C
Seller's Agent in 2023
Chris Saiz
Compass
545 Penitencia St Milpitas, CA 95035
8
Beds
4
Baths
3,699
Sq Ft
8,760
Sq Ft Lot
About This Home
As of May 2023The Saiz Group of Compass Commercial is pleased to present 545 Penitencia Street for sale. The subject property presents the opportunity to acquire a value-add multi-family asset within one of Silicon Valley's most desirable cities, Milpitas. Through facade and unit renovations, rents and net operating income can be improved leading to solid equity growth and long term capital preservation. Milpitas' excellent Silicon Valley location, strong long-term economic fundamentals, great schools and quality of life all point too long term demand for Milpitas as a place to call home. With the median household income estimated at $149,312 [1] and the median gross rent of $2,762 [1], 545 Penitencia Street offers an outstanding investment opportunity. [1] https://www.census.gov/quickfacts/milpitascitycalifornia
Last Agent to Sell the Property
Chris Saiz
Compass License #01850380 Listed on: 04/03/2023
Property Details
Home Type
- Multi-Family
Year Built
- 1972
Lot Details
- 8,760 Sq Ft Lot
Home Design
- Quadruplex
- Shingle Roof
Interior Spaces
- 3,699 Sq Ft Home
- 2-Story Property
- Crawl Space
Parking
- 2 Parking Spaces
- 4 Carport Spaces
Utilities
- Wall Furnace
- Separate Meters
- Individual Gas Meter
Listing and Financial Details
Community Details
Overview
Building Details
- 4 Leased Units
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 05/05/2023 05/05/23 | Sold | $1,635,000 | -3.8% | $442 / Sq Ft |
| 04/13/2023 04/13/23 | Pending | -- | -- | -- |
| 04/03/2023 04/03/23 | For Sale | $1,700,000 | -- | $460 / Sq Ft |
Source: MLSListings
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $19,392 | $1,701,054 | $1,040,400 | $660,654 |
| 2024 | $19,392 | $1,667,700 | $1,020,000 | $647,700 |
| 2023 | $2,280 | $167,375 | $37,717 | $129,658 |
| 2022 | $2,274 | $164,094 | $36,978 | $127,116 |
| 2021 | $2,243 | $160,877 | $36,253 | $124,624 |
| 2020 | $2,206 | $159,229 | $35,882 | $123,347 |
| 2019 | $2,185 | $156,108 | $35,179 | $120,929 |
| 2018 | $2,087 | $153,048 | $34,490 | $118,558 |
| 2017 | $2,062 | $150,048 | $33,814 | $116,234 |
| 2016 | $1,979 | $147,106 | $33,151 | $113,955 |
| 2015 | $1,960 | $144,898 | $32,654 | $112,244 |
| 2014 | $1,896 | $142,061 | $32,015 | $110,046 |
Source: Public Records
Agents Affiliated with this Home
Map
Source: MLSListings
MLS Number: ML81923466
APN: 022-09-043
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
Property Information © 2026 MLSListings Inc. All rights reserved. Listing information is deemed reliable but not guaranteed. Certain information contained herein is derived from information which is the licensed property of, and copyrighted by, MLSListings Inc. The viewer acknowledges ownership and validity of its copyright. Information provided is for personal, non-commercial use by a viewer with a bona fide interest in the purchase or sale of real estate of the type being offered via this website or other electronic means. The viewer is prohibited from copying, redistributing or retransmitting any of the data or information provided by MLSListing, Inc.
Nearby Homes
- 175 Barker St
- 7280 Marylinn Dr
- 0 Railroad Ave
- 527 Maple Ave
- 50 Serra Way
- 650 Folsom Cir
- 1087 N Abbott Ave
- 853 Erie Cir
- 295 Rio Verde Place Unit 4
- 785 Aaron Park Dr
- 690 Claridad Loop Unit 11E
- 969 Mente Linda Loop Unit 6G
- Sana Plan at
- Myra Plan at
- Sana Elite Plan at
- 648 S Main St
- 658 S Main St
- 646 S Main St
- 700 S Abel St Unit 411
- 1357 California Cir
- 555 Penitencia St
- 535 Penitencia St Unit 2
- 567 Penitencia St
- 523 Penitencia St
- 576 Penitencia St
- 249 Norwich Ave
- 528 Penitencia Ct
- 237 Norwich Ave
- 577 Penitencia St
- 513 Penitencia St
- 259 Norwich Ave
- 235 Norwich Ave
- 518 Penitencia St
- 269 Norwich Ave
- 564 Penitencia Ct
- 231 Norwich Ave
- 503 Penitencia St
- 290 Marylinn Dr
- 589 Penitencia St
- 279 Norwich Ave