NOT LISTED FOR SALE

4941 Canto Dr San Jose, CA 95124

Kooser Neighborhood
8 Beds
6 Baths
4,088 Sq Ft
7,405 Sq Ft Lot

Last Sold May 06, 2024

Last sale price $1,875,000 $459 Per Sq Ft

7 Days on Market

Highlights

  • Granite Countertops
  • Tile Flooring
  • Ceiling Fan
  • Lietz Elementary School Rated A-
  • Forced Air Heating System
  • Coin Laundry

About This Home

As of May 2024

It is an amazing, well-maintained park-like four-plex with $60,000 of recent updates. Most of the hard work has been completed, with three of the four units mostly updated and getting market rents. Annual rents close to $110,000 with upside rental income potential for the large 1,400+ sq. ft. three-bedroom and two-bath downstairs unit. The large three-bedroom, two-bathroom bottom unit with a private little yard is perfect for entertaining your family and friends in the California sun and makes for a great owner-occupied unit. It is dated, providing the perfect opportunity to make it your piece of paradise. It has new landscaping, exterior paint, and many internal updates. Sought after Campbell Union School District and Branham High School. Close to shopping, freeways, medical facilities, and public transportation. San Jose has a strong employment market comprised of many large companies like Google, Apple, Nvidia, Amazon, Intel, Zoom, Adobe, eBay, and many more. It's an excellent investment property to add to your real estate portfolio.

Last Agent to Sell the Property

Gustavo Gonzalez

Valley View Properties License #01278422 Listed on: 04/01/2024

Last Buyer's Agent

Matthew Minic

Coldwell Banker Realty License #02120928

Coldwell Banker Realty

Property Details

Home Type

  • Multi-Family

Year Built

  • 1977

Lot Details

  • 7,405 Sq Ft Lot
  • Level Lot

Parking

  • 2 Car Garage
  • 3 Carport Spaces
  • Uncovered Parking
  • Off-Site Parking

Home Design

  • Quadruplex
  • Shingle Roof
  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 4,088 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Washer and Dryer

Kitchen

  • Electric Cooktop
  • Range Hood
  • Dishwasher
  • Granite Countertops
  • Tile Countertops
  • Disposal

Flooring

  • Carpet
  • Laminate
  • Tile

Utilities

  • Forced Air Heating System
  • Vented Exhaust Fan

Listing and Financial Details

  • Total Actual Rent $112,380

Community Details

Overview

Amenities

  • Coin Laundry

Building Details

  • 4 Leased Units
  • Gardener Expense $1,680
  • Insurance Expense $2,837
  • Maintenance Expense $4,800
  • Other Expense $1
  • Utility Expense $5,373
  • Trash Expense $3,085
  • Operating Expense $45,472
  • Gross Income $109,009

Property Details

Home Type

Multi-Family

Year Built

1977

Lot Details

0

Parking

2

Listing Details

  • Zoning: R3
  • Subclass: Fourplex
  • Age: 47
  • Listing Class: Residential Income (2-4 Units)
  • Structure Sq Ft: 4088
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1977

Interior Features

  • Kitchen: Appliances - Vary By Unit, Cooktop - Electric, Countertop - Granite, Countertop - Tile, Dishwasher, Exhaust Fan, Garbage Disposal, Hood Over Range, Refrigerator, Varies By Unit
  • Living Sq Ft: 4088
  • Stories: 2
  • Laundry: Coin Operated, Washer / Dryer
  • Flooring: Carpet, Laminate, Tile

Exterior Features

  • Foundation: Concrete Perimeter And Slab
  • Roof: Composition, Shingle

Garage/Parking

  • Garage Spaces: 2
  • Parking Spaces: 2
  • Garage Parking Features: Off-Site Parking, Uncovered Parking
  • Carport Min: 3

Utilities

  • Cooling System: Ceiling Fan
  • Heating System: Central Forced Air - Gas, Electric
  • Sewer/Septic System: Sewer - Public, Sewer Connected

Schools

  • School District: Campbell Union High
  • Elementary School: Lietz Elementary
  • Middle School: Dartmouth Middle
  • High School: Branham High
  • High School: 237
  • Elementary School: 222
  • Middle School: 218

Lot Info

  • Lot Description: Grade - Level
  • Lot Acres: 0.1700
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 7405.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 7405.00

Rental Info

  • Existing Lease Term(s): Lease(s)
  • Gross Rent Multiplier: 16.90
  • Number Of Leased: 4

Multi Family

  • Utilities: Public Utilities
  • Expense Insurance: 2837
  • Expense Landscape: 1680
  • Expense Maintenance: 4800
  • Expenses Other: 1
  • Expenses Total: 45472
  • Expenses Utility: 5373
  • Expense Trash: 3085
  • Income Annual Gross: 109009.00
  • Income Annual Rental: 112380
  • Income Gross Scheduled: 112380
  • Income Includes: Rents
  • Meters: Master Water, Separate Electric, Separate Gas
  • Number Of Buildings: 1
  • Operating Expenses Include: Fee - Property Management, Fee - Property Tax, Insurance, Maintenance - Repair, Services - Gardener, Services - Trash Removal, Utilities - Electric, Utilities - Gas, Utilities - Hot Water, Utilities - Water
  • Tenant Expenses: Utilities - Electric, Utilities - Gas, Utilities - Heating
  • Vacancy Factor: 3

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
05/06/2024 05/06/24 Sold $1,875,000 -1.3% $459 / Sq Ft
04/09/2024 04/09/24 Pending -- -- --
04/01/2024 04/01/24 For Sale $1,898,888 -- $465 / Sq Ft
Source: MLSListings

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Gustavo Gonzalez

    Seller's Agent in 2024

    Gustavo Gonzalez

    Valley View Properties

    (408) 646-1236

    1 in this area

    41 Total Sales

    Gustavo Gonzalez
    Section Image
  • Matthew Minic

    Buyer's Agent in 2024

    Matthew Minic

    Coldwell Banker Realty

    (408) 621-0340

    1 in this area

    15 Total Sales

    Matthew Minic
    Section Image
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Map

Source: MLSListings

MLS Number: ML81959694

MLSListings

APN: 569-18-045

California Santa Clara County San Jose 95118 Kooser

4941 Canto Dr, San Jose, CA

This home is located at 4941 Canto Dr, San Jose, CA 95124 since 01 April 2024. This property was built in 1977. 4941 Canto Dr is a home located in Santa Clara County with nearby schools including Lietz Elementary School, Dartmouth Middle School, and Branham High School.

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