Seller's Agent in 2024
Ray Rodriguez
Compass
(626) 483-5136
3 in this area
91 Total Sales
5644 Hoffman Ct San Jose, CA 95118
Almaden Lake Neighborhood
8
Beds
4
Baths
3,216
Sq Ft
7,841
Sq Ft Lot Lot
About This Home
As of May 20245644 Hoffman Ct is a 4-unit two-story building consisting of (4) 2 bed 1 bath units. The property is fully rented to long term tenants, this property has had very low vacancy for over 10+ years professionally managed and maintained by a property management company. The location is a strong rental market with high demand in the area. The property is less than one block away from Almaden Plaza and Whole Foods and right off Almaden Expy, with easy access to California 85 North and South making it simple and convenient for the daily commuter. San Jose is home to many companies, such as Cisco, PayPal, FICO, ZOOM, Western Digital, Sage Intacct, PWC, Adobe, and the Apple Headquarters. The property provides its tenants with an on-site coin-operated washer and dryer, for their convenience. Most of the tenants are long-term and have month-to-month leases. The roof is low pitch with asphalt shingles, and the foundation is a concrete perimeter with a crawl space.
Property Details
Home Type
- Multi-Family
Year Built
- 1962
Lot Details
- 7,841 Sq Ft Lot
Home Design
- Quadruplex
- Flat Roof Shape
- Wood Shingle Roof
- Concrete Perimeter Foundation
Interior Spaces
- 3,216 Sq Ft Home
- 2-Story Property
- Crawl Space
Parking
- 2 Parking Spaces
- 4 Carport Spaces
- Assigned Parking
Utilities
- Wall Furnace
- Separate Meters
- Individual Gas Meter
- Private Sewer
Listing and Financial Details
- Total Actual Rent $107,880
- Month-to-Month Lease Term
Community Details
Overview
Building Details
- 4 Leased Units
- Insurance Expense $5,040
- Maintenance Expense $1,200
- Other Expense $1,968
- Utility Expense $6,168
- Trash Expense $4,733
- Operating Expense $38,585
- Gross Income $105,517
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Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 05/27/2024 05/27/24 | Sold | $1,675,000 | -1.2% | $521 / Sq Ft |
| 05/01/2024 05/01/24 | Pending | -- | -- | -- |
| 04/12/2024 04/12/24 | Price Changed | $1,695,000 | -4.8% | $527 / Sq Ft |
| 04/02/2024 04/02/24 | Price Changed | $1,780,000 | -1.1% | $553 / Sq Ft |
| 03/11/2024 03/11/24 | For Sale | $1,800,000 | -- | $560 / 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 | $9,945 | $1,708,500 | $1,122,000 | $586,500 |
| 2024 | $9,945 | $683,366 | $379,649 | $303,717 |
| 2023 | $9,693 | $669,967 | $372,205 | $297,762 |
| 2022 | $9,637 | $656,831 | $364,907 | $291,924 |
| 2021 | $9,397 | $643,952 | $357,752 | $286,200 |
| 2020 | $9,259 | $637,350 | $354,084 | $283,266 |
| 2019 | $9,073 | $624,854 | $347,142 | $277,712 |
| 2018 | $8,978 | $612,603 | $340,336 | $272,267 |
| 2017 | $8,895 | $600,592 | $333,663 | $266,929 |
| 2016 | $8,689 | $588,817 | $327,121 | $261,696 |
| 2015 | $8,593 | $579,974 | $322,208 | $257,766 |
| 2014 | -- | $568,614 | $315,897 | $252,717 |
Source: Public Records
Agents Affiliated with this Home
-
Ray Rodriguez
-
Tony Zizzo
Seller Co-Listing Agent in 2024
Tony Zizzo
Compass
(408) 772-8661
3 in this area
88 Total Sales
-
Linda Lo
Buyer's Agent in 2024
Linda Lo
EXP Realty of California, Inc
(408) 410-7530
1 in this area
25 Total Sales
Map
Source: MLSListings
MLS Number: ML81957095
APN: 567-49-017
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