J
Seller's Agent in 2023
Justin Bautista
Newmark Cornish & Carey
5061 Lapa Dr San Jose, CA 95129
Strawberry Park Neighborhood
9
Beds
4
Baths
3,150
Sq Ft
6,599
Sq Ft
Highlights
- Coin Laundry
- Manuel De Vargas Elementary School Rated A-
- 4-minute walk to John Mise Park
About This Home
As of June 20235061 Lapa is a well-maintained 4-plex in a highly desirable rental location. Cupertino schools, walking distance to schools and parks. Convenient to Highway 280 and Lawrence Expressway. 3 of the 4 units are currently vacant allowing a buyer to renovate the interiors and achieve the highest possible market rent. The property benefits from new copper plumbing and new sewer lines.
Last Agent to Sell the Property
Justin Bautista
Newmark Cornish & Carey License #01268331 Listed on: 05/11/2023
Last Buyer's Agent
RECIP
Out of Area Office License #00000000
Property Details
Home Type
- Multi-Family
Year Built
- 1961
Lot Details
- 6,599 Sq Ft Lot
Home Design
- Quadruplex
- Shingle Roof
- Composition Roof
- Concrete Perimeter Foundation
Interior Spaces
- 3,150 Sq Ft Home
- 2-Story Property
Parking
- 1 Parking Space
- 3 Carport Spaces
- Uncovered Parking
Utilities
- Wall Furnace
- Heating System Uses Gas
- Separate Meters
- Individual Gas Meter
Listing and Financial Details
- Total Actual Rent $104,028
Community Details
Overview
Amenities
- Coin Laundry
Building Details
- 1 Leased Unit
- Gardener Expense $1,800
- Insurance Expense $3,190
- Maintenance Expense $3,000
- Other Expense $4,161
- Utility Expense $5,400
- Trash Expense $2,400
- Operating Expense $43,468
- Gross Income $105,228
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Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 06/30/2023 06/30/23 | Sold | $1,710,000 | -4.9% | $543 / Sq Ft |
| 05/26/2023 05/26/23 | Pending | -- | -- | -- |
| 05/11/2023 05/11/23 | For Sale | $1,799,000 | -- | $571 / 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 | $22,480 | $1,779,084 | $1,451,358 | $327,726 |
| 2024 | $22,480 | $1,744,200 | $1,422,900 | $321,300 |
| 2023 | $5,900 | $330,327 | $99,027 | $231,300 |
| 2022 | $6,075 | $323,851 | $97,086 | $226,765 |
| 2021 | $5,914 | $317,502 | $95,183 | $222,319 |
| 2020 | $5,856 | $314,248 | $94,208 | $220,040 |
| 2019 | $5,735 | $308,087 | $92,361 | $215,726 |
| 2018 | $5,591 | $302,047 | $90,550 | $211,497 |
| 2017 | $5,543 | $296,125 | $88,775 | $207,350 |
| 2016 | $5,351 | $290,320 | $87,035 | $203,285 |
| 2015 | $5,272 | $285,960 | $85,728 | $200,232 |
| 2014 | $5,013 | $280,359 | $84,049 | $196,310 |
Source: Public Records
Agents Affiliated with this Home
-
-
R
Buyer's Agent in 2023
RECIP
Out of Area Office
Map
Source: MLSListings
MLS Number: ML81927874
APN: 381-43-029
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