$790,000
SOLD FEB 1, 2013
8 Beds
-- Bath
3,134 Sq Ft
6,970 Sq Ft Lot

Recently Sold

$252 Per Sq Ft

2% Below List Price

101 Days on Market

About This Home

As of October 2021

Great Investment in Almaden area. Close to lots of major shopping: Costco; Whole Foods; Oakridge Mall; Theaters, Macys, Target, Sears and Nordstroms. Great freeway access to 87 and 85. All 2 bedroom units, New double water heaters; Laundry Machines in place; Private Garages and Long term tenants.

Last Agent to Sell the Property

Bill White

Wedgewood Properties Inc. License #01370567 Listed on: 07/14/2012

Last Buyer's Agent

rigo Bracamontes

Intero R E Services License #00821924

Property Details

Home Type

  • Multi-Family

Year Built

  • 1962

Parking

  • Private Parking

Home Design

  • Quadruplex
  • Tar and Gravel Roof
  • Composition Roof

Interior Spaces

  • 3,134 Sq Ft Home
  • 2-Story Property
  • Oven or Range

Utilities

  • Wall Furnace
  • Sewer Within 50 Feet

Listing and Financial Details

  • Total Actual Rent $61,137
  • The owner pays for electric, garbage, services - gardener/landscaping, gas, hot water, water

Community Details

Building Details

  • Gardener Expense $600
  • Insurance Expense $1,420
  • Maintenance Expense $200
  • Other Expense $200
  • Utility Expense $1,097
  • Trash Expense $1,000
  • Operating Expense $14,318
  • Gross Income $60,030

Additional Features

  • 3,134 Sq Ft Building
  • Laundry Facilities

Property Details

Home Type

Multi-Family

Year Built

1962

Lot Details

0

Listing Details

  • Zoning: RM
  • Subclass: Fourplex
  • Age: 51
  • Inspections Reports: Fault Zone, Geological/Flood, Pest Control, Flood Zone
  • Sale Price Per Sq Ft: 252.07
  • Listing Class: Residential Income (2-4 Units)
  • Max Numberof Unitsin Complex: 4
  • Min Numberof Unitsin Complex: 4
  • Structure Sq Ft: 3134
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1962

Interior Features

  • Kitchen: Oven Range, Refrigerator
  • Living Sq Ft: 3134
  • Stories: 2
  • Laundry: Washer/Dryer - Owned, Community Facility

Exterior Features

  • Roof: Tar And Gravel, Composition

Garage/Parking

  • Garage Parking Features: Private / Exclusive

Utilities

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

Schools

  • School District: San Jose Unified
  • High School: Pioneer High
  • High School: 348

Lot Info

  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 7405.00
  • Lot Size Area Maximum Units: Square Feet
  • Lot Size Area Max Search: 7405.00
  • Lot Size Area Min Search: 7405.00
  • Maximum Lot Size: 7405.00

Rental Info

  • Existing Lease Term(s): Month To Month
  • Gross Rent Multiplier: 13.01

Multi Family

  • Expense Insurance: 1420
  • Expense Landscape: 600
  • Expense Maintenance: 200
  • Expenses Other: 200
  • Expenses Total: 14318
  • Expenses Utility: 1097
  • Expense Trash: 1000
  • Expense Water Sewer: 3000
  • Income Annual Gross: 60030.00
  • Income Annual Rental: 61137
  • Income Gross Scheduled: 61887
  • Income Includes: Laundry, Lease
  • Income Laundry: 750
  • Maximum Building Height: 2
  • Meters: Separate Gas, Master Electric, Master Gas, Master Water
  • Minimum Building Height: 2
  • Number Of Buildings: 1
  • Operating Expenses Include: Utilities - Electric, Services - Trash Removal, Services - Gardener, Utilities - Gas, Utilities - Hot Water, Utilities - Water, Insurance, Fee - License/Advertising, Maintenance - Repair, Fee - Property Tax, Services - Sewer, Vacancy Factor
  • Owner Pays: Electric, Garbage, Services - Gardener/Landscaping, Gas, Hot Water, Water
  • Tenant Expenses: Utilities - Gas, Utilities - Heating, Cable Tv, Utilities - Electric
  • Vacancy Amount: 1857
  • 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 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: ML81226409

MLSListings

APN: 567-49-023