NOT LISTED FOR SALE
9 Beds
8 Baths
3,440 Sq Ft
7,031 Sq Ft Lot

Last Sold October 01, 2021

Last sale price $1,925,000 $560 Per Sq Ft

17 Days on Market

About This Home

As of October 2021

Excellent rare mix of one 3 bedroom/1.5 bath and three 2 bedroom/1.5bath townhome style units with assigned covered on site parking. Upside in rents and on site coin operated laundry. Located in the West San Jose area and walking distance Westgate Mall and El Paseo de Saratoga, with quick and convenient access to San Tomas Expressway. Centrally located and minutes away from from The Pruneyard and Downtown Campbell in one direction and Downtown San Jose and the airport are less than 15 minutes away via I-880, and San Francisco is about an hours drive north. Plenty of local parks provide excellent weekend activities for outdoor fun and recreation. There is an abundance of local spots for dining and socializing to truly feel like part of the community. 4PLEX AT 1017 W HAMILTON AVE, SAN JOSE, CA 95130 ALSO AVAILABLE CONTACT AGENT FOR INFO Video Tour: https://www.youtube.com/watch?v=8-mFTfghzRE

Last Agent to Sell the Property

Nick Kehriotis

JMK Investments License #01921720 Listed on: 08/03/2021

Last Buyer's Agent

Nick Kehriotis

JMK Investments License #01921720 Listed on: 08/03/2021

Property Details

Home Type

  • Multi-Family

Year Built

  • 1961

Lot Details

  • 7,031 Sq Ft Lot

Parking

  • 4 Carport Spaces

Home Design

  • Quadruplex
  • Slab Foundation
  • Wood Shingle Roof

Interior Spaces

  • 3,440 Sq Ft Home
  • 2-Story Property

Listing and Financial Details

  • Total Actual Rent $96,060

Community Details

Overview

Amenities

  • Coin Laundry

Building Details

  • 4 Leased Units
  • Gardener Expense $2,992
  • Insurance Expense $2,176
  • Maintenance Expense $7,000
  • Utility Expense $7,127
  • Trash Expense $2,558
  • Operating Expense $45,853
  • Gross Income $92,634

Property Details

Home Type

Multi-Family

Year Built

1961

Lot Details

0

Listing Details

  • Zoning: R3
  • Subclass: Fourplex
  • Age: 60
  • Listing Class: Residential Income (2-4 Units)
  • Structure Sq Ft: 3440
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1961

Interior Features

  • Living Sq Ft: 3440
  • Stories: 2
  • Laundry: Coin Operated

Exterior Features

  • Foundation: Concrete Slab
  • Roof: Wood Shakes / Shingles

Garage/Parking

  • Garage Parking Features: Carport
  • Carport Min: 4

Utilities

  • Sewer/Septic System: Sewer - Public

Schools

  • School District: Campbell Union High

Lot Info

  • Lot Acres: 0.1614
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 7029.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 7029.00

Rental Info

  • Existing Lease Term(s): Month To Month
  • Gross Rent Multiplier: 20.51
  • Number Of Leased: 4

Multi Family

  • Utilities: Public Utilities
  • Expense Insurance: 2176
  • Expense Landscape: 2992
  • Expense Maintenance: 7000
  • Expenses Total: 45853
  • Expenses Utility: 7127
  • Expense Trash: 2558
  • Income Annual Gross: 92634.00
  • Income Annual Rental: 96060
  • Income Gross Scheduled: 97509
  • Income Includes: Laundry
  • Income Other: 1449
  • Meters: Master Electric, Master Gas, Master Water
  • Number Of Buildings: 1
  • Tenant Expenses: All Expenses
  • 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
10/01/2021 10/01/21 Sold $1,925,000 -3.8% $560 / Sq Ft
08/20/2021 08/20/21 Pending -- -- --
08/03/2021 08/03/21 For Sale $2,000,000 -- $581 / 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: ML81856554

MLSListings

APN: 307-06-008