$1,473,000
SOLD JUN 29, 2017

5011 Lapa Dr San Jose, CA 95129

Strawberry Park Neighborhood
6 Beds
5 Baths
3,158 Sq Ft
7,579 Sq Ft Lot

Recently Sold

$466 Per Sq Ft

5% Below List Price

16 Days on Market

Highlights

  • Washer and Dryer
  • Manuel De Vargas Elementary School Rated A-
  • 3-minute walk to John Mise Park

About This Home

As of June 2017

Professionally managed 4-plex in ideal West San Jose rental location. Award winning Cupertino schools. Unit mix (1) 2+2, (1) 2+1, (2) 1+1. (1) Large private yard, (2) balconies. (4) Private garages. Walking distance to John Mise Park. Convenient to Lawrence Expressway, Highway 280, Stevens Creek Boulevard. Moments to new Apple Spaceship Campus. Tremendous upside potential - below market rents.

Last Agent to Sell the Property

Justin Bautista

Newmark Cornish & Carey License #01268331 Listed on: 05/12/2017

Co-Listed By

Joel Hopman

Newmark Cornish & Carey License #01934574

Last Buyer's Agent

Joel Hopman

Newmark Cornish & Carey License #01934574

Property Details

Home Type

  • Multi-Family

Year Built

  • 1963

Lot Details

  • 7,579 Sq Ft Lot

Parking

  • 4 Car Garage

Home Design

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

Interior Spaces

  • 3,158 Sq Ft Home
  • 2-Story Property
  • Washer and Dryer

Utilities

  • Wall Furnace
  • Heating System Uses Gas
  • Separate Meters
  • Individual Gas Meter

Listing and Financial Details

  • Total Actual Rent $69,360

Community Details

Overview

Building Details

  • 4 Leased Units
  • Gardener Expense $900
  • Insurance Expense $1,200
  • Maintenance Expense $3,000
  • Other Expense $2,081
  • Utility Expense $5,006
  • Trash Expense $2,645
  • Operating Expense $35,189
  • Gross Income $70,320

Property Details

Home Type

Multi-Family

Year Built

1963

Lot Details

0

Parking

4

Listing Details

  • Zoning: R3
  • Subclass: Fourplex
  • Age: 54
  • Listing Class: Residential Income (2-4 Units)
  • Structure Sq Ft: 3158
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1963

Interior Features

  • Living Sq Ft: 3158
  • Stories: 2
  • Laundry: Washer / Dryer

Exterior Features

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

Garage/Parking

  • Garage Spaces: 4
  • Garage Parking Features: Attached Garage

Utilities

  • Heating System: Gas, Wall Furnace
  • Sewer/Septic System: Sewer - Public, Sewer Connected

Schools

  • School District: Fremont Union High

Lot Info

  • Lot Acres: 0.1740
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 7592.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 7592.00

Rental Info

  • Existing Lease Term(s): Month To Month
  • Gross Rent Multiplier: 22.04
  • Number Of Leased: 4

Multi Family

  • Utilities: Individual Electric Meters, Individual Gas Meters, Public Utilities
  • Expense Insurance: 1200
  • Expense Landscape: 900
  • Expense Maintenance: 3000
  • Expenses Other: 2081
  • Expenses Total: 35189
  • Expenses Utility: 5006
  • Expense Trash: 2645
  • Income Annual Gross: 70320.00
  • Income Annual Rental: 69360
  • Income Gross Scheduled: 70320
  • Income Includes: Laundry, Rents
  • Income Other: 960
  • Meters: Master Water, Separate Electric, Separate Gas
  • Number Of Buildings: 1
  • Operating Expenses Include: Fee - Property Tax, Insurance, Maintenance - Repair, Services - Gardener, Services - Sewer, Services - Trash Removal, Utilities - Electric, Utilities - Gas, Utilities - Hot Water, Utilities - Water, Vacancy Factor
  • Tenant Expenses: Utilities - Electric, Utilities - Gas, Utilities - Heating

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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
06/27/2025 06/27/25 For Sale $2,485,000 +68.7% $787 / Sq Ft
06/29/2017 06/29/17 Sold $1,473,000 -5.0% $466 / Sq Ft
05/29/2017 05/29/17 Pending -- -- --
05/12/2017 05/12/17 For Sale $1,550,000 -- $491 / Sq Ft
Source: MLSListings

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2025

    Jonathan Minerick

    HOMECOIN.COM

  • J

    Seller's Agent in 2017

    Justin Bautista

    Newmark Cornish & Carey

    Section Image

  • J

    Seller Co-Listing Agent in 2017

    Joel Hopman

    Newmark Cornish & Carey

    (650) 688-8536

    40 Total Sales

    Joel Hopman
    Section Image
See All Agents

Map

Source: MLSListings

MLS Number: ML81651247

MLSListings

APN: 381-43-039

California Santa Clara County San Jose 95129 Strawberry Park

5011 Lapa Dr, San Jose, CA

This home is located at 5011 Lapa Dr, San Jose, CA 95129 and is currently priced at $1,473,000, approximately $466 per square foot. This property was built in 1963. 5011 Lapa Dr is a home located in Santa Clara County with nearby schools including Manuel De Vargas Elementary School, Warren E. Hyde Middle School, and Cupertino High School.

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