NOT LISTED FOR SALE
5 Beds
3 Baths
1,970 Sq Ft
8,708 Sq Ft Lot

Last Sold August 11, 2021

Last sale price $1,388,000 $705 Per Sq Ft

9 Days on Market

Highlights

  • 2 Car Detached Garage
  • Forced Air Heating System
  • 1-Story Property
  • Pioneer High School Rated A-
  • Level Lot

About This Home

As of August 2021

Fantastic duplex in an outstanding location. Great investment property or opportunity to live in one unit while you rent out the other and reduce your mortgage payments by A LOT! This duplex has outstanding curb appeal and an ideal unit mix for an investor or owner user. The smaller unit (front) has two bedrooms and one bath. It also has an attached one car garage and enclosed patio. The owners unit (rear) has three bedrooms and two full baths. The owners unit also has a very large, fenced, private backyard and one car garage. Property is very well maintained. Dual pane windows. Tile roof. Centrally located near Almaden Plaza (Costco, Trader Joes, Five Guys) and has great access to Hwy 85. Close to Westfield Oakridge Shopping Mall. Whole Foods Grocery is just across the street. Short drive to Downtown San Jose, Los Gatos, Campbell, Almaden Quicksilver County Park. Duplex is in San Jose Unified School District which makes this an excellent home for people with school age children.

Last Agent to Sell the Property

Brian Bernasconi

Christie's International Real Estate Sereno License #01363508 Listed on: 07/07/2021

Christie's International Real Estate Sereno

Co-Listed By

Daniel Rubnitz

Christie's International Real Estate Sereno License #01015666

Last Buyer's Agent

Chami Kang

Compass License #02033439

Compass

Property Details

Home Type

  • Multi-Family

Year Built

  • 1964

Lot Details

  • 8,708 Sq Ft Lot
  • Level Lot

Parking

  • 2 Car Detached Garage
  • On-Street Parking
  • Off-Street Parking

Home Design

  • Duplex
  • Slab Foundation
  • Tile Roof
  • Metal Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,970 Sq Ft Home
  • 1-Story Property

Utilities

  • Forced Air Heating System
  • Separate Meters
  • Individual Gas Meter

Listing and Financial Details

  • Total Actual Rent $63,000

Community Details

Overview

Building Details

  • 2 Leased Units
  • Gardener Expense $1,800
  • Insurance Expense $1,200
  • Maintenance Expense $800
  • Manager Expense $5,120
  • Operating Expense $18,996
  • Gross Income $63,998

Property Details

Home Type

Multi-Family

Year Built

1964

Lot Details

0

Parking

2

Listing Details

  • Zoning: R2
  • Subclass: Duplex
  • Style: Ranch
  • Age: 57
  • Listing Class: Residential Income (2-4 Units)
  • Structure Sq Ft: 1970
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1964

Interior Features

  • Living Sq Ft: 1970
  • Stories: 1

Exterior Features

  • Foundation: Concrete Perimeter, Concrete Slab
  • Roof: Metal, Tile

Garage/Parking

  • Garage Spaces: 2
  • Parking Spaces: 2
  • Garage Parking Features: Attached Garage, Detached Garage, Off-Street Parking, On Street

Utilities

  • Heating System: Central Forced Air
  • Sewer/Septic System: Sewer - Public

Schools

  • School District: San Jose Unified
  • Elementary School: Almaden Elementary
  • Middle School: Castillero Middle
  • High School: Pioneer High
  • High School: 348
  • Elementary School: 356
  • Middle School: 338

Lot Info

  • Lot Description: Grade - Level
  • Lot Acres: 0.1999
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 8708.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 8708.00

Rental Info

  • Existing Lease Term(s): Lease Agreement - Written, Lease(s), Less Than 1 Yr, Security Deposit
  • Gross Rent Multiplier: 21.86
  • Number Of Leased: 2

Multi Family

  • Utilities: Individual Electric Meters, Individual Gas Meters, Public Utilities
  • Expense Insurance: 1200
  • Expense Landscape: 1800
  • Expense Maintenance: 800
  • Expense Management: 5120
  • Expenses Total: 18996
  • Income Annual Gross: 63998.00
  • Income Annual Rental: 63000
  • Income Gross Scheduled: 63998
  • Income Includes: Rents
  • Income Other: 998
  • Meters: Separate Electric, Separate Gas
  • Number Of Buildings: 1
  • Operating Expenses Include: Depreciation, Fee - License/Advertising, Fee - Property Management, Fee - Property Tax, Loan - Principle & Interest, Maintenance - Repair
  • Tenant Expenses: Utilities - Electric, Utilities - Gas, Utilities - Water

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 Change Sq Ft Price
08/11/2021 08/11/21 Sold $1,388,000 -0.8% $705 / Sq Ft
07/17/2021 07/17/21 Pending -- -- --
07/07/2021 07/07/21 For Sale $1,399,000 -- $710 / Sq Ft
Source: MLSListings

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81852295

MLSListings

APN: 569-03-003