297,853 $209,020 $88,833
2014 -- $292,019 $204,926 $87,093
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81869910

MLSListings
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