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

Sale Details

Date Sold: May 6, 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
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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

7,000 Sq Ft Lot

Listing Details

  • Zoning: RM
  • Subclass: Duplex
  • 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

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

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 20, 2024
Closed on
Apr 22, 2024
Sold by
Orozco Yesenia and Orozco Samuel R
Bought by
Seller's Agent
Elias Ordaz
Family First Real Estate Services Inc
Buyer's Agent
Scott Poncetta
KW Bay Area Estates
List Price
$1,299,000
Sold Price
$1,410,000
Premium/Discount to List
$111,000
8.55%
Views
44

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,128,000
Outstanding Balance
$1,101,488
Interest Rate
6.87%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 15, 2023
Sold by
Orozco Yesenia and Orozco Samuel R
Bought by
Orozco Yesenia and Orozco Samuel R

Purchase Details

Closed on
Nov 25, 2011
Sold by
Orozco Guadalupe
Bought by
Orozco Yesenia and Orozco Samuel R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$280,699
Interest Rate
4.25%
Mortgage Type
FHA

Purchase Details

Closed on
Sep 20, 2005
Sold by
Orozco John M and Orozco Guadalupe A
Bought by
Orozco John M and Orozco Guadalupe A

Purchase Details

Closed on
May 5, 2004
Sold by
Orozco John M
Bought by
Orozco Guadalupe A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$283,500
Interest Rate
5.77%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 18, 2002
Sold by
Orozco John M and Orozco Guadalupe A
Bought by
Orozco Guadalupe

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
5.86%

Purchase Details

Closed on
Sep 18, 1996
Sold by
Orozco John M and Orozco Guadalupe E
Bought by
Orozco John M and Orozco Guadalupe A

Purchase Details

Closed on
Jul 23, 1996
Sold by
Orozco John M and Orozco Guadalupe A
Bought by
Orozco John M and Orozco Guadalupe A

Purchase Details

Closed on
Mar 6, 1996
Sold by
Orozco Guadalupe A
Bought by
Orozco John M and Orozco Guadalupe A

Purchase Details

Closed on
May 17, 1995
Sold by
Orozco Guadalupe A
Bought by
Orozco John M and Orozco Guadalupe A
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$1,410,000 Old Republic Title
Orozco Yesenia -- None Listed On Document
Orozco Yesenia $288,000 Fidelity National Title Co
Orozco John M -- Alliance Title Company
Orozco Guadalupe A -- North American Title Company
Orozco Guadalupe A -- North American Title Company
Orozco John M -- North American Title Company
Orozco Guadalupe -- Fidelity National Title Ins
Orozco John M -- --
Orozco John M $52,454 American Title Ins Co
Orozco John M -- --
Orozco John M -- --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $1,128,000
Previous Owner Orozco Yesenia $395,000
Previous Owner Orozco Yesenia $125,000
Previous Owner Orozco Yesenia $300,000
Previous Owner Orozco Yesenia $280,699
Previous Owner Orozco Guadalupe A $283,500
Previous Owner Orozco Guadalupe $300,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2026 $19,779 $1,466,964 $884,340 $582,624
2025 $7,806 $1,438,200 $867,000 $571,200
2024 $7,806 $467,932 $246,281 $221,651
2023 $7,609 $458,757 $241,452 $217,305
2022 $7,528 $449,763 $236,718 $213,045
2021 $7,298 $440,945 $232,077 $208,868
2020 $7,043 $436,425 $229,698 $206,727
2019 $6,848 $427,869 $225,195 $202,674
2018 $7,048 $419,480 $220,780 $198,700
2017 $6,674 $411,255 $216,451 $194,804
2016 $6,493 $403,192 $212,207 $190,985
2015 $6,852 $397,137 $209,020 $188,117
2014 $5,760 $389,359 $204,926 $184,433
Source: Public Records

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Map

Source: MLSListings

MLS Number: ML81956862

MLSListings

APN: 249-47-057

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