NOT LISTED FOR SALE
3 Beds
3 Baths
2,208 Sq Ft
6,251 Sq Ft

Last Sold June 17, 2021

Last sale price $1,109,000 $502 Per Sq Ft

11 Days on Market

About This Home

As of June 2021

MULTI-FAMILY VICTORIAN LOCATED IN THE HEART OF DOWNTOWN SAN JOSE. Own a Multi-Family Property in what is an epic redevelopment and resurrection of Downtown San Jose. Take a look around and see the construction and cranes in the sky. Unlike any property on the market the possibilities are endless with this beautiful timeless piece of history. Featuring a perfect mix of units that includes a 2 bedroom, 1 bedroom and studio all of which have functional living space and situated on a huge fully paved lot for ample tenant parking. You will not be disappointed for one moment with the classic detail and workmanship in this one of a kind property.

Last Agent to Sell the Property

Joshua Michaelian

Joshua A. Michaelian, Broker License #01768226 Listed on: 04/28/2021

Last Buyer's Agent

Calvin Hearns

Legacy Real Estate & Assoc. License #01278491

Property Details

Home Type

  • Multi-Family

Year Built

  • 1898

Lot Details

  • 6,251

Parking

  • 1 Car Garage

Home Design

  • Triplex
  • Masonry Perimeter Foundation
  • Composition Roof

Interior Spaces

  • 2,208 Sq Ft Home
  • 2-Story Property

Additional Features

  • 6,251 Sq Ft Lot
  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Total Actual Rent $63,900

Community Details

Overview

Building Details

  • 1 Leased Unit
  • Insurance Expense $1,735
  • Other Expense $613
  • Operating Expense $14,008
  • Gross Income $63,900

Property Details

Home Type

Multi-Family

Year Built

1898

Lot Details

6,251 Sq Ft Lot

Parking

1

Listing Details

  • Zoning: RM
  • Subclass: Triplex
  • Listing Class: Residential Income (2-4 Units)
  • Structure Sq Ft: 2208
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1898

Interior Features

  • Living Sq Ft: 2208
  • Stories: 2

Exterior Features

  • Foundation: Masonry Perimeter
  • Roof: Composition

Garage/Parking

  • Garage Spaces: 1
  • Garage Parking Features: Parking Area

Utilities

  • Cooling System: Central Ac
  • Heating System: Central Forced Air
  • Sewer/Septic System: Sewer - Public

Lot Info

  • Lot Acres: 0.1435
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 6250.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 6250.00

Rental Info

  • Existing Lease Term(s): Month To Month
  • Gross Rent Multiplier: 17.98
  • Number Of Leased: 1

Multi Family

  • Utilities: Public Utilities
  • Expense Insurance: 1735
  • Expenses Other: 613
  • Expenses Total: 14008
  • Income Annual Gross: 63900.00
  • Income Annual Rental: 63900
  • Income Gross Scheduled: 63900
  • Meters: Separate Other
  • Number Of Buildings: 1
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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
06/17/2021 06/17/21 Sold $1,109,000 -3.5% $502 / Sq Ft
05/10/2021 05/10/21 Pending -- -- --
04/28/2021 04/28/21 For Sale $1,149,000 -- $520 / Sq Ft
Source: MLSListings

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $17,187 $1,194,675 $883,294 $311,381
2024 $17,187 $1,176,878 $848,966 $327,912
2023 $16,809 $1,153,803 $832,320 $321,483
2022 $16,622 $1,131,180 $816,000 $315,180
2021 $12,224 $770,100 $396,375 $373,725
2020 $11,821 $762,204 $392,311 $369,893
2019 $11,500 $747,260 $384,619 $362,641
2018 $11,341 $732,609 $377,078 $355,531
2017 $11,222 $718,245 $369,685 $348,560
2016 $10,986 $704,163 $362,437 $341,726
2015 $10,899 $693,586 $356,993 $336,593
2014 $9,500 $680,000 $350,000 $330,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81841104

MLSListings

APN: 467-17-029

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