NOT LISTED FOR SALE
8 Beds
4 Baths
3,400 Sq Ft
9,126 Sq Ft Lot

Sale Details

Date Sold: May 10, 2019

Last sale price $1,900,000 $559 Per Sq Ft

8 Days on Market

Highlights

  • Vaulted Ceiling
  • Tile Flooring
  • Coin Laundry
  • Westmont High School Rated A

About This Home

As of May 2019

Bring All Offers. Private Tours Available Upon Request. OPEN HOUSE SATURDAY March 30 from 1PM-4PM. Three units will be open to view on Saturday. All units updated within the last 2 years. 602 Alpha Court, Campbell, offers an investor the opportunity to purchase a four unit apartment building in a fundamentally strong South Bay sub-market. The building is 3,200 square feet (per county records) of improvements. The buildings boast an four spacious 2 Bedroom One Bathroom Apartments. Ground floor units include a large private yard (approximately 20 by 60). The building has received a brand new roof and painted exterior. Offers Due Wednesday April 3rd at 2PM.

Last Agent to Sell the Property

Lex Orosco

Realty One Group Infinity License #01930420 Listed on: 03/25/2019

Realty One Group Infinity

Last Buyer's Agent

Lex Orosco

Realty One Group Infinity License #01930420 Listed on: 03/25/2019

Realty One Group Infinity

Property Details

Home Type

  • Multi-Family

Year Built

  • 1962

Lot Details

  • 9,126

Home Design

  • Quadruplex
  • Slab Foundation
  • Composition Roof

Interior Spaces

  • 3,400 Sq Ft Home
  • 2-Story Property
  • Vaulted Ceiling

Kitchen

  • Electric Oven
  • Electric Cooktop
  • Range Hood
  • Laminate Countertops

Flooring

  • Laminate
  • Tile

Parking

  • 2 Parking Spaces
  • 4 Carport Spaces
  • On-Street Parking
  • Off-Street Parking

Additional Features

  • 9,126 Sq Ft Lot
  • Wall Furnace

Listing and Financial Details

  • Total Actual Rent $104,400

Community Details

Overview

Amenities

  • Coin Laundry

Building Details

  • 2 Leased Units
  • Gardener Expense $1,500
  • Insurance Expense $1,200
  • Maintenance Expense $2,000
  • Utility Expense $3,600
  • Trash Expense $1,080
  • Operating Expense $26,686
  • Gross Income $101,287

Property Details

Home Type

Multi-Family

Year Built

1962

Lot Details

9,126 Sq Ft Lot

Listing Details

  • Zoning: R-2
  • Subclass: Fourplex
  • Listing Class: Residential Income (2-4 Units)
  • Structure Sq Ft: 3400
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1962

Interior Features

  • Kitchen: Cooktop - Electric, Countertop - Laminate, Hood Over Range, Oven Range - Electric, Refrigerator
  • Living Sq Ft: 3400
  • Stories: 2
  • Laundry: Coin Operated
  • Flooring: Laminate, Tile

Exterior Features

  • Foundation: Concrete Slab
  • Roof: Composition

Garage/Parking

  • Parking Spaces: 2
  • Garage Parking Features: Carport, Off-Street Parking, On Street
  • Carport Min: 4

Utilities

  • Heating System: Wall Furnace
  • Sewer/Septic System: Sewer - Public

Association/Amenities

  • Amenities Miscellaneous: High Ceiling, Vaulted Ceiling

Schools

  • High School: 242

Lot Info

  • Lot Acres: 0.2095
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 9127.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 9127.00

Rental Info

  • Existing Lease Term(s): 1 Year Lease
  • Gross Rent Multiplier: 18.67
  • Number Of Leased: 2

Multi Family

  • Utilities: Public Utilities
  • Expense Insurance: 1200
  • Expense Landscape: 1500
  • Expense Maintenance: 2000
  • Expenses Total: 26686
  • Expenses Utility: 3600
  • Expense Trash: 1080
  • Income Annual Gross: 101287.00
  • Income Annual Rental: 104400
  • Income Gross Scheduled: 104420
  • Income Includes: Laundry
  • Income Other: 20
  • Meters: Separate Electric, Separate Gas
  • Number Of Buildings: 1
  • Operating Expenses Include: Fee - Property Tax, Maintenance, Services - Gardener, Utilities - Water
  • Tenant Expenses: Utilities - Electric, Utilities - Gas, Utilities - Water
  • Vacancy Factor: 3

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 28, 2020
Sold by
Bought by

Purchase Details

Listed on
Mar 25, 2019
Closed on
Apr 29, 2019
Sold by
Bought by
Seller's Agent
Lex Orosco
Realty One Group Infinity
Buyer's Agent
Lex Orosco
Realty One Group Infinity
List Price
$1,950,000
Sold Price
$1,900,000
Premium/Discount to List
-$50,000
-2.56%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,140,000
Interest Rate
0.04%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 20, 2013
Sold by
Bought by

Purchase Details

Closed on
Feb 26, 2008
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$801,000
Interest Rate
0.05%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 5, 2005
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$656,250
Interest Rate
0.0137%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Jan 21, 2003
Sold by
Bought by

Purchase Details

Closed on
Apr 6, 2000
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$411,500
Interest Rate
0.0826%

Purchase Details

Closed on
Dec 12, 1993
Sold by
Bought by
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
-- None Available
$1,900,000 North American Title Co Inc
-- None Available
$1,100,000 Commonwealth Land Title Co
$875,000 Alliance Title Company
-- Old Republic Title Company
-- Financial Title Company
$327,000 Stewart Title Of California
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $1,140,000
Previous Owner $801,000
Previous Owner $656,250
Previous Owner $505,000
Previous Owner $510,000
Previous Owner $411,500
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
05/10/2019 05/10/19 Sold $1,900,000 -2.6% $559 / Sq Ft
04/03/2019 04/03/19 Pending -- -- --
03/25/2019 03/25/19 For Sale $1,950,000 -- $574 / Sq Ft
Source: MLSListings

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $27,563 $2,119,481 $1,505,948 $613,533
2024 $27,563 $2,077,923 $1,476,420 $601,503
2023 $27,193 $2,037,180 $1,447,471 $589,709
2022 $26,982 $1,997,237 $1,419,090 $578,147
2021 $26,422 $1,958,076 $1,391,265 $566,811
2020 $25,674 $1,938,000 $1,377,000 $561,000
2019 $17,913 $1,295,237 $824,243 $470,994
2018 $17,304 $1,269,841 $808,082 $461,759
2017 $16,994 $1,244,943 $792,238 $452,705
2016 $15,967 $1,220,533 $776,704 $443,829
2015 $15,643 $1,202,201 $765,038 $437,163
2014 $15,093 $1,178,652 $750,052 $428,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81743977

MLSListings

APN: 404-31-031

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