NOT LISTED FOR SALE
6 Beds
5 Baths
2,712 Sq Ft
9,148 Sq Ft Lot Lot

Sale Details

Date Sold: March 28, 2012

Last sale price $540,000 $199 Per Sq Ft

6 Days on Market

Highlights

  • Neighborhood Views
  • Guest Parking
  • Laundry Facilities
  • Tile Flooring
  • Floor Furnace
  • Level Lot

About This Home

As of March 2012

Great opportunity to own an income producing property! The "owners" unit has 3 bedrooms and 3 bathrooms. This is an excellent opportunity to live on the property and have monthly rental income from the other 2 units. Close to San Jose's Japan Town, easy access to Light Rail and freeways, and close to downtown too!

Last Agent to Sell the Property

Quincy Virgilio

Keller Williams Realty-Silicon Valley License #01191797 Listed on: 02/10/2012

Keller Williams Realty-Silicon Valley

Last Buyer's Agent

Quincy Virgilio

Keller Williams Realty-Silicon Valley License #01191797 Listed on: 02/10/2012

Keller Williams Realty-Silicon Valley

Property Details

Home Type

  • Multi-Family

Year Built

  • 1977

Lot Details

  • Level Lot

Home Design

  • Triplex
  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 2,712 Sq Ft Home
  • Neighborhood Views
  • Oven or Range

Flooring

  • Wall to Wall Carpet
  • Tile
  • Vinyl

Parking

  • Covered Parking
  • Guest Parking

Utilities

  • Floor Furnace
  • Wall Furnace
  • Sewer Within 50 Feet

Listing and Financial Details

  • Total Actual Rent $23,700
  • The owner pays for electric, garbage, services - gardener/landscaping, gas, water

Community Details

Overview

  • 3 Units
  • 2,712 Sq Ft Building

Amenities

  • Laundry Facilities

Building Details

  • Gardener Expense $750
  • Insurance Expense $1,500
  • Maintenance Expense $1,500
  • Utility Expense $3,000
  • Trash Expense $750
  • Operating Expense $9,883
  • Gross Income $23,700

Property Details

Home Type

Multi-Family

Year Built

1977

Lot Details

9,148 Sq Ft Lot

Listing Details

  • Zoning: C3
  • Subclass: Triplex
  • Inspections Reports: Fault Zone, Flood Zone
  • Sale Price Per Sq Ft: 199.12
  • Listing Class: Residential Income (2-4 Units)
  • Max Numberof Unitsin Complex: 3
  • Min Numberof Unitsin Complex: 3
  • Structure Sq Ft: 2712
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1977

Interior Features

  • Kitchen: Oven Range
  • Living Sq Ft: 2712
  • Laundry: 220 Volt Outlet, Washer/Dryer - Owned, Community Facility
  • Flooring: Tile, Carpet - Wall To Wall, Vinyl / Linoleum, Carpet

Exterior Features

  • Foundation: Concrete Perimeter
  • Roof: Composition
  • View: Local/Neighborhood

Garage/Parking

  • Garage Parking Features: Common Parking Area, Guest / Visitor Parking

Utilities

  • Heating System: Wall Furnace, Floor Furnace
  • Sewer/Septic System: Sewer In Street, Sewer Connected

Lot Info

  • Lot Description: Grade - Level
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 9147.00
  • Lot Size Area Maximum Units: Square Feet
  • Lot Size Area Max Search: 9147.00
  • Lot Size Area Min Search: 9147.00
  • Maximum Lot Size: 9147.00

Rental Info

  • Existing Lease Term(s): Month To Month
  • Gross Rent Multiplier: 25.32

Multi Family

  • Expense Insurance: 1500
  • Expense Landscape: 750
  • Expense Maintenance: 1500
  • Expenses Total: 9883
  • Expenses Utility: 3000
  • Expense Trash: 750
  • Expense Water Sewer: 800
  • Income Annual Gross: 23700.00
  • Income Annual Rental: 23700
  • Income Gross Scheduled: 23700
  • Income Includes: Lease
  • Meters: Master Electric, Master Gas, Master Water
  • Number Of Buildings: 2
  • Operating Expenses Include: Utilities - Electric, Services - Trash Removal, Services - Gardener, Utilities - Gas, Utilities - Water
  • Owner Pays: Electric, Garbage, Services - Gardener/Landscaping, Gas, Water
  • Tenant Expenses: Cable Tv
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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
03/28/2012 03/28/12 Sold $540,000 -10.0% $199 / Sq Ft
02/16/2012 02/16/12 Pending -- -- --
02/10/2012 02/10/12 For Sale $599,999 -- $221 / 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 $12,734 $678,257 $376,811 $301,446
2024 $12,734 $664,959 $369,423 $295,536
2023 $12,402 $651,922 $362,180 $289,742
2022 $12,194 $639,140 $355,079 $284,061
2021 $11,751 $626,609 $348,117 $278,492
2020 $11,138 $620,185 $344,548 $275,637
2019 $9,453 $608,026 $337,793 $270,233
2018 $9,315 $596,105 $331,170 $264,935
2017 $9,216 $584,418 $324,677 $259,741
2016 $9,008 $572,960 $318,311 $254,649
2015 $8,944 $564,354 $313,530 $250,824
2014 -- $553,300 $307,389 $245,911
Source: Public Records

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Map

Source: MLSListings

MLS Number: ML81205239

MLSListings
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