NOT LISTED FOR SALE
8 Beds
-- Bath
3,950 Sq Ft
7,841 Sq Ft Lot

Last Sold July 01, 2013

Last sale price $1,010,000 $256 Per Sq Ft

26 Days on Market

Highlights

  • Neighborhood Views
  • Building Patio
  • Forced Air Heating System
  • Del Mar High School Rated A-
  • Tile Flooring
  • Laundry Facilities

About This Home

As of July 2013

Desirable and well maintained West San Jose 4plex with a Great Unit Mix:(1)3Bed/2Bath Owner's Unit (2)2Bed/1Bath (1)1Bed/1Bath. Large units, garaged parking, corner lot, newer roof, new paint, located 2 blocks from the Hwy 280 On/Off ramp at Saratoga Ave & Kiely. Hwy 280 allows for quick access to Hwy 880/17 and Hwy 85. Close to shopping, transportation and all freeways. Offers due 5/24 5:00 PM

Last Agent to Sell the Property

Joel Calvillo

Keller Williams Los Gatos Estates License #01733780 Listed on: 04/30/2013

Keller Williams Los Gatos Estates

Property Details

Home Type

  • Multi-Family

Year Built

  • 1968

Lot Details

  • Level Lot
  • Sprinkler System

Parking

  • Covered Parking

Home Design

  • Quadruplex
  • Composition Roof

Interior Spaces

  • 3,950 Sq Ft Home
  • 2-Story Property
  • Neighborhood Views

Kitchen

  • Oven or Range
  • Dishwasher
  • Disposal

Flooring

  • Tile
  • Vinyl

Utilities

  • Forced Air Heating System
  • Wall Furnace
  • Sewer Within 50 Feet

Listing and Financial Details

  • Total Actual Rent $62,640
  • The owner pays for garbage, services - gardener/landscaping, hot water, water

Community Details

Overview

  • 3,950 Sq Ft Building

Amenities

  • Building Patio
  • Laundry Facilities

Building Details

  • Gardener Expense $1,200
  • Insurance Expense $1,676
  • Maintenance Expense $2,000
  • Utility Expense $1,769
  • Trash Expense $1,567
  • Operating Expense $22,918
  • Gross Income $60,078

Property Details

Home Type

Multi-Family

Year Built

1968

Lot Details

0

Listing Details

  • Zoning: R3H
  • Subclass: Fourplex
  • Age: 45
  • Inspections Reports: Geological/Flood, Pest Control, Property Inspection, Flood Zone
  • Sale Price Per Sq Ft: 255.70
  • Listing Class: Residential Income (2-4 Units)
  • Max Numberof Unitsin Complex: 4
  • Min Numberof Unitsin Complex: 4
  • Structure Sq Ft: 3950
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1968

Interior Features

  • Kitchen: Dishwasher, Varies By Unit, Garbage Disposal, Oven Range, Refrigerator
  • Living Sq Ft: 3950
  • Stories: 2
  • Laundry: Washer/Dryer - Leased Coin-Op, Community Facility
  • Flooring: Carpet - Area, Tile, Vinyl / Linoleum

Exterior Features

  • Roof: Composition
  • View: Local/Neighborhood
  • Yard/Grounds: Sprinklers - Lawn

Garage/Parking

  • Garage Parking Features: Common Parking Area

Utilities

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

Condo/Co-op/Association

  • HOA Amenities: Patio - Common

Schools

  • School District: Campbell Union High
  • Elementary School: Lynhaven Elementary
  • Middle School: Monroe Middle
  • High School: Del Mar High
  • High School: 239
  • Elementary School: 58
  • Middle School: 60

Lot Info

  • Lot Description: Grade - Level
  • Lot Location: Corner
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 7888.00
  • Lot Size Area Maximum Units: Square Feet
  • Lot Size Area Max Search: 7888.00
  • Lot Size Area Min Search: 7888.00
  • Maximum Lot Size: 7888.00

Rental Info

  • Existing Lease Term(s): Month To Month, Less Than 1 Yr
  • Gross Rent Multiplier: 15.02

Multi Family

  • Expense Insurance: 1676
  • Expense Landscape: 1200
  • Expense Maintenance: 2000
  • Expenses Total: 22918
  • Expenses Utility: 1769
  • Expense Trash: 1567
  • Expense Water Sewer: 1936
  • Income Annual Gross: 60078.00
  • Income Annual Rental: 62640
  • Income Gross Scheduled: 63240
  • Income Includes: Laundry, Lease
  • Income Laundry: 600
  • Maximum Building Height: 2
  • Meters: Separate Electric, Separate Gas, Master Water
  • Minimum Building Height: 2
  • Number Of Buildings: 1
  • Operating Expenses Include: Services - Trash Removal, Services - Gardener, Utilities - Hot Water, Utilities - Water, Utilities - Gas, Insurance, Maintenance - Repair, Fee - Property Tax, Services - Sewer, Vacancy Factor, Utilities - Electric
  • Owner Pays: Garbage, Services - Gardener/Landscaping, Hot Water, Water
  • Tenant Expenses: Utilities - Gas, Utilities - Heating, Cable Tv, Utilities - Electric
  • Vacancy Amount: 3162
  • Vacancy Factor: 5

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
07/01/2013 07/01/13 Sold $1,010,000 +6.3% $256 / Sq Ft
05/26/2013 05/26/13 Pending -- -- --
04/30/2013 04/30/13 For Sale $950,000 -- $241 / 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: ML81314466

MLSListings

APN: 303-26-044