NOT LISTED FOR SALE

507 & 509 W Rincon Ave Campbell, CA 95008

San Tomas Neighborhood
4 Beds
4 Baths
2,128 Sq Ft
4,818 Sq Ft Lot

Last Sold September 09, 2024

Last sale price $1,560,000 $733 Per Sq Ft

7 Days on Market

Highlights

  • 2 Car Garage
  • Ceramic Countertops
  • Forced Air Heating System
  • Westmont High School Rated A
  • Tile Flooring
  • 2-minute walk to John D. Morgan Park

About This Home

As of September 2024

Great location: less than 1 mile to downtown Campbell with restaurants, bars and shops. Across the street from John D. Morgan Park. Both units are 2 bedrooms, 2 baths. Both have 1 car garages; 507 is attached, 509 is detached behind the unit. 509 has an additional designated space, 507 has a good size driveway, plus ample street parking. Both units are vacant & in great condition. Upstairs (509) has a very spacious covered front porch, fully tiled, plenty of outdoor living space! The living room is spacious, fully carpeted. Luxury vinyl plank flooring in the kitchen and the nice sized dining area. There is a freestanding air conditioning unit in the living room (stays). Laundry room is inside the hall bathroom, hall bath has been upgraded with newer vanity and marble counter. Both bedrooms have expansive closets. Downstairs (507) has vinyl plank flooring in the kitchen; carpet in all of the bedrooms. Master bedroom has dual sinks with shower over tub. Hall bath has single vanity with shower over tub. Both bedrooms have lots of closet space. Washer and dryer stay with property. Building exterior was just painted, both units have Forced Air heating and several ceiling fans; dishwashers and refrigerators. Perfect as an investment or live in one and rent the other.

Last Agent to Sell the Property

Rick Smith

KW Bay Area Estates License #00907087 Listed on: 08/01/2024

KW Bay Area Estates

Last Buyer's Agent

Sophie Lin

KW Bay Area Estates License #02103112

KW Bay Area Estates

Property Details

Home Type

  • Multi-Family

Year Built

  • 1979

Lot Details

  • 4,818 Sq Ft Lot

Parking

  • 2 Car Garage
  • 1 Carport Space
  • On-Street Parking
  • Assigned Parking

Home Design

  • Duplex
  • Tile Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 2,128 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Washer and Dryer

Kitchen

  • Electric Oven
  • Dishwasher
  • Ceramic Countertops

Flooring

  • Carpet
  • Laminate
  • Tile

Utilities

  • Cooling System Mounted To A Wall/Window
  • Forced Air Heating System
  • Separate Meters
  • Individual Gas Meter

Listing and Financial Details

  • Total Actual Rent $75,600

Community Details

Overview

Building Details

  • Insurance Expense $1,390
  • Maintenance Expense $11,528
  • Utility Expense $3,233
  • Operating Expense $27,679
  • Gross Income $75,600

Property Details

Home Type

Multi-Family

Year Built

1979

Lot Details

0

Parking

2

Listing Details

  • Zoning: P-D
  • Subclass: Duplex
  • Listing Class: Residential Income (2-4 Units)
  • Structure Sq Ft: 2128
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1979

Interior Features

  • Kitchen: Countertop - Ceramic, Dishwasher, Oven Range - Electric, Refrigerator
  • Living Sq Ft: 2128
  • Stories: 2
  • Laundry: Washer / Dryer
  • Flooring: Carpet, Laminate, Tile

Exterior Features

  • Foundation: Concrete Perimeter
  • Roof: Tile

Garage/Parking

  • Garage Spaces: 2
  • Parking Spaces: 2
  • Garage Parking Features: Assigned Spaces, Attached Garage, Detached Garage, On Street
  • Carport Min: 1

Utilities

  • Cooling System: Ceiling Fan, Window / Wall Unit
  • Heating System: Central Forced Air - Gas
  • Sewer/Septic System: Sewer Connected

Schools

  • High School: 242

Lot Info

  • Lot Acres: 0.1106
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 4819.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 4819.00

Rental Info

  • Gross Rent Multiplier: 21.10

Multi Family

  • Utilities: Individual Electric Meters, Individual Gas Meters, Public Utilities
  • Expense Insurance: 1390
  • Expense Maintenance: 11528
  • Expenses Total: 27679
  • Expenses Utility: 3233
  • Income Annual Gross: 75600.00
  • Income Annual Rental: 75600
  • Income Gross Scheduled: 75600
  • Income Includes: Rents
  • Meters: Separate Electric, Separate Gas, Separate Water
  • Number Of Buildings: 1
  • Operating Expenses Include: Fee - Property Tax, Insurance
  • Tenant Expenses: Utilities - Electric, Utilities - Gas, Utilities - Hot Water, 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
09/09/2024 09/09/24 Sold $1,560,000 -2.2% $733 / Sq Ft
08/09/2024 08/09/24 Pending -- -- --
08/01/2024 08/01/24 For Sale $1,595,000 -- $750 / Sq Ft
Source: MLSListings

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Map

Source: MLSListings

MLS Number: ML81975169

MLSListings