NOT LISTED FOR SALE

540 Lewis St Gilroy, CA 95020

4 Beds
3 Baths
1,875 Sq Ft
6,447 Sq Ft Lot

Last Sold June 07, 2017

Last sale price $700,000 $373 Per Sq Ft

92 Days on Market

Highlights

  • 1 Car Attached Garage
  • Tile Flooring
  • Forced Air Heating and Cooling System
  • Walk-In Closet
  • Guest Parking
  • 3-minute walk to San Ysidro Park

About This Home

As of June 2017

Duplex back on the market and TFT'd by no fault of the property. Only 16 years old and fully rented with long time tenants. Front unit is a 1/1 and back unit is a 3/2 unit. Both properties have nice private backyard and 1 car attached garage. Air conditioning in both units.

Last Agent to Sell the Property

Clorete Almeida

Starritt Realtors License #01076746 Listed on: 01/26/2017

Last Buyer's Agent

Garlen Han

Elite Realty Services License #01126147

Property Details

Home Type

  • Multi-Family

Year Built

  • 2004

Lot Details

  • 6,447 Sq Ft Lot

Parking

  • 1 Car Attached Garage
  • Garage Door Opener
  • Guest Parking

Home Design

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

Interior Spaces

  • Walk-In Closet
  • 1,875 Sq Ft Home
  • 1-Story Property
  • Washer and Dryer Hookup

Kitchen

  • Oven or Range
  • Electric Cooktop
  • Range Hood
  • Dishwasher
  • Formica Countertops
  • Disposal

Flooring

  • Carpet
  • Tile

Utilities

  • Forced Air Heating and Cooling System
  • Vented Exhaust Fan

Listing and Financial Details

  • Total Actual Rent $41,040

Community Details

Overview

Building Details

  • 2 Leased Units
  • Gardener Expense $600
  • Insurance Expense $400
  • Maintenance Expense $500
  • Utility Expense $360
  • Operating Expense $7,752
  • Gross Income $41,040

Property Details

Home Type

Multi-Family

Year Built

2004

Lot Details

0

Parking

1

Listing Details

  • Zoning: R1
  • Subclass: Duplex
  • Listing Class: Residential Income (2-4 Units)
  • Structure Sq Ft: 1875
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 2004

Interior Features

  • Kitchen: Cooktop - Electric, Countertop - Formica, Dishwasher, Exhaust Fan, Garbage Disposal, Hood Over Range, Oven Range
  • Living Sq Ft: 1875
  • Stories: 1
  • Laundry: Hookups Only
  • Flooring: Carpet, Tile

Exterior Features

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

Garage/Parking

  • Garage Spaces: 1
  • Parking Spaces: 2
  • Garage Parking Features: Attached Garage, Gate / Door Opener, Guest / Visitor Parking

Utilities

  • Cooling System: Central Ac
  • Heating System: Central Forced Air - Gas
  • Sewer/Septic System: Sewer Connected

Association/Amenities

  • Amenities Miscellaneous: Walk-In Closet

Lot Info

  • Lot Acres: 0.1480
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 6464.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 6464.00

Rental Info

  • Existing Lease Term(s): Month To Month
  • Gross Rent Multiplier: 17.42
  • Number Of Leased: 2

Multi Family

  • Utilities: Public Utilities
  • Expense Insurance: 400
  • Expense Landscape: 600
  • Expense Maintenance: 500
  • Expenses Total: 7752
  • Expenses Utility: 360
  • Income Annual Gross: 41040.00
  • Income Annual Rental: 41040
  • Income Gross Scheduled: 41040
  • Income Includes: Rents
  • Meters: Master Water, Separate Electric, Separate Gas
  • Number Of Buildings: 1
  • Operating Expenses Include: Insurance, Loan - Mortgage, Maintenance, Services - Gardener
  • Tenant Expenses: Services - Sewer, Services - Trash Removal, Utilities - Electric, Utilities - Gas, Utilities - Heating, Utilities - Hot Water

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
06/07/2017 06/07/17 Sold $700,000 -2.1% $373 / Sq Ft
04/29/2017 04/29/17 Pending -- -- --
04/27/2017 04/27/17 For Sale $715,000 0.0% $381 / Sq Ft
04/20/2017 04/20/17 Pending -- -- --
01/26/2017 01/26/17 For Sale $715,000 -- $381 / Sq Ft
Source: MLSListings

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • C

    Seller's Agent in 2017

    Clorete Almeida

    Starritt Realtors

    Section Image

  • G

    Buyer's Agent in 2017

    Garlen Han

    Elite Realty Services

    Section Image
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Map

Source: MLSListings

MLS Number: ML81636813

MLSListings

APN: 841-53-069

California Santa Clara County Gilroy 95020

540 Lewis St, Gilroy, CA

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