NOT LISTED FOR SALE

518 N 3rd St San Jose, CA 95112

Japantown Neighborhood
5 Beds
-- Bath
2,304 Sq Ft
6,534 Sq Ft Lot

Last Sold December 24, 2013

Last sale price $750,000 $326 Per Sq Ft

31 Days on Market

Highlights

  • Tile Flooring
  • 4-minute walk to Japantown/Ayer Station
  • 1-Story Property
  • Level Lot

About This Home

As of December 2013

One story 4-plex * Well maintained * Long term tenants that would like to stay * (3) 1bed/1bath and (1) 2beds/bath ** 3 car garage *** Many upgrades ** Tile/pergo floor (no carpet) *** Each unit has separated water heater, water meter and PG & E meters ** Nice neighborhood *** Great for buyers to occupy one unit and collect rents on others *

Last Agent to Sell the Property

Truman Nhu

Skyview International Group License #01110101 Listed on: 09/30/2013

Last Buyer's Agent

John Pinto

John V. Pinto, Broker License #00472007

Property Details

Home Type

  • Multi-Family

Year Built

  • 1949

Lot Details

  • Level Lot

Home Design

  • Quadruplex
  • Tile Roof

Interior Spaces

  • 2,304 Sq Ft Home
  • 1-Story Property
  • Oven or Range

Flooring

  • Laminate
  • Tile

Parking

  • Covered Parking
  • Uncovered Parking

Utilities

  • Wall Furnace
  • Sewer Within 50 Feet

Listing and Financial Details

  • Total Actual Rent $53,400
  • The owner pays for garbage, services - gardener/landscaping, water

Community Details

Overview

  • 2,304 Sq Ft Building

Building Details

  • Gardener Expense $600
  • Insurance Expense $1,000
  • Other Expense $1,000
  • Trash Expense $2,100
  • Operating Expense $13,042
  • Gross Income $53,400

Property Details

Home Type

Multi-Family

Year Built

1949

Lot Details

0

Listing Details

  • Zoning: RM
  • Subclass: Fourplex
  • Age: 64
  • Inspections Reports: Fault Zone, Flood Zone
  • Sale Price Per Sq Ft: 325.52
  • Listing Class: Residential Income (2-4 Units)
  • Max Numberof Unitsin Complex: 4
  • Min Numberof Unitsin Complex: 4
  • Structure Sq Ft: 2304
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1949

Interior Features

  • Kitchen: Oven Range, Refrigerator
  • Living Sq Ft: 2304
  • Stories: 1
  • Laundry: Laundry Area - In All Units
  • Flooring: Tile, Laminate

Exterior Features

  • Roof: Tile

Garage/Parking

  • Garage Parking Features: Common Parking Area, Uncovered Parking

Utilities

  • Heating System: Wall Furnace
  • Sewer/Septic System: Sewer In Street, Sewer Connected

Schools

  • School District: San Jose Unified

Lot Info

  • Lot Description: Grade - Level
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 6534.00
  • Lot Size Area Maximum Units: Square Feet
  • Lot Size Area Max Search: 6534.00
  • Lot Size Area Min Search: 6534.00
  • Maximum Lot Size: 6534.00

Rental Info

  • Existing Lease Term(s): Month To Month
  • Gross Rent Multiplier: 14.14

Multi Family

  • Expense Insurance: 1000
  • Expense Landscape: 600
  • Expenses Other: 1000
  • Expenses Total: 13042
  • Expense Trash: 2100
  • Expense Water Sewer: 1920
  • Income Annual Gross: 53400.00
  • Income Annual Rental: 53400
  • Income Gross Scheduled: 53400
  • Income Includes: Lease
  • Maximum Building Height: 1
  • Meters: Separate Electric, Separate Gas, Separate Water
  • Minimum Building Height: 1
  • Number Of Buildings: 1
  • Operating Expenses Include: Services - Trash Removal, Services - Gardener, Utilities - Water, Insurance, Fee - License/Advertising, Fee - Property Tax, Services - Sewer
  • Owner Pays: Garbage, Services - Gardener/Landscaping, Water
  • Tenant Expenses: Utilities - Gas, Utilities - Heating, Utilities - Hot Water, Utilities - Electric

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
12/24/2013 12/24/13 Sold $750,000 0.0% $326 / Sq Ft
10/31/2013 10/31/13 Pending -- -- --
09/30/2013 09/30/13 For Sale $750,000 -- $326 / Sq Ft
Source: MLSListings

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • T

    Seller's Agent in 2013

    Truman Nhu

    Skyview International Group

    Section Image
  • John Pinto

    Buyer's Agent in 2013

    John Pinto

    John V. Pinto, Broker

    (408) 829-4141

    31 Total Sales

    John Pinto
    Section Image
See All Agents

Map

Source: MLSListings

MLS Number: ML81336040

MLSListings

APN: 249-40-046

California Santa Clara County San Jose 95112 Japantown

518 N 3rd St, San Jose, CA

This home is located at 518 N 3rd St, San Jose, CA 95112 since 30 September 2013. This property was built in 1949. 518 N 3rd St is a home located in Santa Clara County with nearby schools including Grant Elementary School, Muwekma Ohlone Middle, and San Jose High School.

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