NOT LISTED FOR SALE
5 Beds
3 Baths
2,466 Sq Ft
7,057 Sq Ft Lot

Last Sold June 24, 2016

Last sale price $1,860,000 $754 Per Sq Ft

6 Days on Market

Highlights

  • 0.16 Acre Lot
  • Deck
  • Attic
  • Crittenden Middle School Rated A-
  • Wood Flooring
  • 4-minute walk to Whisman Park

About This Home

As of June 2016

Boasting thoughtfully updated units, this triplex of 2,466 sq. ft. (per county) on centrally located lot of 7,068 sq. ft. (per county) forms perfect investment opportunity. Includes 1 bath studio, 2 bed/1 bath unit, and 3 bed/1 bath unit. Each unit w/ remodeled kitchens and bathrooms, private laundry and outdoor spaces, and luxurious amenities. Stroll to parks, bike to top companies via Stevens Creek Trail.

Last Agent to Sell the Property

Michael Repka

Deleon Realty License #70010006 Listed on: 05/18/2016

Last Buyer's Agent

Michael Repka

Deleon Realty License #70010006 Listed on: 05/18/2016

Property Details

Home Type

  • Multi-Family

Year Built

  • 1958

Lot Details

  • 7,057 Sq Ft Lot
  • Fenced
  • Sprinklers on Timer
  • Back Yard

Parking

  • 2 Car Garage
  • 2 Carport Spaces
  • Tandem Parking
  • On-Street Parking
  • Off-Street Parking

Home Design

  • Triplex
  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • Low Flow Toliet
  • 2,466 Sq Ft Home
  • 1-Story Property
  • High Ceiling
  • Ceiling Fan
  • Double Pane Windows
  • Storage Room
  • Crawl Space
  • Attic

Kitchen

  • Gas Oven
  • Self-Cleaning Oven
  • Range Hood
  • Microwave
  • Freezer
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Laminate
  • Tile

Laundry

  • Laundry Room
  • Washer and Dryer

Eco-Friendly Details

  • Green Features

Outdoor Features

  • Deck
  • Shed

Utilities

  • Wall Furnace
  • Vented Exhaust Fan
  • Thermostat
  • Separate Meters
  • Individual Gas Meter

Listing and Financial Details

  • Total Actual Rent $102,600

Community Details

Overview

  • 2,466 Sq Ft Building

Building Details

  • Gardener Expense $1,800
  • Insurance Expense $1,116
  • Maintenance Expense $2,000
  • Utility Expense $3,400
  • Trash Expense $1,800
  • Operating Expense $20,676
  • Gross Income $92,340

Property Details

Home Type

Multi-Family

Year Built

1958

Lot Details

0

Parking

2

Listing Details

  • Zoning: R2
  • Subclass: Triplex
  • Listing Class: Residential Income (2-4 Units)
  • Structure Sq Ft: 2466
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1958

Interior Features

  • Kitchen: Countertop - Other, Dishwasher, Exhaust Fan, Freezer, Garbage Disposal, Hood Over Range, Microwave, Oven - Self Cleaning, Oven Range - Gas, Pantry Cabinet, Refrigerator
  • Living Sq Ft: 2466
  • Stories: 1
  • Laundry: Hookups Only, Washer / Dryer
  • Flooring: Carpet, Hardwood, Laminate, Tile
  • Additional Rooms: Attic, Laundry Room, Storage

Exterior Features

  • Foundation: Concrete Perimeter, Crawl Space
  • Roof: Composition
  • Yard/Grounds: Back Yard, Deck, Fenced, Sprinklers - Auto, Sprinklers - Lawn, Storage Shed / Structure

Garage/Parking

  • Garage Spaces: 2
  • Parking Spaces: 2
  • Garage Parking Features: Carport, Off-Street Parking, On Street, Tandem Parking
  • Carport Min: 2

Utilities

  • Cooling System: Ceiling Fan
  • Heating System: Wall Furnace
  • Sewer/Septic System: Sewer - Public, Sewer Connected

Association/Amenities

  • Amenities Miscellaneous: High Ceiling

Schools

  • High School: 266

Lot Info

  • Lot Acres: 0.1620
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 7068.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 7068.00

Green Features

  • Energy Features: Double Pane Windows, Green Features, Low Flow Toilet, Thermostat Controller

Rental Info

  • Existing Lease Term(s): Building Vacant
  • Gross Rent Multiplier: 12.65

Multi Family

  • Utilities: Individual Electric Meters, Individual Gas Meters, Public Utilities
  • Expense Insurance: 1116
  • Expense Landscape: 1800
  • Expense Maintenance: 2000
  • Expenses Total: 20676
  • Expenses Utility: 3400
  • Expense Trash: 1800
  • Income Annual Gross: 92340.00
  • Income Annual Rental: 102600
  • Income Gross Scheduled: 102600
  • Meters: Master Electric, Master Gas, Master Water, Separate Electric, Separate Gas, Separate Water
  • Number Of Buildings: 3
  • Operating Expenses Include: Depreciation, Fee - Property Tax, Insurance, Loan - Mortgage, Loan - Principle & Interest, Maintenance - Capital Improvements, Maintenance - Exterminator, Maintenance - Repair, Services - Gardener, Vacancy Factor
  • Tenant Expenses: Services - Sewer, Services - Trash Removal, Utilities - Electric, Utilities - Gas, Utilities - Hot Water, Utilities - Water
  • Vacancy Factor: 10

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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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
06/24/2016 06/24/16 Sold $1,860,000 +43.3% $754 / Sq Ft
05/25/2016 05/25/16 Pending -- -- --
05/18/2016 05/18/16 For Sale $1,298,000 -- $526 / 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: ML81586301

MLSListings

APN: 160-05-027