NOT LISTED FOR SALE
4 Beds
2 Baths
1,820 Sq Ft
8,228 Sq Ft Lot

Last Sold November 02, 2020

Last sale price $1,870,000 $1,027 Per Sq Ft

8 Days on Market

Highlights

  • 0.19 Acre Lot
  • Washer and Dryer
  • 4-minute walk to Whisman Park
  • Theuerkauf Elementary School Rated A-
  • 1-Story Property

About This Home

As of November 2020

DO NOT DISTURB TENANTS. Great investment opportunity! This outstanding duplex, each unit with an identical floor plan of 2 bedrooms and 1 bath, is a great investment property or the perfect opportunity to live in one unit and rent the other. Each unit is beautifully updated with laminate wood floors and newer windows with blinds. The open designed living, dining, and kitchen area is spacious and bright, plus a laundry room in each unit and 2-car carport with additional driveway parking. Adding to the appeal, each unit has a large and very private outdoor living area. The location is also ideal, two blocks to Stevens Creek Trail entrance and just over one mile to downtown Castro Street and Caltrain. An excellent opportunity in Silicon Valley!

Last Agent to Sell the Property

Diane Schmitz

Christie's International Real Estate Sereno License #01235034 Listed on: 09/14/2020

Christie's International Real Estate Sereno

Last Buyer's Agent

Isabella Sun

Compass License #01997020

Compass

Property Details

Home Type

  • Multi-Family

Year Built

  • 1958

Lot Details

  • 8,228

Home Design

  • Duplex
  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,820 Sq Ft Home
  • 1-Story Property
  • Washer and Dryer

Parking

  • 2 Parking Spaces
  • 2 Carport Spaces

Additional Features

  • 8,228 Sq Ft Lot
  • Wall Furnace

Listing and Financial Details

  • Total Actual Rent $73,200

Community Details

Overview

Building Details

  • 1 Leased Unit
  • Gardener Expense $1,680
  • Insurance Expense $825
  • Trash Expense $3,000
  • Operating Expense $9,628
  • Gross Income $72,468

Property Details

Home Type

Multi-Family

Year Built

1958

Lot Details

0

Listing Details

  • Zoning: R2
  • Subclass: Duplex
  • Age: 62
  • Listing Class: Residential Income (2-4 Units)
  • Structure Sq Ft: 1820
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1958

Interior Features

  • Living Sq Ft: 1820
  • Stories: 1
  • Laundry: Washer / Dryer

Exterior Features

  • Foundation: Concrete Perimeter
  • Roof: Composition

Garage/Parking

  • Parking Spaces: 2
  • Garage Parking Features: Carport
  • Carport Min: 2

Utilities

  • Heating System: Wall Furnace
  • Sewer/Septic System: Sewer - Public

Schools

  • School District: Mountain View-Los Altos Union High

Lot Info

  • Lot Acres: 0.1889
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 8230.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 8230.00

Rental Info

  • Existing Lease Term(s): Month To Month
  • Gross Rent Multiplier: 27.30
  • Number Of Leased: 1

Multi Family

  • Utilities: Public Utilities
  • Expense Insurance: 825
  • Expense Landscape: 1680
  • Expenses Total: 9628
  • Expense Trash: 3000
  • Income Annual Gross: 72468.00
  • Income Annual Rental: 73200
  • Income Gross Scheduled: 73200
  • Income Includes: Rents
  • Meters: Separate Electric, Separate Gas, Separate Water
  • Number Of Buildings: 1
  • Operating Expenses Include: Fee - Property Tax, Loan - Principle & Interest, Maintenance, Services - Gardener, Services - Trash Removal, Utilities - Water
  • Tenant Expenses: Utilities - Electric, Utilities - Gas
  • Vacancy Factor: 1

Range of Values:

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List Price
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
11/02/2020 11/02/20 Sold $1,870,000 -6.4% $1,027 / Sq Ft
09/22/2020 09/22/20 Pending -- -- --
09/14/2020 09/14/20 For Sale $1,998,000 -- $1,098 / 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: ML81803800

MLSListings

APN: 160-05-021