NOT LISTED FOR SALE

420 E 8th St Unit B Gilroy, CA 95020

Studio
-- Bath
1,974 Sq Ft
10,019 Sq Ft Lot

Last Sold June 13, 2014

Last sale price $426,000 $216 Per Sq Ft

22 Days on Market

Highlights

  • Neighborhood Views
  • Vinyl Flooring
  • 4-minute walk to Forest Street Park
  • Level Lot

About This Home

As of June 2014

Great value for a duplex on a huge corner lot. Same tenants for almost 4 years. Each unit is a spacious 2/1 with large separate driveways providing lots of off street parking. Private large yards for entertaining. Pictures taken in 2010 when property was purchased. Property has lots of potential.

Last Agent to Sell the Property

Goldie Morabito

Coldwell Banker Realty License #01402830 Listed on: 05/12/2014

Last Buyer's Agent

Goldie Morabito

Coldwell Banker Realty License #01402830 Listed on: 05/12/2014

Property Details

Home Type

  • Multi-Family

Year Built

  • 1920

Lot Details

  • Level Lot

Home Design

  • Duplex
  • Composition Roof

Interior Spaces

  • 1,974 Sq Ft Home
  • 2-Story Property
  • Vinyl Flooring
  • Neighborhood Views

Parking

  • Private Parking
  • Off-Street Parking

Utilities

  • Wall Furnace
  • Sewer Within 50 Feet

Listing and Financial Details

  • Total Actual Rent $31,200
  • The owner pays for garbage

Community Details

Overview

  • 1,974 Sq Ft Building

Building Details

  • Insurance Expense $887
  • Trash Expense $688
  • Operating Expense $4,853
  • Gross Income $31,200

Property Details

Home Type

Multi-Family

Year Built

1920

Lot Details

0

Listing Details

  • Zoning: M2
  • Subclass: Duplex
  • Inspections Reports: Flood Zone
  • Sale Price Per Sq Ft: 215.81
  • Listing Class: Residential Income (2-4 Units)
  • Max Numberof Unitsin Complex: 2
  • Min Numberof Unitsin Complex: 2
  • Structure Sq Ft: 1974
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1920

Interior Features

  • Kitchen: Refrigerator
  • Living Sq Ft: 1974
  • Stories: 2
  • Laundry: Laundry Area - In All Units
  • Flooring: Carpet - Area, Vinyl / Linoleum

Exterior Features

  • Roof: Composition
  • View: Local/Neighborhood

Garage/Parking

  • Garage Parking Features: Private / Exclusive, Off-Street Parking

Utilities

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

Lot Info

  • Lot Description: Grade - Level
  • Lot Location: Corner
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 10019.00
  • Lot Size Area Maximum Units: Square Feet
  • Lot Size Area Max Search: 10019.00
  • Lot Size Area Min Search: 10019.00
  • Maximum Lot Size: 10019.00

Rental Info

  • Existing Lease Term(s): Month To Month
  • Gross Rent Multiplier: 12.47

Multi Family

  • Expense Insurance: 887
  • Expenses Total: 4853
  • Expense Trash: 688
  • Income Annual Gross: 31200.00
  • Income Annual Rental: 31200
  • Income Gross Scheduled: 31200
  • Income Includes: Lease
  • Maximum Building Height: 2
  • Meters: Separate Gas
  • Minimum Building Height: 2
  • Number Of Buildings: 1
  • Operating Expenses Include: Services - Trash Removal, Insurance, Fee - Property Tax
  • Owner Pays: Garbage
  • Tenant Expenses: Utilities - Gas, Utilities - Water, Utilities - Electric
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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
06/13/2014 06/13/14 Sold $426,000 +9.5% $216 / Sq Ft
06/03/2014 06/03/14 Pending -- -- --
05/12/2014 05/12/14 For Sale $389,000 -- $197 / 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 $6,406 $522,206 $277,040 $245,166
2024 $6,406 $511,967 $271,608 $240,359
2023 $6,369 $501,930 $266,283 $235,647
2022 $6,264 $492,089 $261,062 $231,027
2021 $6,236 $482,442 $255,944 $226,498
2020 $6,168 $477,496 $253,320 $224,176
2019 $6,111 $468,134 $248,353 $219,781
2018 $5,708 $458,956 $243,484 $215,472
2017 $5,827 $449,958 $238,710 $211,248
2016 $5,708 $441,136 $234,030 $207,106
2015 $5,387 $434,511 $230,515 $203,996
2014 -- $260,084 $136,886 $123,198
Source: Public Records

Agents Affiliated with this Home

  • G

    Seller's Agent in 2014

    Goldie Morabito

    Coldwell Banker Realty

See All Agents

Map

Source: MLSListings

MLS Number: ML81416371

MLSListings

APN: 841-12-025

California Santa Clara County Gilroy 95020

420 E 8th St Unit B, Gilroy, CA

Not Listed for Sale

MultiFamily

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