Yolanda Zhang
Keller Williams Thrive
(669) 260-5603
40 Total Sales
2 in Milpitas
$1.1M - $1.2M Price Range
545 Penitencia St Milpitas, CA 95035
Milpitas Area
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
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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
Ownership History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Oct 10, 2025
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,039,000
Outstanding Balance
$1,031,342
Interest Rate
6.5%
Mortgage Type
New Conventional
Purchase Details
Listed on
Apr 3, 2023
Closed on
May 2, 2023
Sold by
Bought by
Seller's Agent
Chris Saiz
Compass
Buyer's Agent
Chris Saiz
Compass
List Price
$1,700,000
Sold Price
$1,635,000
Premium/Discount to List
-$65,000
-3.82%
Views
135
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,072,500
Interest Rate
6.42%
Mortgage Type
New Conventional
Purchase Details
Listed on
Apr 3, 2023
Closed on
Apr 25, 2023
Sold by
Bought by
Seller's Agent
Chris Saiz
Compass
Buyer's Agent
Chris Saiz
Compass
List Price
$1,700,000
Sold Price
$1,635,000
Premium/Discount to List
-$65,000
-3.82%
Views
135
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,072,500
Interest Rate
6.42%
Mortgage Type
New Conventional
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Milpitas, CA
-
Yolanda Zhang
-
Guillean Arradaza
Guillean Arradaza
Kinetic Real Estate
(628) 237-4641
123 Total Sales
1 in Milpitas
$1,345,000 Price
-
Jose Reyes
Jose Reyes
Elite Realty Services
(669) 221-8854
30 Total Sales
1 in Milpitas
$465,000 Price
-
Kamala Venkatesan
Kamala Venkatesan
Keller Williams Thrive
(650) 405-1884
57 Total Sales
7 in Milpitas
$1M - $1.6M Price Range
-
Sandra Zib
Sandra Zib
Master Brokers
(510) 588-5965
29 Total Sales
13 in Milpitas
$400K - $1.7M Price Range
-
Melissa Butler
Melissa Butler
(510) 698-8177
44 Total Sales
1 in Milpitas
$860,000 Price
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| $566,500 | None Listed On Document | ||
| -- | First American Title | ||
| $1,635,000 | First American Title |
Source: Public Records
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | $1,039,000 | ||
| Previous Owner | $1,050,000 | ||
| Previous Owner | $1,072,500 |
Source: Public Records
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 |
|---|---|---|---|---|
| 2026 | $19,832 | $1,740,047 | $1,074,136 | $665,911 |
| 2025 | $19,832 | $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
-
C
Seller's Agent in 2023
Chris Saiz
Compass
Map
Source: MLSListings
MLS Number: ML81923466
APN: 022-09-043
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