$1,380,000
SOLD NOV 30, 2018
8 Beds
4 Baths
3,134 Sq Ft
7,288 Sq Ft Lot

Recently Sold

$440 Per Sq Ft

5% Below List Price

59 Days on Market

Highlights

  • Laundry Room
  • Tile Flooring
  • Washer and Dryer
  • Los Alamitos Elementary School Rated A-
  • Coin Laundry
  • Paved or Partially Paved Lot

About This Home

As of October 2021

Great Fourplex in the blossom Valley, Well Maintain building with long term tenants.

Last Agent to Sell the Property

rigo Bracamontes

Intero R E Services License #01780993 Listed on: 08/28/2018

Last Buyer's Agent

rigo Bracamontes

Intero R E Services License #01780993 Listed on: 08/28/2018

Property Details

Home Type

  • Multi-Family

Year Built

  • 1962

Lot Details

  • 7,288 Sq Ft Lot
  • Paved or Partially Paved Lot
  • Level Lot

Parking

  • 4 Car Garage
  • Off-Street Parking
  • Assigned Parking

Home Design

  • Quadruplex
  • Wood Frame Construction
  • Shingle Roof
  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 3,134 Sq Ft Home
  • 2-Story Property

Flooring

  • Laminate
  • Tile
  • Vinyl

Laundry

  • Laundry Room
  • Washer and Dryer

Utilities

  • Cooling System Mounted To A Wall/Window
  • Wall Furnace
  • 220 Volts

Listing and Financial Details

  • Total Actual Rent $76,581

Community Details

Overview

Amenities

  • Coin Laundry

Building Details

  • 4 Leased Units
  • Gardener Expense $1,440
  • Insurance Expense $2,400
  • Maintenance Expense $2,000
  • Utility Expense $4,800
  • Trash Expense $1,800
  • Operating Expense $24,179
  • Gross Income $75,049

Property Details

Home Type

Multi-Family

Year Built

1962

Lot Details

0

Parking

4

Listing Details

  • Zoning: RM
  • 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: 220 Volt Outlet
  • Living Sq Ft: 3134
  • Stories: 2
  • Laundry: Coin Operated, Washer / Dryer
  • Flooring: Laminate, Tile, Vinyl / Linoleum
  • Additional Rooms: Laundry Room

Exterior Features

  • Foundation: Concrete Perimeter
  • Roof: Composition, Shingle
  • Construction Type: Wood Frame

Garage/Parking

  • Garage Spaces: 4
  • Parking Spaces: 4
  • Garage Parking Features: Assigned Spaces, Attached Garage, Off-Street Parking, Parking Restrictions

Utilities

  • Cooling System: Window / Wall Unit
  • Heating System: Wall Furnace
  • Sewer/Septic System: Sewer - Public

Schools

  • School District: San Jose Unified

Lot Info

  • Lot Description: Grade - Level, Paved
  • Lot Acres: 0.1673
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 7286.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 7286.00

Rental Info

  • Existing Lease Term(s): Month To Month
  • Gross Rent Multiplier: 19.05
  • Number Of Leased: 4

Multi Family

  • Utilities: Public Utilities
  • Expense Insurance: 2400
  • Expense Landscape: 1440
  • Expense Maintenance: 2000
  • Expenses Total: 24179
  • Expenses Utility: 4800
  • Expense Trash: 1800
  • Income Annual Gross: 75049.00
  • Income Annual Rental: 76581
  • Income Gross Scheduled: 76581
  • Income Includes: Rents
  • Meters: Master Water, Separate Electric, Separate Gas
  • Number Of Buildings: 1
  • Operating Expenses Include: Fee - License/Advertising, Fee - Property Tax, Insurance, Maintenance - Repair, Services - Gardener, Utilities - Hot Water, Utilities - Water
  • Tenant Expenses: Utilities - Electric, Utilities - Gas
  • Vacancy Factor: 2

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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 Change Sq Ft Price
10/20/2021 10/20/21 Sold $1,700,000 +6.3% $542 / Sq Ft
07/12/2021 07/12/21 Pending -- -- --
06/24/2021 06/24/21 Price Changed $1,599,000 -0.1% $510 / Sq Ft
06/24/2021 06/24/21 For Sale $1,600,000 +15.9% $511 / Sq Ft
11/30/2018 11/30/18 Sold $1,380,000 -5.4% $440 / Sq Ft
10/27/2018 10/27/18 Pending -- -- --
08/28/2018 08/28/18 For Sale $1,459,000 +84.7% $466 / Sq Ft
02/01/2013 02/01/13 Sold $790,000 -1.9% $252 / Sq Ft
10/23/2012 10/23/12 Pending -- -- --
07/14/2012 07/14/12 For Sale $805,000 -- $257 / 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: ML81720780

MLSListings

APN: 567-49-023