NOT LISTED FOR SALE

501 E San Fernando St San Jose, CA 95112

Naglee Park Neighborhood
4 Beds
4 Baths
2,519 Sq Ft
7,667 Sq Ft Lot

Last Sold November 01, 2016

Last sale price $980,000 $389 Per Sq Ft

10 Days on Market

Highlights

  • Vaulted Ceiling
  • Forced Air Heating System
  • 1-Story Property
  • 2 Car Detached Garage

About This Home

As of November 2016

Best 3-plex income property located in Downtown San Jose. Walking distance to San Jose State University. Unit #98 has 1bd/1ba, unit #501 has 1bd/1ba, unit #515 has 2bd/2ba. Property has been completely remodeling in 2010, detached 2-car garage with a huge basement. All units are occupied with 0% vacancy. Excellent location, current rents are under market price. Please do not disturb tenants.

Last Agent to Sell the Property

Nancy Do Hoang

Capital Asset Enterprise, Inc. License #01388696 Listed on: 08/22/2016

Last Buyer's Agent

Nancy Do Hoang

Capital Asset Enterprise, Inc. License #01388696 Listed on: 08/22/2016

Property Details

Home Type

  • Multi-Family

Year Built

  • 1904

Lot Details

  • 7,667

Parking

  • 2 Car Detached Garage
  • On-Street Parking

Home Design

  • Triplex
  • Composition Roof

Interior Spaces

  • 2,519 Sq Ft Home
  • 1-Story Property
  • Vaulted Ceiling
  • Crawl Space

Additional Features

  • 7,667 Sq Ft Lot
  • Forced Air Heating System

Listing and Financial Details

  • Total Actual Rent $54,000

Community Details

Overview

Building Details

  • 3 Leased Units
  • Insurance Expense $1,028
  • Maintenance Expense $1,700
  • Utility Expense $900
  • Operating Expense $13,072
  • Gross Income $54,000

Property Details

Home Type

Multi-Family

Year Built

1904

Lot Details

0

Parking

2

Listing Details

  • Zoning: RM
  • Subclass: Triplex
  • Age: 112
  • Listing Class: Residential Income (2-4 Units)
  • Structure Sq Ft: 2519
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1904

Interior Features

  • Living Sq Ft: 2519
  • Stories: 1

Exterior Features

  • Foundation: Crawl Space
  • Roof: Composition

Garage/Parking

  • Garage Spaces: 2
  • Parking Spaces: 2
  • Garage Parking Features: Detached Garage, On Street

Utilities

  • Heating System: Central Forced Air - Gas
  • Sewer/Septic System: Sewer Connected

Association/Amenities

  • Amenities Miscellaneous: High Ceiling, Vaulted Ceiling

Schools

  • School District: San Jose Unified

Lot Info

  • Lot Acres: 0.1760
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 7679.63
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 7679.63

Rental Info

  • Existing Lease Term(s): Month To Month
  • Gross Rent Multiplier: 17.56
  • Number Of Leased: 3

Multi Family

  • Utilities: Public Utilities
  • Expense Insurance: 1028
  • Expense Maintenance: 1700
  • Expenses Total: 13072
  • Expenses Utility: 900
  • Income Annual Gross: 54000.00
  • Income Annual Rental: 54000
  • Income Gross Scheduled: 54000
  • Income Includes: Rents
  • Meters: Master Water, Separate Electric, Separate Gas
  • Number Of Buildings: 1
  • Operating Expenses Include: Fee - Property Tax, Insurance, Maintenance, Services - Gardener, Utilities - Water
  • 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
11/01/2016 11/01/16 Sold $980,000 +3.4% $389 / Sq Ft
09/02/2016 09/02/16 Pending -- -- --
08/22/2016 08/22/16 For Sale $948,000 -- $376 / Sq Ft
Source: MLSListings

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • N

    Seller's Agent in 2016

    Nancy Do Hoang

    Capital Asset Enterprise, Inc.

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Map

Source: MLSListings

MLS Number: ML81601143

MLSListings

APN: 467-26-023

California Santa Clara County San Jose 95112 Naglee Park

501 E San Fernando St, San Jose, CA

This home is located at 501 E San Fernando St, San Jose, CA 95112 since 22 August 2016. This property was built in 1904. 501 E San Fernando St is a home located in Santa Clara County with nearby schools including Horace Mann Elementary School, Muwekma Ohlone Middle, and San Jose High School.

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