NOT LISTED FOR SALE
5 Beds
4 Baths
2,449 Sq Ft
8,011 Sq Ft Lot

Last Sold June 21, 2022

Last sale price $2,103,000 $859 Per Sq Ft

12 Days on Market

Highlights

  • Stone Countertops
  • 2 Car Detached Garage
  • 1-Story Property
  • Sutter Elementary School Rated A
  • Forced Air Heating and Cooling System

About This Home

As of June 2022

Absolutely beautiful, Turn-key duplex. Both units completely remodeled and upgraded within past few years with quality and high-end improvements, including: stunning stone countertops, stainless steel appliances, gas ranges, new flooring, new trim, paint, new copper pipes throughout, New 2" water mainline from meter to units, central forced air furnace and A/C with all new ductwork, dual pane windows, new cabinets throughout kitchens and bathrooms, ceramic tile showers with frameless glass, new interior panel doors, new hardware, 30 year comp roof installed in 2017, separate water supplies with shut off for each unit, can lighting throughout. Truly excellent long-term tenants with all leases ending July 31, 2022, but would like to stay. Seller reserves the right to participate in 1031 exchange at no cost to buyer.

Last Agent to Sell the Property

Joseph Scola

Atlas Realty License #01175575 Listed on: 05/06/2022

Last Buyer's Agent

Junie Ngai

Bay One Realty License #01864306

Property Details

Home Type

  • Multi-Family

Year Built

  • 1966

Lot Details

  • 8,011 Sq Ft Lot

Parking

  • 2 Car Detached Garage

Home Design

  • Duplex
  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 2,449 Sq Ft Home
  • 1-Story Property
  • Laminate Flooring
  • Crawl Space
  • Washer and Dryer Hookup

Kitchen

  • Oven or Range
  • Gas Cooktop
  • Range Hood
  • Dishwasher
  • Stone Countertops
  • Disposal

Utilities

  • Forced Air Heating and Cooling System
  • Separate Meters
  • Individual Gas Meter

Listing and Financial Details

  • Total Actual Rent $68,400

Community Details

Overview

  • 2,449 Sq Ft Building

Building Details

  • 2 Leased Units
  • Insurance Expense $2,000
  • Utility Expense $1,200
  • Operating Expense $10,397
  • Gross Income $68,400

Property Details

Home Type

Multi-Family

Year Built

1966

Lot Details

0

Parking

2

Listing Details

  • Zoning: R3
  • Subclass: Duplex
  • Age: 56
  • Listing Class: Residential Income (2-4 Units)
  • Structure Sq Ft: 2449
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1966

Interior Features

  • Kitchen: Cooktop - Gas, Countertop - Stone, Dishwasher, Garbage Disposal, Hood Over Range, Oven Range, Refrigerator
  • Living Sq Ft: 2449
  • Stories: 1
  • Laundry: Hookups Only
  • Flooring: Laminate

Exterior Features

  • Foundation: Concrete Perimeter, Crawl Space
  • Roof: Composition

Garage/Parking

  • Garage Spaces: 2
  • Parking Spaces: 2
  • Garage Parking Features: Detached Garage

Utilities

  • Cooling System: Central Ac
  • Heating System: Central Forced Air - Gas
  • Sewer/Septic System: Sewer - Public

Schools

  • School District: Santa Clara Unified
  • Elementary School: Sutter Elementary
  • Middle School: Buchser Middle
  • High School: Santa Clara High
  • High School: 408
  • Elementary School: 402
  • Middle School: 406

Lot Info

  • Lot Acres: 0.1839
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 8009.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 8009.00

Rental Info

  • Existing Lease Term(s): Lease Agreement - Written
  • Gross Rent Multiplier: 27.60
  • Number Of Leased: 2

Multi Family

  • Utilities: Individual Electric Meters, Individual Gas Meters, Natural Gas, Public Utilities
  • Expense Insurance: 2000
  • Expenses Total: 10397
  • Expenses Utility: 1200
  • Income Annual Gross: 68400.00
  • Income Annual Rental: 68400
  • Income Gross Scheduled: 68400
  • Income Includes: Rents
  • Meters: Separate Electric, Separate Gas
  • Number Of Buildings: 2
  • Operating Expenses Include: Insurance
  • Tenant Expenses: Utilities - Electric, Utilities - Gas, Utilities - Heating

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
06/21/2022 06/21/22 Sold $2,103,000 +11.4% $859 / Sq Ft
05/19/2022 05/19/22 Pending -- -- --
05/06/2022 05/06/22 For Sale $1,888,000 -- $771 / 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: ML81890556

MLSListings

APN: 293-01-007