$1,700,000
SOLD OCT 20, 2021

5608 Hoffman Ct San Jose, CA 95118

Almaden Neighborhood
8 Beds
4 Baths
3,134 Sq Ft
7,288 Sq Ft Lot

Recently Sold

$542 Per Sq Ft

6% Above List Price

17 Days on Market

About This Home

As of October 2021

This (4) Unit multifamily apartment complex, consists of a great unit mix of (4) 2 bedroom, 1 bathroom Units. 5608 Hoffman Ct is located less than eight miles from Downtown San Jose, home to San Jose State University know for it school of Business and Engineering. Along with San Jose State University the property is close to Almaden Plaza and the Almaden Ranch Marketplace. The property is also located right off Highway 85, making access simple and convenient. 5608 Hoffman Ct has 2 renovated units and provides each tenant with assigned parking spaces, and an on-site washer/dryer unit. Two of the units have been renovated with new laminated floors, new ceiling fans, updated bathrooms, a fresh coat of paint, and new windows. Property is part of a portfolio. It can be bought individually or as a portfolio.

Last Agent to Sell the Property

Dusty Blackman

Compass License #01999734 Listed on: 06/24/2021

Compass

Co-Listed By

Jodene Collings Hayes

Compass License #01962093

Last Buyer's Agent

Tony Sum

Upswing Real Estate License #01731561

Property Details

Home Type

  • Multi-Family

Year Built

  • 1962

Lot Details

  • 7,288 Sq Ft Lot

Parking

  • 4 Car Garage
  • 4 Carport Spaces
  • On-Street Parking
  • Assigned Parking

Home Design

  • Quadruplex
  • Flat Roof Shape
  • Wood Shingle Roof

Interior Spaces

  • 3,134 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Crawl Space

Utilities

  • Wall Furnace
  • Separate Meters
  • Individual Gas Meter
  • Private Sewer

Listing and Financial Details

  • Total Actual Rent $101,592
  • Month-to-Month Lease Term

Community Details

Overview

Building Details

  • 4 Leased Units
  • Insurance Expense $1,598
  • Maintenance Expense $1,200
  • Other Expense $324
  • Utility Expense $8,332
  • Trash Expense $1,417
  • Operating Expense $31,479
  • Gross Income $98,544

Property Details

Home Type

Multi-Family

Year Built

1962

Lot Details

0

Parking

4

Listing Details

  • Zoning: RM
  • Subclass: Fourplex
  • Age: 59
  • Listing Class: Residential Income (2-4 Units)
  • Structure Sq Ft: 3134
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1962

Interior Features

  • Living Sq Ft: 3134
  • Stories: 2

Exterior Features

  • Foundation: Crawl Space
  • Roof: Flat / Low Pitch, Wood Shakes / Shingles

Garage/Parking

  • Garage Spaces: 4
  • Garage Parking Features: Assigned Spaces, Attached Garage, On Street
  • Carport Min: 4

Utilities

  • Cooling System: Ceiling Fan
  • Heating System: Wall Furnace
  • Sewer/Septic System: Sewer - Private

Schools

  • School District: San Jose Unified

Lot Info

  • 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): 1 Year Lease, Month To Month
  • Gross Rent Multiplier: 15.74
  • Number Of Leased: 4

Multi Family

  • Utilities: Individual Electric Meters, Individual Gas Meters
  • Expense Insurance: 1598
  • Expense Maintenance: 1200
  • Expenses Other: 324
  • Expenses Total: 31479
  • Expenses Utility: 8332
  • Expense Trash: 1417
  • Income Annual Gross: 98544.00
  • Income Annual Rental: 101592
  • Income Gross Scheduled: 101592
  • Income Includes: Rents
  • Meters: Master Water, Separate Common Area, Separate Electric, Separate Gas
  • Number Of Buildings: 1
  • Operating Expenses Include: Fee - Property Tax, Insurance, Maintenance, Services - Sewer, Services - Trash Removal, Utilities - Electric, Utilities - Gas, Utilities - Water
  • Tenant Expenses: Rent Only, Utilities - Electric, Utilities - Gas
  • Vacancy Factor: 3

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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

  • D

    Seller's Agent in 2021

    Dusty Blackman

    Compass

    (253) 797-7126

    3 in this area

    84 Total Sales

    Section Image
  • Jodene Collings Hayes

    Seller Co-Listing Agent in 2021

    Jodene Collings Hayes

    Compass

    (425) 238-3898

    3 in this area

    90 Total Sales

    Section Image
  • Tony Sum

    Buyer's Agent in 2021

    Tony Sum

    Upswing Real Estate

    (408) 891-8289

    1 in this area

    75 Total Sales

    Section Image
  • rigo Bracamontes

    Seller's Agent in 2018

    rigo Bracamontes

    Intero R E Services

    (408) 937-2330

    107 Total Sales

    Section Image

  • B

    Seller's Agent in 2013

    Bill White

    Wedgewood Properties Inc.

    (408) 393-8154

    5 Total Sales

    Section Image
See All Agents

Map

Source: MLSListings

MLS Number: ML81850608

MLSListings

APN: 567-49-023

California Santa Clara County San Jose 95118 Almaden

5608 Hoffman Ct, San Jose, CA

This home is located at 5608 Hoffman Ct, San Jose, CA 95118 and is currently priced at $1,700,000, approximately $542 per square foot. This property was built in 1962. 5608 Hoffman Ct is a home located in Santa Clara County with nearby schools including Los Alamitos Elementary School, Castillero Middle School, and Pioneer High School.

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