NOT LISTED FOR SALE
Studio
-- Bath
1,795 Sq Ft
5,950 Sq Ft Lot Lot

Sale Details

Date Sold: August 30, 2019

Last sale price $925,000 $515 Per Sq Ft

16 Days on Market

Highlights

  • Wood Flooring
  • 2 Car Detached Garage
  • Grass Covered Lot
  • Spanish Architecture
  • Floor Furnace
  • 3-minute walk to Backesto Park

About This Home

As of August 2019

This duplex makes for an amazing Investment, great corner lot with even more potential! Currently 3rd unpermitted unit is empty but can be reconnected to middle unit to serve as approx 1,200 sq. ft., easy to make it a 3/2 unit. Front unit facing Empire St. is approx 600 sq ft. 1/1. Two parking spaces between garage and units, + 2 car over sized detached garage. Full Basement!! Located in a great area of downtown San Jose Japan Town close to the future Google campus, Transit Village, SJSU, Bart and Caltrain, Adobes new Offices & Amazon. Close to library, schools, park, shopping, and restaurants. Easy access to Hwy 87, 17, 101 & 280/680.

Last Agent to Sell the Property

Tina Broyles

eXp Realty of California Inc License #01009212 Listed on: 07/16/2019

eXp Realty of California Inc

Last Buyer's Agent

Gerald Guay

Compass License #01168485

Property Details

Home Type

  • Multi-Family

Year Built

  • 1950

Lot Details

  • 5,950 Sq Ft Lot
  • Grass Covered Lot

Parking

  • 2 Car Detached Garage
  • Off-Street Parking

Home Design

  • Duplex
  • Spanish Architecture
  • Slab Foundation
  • Tile Roof
  • Adobe

Interior Spaces

  • 1,795 Sq Ft Home
  • 1-Story Property

Kitchen

  • Gas Oven
  • Gas Cooktop

Flooring

  • Wood
  • Tile
  • Vinyl

Utilities

  • Floor Furnace

Listing and Financial Details

  • Total Actual Rent $24,600

Community Details

Overview

Building Details

  • 2 Leased Units
  • Utility Expense $100
  • Trash Expense $120
  • Operating Expense $3,572
  • Gross Income $24,600

Property Details

Home Type

Multi-Family

Year Built

1950

Lot Details

5,950 Sq Ft Lot

Parking

2

Listing Details

  • Zoning: R2
  • Subclass: Duplex
  • Style: Spanish
  • Listing Class: Residential Income (2-4 Units)
  • Structure Sq Ft: 1795
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1950

Interior Features

  • Kitchen: Cooktop - Gas, Oven Range - Gas, Pantry, Refrigerator
  • Living Sq Ft: 1795
  • Stories: 1
  • Flooring: Hardwood, Tile, Vinyl / Linoleum

Exterior Features

  • Foundation: Concrete Block
  • Roof: Tile
  • Yard/Grounds: Low Maintenance
  • Construction Type: Adobe

Garage/Parking

  • Garage Spaces: 2
  • Parking Spaces: 2
  • Garage Parking Features: Common Parking Area, Detached Garage, Off-Street Parking

Utilities

  • Heating System: Floor Furnace
  • Sewer/Septic System: Sewer - Public

Lot Info

  • Lot Description: Regular
  • Lot Acres: 0.1366
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 5951.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 5951.00

Rental Info

  • Existing Lease Term(s): Month To Month
  • Gross Rent Multiplier: 37.40
  • Number Of Leased: 2

Multi Family

  • Utilities: Public Utilities
  • Expenses Total: 3572
  • Expenses Utility: 100
  • Expense Trash: 120
  • Income Annual Gross: 24600.00
  • Income Annual Rental: 24600
  • Income Gross Scheduled: 24600
  • Income Includes: Rents
  • Meters: Master Gas
  • Number Of Buildings: 1
  • Operating Expenses Include: Utilities - Electric, Utilities - Water
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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
08/30/2019 08/30/19 Sold $925,000 +0.5% $515 / Sq Ft
08/01/2019 08/01/19 Pending -- -- --
07/16/2019 07/16/19 For Sale $920,000 -- $513 / 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 $15,604 $1,011,617 $749,145 $262,472
2024 $15,604 $991,782 $734,456 $257,326
2023 $15,235 $972,336 $720,055 $252,281
2022 $15,055 $953,272 $705,937 $247,335
2021 $14,621 $934,582 $692,096 $242,486
2020 $13,636 $925,000 $685,000 $240,000
2019 $5,156 $209,200 $129,772 $79,428
2018 $3,352 $61,468 $14,997 $46,471
2017 $3,282 $60,263 $14,703 $45,560
2016 $3,094 $59,082 $14,415 $44,667
2015 $3,044 $58,196 $14,199 $43,997
2014 $1,744 $57,057 $13,921 $43,136
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81757177

MLSListings

APN: 249-32-070

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