NOT LISTED FOR SALE
4 Beds
2 Baths
1,476 Sq Ft
4,792 Sq Ft Lot

Last Sold March 26, 2013

Last sale price $368,000 $249 Per Sq Ft

12 Days on Market

Highlights

  • Guest Parking
  • 1-Story Property
  • 3-minute walk to Backesto Park
  • Carpet

About This Home

As of March 2013

Short Sale / terrific investment duplex close to downtown San Jose / each unit has 2 bed & 1 bath / 1-car garage for each unit.

Last Agent to Sell the Property

Jeffrey Lee

Silicon Valley Associates Inc. License #01303684 Listed on: 07/18/2012

Last Buyer's Agent

Amy Lee

Silicon Valley Associates License #01316295

Property Details

Home Type

  • Multi-Family

Year Built

  • 1953

Lot Details

  • 4,792

Home Design

  • Duplex
  • Composition Roof

Interior Spaces

  • 1,476 Sq Ft Home
  • 1-Story Property
  • Carpet
  • Oven or Range

Parking

  • Covered Parking
  • Guest Parking

Utilities

  • Wall Furnace
  • Heating System Uses Gas
  • Sewer Within 50 Feet

Listing and Financial Details

  • Total Actual Rent $31,200
  • The owner pays for garbage, services - gardener/landscaping, water

Community Details

Overview

  • 1,476 Sq Ft Building

Building Details

  • Gardener Expense $300
  • Insurance Expense $1,000
  • Maintenance Expense $1,500
  • Trash Expense $360
  • Operating Expense $11,182
  • Gross Income $29,640

Property Details

Home Type

Multi-Family

Year Built

1953

Lot Details

0

Listing Details

  • Zoning: R2
  • Subclass: Duplex
  • Age: 60
  • Inspections Reports: Flood Zone
  • Sale Price Per Sq Ft: 249.32
  • Listing Class: Residential Income (2-4 Units)
  • Max Numberof Unitsin Complex: 2
  • Min Numberof Unitsin Complex: 2
  • Structure Sq Ft: 1476
  • Special Features: 12
  • Property Sub Type: MultiFamily
  • Year Built: 1953

Interior Features

  • Kitchen: Oven Range
  • Living Sq Ft: 1476
  • Stories: 1
  • Laundry: Laundry - No
  • Flooring: Carpet

Exterior Features

  • Roof: Composition

Garage/Parking

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

Utilities

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

Schools

  • School District: San Jose Unified

Lot Info

  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 4750.00
  • Lot Size Area Maximum Units: Square Feet
  • Lot Size Area Max Search: 4750.00
  • Lot Size Area Min Search: 4750.00
  • Maximum Lot Size: 4750.00

Rental Info

  • Existing Lease Term(s): Month To Month
  • Gross Rent Multiplier: 10.87

Multi Family

  • Expense Insurance: 1000
  • Expense Landscape: 300
  • Expense Maintenance: 1500
  • Expenses Total: 11182
  • Expense Trash: 360
  • Expense Water Sewer: 500
  • Income Annual Gross: 29640.00
  • Income Annual Rental: 31200
  • Income Gross Scheduled: 31200
  • Income Includes: Lease
  • Maximum Building Height: 1
  • Meters: Separate Gas
  • Minimum Building Height: 1
  • Number Of Buildings: 1
  • Operating Expenses Include: Services - Trash Removal, Services - Gardener, Utilities - Water, Insurance, Maintenance - Repair, Vacancy Factor
  • Owner Pays: Garbage, Services - Gardener/Landscaping, Water
  • Tenant Expenses: Utilities - Gas, Utilities - Heating, Cable Tv, Utilities - Electric
  • Vacancy Amount: 1560
  • Vacancy Factor: 5

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
03/26/2013 03/26/13 Sold $368,000 +8.6% $249 / Sq Ft
07/30/2012 07/30/12 Pending -- -- --
07/18/2012 07/18/12 For Sale $339,000 -- $230 / 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: ML81226925

MLSListings