NOT LISTED FOR SALE
5 Beds
3 Baths
1,808 Sq Ft
7,000 Sq Ft Lot

Last Sold May 06, 2024

Last sale price $1,410,000 $780 Per Sq Ft

16 Days on Market

About This Home

As of May 2024

Great Investment Opportunity in Downtown San Jose and Close to Japan Town! This Duplex Has a Spacious Lot of 7,000 sf. Unit 1 is 3bed/2bath approx. 1,040sf with Direct Access into Carport and Laundry Area. Unit 2 is 2bed/1bath approx. 768sf with a Large Private Backyard. Updated Kitchens and Central AC in Both Units. Walking Distance to Downtown San Jose, Few Blocks Away From San Jose State University, Restaurants, Grocery Shopping Center Etc. Easy Access to all Major Freeway 280,680,101. Not to Mention with This Large Lot There is An Upside Opportunity to Add an ADU and Build Out the Carport! This is a One of a Kind Duplex!

Last Agent to Sell the Property

Elias Ordaz

Family First Real Estate Services Inc License #01869915 Listed on: 03/20/2024

Last Buyer's Agent

Scott Poncetta

KW Bay Area Estates License #01497030

KW Bay Area Estates

Property Details

Home Type

  • Multi-Family

Year Built

  • 1964

Lot Details

  • 7,000

Home Design

  • Duplex
  • Composition Roof

Interior Spaces

  • 1,808 Sq Ft Home
  • Laminate Flooring
  • Crawl Space

Parking

  • 1 Parking Space
  • 2 Carport Spaces

Additional Features

  • 7,000 Sq Ft Lot
  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Total Actual Rent $84,000

Community Details

Overview

  • 1,808 Sq Ft Building

Building Details

  • 2 Leased Units
  • Gross Income $84,000

Property Details

Home Type

Multi-Family

Year Built

1964

Lot Details

0

Listing Details

  • Zoning: RM
  • Subclass: Duplex
  • Age: 60
  • Listing Class: Residential Income (2-4 Units)
  • Structure Sq Ft: 1808
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1964

Interior Features

  • Living Sq Ft: 1808
  • Flooring: Laminate

Exterior Features

  • Foundation: Crawl Space
  • Roof: Composition

Garage/Parking

  • Parking Spaces: 1
  • Garage Parking Features: Carport
  • Carport Min: 2

Utilities

  • Cooling System: Central Ac
  • Heating System: Central Forced Air - Gas
  • Sewer/Septic System: Sewer - Public

Schools

  • School District: San Jose Unified

Lot Info

  • Lot Acres: 0.1607
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 7000.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 7000.00

Rental Info

  • Existing Lease Term(s): Month To Month
  • Gross Rent Multiplier: 15.46
  • Number Of Leased: 2

Multi Family

  • Utilities: Public Utilities
  • Income Annual Gross: 84000.00
  • Income Annual Rental: 84000
  • Income Gross Scheduled: 84000
  • Income Includes: Rents
  • Meters: Master Electric, Separate Electric, Separate Gas
  • Number Of Buildings: 2
  • Operating Expenses Include: Depreciation, Fee - Property Tax, Insurance, Maintenance, Maintenance - Repair, Services - Sewer, Services - Trash Removal, Utilities - Water
  • Tenant Expenses: Utilities - Electric, Utilities - Gas, Utilities - Hot Water

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
05/06/2024 05/06/24 Sold $1,410,000 +8.5% $780 / Sq Ft
04/05/2024 04/05/24 Pending -- -- --
03/20/2024 03/20/24 For Sale $1,299,000 -- $718 / Sq Ft
Source: MLSListings

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81956862

MLSListings

APN: 249-47-057