NOT LISTED FOR SALE
9 Beds
5 Baths
3,846 Sq Ft
7,440 Sq Ft Lot

Last Sold October 05, 2023

Last sale price $2,172,000 $565 Per Sq Ft

12 Days on Market

Highlights

  • Granite Countertops
  • Balcony
  • Laundry Room
  • Easterbrook Discovery Rated A
  • Enclosed Patio or Porch
  • Tile Flooring

About This Home

As of October 2023

Introducing a remarkable opportunity, a 4-Plex that the same family has lovingly owned for nearly 50 years. Every tenant enjoys the convenience of their 1-car garage. Unit 4 is strategically positioned above the garage, effectively minimizing noise disturbances for those below. Apartment 4 upstairs shines with recent renovations, boasting a brand-new kitchen, bathroom, refreshed flooring, LED recessed lights, and a pristine coat of paint. Meanwhile, the other units have undergone various upgrades, ensuring a comfortable living environment. The lower units feature private courtyards, perfect for relaxing or entertaining guests, while the upper units boast expansive patio decks. With proximity to major highways such as 280, 17, and 87, commuting becomes a breeze, granting residents easy access to all San Jose offers. We look forward to helping you discover the endless possibilities that await at 4397 Blackford Avenue. Professional photos will be available by August 25th.

Last Agent to Sell the Property

Frank Quinn

Coldwell Banker Realty License #01354078 Listed on: 08/24/2023

Coldwell Banker Realty

Last Buyer's Agent

Hong Sycks

Keller Williams Palo Alto License #02111675

Keller Williams Palo Alto

Property Details

Home Type

  • Multi-Family

Year Built

  • 1968

Lot Details

  • 7,440 Sq Ft Lot
  • Mostly Level

Parking

  • 4 Car Garage
  • On-Street Parking

Home Design

  • Quadruplex
  • Wood Frame Construction
  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 3,846 Sq Ft Home
  • 2-Story Property

Kitchen

  • Electric Oven
  • Electric Cooktop
  • Granite Countertops
  • Formica Countertops
  • Disposal

Flooring

  • Carpet
  • Laminate
  • Tile
  • Vinyl

Laundry

  • Laundry Room
  • Washer and Dryer

Outdoor Features

  • Balcony
  • Enclosed Patio or Porch

Utilities

  • Forced Air Heating System
  • Vented Exhaust Fan
  • Heating System Uses Gas
  • Separate Meters

Listing and Financial Details

  • Total Actual Rent $125,436

Community Details

Overview

Building Details

  • 2 Leased Units
  • Gardener Expense $200
  • Insurance Expense $2,600
  • Maintenance Expense $2,500
  • Other Expense $852
  • Utility Expense $4,500
  • Trash Expense $2,268
  • Operating Expense $20,941
  • Gross Income $124,627

Property Details

Home Type

Multi-Family

Year Built

1968

Lot Details

0

Parking

4

Listing Details

  • Zoning: R3
  • Subclass: Fourplex
  • Age: 55
  • Listing Class: Residential Income (2-4 Units)
  • Structure Sq Ft: 3846
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1968

Interior Features

  • Kitchen: Cooktop - Electric, Countertop - Formica, Countertop - Granite, Exhaust Fan, Garbage Disposal, Oven Range - Electric
  • Living Sq Ft: 3846
  • Stories: 2
  • Laundry: Washer / Dryer
  • Flooring: Carpet, Laminate, Tile, Vinyl / Linoleum
  • Additional Rooms: Laundry Room, Storage

Exterior Features

  • Foundation: Concrete Perimeter And Slab
  • Roof: Composition
  • Yard/Grounds: Balcony / Patio, Porch - Enclosed
  • Construction Type: Wood Frame

Garage/Parking

  • Garage Spaces: 4
  • Garage Parking Features: Attached Garage, On Street

Utilities

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

Schools

  • School District: Campbell Union High

Lot Info

  • Lot Description: Grade - Mostly Level
  • Lot Acres: 0.1708
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 7442.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 7442.00

Rental Info

  • Existing Lease Term(s): Less Than 1 Yr
  • Gross Rent Multiplier: 17.08
  • Number Of Leased: 2

Multi Family

  • Utilities: Individual Electric Meters
  • Expense Insurance: 2600
  • Expense Landscape: 200
  • Expense Maintenance: 2500
  • Expenses Other: 852
  • Expenses Total: 20941
  • Expenses Utility: 4500
  • Expense Trash: 2268
  • Income Annual Gross: 124627.00
  • Income Annual Rental: 125436
  • Income Gross Scheduled: 125886
  • Income Includes: Coin Operated Equip, Laundry, Lease
  • Income Other: 450
  • Meters: Master Electric, Separate Electric
  • Number Of Buildings: 1
  • Operating Expenses Include: Depreciation, Equipment/Fixture Rental, Fee - Property Tax, Maintenance - Repair, Vacancy Factor
  • Tenant Expenses: Utilities - Electric
  • Vacancy Factor: 1

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
10/05/2023 10/05/23 Sold $2,172,000 +1.0% $565 / Sq Ft
09/05/2023 09/05/23 Pending -- -- --
08/24/2023 08/24/23 For Sale $2,150,000 -- $559 / 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: ML81935186

MLSListings

APN: 381-07-014