NOT LISTED FOR SALE
9 Beds
5 Baths
3,616 Sq Ft
7,122 Sq Ft Lot

Last Sold April 02, 2021

Last sale price $1,856,500 $513 Per Sq Ft

108 Days on Market

Highlights

  • Double Pane Windows
  • Tandem Parking
  • Coin Laundry
  • Manuel De Vargas Elementary School Rated A-
  • Forced Air Heating System
  • Carpet

About This Home

As of April 2021

This has been an excellent investment to the current owners... it's now your time. Good long term tenants Current rents for all units are lower than the market value Do not disturb tenants Close proximity to Apple, Valley Fair, Santana Row. Hwy 280, 880, Lawrence Expressway, San Thomas Expressway, Stevens Creek. Cupertino School District, close to Mitty High School, Harker High School

Last Agent to Sell the Property

Mia Park

Intero Real Estate Services License #01390597 Listed on: 11/02/2020

Intero Real Estate Services

Last Buyer's Agent

Cindy Liu

Starriver Inc License #01458200

Property Details

Home Type

  • Multi-Family

Year Built

  • 1964

Lot Details

  • 7,122 Sq Ft Lot

Home Design

  • Quadruplex
  • Clay Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 3,616 Sq Ft Home
  • 2-Story Property
  • Double Pane Windows

Flooring

  • Carpet
  • Vinyl

Parking

  • 5 Parking Spaces
  • 4 Carport Spaces
  • Tandem Parking
  • Assigned Parking

Utilities

  • Forced Air Heating System
  • Wall Furnace
  • Separate Meters

Listing and Financial Details

  • Total Actual Rent $98,928

Community Details

Overview

Amenities

  • Coin Laundry

Building Details

  • 3 Leased Units
  • Gardener Expense $1,800
  • Insurance Expense $2,269
  • Maintenance Expense $12,000
  • Manager Expense $600
  • Other Expense $2,100
  • Utility Expense $1,800
  • Trash Expense $2,232
  • Operating Expense $26,558
  • Gross Income $99,228

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: 3616
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1964

Interior Features

  • Living Sq Ft: 3616
  • Stories: 2
  • Laundry: Coin Operated
  • Flooring: Carpet, Vinyl / Linoleum

Exterior Features

  • Foundation: Concrete Perimeter
  • Roof: Clay

Garage/Parking

  • Parking Spaces: 5
  • Garage Parking Features: Assigned Spaces, Carport, Tandem Parking
  • Carport Min: 4

Utilities

  • Heating System: Central Forced Air, Wall Furnace
  • Sewer/Septic System: Sewer Connected

Schools

  • School District: Fremont Union High

Lot Info

  • Lot Acres: 0.1635
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 7120.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 7120.00

Green Features

  • Energy Features: Double Pane Windows

Rental Info

  • Existing Lease Term(s): Month To Month
  • Gross Rent Multiplier: 20.15
  • Number Of Leased: 3

Multi Family

  • Utilities: Individual Electric Meters
  • Expense Insurance: 2269
  • Expense Landscape: 1800
  • Expense Maintenance: 12000
  • Expense Management: 600
  • Expenses Other: 2100
  • Expenses Total: 26558
  • Expenses Utility: 1800
  • Expense Trash: 2232
  • Income Annual Gross: 99228.00
  • Income Annual Rental: 98928
  • Income Gross Scheduled: 99228
  • Income Includes: Laundry
  • Income Other: 300
  • Meters: Separate Electric, Separate Gas
  • Number Of Buildings: 1
  • Operating Expenses Include: Insurance, Maintenance - Repair, Services - Gardener, Services - Sewer, Services - Trash Removal, Utilities, Utilities - Water
  • Tenant Expenses: Rent Only, Utilities - Electric, Utilities - Heating

Range of Values:

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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 List to Sale Price per Sq Ft
04/02/2021 04/02/21 Sold $1,856,500 -7.1% $513 / Sq Ft
02/19/2021 02/19/21 Pending -- -- --
02/09/2021 02/09/21 For Sale $1,999,000 0.0% $553 / Sq Ft
01/31/2021 01/31/21 Pending -- -- --
01/31/2021 01/31/21 For Sale $1,999,000 0.0% $553 / Sq Ft
01/26/2021 01/26/21 Pending -- -- --
11/02/2020 11/02/20 For Sale $1,999,000 -- $553 / 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: ML81818566

MLSListings

APN: 296-39-014