$1,460,000
SOLD NOV 10, 2016
4 Beds
3 Baths
1,488 Sq Ft
8,015 Sq Ft Lot

Recently Sold

$981 Per Sq Ft

4% Above List Price

4 Days on Market

Highlights

  • 0.18 Acre Lot
  • Traditional Architecture
  • Double Pane Windows
  • Amy Imai Elementary School Rated A
  • Granite Countertops
  • Level Lot

About This Home

As of November 2016

Wonderful Duplex opportunity in desirable Mountain View location. Investors value includes: 2 units, Unit A features 2 Bedrooms & 2 Bathrooms, Unit B features 2 Bedrooms & 1 Bathroom. Both units feature updated kitchen with granite counter tops, updated bathrooms, laundry in each unit, independent backyard for each unit. Just 3.3 miles to Google and Yahoo campus and only 7.3 miles to Apple campus...Great location...

Last Agent to Sell the Property

Robert Pedro

Signature Realty & Mortgage License #01179093 Listed on: 10/27/2016

Last Buyer's Agent

Linda Wang

Coldwell Banker Realty License #01703792

Coldwell Banker Realty

Property Details

Home Type

  • Multi-Family

Year Built

  • 1956

Lot Details

  • 8,015 Sq Ft Lot
  • Level Lot

Home Design

  • Duplex
  • Traditional Architecture
  • Wood Frame Construction
  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,488 Sq Ft Home
  • 1-Story Property
  • Double Pane Windows
  • Granite Countertops
  • Washer and Dryer Hookup

Parking

  • 2 Parking Spaces
  • Off-Street Parking

Utilities

  • Wall Furnace

Listing and Financial Details

  • Total Actual Rent $84,000

Community Details

Overview

Building Details

  • Gardener Expense $1,500
  • Insurance Expense $1,500
  • Maintenance Expense $750
  • Manager Expense $3,600
  • Other Expense $250
  • Trash Expense $1,200
  • Operating Expense $26,300
  • Gross Income $82,320

Property Details

Home Type

Multi-Family

Year Built

1956

Lot Details

0

Listing Details

  • Zoning: R2
  • Subclass: Duplex
  • Style: Traditional
  • Age: 60
  • Listing Class: Residential Income (2-4 Units)
  • Structure Sq Ft: 1488
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1956

Interior Features

  • Kitchen: Countertop - Granite
  • Living Sq Ft: 1488
  • Stories: 1
  • Laundry: Hookups Only

Exterior Features

  • Foundation: Concrete Perimeter
  • Roof: Composition
  • Construction Type: Wood Frame

Garage/Parking

  • Parking Spaces: 2
  • Garage Parking Features: Off-Street Parking

Utilities

  • Heating System: Wall Furnace
  • Sewer/Septic System: Sewer Connected

Schools

  • School District: Mountain View-Los Altos Union High
  • High School: Mountain View High
  • High School: 266

Lot Info

  • Lot Description: Grade - Level
  • Lot Acres: 0.1840
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 8028.11
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 8028.11

Green Features

  • Energy Features: Double Pane Windows

Rental Info

  • Existing Lease Term(s): Building Vacant
  • Gross Rent Multiplier: 16.64

Multi Family

  • Utilities: Public Utilities
  • Expense Insurance: 1500
  • Expense Landscape: 1500
  • Expense Maintenance: 750
  • Expense Management: 3600
  • Expenses Other: 250
  • Expenses Total: 26300
  • Expense Trash: 1200
  • Income Annual Gross: 82320.00
  • Income Annual Rental: 84000
  • Income Gross Scheduled: 84000
  • Income Includes: Rents
  • Meters: Separate Other
  • Number Of Buildings: 1
  • Vacancy Factor: 2

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
12/26/2021 12/26/21 Rented $3,498 0.0% --
12/26/2021 12/26/21 Under Contract -- -- --
12/06/2021 12/06/21 For Rent $3,498 +2.9% --
03/12/2017 03/12/17 Rented $3,399 0.0% --
02/09/2017 02/09/17 Price Changed $3,399 -2.9% $2 / Sq Ft
11/30/2016 11/30/16 For Rent $3,499 0.0% --
11/10/2016 11/10/16 Sold $1,460,000 +4.4% $981 / Sq Ft
11/01/2016 11/01/16 Pending -- -- --
10/27/2016 10/27/16 For Sale $1,398,000 -- $940 / 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: ML81630062

MLSListings

APN: 160-09-045