NOT LISTED FOR SALE

540 Fairview Dr Gilroy, CA 95020

6 Beds
3 Baths
3,384 Sq Ft
7,074 Sq Ft Lot

Last Sold June 14, 2019

Last sale price $1,495,000 $442 Per Sq Ft

Highlights

  • Horse Property
  • Coin Laundry
  • Vinyl Flooring
  • Double Pane Windows
  • Fenced
  • Heating Available

About This Home

As of June 2019

This home is located at 540 Fairview Dr, Gilroy, CA 95020 since 15 May 2019. This property was built in 1964. 540 Fairview Dr is a home located in Santa Clara County with nearby schools including Glen View Elementary School, Solorsano Middle School, and Gilroy High School.

Last Agent to Sell the Property

Eduardo Cerna

Elan Management License #00947748 Listed on: 05/15/2019

Last Buyer's Agent

Kwokkin Chan

Junction Realty Corporation License #01317780

Property Details

Home Type

  • Multi-Family

Year Built

  • 1964

Lot Details

  • 7,074 Sq Ft Lot
  • Fenced

Home Design

  • Quadruplex
  • Slab Foundation
  • Wood Frame Construction
  • Composition Roof

Interior Spaces

  • 3,384 Sq Ft Home
  • 2-Story Property
  • Double Pane Windows
  • Vinyl Flooring

Kitchen

  • Electric Oven
  • Range Hood
  • Freezer
  • Synthetic Countertops

Parking

  • 2 Parking Spaces
  • 4 Carport Spaces
  • On-Street Parking
  • Assigned Parking

Utilities

  • Cooling System Mounted To A Wall/Window
  • Heating Available
  • Separate Meters

Additional Features

  • ENERGY STAR/CFL/LED Lights
  • Horse Property

Listing and Financial Details

  • Total Actual Rent $108,000

Community Details

Overview

Amenities

  • Coin Laundry

Building Details

  • 4 Leased Units
  • Gardener Expense $900
  • Insurance Expense $500
  • Maintenance Expense $1,000
  • Manager Expense $2,400
  • Other Expense $1,000
  • Utility Expense $3,693
  • Operating Expense $24,275
  • Gross Income $105,924

Property Details

Home Type

Multi-Family

Year Built

1964

Lot Details

0

Listing Details

  • Zoning: R3
  • Subclass: Fourplex
  • Listing Class: Residential Income (2-4 Units)
  • Structure Sq Ft: 3384
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1964

Interior Features

  • Kitchen: Countertop - Synthetic, Freezer, Hood Over Range, Oven Range - Electric, Refrigerator
  • Living Sq Ft: 3384
  • Stories: 2
  • Laundry: Coin Operated
  • Flooring: Vinyl / Linoleum

Exterior Features

  • Foundation: Concrete Slab
  • Roof: Composition
  • Yard/Grounds: Fenced
  • Horse Property: Yes
  • Construction Type: Wood Frame

Garage/Parking

  • Parking Spaces: 2
  • Garage Parking Features: Assigned Spaces, Covered Parking, On Street
  • Carport Min: 4

Utilities

  • Cooling System: Window / Wall Unit
  • Heating System: Electric
  • Sewer/Septic System: Sewer Connected

Lot Info

  • Lot Acres: 0.1624
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 7073.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 7073.00

Green Features

  • Energy Features: Double Pane Windows, Energy Star Lighting

Rental Info

  • Existing Lease Term(s): Lease(s)
  • Gross Rent Multiplier: 13.69
  • Number Of Leased: 4

Multi Family

  • Utilities: Individual Electric Meters
  • Expense Insurance: 500
  • Expense Landscape: 900
  • Expense Maintenance: 1000
  • Expense Management: 2400
  • Expenses Other: 1000
  • Expenses Total: 24275
  • Expenses Utility: 3693
  • Income Annual Gross: 105924.00
  • Income Annual Rental: 108000
  • Income Gross Scheduled: 108000
  • Income Includes: Laundry, Rents
  • Income Other: 1200
  • Meters: Separate Common Area, Separate Electric
  • Number Of Buildings: 1
  • Operating Expenses Include: Fee - Other Taxes, Fee - Property Tax, Insurance, Maintenance - Repair, Salary Employee(s), Services - Gardener, Utilities, Vacancy Factor
  • Tenant Expenses: Utilities - Electric
  • 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 List to Sale Price per Sq Ft
06/14/2019 06/14/19 Sold $1,495,000 0.0% $442 / Sq Ft
05/15/2019 05/15/19 Pending -- -- --
05/15/2019 05/15/19 For Sale $1,495,000 -- $442 / Sq Ft
Source: MLSListings

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • E

    Seller's Agent in 2019

    Eduardo Cerna

    Elan Management

  • K

    Buyer's Agent in 2019

    Kwokkin Chan

    Junction Realty Corporation

    (408) 981-6897

    1 in this area

    8 Total Sales

    Kwokkin Chan
    Section Image
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Map

Source: MLSListings

MLS Number: ML81752112

MLSListings

APN: 799-13-036

California Santa Clara County Gilroy 95020

540 Fairview Dr, Gilroy, CA

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