NOT LISTED FOR SALE

652 Sanders Ave San Jose, CA 95116

Mayfair Neighborhood
6 Beds
3 Baths
2,344 Sq Ft
6,970 Sq Ft Lot

Last Sold June 19, 2013

Last sale price $540,000 $230 Per Sq Ft

8 Days on Market

Highlights

  • Marble Flooring
  • Forced Air Heating System
  • 1-Story Property
  • Independence High School Rated A-
  • Washer and Dryer

About This Home

As of June 2013

Turnkey Duplex with great cash flow. Near schools, easy access to freeway, friendly long term tenants. New kitchens, new baths, mostly Dual Pane windows, Large lot with plenty of parking for tenants up to 7 cars. Larger units which attracts long term tenants.

Last Agent to Sell the Property

Buckley Nguyen

Intero San Jose, Willow Glen Lincoln Ave License #01405884 Listed on: 04/29/2013

Last Buyer's Agent

Buckley Nguyen

Intero San Jose, Willow Glen Lincoln Ave License #01405884 Listed on: 04/29/2013

Property Details

Home Type

  • Multi-Family

Year Built

  • 1965

Lot Details

  • 6,970

Home Design

  • Duplex
  • Composition Roof

Interior Spaces

  • 2,344 Sq Ft Home
  • 1-Story Property
  • Washer and Dryer

Kitchen

  • Oven or Range
  • Disposal

Flooring

  • Laminate
  • Marble
  • Tile

Utilities

  • Forced Air Heating System
  • Wall Furnace
  • Sewer Within 50 Feet

Listing and Financial Details

  • Total Actual Rent $40,800
  • The owner pays for garbage, water
  • Month-to-Month Lease Term

Community Details

Overview

  • 2,344 Sq Ft Building

Building Details

  • Insurance Expense $660
  • Trash Expense $720
  • Operating Expense $7,823
  • Gross Income $40,800

Property Details

Home Type

Multi-Family

Year Built

1965

Lot Details

0

Listing Details

  • Zoning: R2
  • Subclass: Duplex
  • Age: 48
  • Inspections Reports: Fault Zone, Geological/Flood, Pest Control, Property Inspection, Roof, Flood Zone
  • Sale Price Per Sq Ft: 230.38
  • Listing Class: Residential Income (2-4 Units)
  • Max Numberof Unitsin Complex: 2
  • Min Numberof Unitsin Complex: 2
  • Structure Sq Ft: 2344
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1965

Interior Features

  • Kitchen: Garbage Disposal, Oven Range, Varies By Unit, Refrigerator
  • Living Sq Ft: 2344
  • Stories: 1
  • Laundry: Washer/Dryer - Some Units, Laundry Area - In Unit
  • Flooring: Tile, Laminate, Marble

Exterior Features

  • Roof: Composition

Garage/Parking

  • Garage Parking Features: Spaces Per Unit - 1

Utilities

  • Heating System: Wall Furnace, Central Forced Air
  • Sewer/Septic System: Sewer In Street, Sewer Connected

Schools

  • School District: East Side Union High

Lot Info

  • Lot Location: Court
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 7000.00
  • Lot Size Area Maximum Units: Square Feet
  • Lot Size Area Max Search: 7000.00
  • Lot Size Area Min Search: 7000.00
  • Maximum Lot Size: 7000.00

Rental Info

  • Existing Lease Term(s): Month To Month, 1 Year Lease
  • Gross Rent Multiplier: 12.25

Multi Family

  • Expense Insurance: 660
  • Expenses Total: 7823
  • Expense Trash: 720
  • Expense Water Sewer: 1080
  • Income Annual Gross: 40800.00
  • Income Annual Rental: 40800
  • Income Gross Scheduled: 40800
  • Income Includes: Lease
  • Maximum Building Height: 1
  • Meters: Separate Electric, Separate Gas, Master Water
  • Minimum Building Height: 1
  • Number Of Buildings: 1
  • Operating Expenses Include: Services - Trash Removal, Utilities - Water, Insurance, Fee - Property Tax
  • Owner Pays: Garbage, Water
  • Tenant Expenses: Utilities - Electric

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
06/19/2013 06/19/13 Sold $540,000 +8.0% $230 / Sq Ft
05/07/2013 05/07/13 Pending -- -- --
04/29/2013 04/29/13 For Sale $499,999 -- $213 / Sq Ft
Source: MLSListings

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • B

    Seller's Agent in 2013

    Buckley Nguyen

    Intero San Jose, Willow Glen Lincoln Ave

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Map

Source: MLSListings

MLS Number: ML81314292

MLSListings
California Santa Clara County San Jose 95116 Mayfair

652 Sanders Ave, San Jose, CA

This home is located at 652 Sanders Ave, San Jose, CA 95116 since 29 April 2013. This property was built in 1965. 652 Sanders Ave is a home located in Santa Clara County with nearby schools including Cesar Chavez Elementary School, Independence High School, and Ace Empower Academy.

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