$868,000
SOLD APR 11, 2018
3 Beds
2 Baths
1,441 Sq Ft
8,899 Sq Ft Lot

Recently Sold

$602 Per Sq Ft

14 Days on Market

Highlights

  • Granite Countertops
  • Washer and Dryer
  • 1-Story Property

About This Home

As of April 2022

Huge Lot in San Jose downtown. A lot of potential. You can re-build, live in the rear unit and rent out the front unit. Or rent out both units. Cash flow investment property with appreciation capital gain potential. Close to Google San Jose Campus and VTA. Invest in SJ now , Don't Wait!!

Last Agent to Sell the Property

Vivian Lee

Homeland Realty License #01881090 Listed on: 03/22/2018

Last Buyer's Agent

Sergio Ascencio

Intero Real Estate Services License #00930950

Intero Real Estate Services

Property Details

Home Type

  • Multi-Family

Year Built

  • 1957

Lot Details

  • 8,899 Sq Ft Lot

Home Design

  • Duplex
  • Shingle Roof

Interior Spaces

  • 1,441 Sq Ft Home
  • 1-Story Property
  • Crawl Space
  • Washer and Dryer

Kitchen

  • Granite Countertops
  • Tile Countertops

Parking

  • 2 Parking Spaces
  • 2 Carport Spaces

Utilities

  • Wall Furnace
  • Vented Exhaust Fan

Listing and Financial Details

  • Total Actual Rent $38,400

Community Details

Overview

  • 1,441 Sq Ft Building

Building Details

  • 1 Leased Unit
  • Insurance Expense $1,200
  • Operating Expense $8,700
  • Gross Income $38,400

Property Details

Home Type

Multi-Family

Year Built

1957

Lot Details

0

Listing Details

  • Zoning: R2
  • Subclass: Duplex
  • Style: Ranch
  • Age: 61
  • Listing Class: Residential Income (2-4 Units)
  • Structure Sq Ft: 1441
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1957

Interior Features

  • Kitchen: Appliances - Vary By Unit, Countertop - Granite, Countertop - Tile, Exhaust Fan, Hookups - Gas, Refrigerator
  • Living Sq Ft: 1441
  • Stories: 1
  • Laundry: Washer / Dryer, Washer/Dryer - Some Units

Exterior Features

  • Foundation: Crawl Space
  • Roof: Shingle

Garage/Parking

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

Utilities

  • Heating System: Wall Furnace
  • Sewer/Septic System: Sewer - Public

Schools

  • School District: San Jose Unified

Lot Info

  • Lot Acres: 0.2043
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 8898.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 8898.00

Rental Info

  • Existing Lease Term(s): Month To Month
  • Gross Rent Multiplier: 22.60
  • Number Of Leased: 1

Multi Family

  • Utilities: Public Utilities
  • Expense Insurance: 1200
  • Expenses Total: 8700
  • Income Annual Gross: 38400.00
  • Income Annual Rental: 38400
  • Income Gross Scheduled: 38400
  • Income Includes: Rents
  • Meters: Master Gas
  • Number Of Buildings: 2
  • Operating Expenses Include: Insurance, Miscellaneous/Other

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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
04/01/2022 04/01/22 Sold $1,160,000 +17.2% $805 / Sq Ft
03/25/2022 03/25/22 Pending -- -- --
03/17/2022 03/17/22 For Sale $990,000 +14.1% $687 / Sq Ft
04/11/2018 04/11/18 Sold $868,000 0.0% $602 / Sq Ft
04/06/2018 04/06/18 Pending -- -- --
03/22/2018 03/22/18 For Sale $868,000 +137.8% $602 / Sq Ft
08/31/2012 08/31/12 Sold $365,000 +7.4% $253 / Sq Ft
08/06/2012 08/06/12 Pending -- -- --
07/19/2012 07/19/12 For Sale $340,000 -- $236 / 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: ML81697659

MLSListings

APN: 481-12-075