NOT LISTED FOR SALE
4 Beds
2 Baths
1,638 Sq Ft
7,623 Sq Ft Lot

Last Sold October 26, 2015

Last sale price $819,000 $500 Per Sq Ft

15 Days on Market

Highlights

  • Traditional Architecture
  • Detached Garage
  • Laundry Room
  • Wood Flooring
  • Tile Countertops
  • Ceiling Fan

About This Home

As of October 2015

Great Investment Opportunity! Duplex near Valley Fair, Santana Row, and Freeways. Both units are 2 bedroom & 1 bath. Hardwood floors* dining/living room combo* laundry rooms attached to kitchen* bathrooms are shower/tub combos* multiple ceiling fans in each unit. Large fenced in backyards. 2 car detached garage and plenty of street parking. Both units are rented- please do not disturb tenants.

Last Agent to Sell the Property

Stephanie Ligsay

Intero Real Estate Services License #01972350 Listed on: 08/31/2015

Intero Real Estate Services

Co-Listed By

Craig Gorman

Intero Real Estate Services License #01080717

Property Details

Home Type

  • Multi-Family

Year Built

  • 1951

Lot Details

  • 7,623 Sq Ft Lot
  • Fenced
  • Back Yard

Home Design

  • Duplex
  • Traditional Architecture
  • Wood Frame Construction
  • Shingle Roof
  • Composition Roof

Interior Spaces

  • 1,638 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Crawl Space

Kitchen

  • Oven or Range
  • Gas Cooktop
  • Tile Countertops

Flooring

  • Wood
  • Vinyl

Laundry

  • Laundry Room
  • Washer and Dryer Hookup

Parking

  • Detached Garage
  • On-Street Parking

Utilities

  • Wall Furnace
  • 220 Volts

Listing and Financial Details

  • Total Actual Rent $33,600

Community Details

Overview

Building Details

  • 2 Leased Units
  • Insurance Expense $1,031
  • Maintenance Expense $2,000
  • Trash Expense $1,680
  • Operating Expense $6,333
  • Gross Income $33,600

Property Details

Home Type

Multi-Family

Year Built

1951

Lot Details

0

Listing Details

  • Zoning: R2
  • Subclass: Duplex
  • Style: Traditional
  • Age: 64
  • Listing Class: Residential Income (2-4 Units)
  • Structure Sq Ft: 1638
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1951

Interior Features

  • Kitchen: 220 Volt Outlet, Cooktop - Electric, Cooktop - Gas, Countertop - Tile, Oven Range
  • Living Sq Ft: 1638
  • Stories: 1
  • Laundry: Hookups Only
  • Flooring: Hardwood, Vinyl / Linoleum
  • Additional Rooms: Laundry Room

Exterior Features

  • Foundation: Crawl Space
  • Roof: Composition, Shingle
  • Yard/Grounds: Back Yard, Fenced
  • Construction Type: Wood Frame

Garage/Parking

  • Garage Parking Features: Detached Garage, On Street

Utilities

  • Cooling System: Ceiling Fan
  • Heating System: Wall Furnace
  • Sewer/Septic System: Sewer Connected

Schools

  • School District: San Jose Unified
  • Elementary School: Merritt Trace Elementary
  • Middle School: Herbert Hoover Middle
  • High School: Abraham Lincoln High
  • High School: 347
  • Elementary School: 381
  • Middle School: 340

Lot Info

  • Lot Acres: 0.1750
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 7602.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 7602.00

Rental Info

  • Existing Lease Term(s): Month To Month
  • Gross Rent Multiplier: 23.78
  • Number Of Leased: 2

Multi Family

  • Utilities: Available - Not On Site
  • Expense Insurance: 1031
  • Expense Maintenance: 2000
  • Expenses Total: 6333
  • Expense Trash: 1680
  • Income Annual Gross: 33600.00
  • Income Annual Rental: 33600
  • Income Gross Scheduled: 33600
  • Meters: Master Electric, Master Gas, Master Water
  • Number Of Buildings: 1
  • Operating Expenses Include: Depreciation, Insurance, Maintenance, Services - Trash Removal
  • Tenant Expenses: Rent Only, Utilities - Electric, Utilities - Gas, Utilities - Heating, Utilities - Water

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
10/26/2015 10/26/15 Sold $819,000 +2.5% $500 / Sq Ft
09/16/2015 09/16/15 Pending -- -- --
08/31/2015 08/31/15 For Sale $799,000 -- $488 / 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: ML81512470

MLSListings