NOT LISTED FOR SALE

605 Rebecca Way San Jose, CA 95117

Blackford Neighborhood
8 Beds
7 Baths
4,198 Sq Ft
8,050 Sq Ft Lot

Last Sold May 11, 2018

Last sale price $1,735,000 $413 Per Sq Ft

17 Days on Market

About This Home

As of May 2018

OPEN HOUSE: TUESDAY MARCH 6TH FROM 12:00PM TO 2:30PM. Attractive opportunity to acquire a well-maintained 4-unit apartment building in West San Jose. Sitting on a large corner lot, the property contains a desirable unit mix consisting of an oversized (1) 3+2 owners unit; (2) 2+1.5; and (1) 1+1. The building has undergone many recent improvements including double pane windows and copper plumbing throughout. The owners unit boasts a large living room, family room, fireplace and gated patio area. The 2 bed 1.5 bath units have open layouts and fireplaces. Attractive upside potential in financial performance of asset. Perfect for owner occupier. The property is ideally located close to major transportation arteries including Saratoga Avenue and San Tomas Expressway, and 280. Major employers are moments away.

Last Agent to Sell the Property

Joel Hopman

Newmark Cornish & Carey License #01934574 Listed on: 02/26/2018

Last Buyer's Agent

Thomas Rollett

Intero Real Estate Services License #01383194

Intero Real Estate Services

Property Details

Home Type

  • Multi-Family

Year Built

  • 1970

Lot Details

  • 8,050 Sq Ft Lot

Parking

  • 2 Car Garage
  • 3 Carport Spaces

Home Design

  • Quadruplex
  • Shingle Roof
  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 4,198 Sq Ft Home
  • 2-Story Property

Utilities

  • Cooling System Mounted To A Wall/Window
  • Wall Furnace
  • Separate Meters
  • Individual Gas Meter

Listing and Financial Details

  • Total Actual Rent $96,648
  • Month-to-Month Lease Term

Community Details

Overview

Building Details

  • 4 Leased Units
  • Gardener Expense $1,200
  • Insurance Expense $1,250
  • Maintenance Expense $2,600
  • Other Expense $2,862
  • Utility Expense $1,680
  • Trash Expense $2,448
  • Operating Expense $33,331
  • Gross Income $94,539

Property Details

Home Type

Multi-Family

Year Built

1970

Lot Details

0

Parking

2

Listing Details

  • Zoning: RM
  • Subclass: Fourplex
  • Age: 48
  • Listing Class: Residential Income (2-4 Units)
  • Structure Sq Ft: 4198
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1970

Interior Features

  • Living Sq Ft: 4198
  • Stories: 2

Exterior Features

  • Foundation: Concrete Perimeter
  • Roof: Composition, Shingle

Garage/Parking

  • Garage Spaces: 2
  • Garage Parking Features: Attached Garage, Carport
  • Carport Min: 3

Utilities

  • Cooling System: Window / Wall Unit
  • Heating System: Wall Furnace
  • Sewer/Septic System: Sewer - Public

Schools

  • School District: Campbell Union High
  • High School: Prospect High
  • High School: 241

Lot Info

  • Lot Acres: 0.1848
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 8051.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 8051.00

Rental Info

  • Existing Lease Term(s): Less Than 1 Yr, Month To Month, More Than 1 Yr
  • Gross Rent Multiplier: 18.78
  • Number Of Leased: 4

Multi Family

  • Utilities: Individual Electric Meters, Individual Gas Meters
  • Expense Insurance: 1250
  • Expense Landscape: 1200
  • Expense Maintenance: 2600
  • Expenses Other: 2862
  • Expenses Total: 33331
  • Expenses Utility: 1680
  • Expense Trash: 2448
  • Income Annual Gross: 94539.00
  • Income Annual Rental: 96648
  • Income Gross Scheduled: 97463
  • Income Includes: Laundry, Rents
  • Income Other: 815
  • Meters: Master Water, Separate Electric, Separate Gas
  • Number Of Buildings: 1
  • Operating Expenses Include: Fee - License/Advertising, Fee - Property Tax, Insurance, Maintenance - Repair, Services - Gardener, Services - Sewer, Services - Trash Removal, Utilities - Water, Vacancy Factor
  • Tenant Expenses: Utilities - Electric, Utilities - Gas, Utilities - Heating
  • Vacancy Factor: 3

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
05/11/2018 05/11/18 Sold $1,735,000 -5.2% $413 / Sq Ft
03/16/2018 03/16/18 Pending -- -- --
02/26/2018 02/26/18 For Sale $1,830,000 -- $436 / Sq Ft
Source: MLSListings

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2018

    Joel Hopman

    Newmark Cornish & Carey

    (650) 688-8536

    40 Total Sales

    Section Image

  • T

    Buyer's Agent in 2018

    Thomas Rollett

    Intero Real Estate Services

    Section Image
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Map

Source: MLSListings

MLS Number: ML81694000

MLSListings

APN: 299-38-070

California Santa Clara County San Jose 95117 Blackford

605 Rebecca Way, San Jose, CA

This home is located at 605 Rebecca Way, San Jose, CA 95117 since 26 February 2018. This property was built in 1970. 605 Rebecca Way is a home located in Santa Clara County with nearby schools including Easterbrook Discovery, Prospect High School, and As-Safa Institute/As-Safa Academy.

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