NOT LISTED FOR SALE
9 Beds
5 Baths
3,793 Sq Ft
7,109 Sq Ft Lot

Last Sold July 17, 2020

Last sale price $1,930,000 $509 Per Sq Ft

23 Days on Market

Highlights

  • Granite Countertops
  • Walk-In Closet
  • Forced Air Heating System
  • Manuel De Vargas Elementary School Rated A-
  • Tile Flooring
  • Coin Laundry

About This Home

As of July 2020

Beautifully maintained 4 plex by long time owner! Cupertino schools!!! Most units are completely renovated plus many recent building upgrades including new composition roof (2019), newer landscaping and hardscape in the center courtyard, exterior paint, rebuilt deck, and more! The front unit with long term tenant has 3 bdrms/2 baths with over 1200 sf and offers a fireplace, laminate floors, and more! Other upgrades include dual paned windows, copper plumbing, rebuilt deck, etc. Six carport spaces. Tenants can walk to Safeway and other restaurants and services, and close to Westfield Mall and Santana Row. Fabulous commute location. Wonderful investment with upside potential! May be sold with 476 Greendale Way.

Last Agent to Sell the Property

Lisa Grisalin

Keller Williams Realty-Silicon Valley License #00848432 Listed on: 05/20/2020

Keller Williams Realty-Silicon Valley

Last Buyer's Agent

Patty Filice

Intero Real Estate Services License #01081677

Intero Real Estate Services

Property Details

Home Type

  • Multi-Family

Year Built

  • 1964

Lot Details

  • 7,109 Sq Ft Lot
  • Sprinklers on Timer
  • Grass Covered Lot

Home Design

  • Quadruplex
  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • Walk-In Closet
  • 3,793 Sq Ft Home
  • 2-Story Property
  • Security Lights

Kitchen

  • Electric Oven
  • Range Hood
  • Dishwasher
  • Granite Countertops
  • Ceramic Countertops
  • Disposal

Flooring

  • Carpet
  • Laminate
  • Tile
  • Vinyl

Parking

  • 6 Carport Spaces
  • On-Street Parking

Utilities

  • Forced Air Heating System
  • Vented Exhaust Fan
  • Separate Meters
  • 220 Volts
  • Individual Gas Meter

Listing and Financial Details

  • Total Actual Rent $105,420
  • Month-to-Month Lease Term

Community Details

Overview

Amenities

  • Courtyard
  • Coin Laundry

Building Details

  • 4 Leased Units
  • Gardener Expense $1,800
  • Insurance Expense $2,000
  • Maintenance Expense $2,630
  • Utility Expense $2,663
  • Trash Expense $2,450
  • Operating Expense $15,871
  • Gross Income $106,700

Property Details

Home Type

Multi-Family

Year Built

1964

Lot Details

0

Listing Details

  • Zoning: RM
  • Subclass: Fourplex
  • Age: 56
  • Listing Class: Residential Income (2-4 Units)
  • Structure Sq Ft: 3793
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1964

Interior Features

  • Kitchen: 220 Volt Outlet, Countertop - Ceramic, Countertop - Granite, Dishwasher, Exhaust Fan, Garbage Disposal, Hood Over Range, Oven Range - Electric, Refrigerator, Varies By Unit
  • Living Sq Ft: 3793
  • Stories: 2
  • Security: Security Lights
  • Laundry: Coin Operated
  • Flooring: Carpet, Laminate, Tile, Vinyl / Linoleum

Exterior Features

  • Foundation: Concrete Perimeter
  • Roof: Composition
  • Yard/Grounds: Courtyard, Low Maintenance, Sprinklers - Auto

Garage/Parking

  • Garage Parking Features: Carport, On Street
  • Carport Min: 6

Utilities

  • Heating System: Forced Air
  • Sewer/Septic System: Sewer - Public

Association/Amenities

  • Amenities Miscellaneous: Walk-In Closet

Schools

  • School District: Fremont Union High

Lot Info

  • Lot Acres: 0.1632
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 7108.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 7108.00

Rental Info

  • Existing Lease Term(s): 1 Year Lease, Lease Agreement - Written, Month To Month, Security Deposit
  • Gross Rent Multiplier: 18.28
  • Number Of Leased: 4

Multi Family

  • Utilities: Individual Electric Meters, Individual Gas Meters, Public Utilities
  • Expense Insurance: 2000
  • Expense Landscape: 1800
  • Expense Maintenance: 2630
  • Expenses Total: 15871
  • Expenses Utility: 2663
  • Expense Trash: 2450
  • Income Annual Gross: 106700.00
  • Income Annual Rental: 105420
  • Income Gross Scheduled: 106700
  • Income Includes: Laundry
  • Income Other: 1280
  • Meters: Master Water, Separate Common Area, Separate Electric, Separate Gas
  • Number Of Buildings: 1
  • Operating Expenses Include: Fee - Property Tax, Maintenance, Maintenance - Repair, Services - Gardener, Services - Trash Removal, Utilities
  • Tenant Expenses: Utilities - Electric, Utilities - Gas

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 List to Sale Price per Sq Ft
07/17/2020 07/17/20 Sold $1,930,000 -7.9% $509 / Sq Ft
06/13/2020 06/13/20 Pending -- -- --
05/20/2020 05/20/20 For Sale $2,095,000 -- $552 / 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: ML81793247

MLSListings

APN: 296-39-019