NOT LISTED FOR SALE
8 Beds
4 Baths
3,134 Sq Ft
5,850 Sq Ft Lot

Last Sold December 28, 2018

Last sale price $1,250,000 $399 Per Sq Ft

7 Days on Market

Highlights

  • Balcony
  • 4 Car Attached Garage
  • Tile Countertops
  • Los Alamitos Elementary School Rated A-
  • Double Pane Windows
  • Laundry Room

About This Home

As of December 2018

Great opportunity to own an incredible investment property with huge upside potential!! Close proximity to all local amenities, including Oakridge, Whole Foods and much more. Enclosed garages, laundry onsite, large communal deck above garage. Dual pane windows. Great rental history.

Last Agent to Sell the Property

Mark Von Kaenel

KW Bay Area Estates License #01189869 Listed on: 11/20/2018

KW Bay Area Estates

Last Buyer's Agent

Chloe Leinwand

Keller Williams Realty-Silicon Valley License #01826264

Keller Williams Realty-Silicon Valley

Property Details

Home Type

  • Multi-Family

Year Built

  • 1962

Lot Details

  • 5,850

Parking

  • 4 Car Attached Garage

Home Design

  • Quadruplex
  • Wood Frame Construction
  • Tile Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 3,134 Sq Ft Home
  • 2-Story Property
  • Double Pane Windows
  • Laundry Room

Kitchen

  • Electric Oven
  • Tile Countertops

Flooring

  • Carpet
  • Vinyl

Additional Features

  • Balcony
  • 5,850 Sq Ft Lot
  • Wall Furnace

Listing and Financial Details

  • Total Actual Rent $73,560

Community Details

Overview

Amenities

  • Coin Laundry

Building Details

  • 4 Leased Units
  • Gardener Expense $600
  • Insurance Expense $1,839
  • Maintenance Expense $1,500
  • Utility Expense $8,500
  • Trash Expense $1,800
  • Operating Expense $30,476
  • Gross Income $71,353

Property Details

Home Type

Multi-Family

Year Built

1962

Lot Details

0

Parking

4

Listing Details

  • Zoning: SJ
  • Subclass: Fourplex
  • Age: 56
  • Listing Class: Residential Income (2-4 Units)
  • Structure Sq Ft: 3134
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1962

Interior Features

  • Kitchen: Countertop - Tile, Oven - Electric, Refrigerator
  • Living Sq Ft: 3134
  • Stories: 2
  • Laundry: Coin Operated
  • Flooring: Carpet, Vinyl / Linoleum
  • Additional Rooms: Laundry Room

Exterior Features

  • Foundation: Concrete Perimeter And Slab
  • Roof: Tile
  • Yard/Grounds: Balcony / Patio
  • Construction Type: Wood Frame

Garage/Parking

  • Garage Spaces: 4
  • Garage Parking Features: Attached Garage

Utilities

  • Heating System: Wall Furnace
  • Sewer/Septic System: Sewer - Public

Schools

  • School District: San Jose Unified

Lot Info

  • Lot Acres: 0.1343
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 5850.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 5850.00

Green Features

  • Energy Features: Double Pane Windows

Rental Info

  • Existing Lease Term(s): Month To Month, Security Deposit
  • Gross Rent Multiplier: 17.66
  • Number Of Leased: 4

Multi Family

  • Utilities: Public Utilities
  • Expense Insurance: 1839
  • Expense Landscape: 600
  • Expense Maintenance: 1500
  • Expenses Total: 30476
  • Expenses Utility: 8500
  • Expense Trash: 1800
  • Income Annual Gross: 71353.00
  • Income Annual Rental: 73560
  • Income Gross Scheduled: 73560
  • Income Includes: Laundry, Rents
  • Meters: Separate Electric
  • Number Of Buildings: 1
  • Operating Expenses Include: Utilities - Water
  • Tenant Expenses: Utilities - Electric, Utilities - Gas, Utilities - Heating
  • Vacancy Factor: 3

Range of Values:

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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
12/28/2018 12/28/18 Sold $1,250,000 -3.8% $399 / Sq Ft
11/28/2018 11/28/18 Pending -- -- --
11/20/2018 11/20/18 For Sale $1,299,000 -- $414 / 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: ML81731723

MLSListings

APN: 567-49-049