$750,000
SOLD OCT 31, 2024
3 Beds
3 Baths
1,706 Sq Ft
3,920 Sq Ft Lot

Recently Sold

$440 Per Sq Ft

17% Below List Price

20 Days on Market

Highlights

  • Tandem Parking
  • Ceiling Fan
  • Carpet
  • Del Mar High School Rated A-
  • Washer and Dryer
  • 1-Story Property

About This Home

As of October 2024

This centrally located triplex offers flexibility for those seeking an investment, a place to live, or both. Each unit includes 1 bedroom and 1 bathroom, with separate meters for each unit. The unit at 447 features indoor laundry. The property includes shared outdoor space with a brick patio, and two units have laminate flooring. Additional shared storage is available in the basement. Located in the Burbank neighborhood of San Jose, the property provides convenient access to amenities, dining, shopping, and entertainment, including Valley Fair, Santana Row, and the SAP Center. With easy access to highways 880, 280, and public transportation, this property presents a versatile opportunity for ownership in a well-connected area.

Last Agent to Sell the Property

Robert Gosalvez

Compass License #01272788 Listed on: 09/10/2024

Compass

Co-Listed By

Renee Ross

Compass License #01004011

Last Buyer's Agent

William Chen

Faithful License #01863645

Property Details

Home Type

  • Multi-Family

Year Built

  • 1900

Lot Details

  • 3,920 Sq Ft Lot

Home Design

  • Triplex
  • Mudsill Foundation
  • Rolled or Hot Mop Roof
  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,706 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Formica Countertops
  • Washer and Dryer

Flooring

  • Carpet
  • Laminate
  • Vinyl

Parking

  • 2 Parking Spaces
  • No Garage
  • Tandem Parking
  • On-Street Parking

Utilities

  • Wall Furnace
  • Vented Exhaust Fan
  • Separate Meters
  • Individual Gas Meter

Listing and Financial Details

  • Total Actual Rent $56,100

Community Details

Overview

  • 1,706 Sq Ft Building

Building Details

  • 2 Leased Units
  • Gross Income $56,100

Property Details

Home Type

Multi-Family

Year Built

1900

Lot Details

0

Listing Details

  • Zoning: R1-N2
  • Subclass: Triplex
  • Age: 124
  • Listing Class: Residential Income (2-4 Units)
  • Structure Sq Ft: 1706
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1900

Interior Features

  • Kitchen: Countertop - Formica, Exhaust Fan
  • Living Sq Ft: 1706
  • Stories: 1
  • Laundry: Washer/Dryer - Some Units
  • Flooring: Carpet, Laminate, Vinyl / Linoleum

Exterior Features

  • Foundation: Concrete Perimeter And Slab, Mudsill
  • Roof: Composition, Rolled Composition

Garage/Parking

  • Parking Spaces: 2
  • Garage Parking Features: No Garage, On Street, Tandem Parking

Utilities

  • Cooling System: Ceiling Fan
  • Heating System: Wall Furnace
  • Sewer/Septic System: Sewer Connected

Schools

  • School District: Campbell Union High

Lot Info

  • Lot Acres: 0.0900
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 3920.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 3920.00

Rental Info

  • Existing Lease Term(s): Month To Month
  • Gross Rent Multiplier: 14.24
  • Number Of Leased: 2

Multi Family

  • Utilities: Individual Electric Meters, Individual Gas Meters
  • Income Annual Gross: 56100.00
  • Income Annual Rental: 56100
  • Income Gross Scheduled: 56100
  • Income Includes: Rents
  • Meters: Separate Electric, Separate Gas, Separate Water
  • Number Of Buildings: 2
  • Operating Expenses Include: Insurance, Maintenance
  • Tenant Expenses: Services - Trash Removal, Utilities - Electric, Utilities - Gas, Utilities - Water

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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
10/31/2024 10/31/24 Sold $750,000 -6.1% $440 / Sq Ft
10/01/2024 10/01/24 Pending -- -- --
09/23/2024 09/23/24 Price Changed $799,000 -11.1% $468 / Sq Ft
09/10/2024 09/10/24 For Sale $899,000 -- $527 / 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: ML81979832

MLSListings