NOT LISTED FOR SALE

5653 Via Monte Dr San Jose, CA 95118

Almaden Neighborhood
8 Beds
4 Baths
3,364 Sq Ft
8,712 Sq Ft Lot

Last Sold July 08, 2015

Last sale price $1,170,000 $348 Per Sq Ft

85 Days on Market

About This Home

As of July 2015

BACK ON MARKET for no fault of property. 1963 built, this 4-plex property has living space of 3,364 sf on a lot of 8,712 sf (per County records). Fully Rented, it consists of Four Units - all units have 2bed/1bath. Units 1 and 2 have a spacious backyard and Units 3 and 4 have balconies. Walking distance to shops & nearby Almaden/BlossomHill strip mall and easy access to Hwy 85/87. Sections 1 & 2 being cleared by Seller. HOA has nice swimming pool for tenants' use. 1031 Exchange with no cost to Buyers.

Last Agent to Sell the Property

Ajit Ahluwalia

The Chase Realty Group License #01516696 Listed on: 03/02/2015

Last Buyer's Agent

Stanley Chen

Happy Realty License #00595066

Property Details

Home Type

  • Multi-Family

Year Built

  • 1963

Lot Details

  • 8,712 Sq Ft Lot

Home Design

  • Quadruplex
  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 3,364 Sq Ft Home
  • 2-Story Property

Parking

  • 4 Parking Spaces
  • 4 Carport Spaces

Utilities

  • Separate Meters
  • Individual Gas Meter

Listing and Financial Details

  • Total Actual Rent $67,800

Community Details

Overview

  • Property has a Home Owners Association

Building Details

  • 4 Leased Units
  • Gardener Expense $720
  • Insurance Expense $1,950
  • Maintenance Expense $2,000
  • Utility Expense $1,800
  • Operating Expense $18,445
  • Gross Income $68,094

Property Details

Home Type

Multi-Family

Year Built

1963

Lot Details

0

Listing Details

  • Zoning: R3H
  • Subclass: Fourplex
  • Age: 52
  • Listing Class: Residential Income (2-4 Units)
  • Structure Sq Ft: 3364
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1963

Interior Features

  • Living Sq Ft: 3364
  • Stories: 2

Exterior Features

  • Foundation: Concrete Perimeter
  • Roof: Composition

Garage/Parking

  • Parking Spaces: 4
  • Garage Parking Features: Carport
  • Carport Min: 4

Utilities

  • Sewer/Septic System: Sewer - Public

Condo/Co-op/Association

  • HOA Fees: 315
  • HOA Exist: Yes

Schools

  • School District: San Jose Unified

Lot Info

  • Lot Acres: 0.2000
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 8712.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 8712.00

Rental Info

  • Existing Lease Term(s): 1 Year Lease
  • Gross Rent Multiplier: 15.67
  • Number Of Leased: 4

Multi Family

  • Utilities: Individual Electric Meters, Individual Gas Meters
  • Expense Insurance: 1950
  • Expense Landscape: 720
  • Expense Maintenance: 2000
  • Expenses Total: 18445
  • Expenses Utility: 1800
  • Income Annual Gross: 68094.00
  • Income Annual Rental: 67800
  • Income Gross Scheduled: 70200
  • Income Includes: Coin Operated Equip, Laundry, Rents
  • Income Other: 2400
  • Meters: Separate Electric, Separate Gas
  • Number Of Buildings: 1
  • Operating Expenses Include: Fee - Property Tax, Insurance, Maintenance, Maintenance - Repair, Services - Trash Removal, Utilities - Water
  • Tenant Expenses: Utilities - Electric, Utilities - Gas
  • 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
07/08/2015 07/08/15 Sold $1,170,000 +6.4% $348 / Sq Ft
05/26/2015 05/26/15 Pending -- -- --
03/02/2015 03/02/15 For Sale $1,100,000 -- $327 / Sq Ft
Source: MLSListings

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2015

    Ajit Ahluwalia

    The Chase Realty Group

  • S

    Buyer's Agent in 2015

    Stanley Chen

    Happy Realty

See All Agents

Map

Source: MLSListings

MLS Number: ML81453011

MLSListings

APN: 567-52-034

California Santa Clara County San Jose 95118 Almaden

5653 Via Monte Dr, San Jose, CA

This home is located at 5653 Via Monte Dr, San Jose, CA 95118 since 02 March 2015. This property was built in 1963. 5653 Via Monte Dr is a home located in Santa Clara County with nearby schools including Almaden Elementary School, Castillero Middle School, and Pioneer High School.

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