NOT LISTED FOR SALE

533 Mission St Santa Clara, CA 95050

Downtown Santa Clara Neighborhood
6 Beds
4 Baths
2,418 Sq Ft
7,841 Sq Ft Lot

Last Sold September 11, 2012

Last sale price $949,000 $392 Per Sq Ft

29 Days on Market

Highlights

  • Community Cabanas
  • Forced Air Heating and Cooling System
  • 1-Story Property
  • Westwood Elementary School Rated A
  • Carpet

About This Home

As of September 2012

Pride of ownership duplex walking distance from Santa Clara University. History of low vacancy due to student demand. Rent on a per student basis. 8.21% Market Cap Rate/9.89 Market GRM. Renovated units. 4 bed x 2 bath private yard with cabana. 2 bed x 2 bath with side yard and patio. 2 single car garages w/ automatic doors. Attractive 30 year financing available.

Last Agent to Sell the Property

Brian Henry

Cassidy Turley Northern California, Inc. License #01385537 Listed on: 07/09/2012

Last Buyer's Agent

Brian Henry

Cassidy Turley Northern California, Inc. License #01385537 Listed on: 07/09/2012

Property Details

Home Type

  • Multi-Family

Year Built

  • 1977

Lot Details

  • Sprinkler System

Parking

  • Carport

Home Design

  • Duplex

Interior Spaces

  • 2,418 Sq Ft Home
  • 1-Story Property
  • Carpet

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Utilities

  • Forced Air Heating and Cooling System
  • Sewer Within 50 Feet

Listing and Financial Details

  • Total Actual Rent $79,200
  • The owner pays for garbage, services - gardener/landscaping

Community Details

Overview

  • 2,418 Sq Ft Building

Recreation

  • Community Cabanas

Building Details

  • Gardener Expense $1,200
  • Insurance Expense $846
  • Maintenance Expense $1,000
  • Other Expense $512
  • Utility Expense $240
  • Trash Expense $480
  • Operating Expense $15,165
  • Gross Income $76,824

Property Details

Home Type

Multi-Family

Year Built

1977

Lot Details

0

Listing Details

  • Zoning: R325
  • Subclass: Duplex
  • Age: 35
  • Inspections Reports: Fault Zone, Pest Control, Property Inspection, Roof, Flood Zone
  • Sale Price Per Sq Ft: 392.47
  • Listing Class: Residential Income (2-4 Units)
  • Max Numberof Unitsin Complex: 2
  • Min Numberof Unitsin Complex: 2
  • Structure Sq Ft: 2418
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1977

Interior Features

  • Kitchen: Dishwasher, Garbage Disposal, Microwave, Oven Range, Refrigerator
  • Living Sq Ft: 2418
  • Stories: 1
  • Laundry: Laundry Area - In All Units
  • Flooring: Carpet

Exterior Features

  • Yard/Grounds: Sprinklers - Lawn

Garage/Parking

  • Garage Parking Features: Private / Exclusive, Carport

Utilities

  • Cooling System: Central Ac
  • Heating System: Central Forced Air
  • Sewer/Septic System: Sewer In Street, Sewer Connected

Condo/Co-op/Association

  • HOA Amenities: Patio - Private, Bbq Area, Cabana

Schools

  • School District: Santa Clara Unified

Lot Info

  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 8000.00
  • Lot Size Area Maximum Units: Square Feet
  • Lot Size Area Max Search: 8000.00
  • Lot Size Area Min Search: 8000.00
  • Maximum Lot Size: 8000.00

Rental Info

  • Existing Lease Term(s): 1 Year Lease
  • Gross Rent Multiplier: 11.98

Multi Family

  • Expense Insurance: 846
  • Expense Landscape: 1200
  • Expense Maintenance: 1000
  • Expenses Other: 512
  • Expenses Total: 15165
  • Expenses Utility: 240
  • Expense Trash: 480
  • Income Annual Gross: 76824.00
  • Income Annual Rental: 79200
  • Income Gross Scheduled: 79200
  • 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, Insurance, Maintenance - Repair, Fee - Property Tax
  • Owner Pays: Garbage, Services - Gardener/Landscaping
  • Tenant Expenses: Utilities - Gas, Utilities - Water, Cable Tv, Utilities - Electric
  • Vacancy Amount: 2376
  • Vacancy Factor: 3

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
09/11/2012 09/11/12 Sold $949,000 0.0% $392 / Sq Ft
08/07/2012 08/07/12 Pending -- -- --
07/09/2012 07/09/12 For Sale $949,000 -- $392 / Sq Ft
Source: MLSListings

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • B

    Seller's Agent in 2012

    Brian Henry

    Cassidy Turley Northern California, Inc.

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Map

Source: MLSListings

MLS Number: ML81225664

MLSListings
California Santa Clara County Santa Clara 95050 Downtown Santa Clara

533 Mission St, Santa Clara, CA

This home is located at 533 Mission St, Santa Clara, CA 95050 since 09 July 2012. This property was built in 1977. 533 Mission St is a home located in Santa Clara County with nearby schools including Westwood Elementary School, Buchser Middle School, and Santa Clara High School.

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