NOT LISTED FOR SALE

620 Nello Dr Campbell, CA 95008

10 Beds
-- Bath
3,926 Sq Ft
8,712 Sq Ft Lot Lot

Sale Details

Date Sold: June 13, 2013

Last sale price $1,200,000 $306 Per Sq Ft

7 Days on Market

Highlights

  • Neighborhood Views
  • Guest Parking
  • Laundry Facilities
  • Westmont High School Rated A
  • Floor Furnace
  • Level Lot

About This Home

As of June 2013

Investor dream! Rare opportunity to own a vacant almost brand new 4plex in Campbell area with decent potential income. 3 back units and garage area are completely rebuilt with extensive upgrade such as stainless steel appliance, etc, the front unit are partially renovated with new paint, new flooring, new window and new front door, new roof for all unit.

Last Agent to Sell the Property

Joe Liao

J & A Realty License #01824670 Listed on: 04/26/2013

Last Buyer's Agent

Rosa Hellen

Intero Real Estate Services License #01725188

Intero Real Estate Services

Property Details

Home Type

  • Multi-Family

Year Built

  • 1968

Lot Details

  • Level Lot

Home Design

  • Quadruplex
  • Shingle Roof

Interior Spaces

  • 3,926 Sq Ft Home
  • 2-Story Property
  • Neighborhood Views
  • Gas Dryer Hookup

Kitchen

  • Oven or Range
  • Dishwasher
  • Disposal

Flooring

  • Wall to Wall Carpet
  • Vinyl

Parking

  • Covered Parking
  • Guest Parking

Utilities

  • Floor Furnace
  • Sewer Within 50 Feet

Listing and Financial Details

  • Total Actual Rent $92,400
  • The owner pays for garbage, services - gardener/landscaping, gas, hot water

Community Details

Building Details

  • Gardener Expense $1,000
  • Insurance Expense $1,900
  • Maintenance Expense $2,400
  • Manager Expense $2,000
  • Other Expense $1,000
  • Utility Expense $1,500
  • Trash Expense $1,380
  • Operating Expense $26,421
  • Gross Income $88,635

Additional Features

  • 3,926 Sq Ft Building
  • Laundry Facilities

Property Details

Home Type

Multi-Family

Year Built

1968

Lot Details

8,712 Sq Ft Lot

Listing Details

  • Zoning: R2
  • Subclass: Fourplex
  • Sale Price Per Sq Ft: 305.65
  • Listing Class: Residential Income (2-4 Units)
  • Max Numberof Unitsin Complex: 4
  • Min Numberof Unitsin Complex: 4
  • Structure Sq Ft: 3926
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1968

Interior Features

  • Kitchen: Dishwasher, Garbage Disposal, Oven Range, Varies By Unit, Refrigerator
  • Living Sq Ft: 3926
  • Stories: 2
  • Laundry: 220 Volt Outlet, Community Facility, Gas Hookup
  • Flooring: Carpet - Wall To Wall, Vinyl / Linoleum, Carpet

Exterior Features

  • Roof: Shingle
  • View: Local/Neighborhood

Garage/Parking

  • Garage Parking Features: Common Parking Area, Guest / Visitor Parking, Spaces Per Unit - 1

Utilities

  • Heating System: Floor Furnace
  • Sewer/Septic System: Sewer In Street, Sewer Connected

Lot Info

  • Lot Description: Grade - Level
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 8850.00
  • Lot Size Area Maximum Units: Square Feet
  • Lot Size Area Max Search: 8850.00
  • Lot Size Area Min Search: 8850.00
  • Maximum Lot Size: 8850.00

Rental Info

  • Existing Lease Term(s): Month To Month
  • Gross Rent Multiplier: 12.85

Multi Family

  • Expense Insurance: 1900
  • Expense Landscape: 1000
  • Expense Maintenance: 2400
  • Expense Management: 2000
  • Expenses Other: 1000
  • Expenses Total: 26421
  • Expenses Utility: 1500
  • Expense Trash: 1380
  • Expense Water Sewer: 1500
  • Income Annual Gross: 88635.00
  • Income Annual Rental: 92400
  • Income Gross Scheduled: 93300
  • Income Laundry: 900
  • Maximum Building Height: 2
  • Meters: Separate Electric
  • Minimum Building Height: 2
  • Number Of Buildings: 1
  • Operating Expenses Include: Services - Trash Removal, Services - Gardener, Utilities - Gas, Utilities - Hot Water, Fee - Property Tax, Utilities - Water, Utilities - Electric
  • Owner Pays: Garbage, Services - Gardener/Landscaping, Gas, Hot Water
  • Tenant Expenses: Utilities - Heating, Utilities - Electric
  • Vacancy Amount: 4665
  • Vacancy Factor: 5
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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 List to Sale Price per Sq Ft
06/13/2013 06/13/13 Sold $1,200,000 +0.1% $306 / Sq Ft
05/03/2013 05/03/13 Pending -- -- --
04/26/2013 04/26/13 For Sale $1,199,000 -- $305 / Sq Ft
Source: MLSListings

Tax History

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 $20,018 $1,477,703 $861,994 $615,709
2024 $20,018 $1,448,730 $845,093 $603,637
2023 $19,760 $1,420,324 $828,523 $591,801
2022 $19,628 $1,392,476 $812,278 $580,198
2021 $19,189 $1,365,173 $796,351 $568,822
2020 $18,623 $1,351,176 $788,186 $562,990
2019 $18,285 $1,324,683 $772,732 $551,951
2018 $17,664 $1,298,710 $757,581 $541,129
2017 $17,350 $1,273,246 $742,727 $530,519
2016 $16,302 $1,248,281 $728,164 $520,117
2015 $15,974 $1,229,532 $717,227 $512,305
2014 -- $1,205,448 $703,178 $502,270
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81314031

MLSListings

APN: 305-38-037

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