NOT LISTED FOR SALE
8 Beds
4 Baths
2,772 Sq Ft
6,665 Sq Ft Lot

Last Sold September 09, 2015

Last sale price $1,360,000 $491 Per Sq Ft

12 Days on Market

Highlights

  • Granite Flooring
  • Deck
  • Shed
  • Fremont High School Rated A
  • Granite Countertops
  • Washer and Dryer

About This Home

As of September 2015

Great Investor Opportunity! Centrally located with easy access to high tech, restaurants, shopping and freeways. Rents are well under market with excellent upside potential. Solid, long term tenants with month to month leases. One unit currently vacant with new carpet, paint, fixtures, granite counter tops. Easy to rent. Extremely low vacancy. Listing agent has all reports. PLEASE DO NOT DISTURB TENANTS.

Last Agent to Sell the Property

Scott Poncetta

KW Bay Area Estates License #01497030 Listed on: 08/13/2015

KW Bay Area Estates

Last Buyer's Agent

Lily Miao

Slava Real Estate, Inc. License #01378422

Property Details

Home Type

  • Multi-Family

Year Built

  • 1961

Lot Details

  • 6,665 Sq Ft Lot
  • Mostly Level
  • Grass Covered Lot

Parking

  • 4 Carport Spaces

Home Design

  • Quadruplex
  • Wood Frame Construction
  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 2,772 Sq Ft Home
  • 2-Story Property
  • Washer and Dryer

Kitchen

  • Electric Oven
  • Electric Cooktop
  • Granite Countertops
  • Formica Countertops

Flooring

  • Carpet
  • Granite
  • Tile
  • Vinyl

Outdoor Features

  • Deck
  • Shed

Utilities

  • Cooling System Mounted To A Wall/Window
  • Wall Furnace
  • Separate Meters
  • Individual Gas Meter

Listing and Financial Details

  • Total Actual Rent $61,080

Community Details

Overview

Building Details

  • 3 Leased Units
  • Insurance Expense $1,842
  • Maintenance Expense $1,600
  • Other Expense $2,235
  • Utility Expense $1,371
  • Trash Expense $3,198
  • Operating Expense $12,387
  • Gross Income $63,631

Property Details

Home Type

Multi-Family

Year Built

1961

Lot Details

0

Listing Details

  • Zoning: R3
  • Subclass: Fourplex
  • Age: 54
  • Listing Class: Residential Income (2-4 Units)
  • Structure Sq Ft: 2772
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1961

Interior Features

  • Kitchen: Cooktop - Electric, Countertop - Formica, Countertop - Granite, Oven Range - Electric, Refrigerator
  • Living Sq Ft: 2772
  • Stories: 2
  • Laundry: Washer / Dryer
  • Flooring: Carpet, Granite, Tile, Vinyl / Linoleum

Exterior Features

  • Foundation: Concrete Perimeter, Concrete Perimeter And Slab
  • Roof: Composition
  • Yard/Grounds: Deck, Low Maintenance, Storage Shed / Structure
  • Construction Type: Wood Frame

Garage/Parking

  • Garage Parking Features: Carport
  • Carport Min: 4

Utilities

  • Cooling System: Window / Wall Unit
  • Heating System: Wall Furnace
  • Sewer/Septic System: Sewer Connected

Schools

  • School District: Fremont Union High

Lot Info

  • Lot Description: Grade - Mostly Level
  • Lot Acres: 0.1530
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 6682.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 6682.00

Rental Info

  • Existing Lease Term(s): Month To Month, Security Deposit
  • Gross Rent Multiplier: 17.21
  • Number Of Leased: 3

Multi Family

  • Utilities: Individual Electric Meters, Individual Gas Meters
  • Expense Insurance: 1842
  • Expense Maintenance: 1600
  • Expenses Other: 2235
  • Expenses Total: 12387
  • Expenses Utility: 1371
  • Expense Trash: 3198
  • Income Annual Gross: 63631.00
  • Income Annual Rental: 61080
  • Income Gross Scheduled: 63631
  • Income Includes: Laundry
  • Income Other: 2551
  • Meters: Separate Gas
  • Number Of Buildings: 1
  • Operating Expenses Include: Insurance, Maintenance - Laundry, Maintenance - Repair, Services - Sewer, Services - Trash Removal, Utilities - Electric
  • Tenant Expenses: Utilities - Electric, Utilities - Gas, 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
09/09/2015 09/09/15 Sold $1,360,000 +24.2% $491 / Sq Ft
08/26/2015 08/26/15 Pending -- -- --
08/13/2015 08/13/15 For Sale $1,095,000 -- $395 / 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: ML81499758

MLSListings

APN: 205-17-054