NOT LISTED FOR SALE
5 Beds
4 Baths
2,410 Sq Ft
6,203 Sq Ft Lot

Last Sold March 22, 2019

Last sale price $1,185,000 $492 Per Sq Ft

22 Days on Market

Highlights

  • Forced Air Heating System
  • Ceiling Fan
  • Washer and Dryer

About This Home

As of March 2019

Excellent investment property or owner occupy one unit and rent the other. Unit #5710 is a single story 3 bedroom 2 bath unit. This spacious unit is full of natural light with fresh interior paint and new carpeting. Unit #5712 is a two story 2 bedroom and 1.5 bath with fresh interior paint and new carpeting. Units include refrigerator, washer and dryer. Each unit has private courtyard entry and their own backyard plus 1-car garage with over-sized driveway. Both units have just been repiped and the main waste line has been replaced. Short distance to shopping mall, restaurants and entertainment. Freeway access and public transportation nearby. These units were rented to family members at below market rents.

Last Agent to Sell the Property

Kirsty Duncan

Christie's International Real Estate Sereno License #00892930 Listed on: 02/06/2019

Christie's International Real Estate Sereno

Co-Listed By

Ali Toscano

Christie's International Real Estate Sereno License #02002412

Last Buyer's Agent

Jeffrey Mason

Jeffrey Mason, Broker License #01725440

Property Details

Home Type

  • Multi-Family

Year Built

  • 1971

Lot Details

  • 6,203 Sq Ft Lot

Parking

  • 2 Car Garage
  • On-Street Parking
  • Off-Street Parking

Home Design

  • Duplex
  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 2,410 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Washer and Dryer

Utilities

  • Forced Air Heating System
  • Separate Meters
  • Individual Gas Meter
  • Sewer Within 50 Feet

Listing and Financial Details

  • Total Actual Rent $58,000

Community Details

Overview

Building Details

  • Insurance Expense $1,000
  • Trash Expense $1,100
  • Operating Expense $15,100
  • Gross Income $58,000

Property Details

Home Type

Multi-Family

Year Built

1971

Lot Details

0

Parking

2

Listing Details

  • Zoning: R2
  • Subclass: Duplex
  • Age: 48
  • Listing Class: Residential Income (2-4 Units)
  • Structure Sq Ft: 2410
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1971

Interior Features

  • Living Sq Ft: 2410
  • Stories: 2
  • Laundry: Washer / Dryer

Exterior Features

  • Foundation: Concrete Perimeter
  • Roof: Composition

Garage/Parking

  • Garage Spaces: 2
  • Parking Spaces: 3
  • Garage Parking Features: Attached Garage, Off-Street Parking, On Street

Utilities

  • Cooling System: Ceiling Fan
  • Heating System: Central Forced Air
  • Sewer/Septic System: Sewer Connected, Sewer In Street

Schools

  • School District: San Jose Unified

Lot Info

  • Lot Acres: 0.1424
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 6204.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 6204.00

Rental Info

  • Existing Lease Term(s): Building Vacant
  • Gross Rent Multiplier: 20.67

Multi Family

  • Utilities: Individual Electric Meters, Individual Gas Meters, Public Utilities
  • Expense Insurance: 1000
  • Expenses Total: 15100
  • Expense Trash: 1100
  • Income Annual Gross: 58000.00
  • Income Annual Rental: 58000
  • Income Gross Scheduled: 58000
  • Income Includes: Rents
  • Meters: Master Water, Separate Electric, Separate Gas
  • Number Of Buildings: 1
  • Operating Expenses Include: Fee - Property Tax, Insurance, Services - Sewer, Services - Trash Removal, Utilities - Water
  • Tenant Expenses: Utilities - Electric, Utilities - Gas, Utilities - Hot Water

Range of Values:

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Sold Price
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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
03/22/2019 03/22/19 Sold $1,185,000 -1.2% $492 / Sq Ft
03/01/2019 03/01/19 Pending -- -- --
02/06/2019 02/06/19 Price Changed $1,199,000 +7.1% $498 / Sq Ft
02/06/2019 02/06/19 For Sale $1,119,000 -- $464 / 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: ML81737957

MLSListings

APN: 687-02-036