NOT LISTED FOR SALE
4 Beds
-- Bath
2,600 Sq Ft
5,227 Sq Ft Lot

Last Sold December 08, 2014

Last sale price $812,500 $312 Per Sq Ft

91 Days on Market

Highlights

  • Wood Flooring
  • Level Lot
  • 5-minute walk to John P. Mcenery Park
  • Floor Furnace

About This Home

As of December 2014

Great Downtown location near San Jose State and City Hall. Many upgrades and huge potential. Good rents and low vacancies. Full basement and off street parking.

Last Agent to Sell the Property

David Ferreira

Premier Real Estate And Mortgage Services License #00999881 Listed on: 07/28/2014

Last Buyer's Agent

John Pham

JPA, The Real Estate Group License #01281572

Property Details

Home Type

  • Multi-Family

Year Built

  • 1898

Lot Details

  • 5,227

Parking

  • Off-Street Parking

Home Design

  • Quadruplex
  • Tar and Gravel Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 2,600 Sq Ft Home
  • 2-Story Property

Flooring

  • Wood
  • Laminate
  • Tile
  • Vinyl

Utilities

  • Floor Furnace
  • Wall Furnace
  • Sewer Within 50 Feet

Additional Features

  • Energy-Efficient Insulation
  • Level Lot

Listing and Financial Details

  • Total Actual Rent $61,620
  • The owner pays for garbage, services - gardener/landscaping, water

Community Details

Overview

  • 2,600 Sq Ft Building

Building Details

  • Gardener Expense $1,170
  • Insurance Expense $2,104
  • Maintenance Expense $380
  • Manager Expense $5,940
  • Other Expense $1,450
  • Trash Expense $2,916
  • Operating Expense $18,959
  • Gross Income $57,923

Property Details

Home Type

Multi-Family

Year Built

1898

Lot Details

0

Listing Details

  • Zoning: RM
  • Subclass: Fourplex
  • Age: 116
  • Inspections Reports: Fault Zone, Flood Zone
  • Listing Class: Residential Income (2-4 Units)
  • Max Numberof Unitsin Complex: 4
  • Min Numberof Unitsin Complex: 4
  • Structure Sq Ft: 2600
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1898

Interior Features

  • Kitchen: Refrigerator
  • Living Sq Ft: 2600
  • Stories: 2
  • Laundry: Laundry - No
  • Flooring: Tile, Laminate, Carpet - Wall To Wall, Wood, Vinyl / Linoleum

Exterior Features

  • Foundation: Concrete Perimeter
  • Roof: Tar And Gravel
  • View: Local/Neighborhood

Garage/Parking

  • Garage Parking Features: Off-Street Parking

Utilities

  • Heating System: Wall Furnace, Floor Furnace
  • Sewer/Septic System: Sewer In Street, Sewer Connected

Schools

  • School District: San Jose Unified

Lot Info

  • Lot Description: Grade - Level
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 5520.00
  • Lot Size Area Maximum Units: Square Feet
  • Lot Size Area Max Search: 5520.00
  • Lot Size Area Min Search: 5520.00
  • Maximum Lot Size: 5520.00

Green Features

  • Energy Features: Insulation - Unknown

Rental Info

  • Existing Lease Term(s): Month To Month
  • Gross Rent Multiplier: 13.39

Multi Family

  • Expense Insurance: 2104
  • Expense Landscape: 1170
  • Expense Maintenance: 380
  • Expense Management: 5940
  • Expenses Other: 1450
  • Expenses Total: 18959
  • Expense Trash: 2916
  • Expense Water Sewer: 1044
  • Income Annual Gross: 57923.00
  • Income Annual Rental: 61620
  • Income Gross Scheduled: 61620
  • Income Includes: Lease
  • Maximum Building Height: 2
  • Meters: Separate Electric, Separate Gas
  • Minimum Building Height: 2
  • Number Of Buildings: 1
  • Operating Expenses Include: Services - Trash Removal, Services - Gardener, Utilities - Water, Insurance, Services - Janitor, Maintenance - Repair, Services - On-Site Manager, Fee - Property Management, Fee - Property Tax, Services - Sewer, Supplies, Vacancy Factor
  • Owner Pays: Garbage, Services - Gardener/Landscaping, Water
  • Tenant Expenses: Utilities - Gas, Utilities - Heating, Cable Tv, Utilities - Electric
  • Vacancy Amount: 3697
  • Vacancy Factor: 6

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
12/08/2014 12/08/14 Sold $812,500 -1.5% $313 / Sq Ft
10/27/2014 10/27/14 Pending -- -- --
07/28/2014 07/28/14 For Sale $825,000 -- $317 / 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: ML81427162

MLSListings

APN: 467-18-092