NOT LISTED FOR SALE
8 Beds
-- Bath
3,200 Sq Ft
7,405 Sq Ft Lot

Last Sold November 07, 2013

Last sale price $828,000 $259 Per Sq Ft

12 Days on Market

Highlights

  • Level Lot
  • Pioneer High School Rated A-
  • Carpet

About This Home

As of November 2013

Value Add Opportunity! Some deferred maintenance, see reports. Fair Condition overall. (4) 2/1 units with upside rent potential. Carports. Leased Laundry. Fully rented. Please do not disturb tenants. Offers subject to inspection. Marketing Package, reports & disclosures available.

Last Agent to Sell the Property

Michael Shields

SiliconValley MultiFamilyGroup License #01327546 Listed on: 09/25/2013

Last Buyer's Agent

JIA LI

Gemstone Estate, Inc. License #01912685

Property Details

Home Type

  • Multi-Family

Year Built

  • 1963

Lot Details

  • 7,405

Parking

  • Off-Street Parking

Home Design

  • Quadruplex
  • Shingle Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 3,200 Sq Ft Home
  • 2-Story Property
  • Oven or Range

Flooring

  • Carpet
  • Laminate
  • Vinyl

Utilities

  • Heating System Uses Gas
  • Sewer Within 50 Feet

Additional Features

  • Energy-Efficient Insulation
  • Level Lot

Listing and Financial Details

  • Total Actual Rent $57,600
  • The owner pays for garbage, hot water, water

Community Details

Overview

  • 3,200 Sq Ft Building

Building Details

  • Insurance Expense $1,384
  • Maintenance Expense $3,124
  • Other Expense $820
  • Utility Expense $2,012
  • Trash Expense $1,808
  • Operating Expense $22,025
  • Gross Income $56,745

Property Details

Home Type

Multi-Family

Year Built

1963

Lot Details

0

Listing Details

  • Zoning: RM
  • Subclass: Fourplex
  • Age: 50
  • Inspections Reports: Fault Zone, Flood Zone
  • Sale Price Per Sq Ft: 258.75
  • Listing Class: Residential Income (2-4 Units)
  • Max Numberof Unitsin Complex: 4
  • Min Numberof Unitsin Complex: 4
  • Structure Sq Ft: 3200
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1963

Interior Features

  • Kitchen: Oven Range, Refrigerator
  • Living Sq Ft: 3200
  • Stories: 2
  • Laundry: Washer/Dryer - Leased, Washer/Dryer - Leased Coin-Op
  • Flooring: Laminate, Carpet - Wall To Wall, Vinyl / Linoleum, Carpet

Exterior Features

  • Foundation: Concrete Perimeter
  • Roof: Shingle
  • View: Local/Neighborhood

Garage/Parking

  • Garage Parking Features: Spaces Per Unit - 1, Off-Street Parking

Utilities

  • Heating System: Gas
  • Sewer/Septic System: Sewer In Street, Sewer Connected

Association/Amenities

  • Amenities Miscellaneous: Storage Locker

Schools

  • School District: San Jose Unified

Lot Info

  • Lot Description: Grade - Level
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 7440.00
  • Lot Size Area Maximum Units: Square Feet
  • Lot Size Area Max Search: 7440.00
  • Lot Size Area Min Search: 7440.00
  • Maximum Lot Size: 7440.00

Green Features

  • Energy Features: Insulation - Unknown

Rental Info

  • Existing Lease Term(s): Month To Month, Less Than 1 Yr
  • Gross Rent Multiplier: 14.10

Multi Family

  • Expense Insurance: 1384
  • Expense Maintenance: 3124
  • Expenses Other: 820
  • Expenses Total: 22025
  • Expenses Utility: 2012
  • Expense Trash: 1808
  • Expense Water Sewer: 2564
  • Income Annual Gross: 56745.00
  • Income Annual Rental: 57600
  • Income Gross Scheduled: 58500
  • Income Includes: Laundry, Lease
  • Income Laundry: 900
  • Maximum Building Height: 2
  • Meters: Separate Electric, Separate Gas, Master Water
  • Minimum Building Height: 2
  • Number Of Buildings: 1
  • Operating Expenses Include: Services - Trash Removal, Utilities - Hot Water, Utilities - Water, Utilities - Gas, Insurance, Fee - License/Advertising, Maintenance - Repair, Fee - Property Tax, Services - Sewer, Vacancy Factor, Utilities - Electric, Miscellaneous/Other
  • Owner Pays: Garbage, Hot Water, Water
  • Tenant Expenses: Utilities - Gas, Cable Tv, Utilities - Electric
  • Vacancy Amount: 1755
  • 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
11/07/2013 11/07/13 Sold $828,000 +0.4% $259 / Sq Ft
10/07/2013 10/07/13 Pending -- -- --
09/25/2013 09/25/13 For Sale $825,000 -- $258 / 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: ML81335563

MLSListings

APN: 567-52-009