NOT LISTED FOR SALE

549 N Abel St Milpitas, CA 95035

8 Beds
-- Bath
2,992 Sq Ft
8,712 Sq Ft Lot

Last Sold November 30, 2012

Last sale price $766,350 $256 Per Sq Ft

63 Days on Market

About This Home

As of November 2012

This is a great investment opportunity! All 2 bedroom 1 bath units, located In a good area close to shops, restaurants and schools. Easy access to Hwy 680 and 237.

Last Agent to Sell the Property

Mike Strouf

Intero Real Estate Services License #01253585 Listed on: 08/11/2012

Intero Real Estate Services

Last Buyer's Agent

Alice Wu

A-1 Realty USA License #01362971

Property Details

Home Type

  • Multi-Family

Year Built

  • 1962

Lot Details

  • 8,712

Parking

  • Carport

Home Design

  • Quadruplex
  • Composition Roof

Interior Spaces

  • 2,992 Sq Ft Home
  • 2-Story Property
  • Oven or Range

Flooring

  • Wall to Wall Carpet
  • Vinyl

Utilities

  • Wall Furnace

Listing and Financial Details

  • Total Actual Rent $57,600
  • The owner pays for garbage, gas, water
  • Month-to-Month Lease Term

Community Details

Overview

  • 2,992 Sq Ft Building

Building Details

  • Insurance Expense $2,300
  • Maintenance Expense $1,100
  • Utility Expense $1,200
  • Trash Expense $1,700
  • Operating Expense $21,004
  • Gross Income $52,704

Property Details

Home Type

Multi-Family

Year Built

1962

Lot Details

0

Listing Details

  • Zoning: R3S
  • Subclass: Fourplex
  • Inspections Reports: Fault Zone, Geological/Flood, Flood Zone
  • Sale Price Per Sq Ft: 256.13
  • Listing Class: Residential Income (2-4 Units)
  • Max Numberof Unitsin Complex: 4
  • Min Numberof Unitsin Complex: 4
  • Structure Sq Ft: 2992
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1962

Interior Features

  • Kitchen: Oven Range, Refrigerator
  • Living Sq Ft: 2992
  • Stories: 2
  • Laundry: Washer/Dryer - Owned Coin-Op
  • Flooring: Carpet - Wall To Wall, Vinyl / Linoleum

Exterior Features

  • Roof: Composition

Garage/Parking

  • Garage Parking Features: Carport, Spaces Per Unit - 1

Utilities

  • Heating System: Wall Furnace

Lot Info

  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 8750.00
  • Lot Size Area Maximum Units: Square Feet
  • Lot Size Area Max Search: 8750.00
  • Lot Size Area Min Search: 8750.00
  • Maximum Lot Size: 8750.00

Rental Info

  • Existing Lease Term(s): Month To Month, Less Than 1 Yr, 1 Year Lease
  • Gross Rent Multiplier: 13.47

Multi Family

  • Expense Insurance: 2300
  • Expense Maintenance: 1100
  • Expenses Total: 21004
  • Expenses Utility: 1200
  • Expense Trash: 1700
  • Expense Water Sewer: 3000
  • Income Annual Gross: 52704.00
  • Income Annual Rental: 57600
  • Income Gross Scheduled: 58560
  • Income Includes: Lease
  • Income Laundry: 960
  • Maximum Building Height: 2
  • Meters: Separate Electric
  • Minimum Building Height: 2
  • Number Of Buildings: 1
  • Operating Expenses Include: Services - Trash Removal, Utilities - Gas, Utilities - Water, Insurance, Maintenance - Repair, Fee - Property Tax
  • Owner Pays: Garbage, Gas, Water
  • Tenant Expenses: Utilities - Electric
  • Vacancy Amount: 5856
  • Vacancy Factor: 10

Range of Values:

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Sold Price
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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
11/30/2012 11/30/12 Sold $766,350 -2.9% $256 / Sq Ft
10/13/2012 10/13/12 Pending -- -- --
08/11/2012 08/11/12 For Sale $789,000 -- $264 / Sq Ft
Source: MLSListings

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2012

    Mike Strouf

    Intero Real Estate Services

    Section Image
  • Alice Wu

    Buyer's Agent in 2012

    Alice Wu

    A-1 Realty USA

    (408) 839-0773

    1 Total Sale

    Alice Wu
    Section Image
See All Agents

Map

Source: MLSListings

MLS Number: ML81230126

MLSListings

APN: 022-09-028

California Santa Clara County Milpitas 95035

549 N Abel St, Milpitas, CA

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