NOT LISTED FOR SALE

534 Columbia Ave San Jose, CA 95126

Downtown San Jose Neighborhood
4 Beds
-- Bath
2,504 Sq Ft
4,356 Sq Ft Lot

Last Sold August 22, 2014

Last sale price $650,000 $260 Per Sq Ft

8 Days on Market

About This Home

As of August 2014

Great income opportunity for a 4 bdr unit close to downtown San Jose. Please do not disturb tenants!

Last Agent to Sell the Property

Vita Hall

Coldwell Banker Realty License #01262611 Listed on: 07/25/2014

Last Buyer's Agent

Mark Dwelle

Coldwell Banker Realty License #01436775

Coldwell Banker Realty

Property Details

Home Type

  • Multi-Family

Year Built

  • 1954

Lot Details

  • 4,356

Parking

  • Carport

Home Design

  • Quadruplex
  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 2,504 Sq Ft Home
  • 2-Story Property
  • Oven or Range

Flooring

  • Wood
  • Carpet
  • Vinyl

Utilities

  • Wall Furnace
  • Heating System Uses Gas
  • Sewer Within 50 Feet

Additional Features

  • Energy-Efficient Insulation
  • Level Lot

Listing and Financial Details

  • Total Actual Rent $38,400
  • The owner pays for garbage, services - gardener/landscaping, water

Community Details

Overview

  • 2,504 Sq Ft Building

Building Details

  • Gardener Expense $200
  • Insurance Expense $2,000
  • Maintenance Expense $500
  • Manager Expense $5,800
  • Other Expense $5,000
  • Utility Expense $1,520
  • Trash Expense $300
  • Operating Expense $17,533
  • Gross Income $38,400

Property Details

Home Type

Multi-Family

Year Built

1954

Lot Details

0

Listing Details

  • Zoning: LI
  • Subclass: Fourplex
  • Age: 60
  • Inspections Reports: Fault Zone, Pest Control, Property Inspection, Flood Zone
  • Sale Price Per Sq Ft: 259.58
  • Listing Class: Residential Income (2-4 Units)
  • Max Numberof Unitsin Complex: 4
  • Min Numberof Unitsin Complex: 4
  • Structure Sq Ft: 2504
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1954

Interior Features

  • Kitchen: Oven Range, Refrigerator
  • Living Sq Ft: 2504
  • Stories: 2
  • Laundry: Laundry - No
  • Flooring: Carpet - Wall To Wall, Hardwood, Vinyl / Linoleum, Carpet, Varies By Unit

Exterior Features

  • Foundation: Concrete Perimeter And Slab
  • Roof: Composition
  • View: Local/Neighborhood

Garage/Parking

  • Garage Parking Features: Carport

Utilities

  • Heating System: Wall Furnace, Gas
  • 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: 5227.00
  • Lot Size Area Maximum Units: Square Feet
  • Lot Size Area Max Search: 5227.00
  • Lot Size Area Min Search: 5227.00
  • Maximum Lot Size: 5227.00

Green Features

  • Energy Features: Insulation - Unknown

Rental Info

  • Existing Lease Term(s): 1 Year Lease
  • Gross Rent Multiplier: 15.60

Multi Family

  • Expense Insurance: 2000
  • Expense Landscape: 200
  • Expense Maintenance: 500
  • Expense Management: 5800
  • Expenses Other: 5000
  • Expenses Total: 17533
  • Expenses Utility: 1520
  • Expense Trash: 300
  • Income Annual Gross: 38400.00
  • Income Annual Rental: 38400
  • Income Gross Scheduled: 38400
  • Income Includes: Lease
  • Maximum Building Height: 2
  • Meters: Separate Electric
  • Minimum Building Height: 2
  • Number Of Buildings: 1
  • Operating Expenses Include: Services - Trash Removal, Services - Gardener, Utilities - Water, Insurance, Accounting/Legal, Maintenance - Repair, Fee - Property Management, Fee - Property Tax, Services - Sewer
  • Owner Pays: Garbage, Services - Gardener/Landscaping, Water
  • Tenant Expenses: Utilities - Gas, Utilities - Heating, Cable Tv, 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
08/22/2014 08/22/14 Sold $650,000 +8.5% $260 / Sq Ft
08/02/2014 08/02/14 Pending -- -- --
07/25/2014 07/25/14 For Sale $599,000 -- $239 / Sq Ft
Source: MLSListings

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • V

    Seller's Agent in 2014

    Vita Hall

    Coldwell Banker Realty

    Section Image

  • M

    Buyer's Agent in 2014

    Mark Dwelle

    Coldwell Banker Realty

    Section Image
See All Agents

Map

Source: MLSListings

MLS Number: ML81426908

MLSListings

APN: 264-20-035

California Santa Clara County San Jose 95126 Downtown San Jose

534 Columbia Ave, San Jose, CA

This home is located at 534 Columbia Ave, San Jose, CA 95126 since 25 July 2014. This property was built in 1954. 534 Columbia Ave is a home located in Santa Clara County with nearby schools including Gardner Elementary School, Herbert Hoover Middle School, and Abraham Lincoln High.

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