NOT LISTED FOR SALE
4 Beds
2 Baths
1,780 Sq Ft
6,416 Sq Ft Lot

Last Sold November 05, 2021

Last sale price $1,370,000 $770 Per Sq Ft

6 Days on Market

Highlights

  • Granite Countertops
  • Forced Air Heating System
  • 1-Story Property
  • Tile Flooring

About This Home

As of November 2021

Turnkey, updated duplex on the cusp of Japantown with nice curb appeal and great tenants. Fantastic location close to restaurants, shopping, hi tech/city jobs, and freeways for commuting. Both 2/1 units well maintained, updated and low maintenance. Granite counters, tile and LVP floors, stainless steel appliances. Both have their own patio's for BBQ and 2 parking spaces with some storage in carport. Plenty of on street parking. Both units have washer/dryer hookups in units. Tenants have 6 month or less on their leases, both have been exemplary tenants and would like to stay unless a buyer wants to live in one side, have rental income from the other unit. Don't miss this fabulous investment opportunity with little maintenance.

Last Agent to Sell the Property

Annie Baker Cleaver

Alta Realty Group CA License #01831701 Listed on: 10/05/2021

Alta Realty Group CA

Last Buyer's Agent

Jamie Lennon

Compass License #01980274

Compass

Property Details

Home Type

  • Multi-Family

Year Built

  • 1977

Lot Details

  • 6,416

Home Design

  • Duplex
  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,780 Sq Ft Home
  • 1-Story Property
  • Washer and Dryer Hookup

Kitchen

  • Electric Cooktop
  • Dishwasher
  • Granite Countertops
  • Disposal

Flooring

  • Laminate
  • Tile

Parking

  • 4 Parking Spaces
  • 3 Carport Spaces

Additional Features

  • 6,416 Sq Ft Lot
  • Forced Air Heating System

Listing and Financial Details

  • Total Actual Rent $59,520

Community Details

Overview

Building Details

  • 2 Leased Units
  • Gardener Expense $1,200
  • Insurance Expense $869
  • Maintenance Expense $625
  • Utility Expense $1,859
  • Operating Expense $11,103
  • Gross Income $56,544

Property Details

Home Type

Multi-Family

Year Built

1977

Lot Details

0

Listing Details

  • Zoning: RM
  • Subclass: Duplex
  • Age: 44
  • Listing Class: Residential Income (2-4 Units)
  • Structure Sq Ft: 1780
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1977

Interior Features

  • Kitchen: Cooktop - Electric, Countertop - Granite, Dishwasher, Garbage Disposal, Refrigerator
  • Living Sq Ft: 1780
  • Stories: 1
  • Laundry: Hookups Only
  • Flooring: Laminate, Tile

Exterior Features

  • Foundation: Concrete Perimeter And Slab
  • Roof: Composition

Garage/Parking

  • Parking Spaces: 4
  • Garage Parking Features: Carport
  • Carport Min: 3

Utilities

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

Schools

  • School District: San Jose Unified

Lot Info

  • Lot Acres: 0.1473
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 6418.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 6418.00

Rental Info

  • Existing Lease Term(s): Less Than 1 Yr
  • Gross Rent Multiplier: 21.00
  • Number Of Leased: 2

Multi Family

  • Utilities: Public Utilities
  • Expense Insurance: 869
  • Expense Landscape: 1200
  • Expense Maintenance: 625
  • Expenses Total: 11103
  • Expenses Utility: 1859
  • Income Annual Gross: 56544.00
  • Income Annual Rental: 59520
  • Income Gross Scheduled: 59520
  • Income Includes: Rents
  • Meters: Separate Electric, Separate Gas
  • Number Of Buildings: 1
  • Operating Expenses Include: Maintenance - Repair, Services - Gardener, Services - Trash Removal
  • Tenant Expenses: Utilities - Electric, Utilities - Gas, Utilities - Water
  • 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
11/05/2021 11/05/21 Sold $1,370,000 +9.6% $770 / Sq Ft
10/11/2021 10/11/21 Pending -- -- --
10/05/2021 10/05/21 For Sale $1,250,000 -- $702 / 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: ML81865593

MLSListings

APN: 249-42-025