NOT LISTED FOR SALE
8 Beds
4 Baths
3,200 Sq Ft
7,192 Sq Ft Lot

Last Sold November 06, 2017

Last sale price $1,200,000 $375 Per Sq Ft

42 Days on Market

Highlights

  • 4 Car Attached Garage
  • Double Pane Windows
  • Secured Garage or Parking
  • Pioneer High School Rated A-
  • Tile Countertops
  • 4-minute walk to Chris Hotts Park

About This Home

As of November 2017

This well-maintained 4-plex is a great investment opportunity priced to sell. Each unit is a 2 bedroom/ 1 bath. All units are occupied by long-term tenants on a month-to-month tenancy. 4-car attached garage. Coin operated laundry room for additional income. Located close to Whole Food Market, Almaden Shopping Center, schools and easy freeway access to 85 and 87. Please do not disturb tenants. Thank you!

Last Agent to Sell the Property

Linda Smestad

Investment House, Ltd. License #01189731 Listed on: 07/28/2017

Last Buyer's Agent

Timothy Tang

Losness Investment Real Estate Corp License #01952349

Property Details

Home Type

  • Multi-Family

Year Built

  • 1963

Lot Details

  • 7,192 Sq Ft Lot
  • Fenced
  • Level Lot
  • Sprinklers on Timer
  • Grass Covered Lot

Parking

  • 4 Car Attached Garage
  • Secured Garage or Parking

Home Design

  • Quadruplex
  • Wood Frame Construction
  • Tar and Gravel Roof
  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 3,200 Sq Ft Home
  • 2-Story Property
  • Double Pane Windows
  • Laundry Room

Kitchen

  • Oven or Range
  • Range Hood
  • Tile Countertops

Flooring

  • Carpet
  • Tile
  • Vinyl

Utilities

  • Wall Furnace
  • Sewer Within 50 Feet

Listing and Financial Details

  • Total Actual Rent $62,100

Community Details

Overview

Amenities

  • Coin Laundry

Building Details

  • 4 Leased Units
  • Gardener Expense $290
  • Insurance Expense $1,716
  • Maintenance Expense $475
  • Utility Expense $5,649
  • Operating Expense $14,519
  • Gross Income $62,100

Property Details

Home Type

Multi-Family

Year Built

1963

Lot Details

0

Parking

4

Listing Details

  • Zoning: R3H
  • Subclass: Fourplex
  • Age: 54
  • Listing Class: Residential Income (2-4 Units)
  • Structure Sq Ft: 3200
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1963

Interior Features

  • Kitchen: Countertop - Tile, Hood Over Range, Oven Range, Refrigerator
  • Living Sq Ft: 3200
  • Stories: 2
  • Security: Secured Garage / Parking
  • Laundry: Coin Operated
  • Flooring: Carpet, Tile, Vinyl / Linoleum
  • Additional Rooms: Laundry Room

Exterior Features

  • Foundation: Concrete Perimeter
  • Roof: Composition, Tar And Gravel
  • Yard/Grounds: Fenced, Low Maintenance, Sprinklers - Auto
  • Construction Type: Wood Frame

Garage/Parking

  • Garage Spaces: 4
  • Garage Parking Features: Attached Garage

Utilities

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

Schools

  • School District: San Jose Unified

Lot Info

  • Lot Description: Grade - Level
  • Lot Acres: 0.1651
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 7192.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 7192.00

Green Features

  • Energy Features: Double Pane Windows

Rental Info

  • Existing Lease Term(s): Month To Month
  • Gross Rent Multiplier: 20.85
  • Number Of Leased: 4

Multi Family

  • Utilities: Public Utilities
  • Expense Insurance: 1716
  • Expense Landscape: 290
  • Expense Maintenance: 475
  • Expenses Total: 14519
  • Expenses Utility: 5649
  • Income Annual Gross: 62100.00
  • Income Annual Rental: 62100
  • Income Gross Scheduled: 62100
  • Income Includes: Coin Operated Equip
  • Meters: Master Water
  • Number Of Buildings: 1
  • Operating Expenses Include: Fee - Property Tax, Insurance, Services - Gardener, Services - Sewer, Services - Trash Removal, Utilities - Electric, Utilities - Water
  • Tenant Expenses: Utilities - Electric

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
11/06/2017 11/06/17 Sold $1,200,000 -7.3% $375 / Sq Ft
09/09/2017 09/09/17 Pending -- -- --
09/07/2017 09/07/17 For Sale $1,295,000 -99.9% $405 / Sq Ft
08/11/2017 08/11/17 Pending -- -- --
07/28/2017 07/28/17 For Sale $1,295,000,000 -- $404,688 / 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: ML81671942

MLSListings

APN: 567-52-048