NOT LISTED FOR SALE
6 Beds
2 Baths
2,160 Sq Ft
5,702 Sq Ft Lot

Last Sold February 26, 2024

Last sale price $1,345,888 $623 Per Sq Ft

54 Days on Market

About This Home

As of February 2024

Great opportunity to purchase investment property surrounded by a charming single family home neighborhood. Both units have been remodeled and are vacant and ready for occupancy . New roof and paint (11/23) Large units featuring 3 bedrooms, new flooring, remodeled kitchen and bath. Plenty of off street parking. This unit is located towards the front of the property with a very large back area that could possibly be additional rental unit. 1.3 miles to downtown San Jose. 1.4 miles to San Jose State University.

Last Agent to Sell the Property

Mike Gaines

Compass License #01244568 Listed on: 11/28/2023

Compass

Co-Listed By

Brenda Addiego

Compass License #02019783

Last Buyer's Agent

Jag Saggi

Reliable Real Estate Services License #01425900

Property Details

Home Type

  • Multi-Family

Year Built

  • 1969

Lot Details

  • 5,702 Sq Ft Lot

Home Design

  • Duplex
  • Permanent Foundation
  • Composition Roof

Interior Spaces

  • 2,160 Sq Ft Home
  • 2-Story Property
  • Electric Cooktop

Flooring

  • Carpet
  • Laminate

Parking

  • 4 Parking Spaces
  • No Garage
  • Covered Parking

Utilities

  • Wall Furnace
  • Separate Meters

Listing and Financial Details

  • Total Actual Rent $39,393

Community Details

Overview

Building Details

  • 1 Leased Unit
  • Gardener Expense $3,396
  • Insurance Expense $3,165
  • Maintenance Expense $1,200
  • Trash Expense $1,200
  • Operating Expense $11,339
  • Gross Income $39,393

Property Details

Home Type

Multi-Family

Year Built

1969

Lot Details

0

Listing Details

  • Zoning: R2
  • Subclass: Duplex
  • Age: 54
  • Listing Class: Residential Income (2-4 Units)
  • Structure Sq Ft: 2160
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1969

Interior Features

  • Kitchen: Cooktop - Electric
  • Living Sq Ft: 2160
  • Stories: 2
  • Flooring: Carpet, Laminate

Exterior Features

  • Foundation: Permanent
  • Roof: Composition

Garage/Parking

  • Parking Spaces: 4
  • Garage Parking Features: Common Parking Area, No Garage

Utilities

  • Heating System: Wall Furnace
  • Sewer/Septic System: Sewer Connected

Schools

  • School District: San Jose Unified

Lot Info

  • Lot Acres: 0.1309
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 5704.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 5704.00

Rental Info

  • Existing Lease Term(s): Month To Month
  • Gross Rent Multiplier: 34.14
  • Number Of Leased: 1

Multi Family

  • Utilities: Individual Electric Meters, Public Utilities
  • Expense Insurance: 3165
  • Expense Landscape: 3396
  • Expense Maintenance: 1200
  • Expenses Total: 11339
  • Expense Trash: 1200
  • Income Annual Gross: 39393.00
  • Income Annual Rental: 39393
  • Income Gross Scheduled: 39393
  • Meters: Separate Electric, Separate Gas, Separate Water
  • Number Of Buildings: 1
  • Operating Expenses Include: Fee - Property Management, Maintenance - Repair
  • Tenant Expenses: Utilities - Electric, Utilities - Gas, Utilities - Water

Range of Values:

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List Price
Sold Price
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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
02/26/2024 02/26/24 Sold $1,345,888 +0.1% $623 / Sq Ft
01/21/2024 01/21/24 Pending -- -- --
01/15/2024 01/15/24 Price Changed $1,345,000 -2.9% $623 / Sq Ft
11/28/2023 11/28/23 For Sale $1,385,000 -- $641 / 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: ML81944471

MLSListings

APN: 249-57-044