NOT LISTED FOR SALE

643 Bolton Ct San Jose, CA 95129

Strawberry Park Neighborhood
9 Beds
5 Baths
3,770 Sq Ft
0.31 Acres

Last Sold July 12, 2024

Last sale price $1,866,125 $495 Per Sq Ft

6 Days on Market

Highlights

  • 0.31 Acre Lot
  • Forced Air Heating System
  • Coin Laundry
  • Easterbrook Discovery Rated A

About This Home

As of July 2024

Great investment opportunity in perfect location. Well maintained and fully rented. All four units leased to great tenants. Strong upside on rents. Easy/fast to rent between tenants. One 3 bedroom, 2 bath unit downstairs. The rest are 2 bedroom / 1 bath. Two units recently renovated. All units in great condition. Property has been professionally managed since 1998. Current property management company willing to continue managing at favored-client rate. This investment opportunity is in one of the top real estate markets in the country. This is a great blend of a consistently increasing rental rate market and long-term appreciation. Easy access to major commute routes while snuggled in peaceful neighborhood. Tenants love living here. Owners love the low maintenance. Onsite coin laundry for additional income source.

Last Agent to Sell the Property

Bob Lane

Rezide, Inc. License #01777843 Listed on: 06/05/2024

Last Buyer's Agent

Lani Vu

LXV Real Estate License #00896930

Property Details

Home Type

  • Multi-Family

Year Built

  • 1969

Lot Details

  • 0.31 Acre Lot

Parking

  • 4 Car Garage
  • Assigned Parking

Home Design

  • Quadruplex
  • Pillar, Post or Pier Foundation
  • Shingle Roof

Interior Spaces

  • 3,770 Sq Ft Home
  • 2-Story Property
  • Crawl Space
  • Security Lights

Utilities

  • Forced Air Heating System
  • Separate Meters
  • Individual Gas Meter

Listing and Financial Details

  • Total Actual Rent $113,040

Community Details

Overview

Amenities

  • Coin Laundry

Building Details

  • 4 Leased Units
  • Gardener Expense $1,520
  • Insurance Expense $3,516
  • Maintenance Expense $1,300
  • Utility Expense $5,375
  • Trash Expense $2,652
  • Operating Expense $19,334
  • Gross Income $110,255

Property Details

Home Type

Multi-Family

Year Built

1969

Lot Details

0

Parking

4

Listing Details

  • Zoning: RM
  • Subclass: Fourplex
  • Age: 55
  • Listing Class: Residential Income (2-4 Units)
  • Structure Sq Ft: 3770
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1969

Interior Features

  • Living Sq Ft: 3770
  • Stories: 2
  • Security: Security Lights
  • Laundry: Coin Operated

Exterior Features

  • Foundation: Crawl Space, Pillars / Posts / Piers
  • Roof: Shingle

Garage/Parking

  • Garage Spaces: 4
  • Garage Parking Features: Assigned Spaces, Attached Garage

Utilities

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

Schools

  • School District: Campbell Union High

Lot Info

  • Lot Acres: 0.3100
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 13504.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 13504.00

Rental Info

  • Existing Lease Term(s): Month To Month
  • Gross Rent Multiplier: 17.51
  • Number Of Leased: 4

Multi Family

  • Utilities: Individual Electric Meters, Individual Gas Meters
  • Expense Insurance: 3516
  • Expense Landscape: 1520
  • Expense Maintenance: 1300
  • Expenses Total: 19334
  • Expenses Utility: 5375
  • Expense Trash: 2652
  • Income Annual Gross: 110255.00
  • Income Annual Rental: 113040
  • Income Gross Scheduled: 113665
  • Income Includes: Laundry, Rents
  • Income Other: 625
  • Meters: Master Electric, Master Water, Separate Electric, Separate Gas
  • Number Of Buildings: 1
  • Operating Expenses Include: Fee - Property Management, Fee - Property Tax, Insurance, Maintenance, Services - Gardener, Services - Trash Removal, Utilities - Electric, Utilities - Water
  • Tenant Expenses: Utilities - Electric, Utilities - Gas
  • Vacancy Factor: 3

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
07/12/2024 07/12/24 Sold $1,866,125 -6.2% $495 / Sq Ft
06/12/2024 06/12/24 Pending -- -- --
06/05/2024 06/05/24 For Sale $1,990,000 -- $528 / Sq Ft
Source: MLSListings

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • B

    Seller's Agent in 2024

    Bob Lane

    Rezide, Inc.

    (408) 316-0714

    1 in this area

    6 Total Sales

    Section Image

  • L

    Buyer's Agent in 2024

    Lani Vu

    LXV Real Estate

    (408) 573-0664

    1 in this area

    3 Total Sales

    Section Image
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Map

Source: MLSListings

MLS Number: ML81968422

MLSListings

APN: 381-07-035

California Santa Clara County San Jose 95129 Strawberry Park

643 Bolton Ct, San Jose, CA

This home is located at 643 Bolton Ct, San Jose, CA 95129 since 05 June 2024. This property was built in 1969. 643 Bolton Ct is a home located in Santa Clara County with nearby schools including Easterbrook Discovery, Prospect High School, and Challenger - Strawberry Park.

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