NOT LISTED FOR SALE
5 Beds
2 Baths
1,543 Sq Ft
9,148 Sq Ft Lot

Last Sold September 21, 2015

Last sale price $725,000 $470 Per Sq Ft

23 Days on Market

Highlights

  • Forced Air Heating System
  • 1-Story Property
  • 3-minute walk to O'Connor Park

About This Home

As of September 2015

GREAT INVESTMENT PROPERTY! Can occupy one unit while generating rental income from the other unit. Also great property for the straight investor to generate great rental income.

Last Agent to Sell the Property

Miguel Rocha

Rocha Real Estate Group License #01202372 Listed on: 08/28/2015

Rocha Real Estate Group

Last Buyer's Agent

John Grandinetti

License #01179677

Property Details

Home Type

  • Multi-Family

Year Built

  • 1966

Lot Details

  • 9,148

Parking

  • 2 Car Garage
  • Unassigned Parking

Home Design

  • Duplex
  • Shingle Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,543 Sq Ft Home
  • 1-Story Property
  • Crawl Space

Utilities

  • Forced Air Heating System
  • Wall Furnace
  • Sewer Within 50 Feet

Listing and Financial Details

  • Total Actual Rent $42,000

Community Details

Overview

  • 1,543 Sq Ft Building

Building Details

  • 1 Leased Unit
  • Insurance Expense $1,000
  • Maintenance Expense $100
  • Utility Expense $1,200
  • Trash Expense $800
  • Operating Expense $10,600
  • Gross Income $42,350

Property Details

Home Type

Multi-Family

Year Built

1966

Lot Details

0

Parking

2

Listing Details

  • Zoning: R2
  • Subclass: Duplex
  • Age: 49
  • Listing Class: Residential Income (2-4 Units)
  • Structure Sq Ft: 1543
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1966

Interior Features

  • Living Sq Ft: 1543
  • Stories: 1

Exterior Features

  • Foundation: Concrete Perimeter, Crawl Space
  • Roof: Shingle

Garage/Parking

  • Garage Spaces: 2
  • Parking Spaces: 4
  • Garage Parking Features: Unassigned Spaces

Utilities

  • Heating System: Central Forced Air, Wall Furnace
  • Sewer/Septic System: Sewer In Street

Schools

  • School District: San Jose Unified
  • High School: Abraham Lincoln High
  • High School: 347

Lot Info

  • Lot Description: Staked Boundary
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 9148.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 9148.00

Rental Info

  • Existing Lease Term(s): Month To Month
  • Gross Rent Multiplier: 17.23
  • Number Of Leased: 1

Multi Family

  • Utilities: Available - Not On Site
  • Expense Insurance: 1000
  • Expense Maintenance: 100
  • Expenses Total: 10600
  • Expenses Utility: 1200
  • Expense Trash: 800
  • Income Annual Gross: 42350.00
  • Income Annual Rental: 42000
  • Income Gross Scheduled: 42350
  • Income Includes: Rents
  • Income Other: 350
  • Meters: Separate Gas, Separate Other
  • Number Of Buildings: 2
  • Tenant Expenses: Utilities - Gas

Range of Values:

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Sold Price
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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
09/21/2015 09/21/15 Sold $725,000 -0.7% $470 / Sq Ft
09/21/2015 09/21/15 Pending -- -- --
08/28/2015 08/28/15 For Sale $729,900 +21.7% $473 / Sq Ft
06/26/2013 06/26/13 Sold $600,000 +1.7% $389 / Sq Ft
05/21/2013 05/21/13 Pending -- -- --
04/22/2013 04/22/13 For Sale $589,999 -- $382 / Sq Ft
Source: MLSListings

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81512240

MLSListings

APN: 264-42-008