NOT LISTED FOR SALE
8 Beds
-- Bath
4,129 Sq Ft
7,405 Sq Ft Lot

Last Sold December 27, 2013

Last sale price $1,082,250 $262 Per Sq Ft

46 Days on Market

Highlights

  • Balcony
  • Easterbrook Discovery Rated A
  • Carpet

About This Home

As of December 2013

TFT, no fault of Seller. Termite Report Section 1 damage: $8,405. Big 4-plex, 4,129 sq ft. (1) 3/2, (2) 2/1.5 and (1) 1/1. Rents far below market. Excellent west San Jose neighborhood. Private garages, corner lot. Located across the street from Harker Middle School. Built in 1970.

Last Agent to Sell the Property

Christian Losness

Losness Investment Real Estate Corp License #01506985 Listed on: 09/16/2013

Last Buyer's Agent

Peyman Aleagha

RealtySoft.com

Property Details

Home Type

  • Multi-Family

Year Built

  • 1970

Lot Details

  • 7,405

Parking

  • Private Parking

Home Design

  • Quadruplex
  • Composition Roof

Interior Spaces

  • 4,129 Sq Ft Home
  • 2-Story Property
  • Carpet
  • Oven or Range

Outdoor Features

  • Balcony

Utilities

  • Wall Furnace
  • Not Connected to Sewer

Listing and Financial Details

  • Total Actual Rent $55,920
  • The owner pays for electric, garbage, services - gardener/landscaping

Community Details

Overview

  • 4,129 Sq Ft Building

Building Details

  • Gardener Expense $1,200
  • Insurance Expense $1,200
  • Other Expense $452
  • Utility Expense $2,880
  • Operating Expense $13,762
  • Gross Income $53,808

Property Details

Home Type

Multi-Family

Year Built

1970

Lot Details

0

Listing Details

  • Zoning: R3
  • Subclass: Fourplex
  • Age: 43
  • Inspections Reports: Flood Zone
  • Sale Price Per Sq Ft: 262.11
  • Listing Class: Residential Income (2-4 Units)
  • Max Numberof Unitsin Complex: 4
  • Min Numberof Unitsin Complex: 4
  • Structure Sq Ft: 4129
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1970

Interior Features

  • Kitchen: Oven Range, Refrigerator
  • Living Sq Ft: 4129
  • Stories: 2
  • Laundry: Washer/Dryer - Leased Coin-Op
  • Flooring: Carpet, Varies By Unit

Exterior Features

  • Roof: Composition
  • Yard/Grounds: Balcony / Patio

Garage/Parking

  • Garage Parking Features: Private / Exclusive, Spaces Per Unit - 1

Utilities

  • Heating System: Wall Furnace
  • Sewer/Septic System: Sewer Not Connected

Schools

  • School District: Campbell Union High

Lot Info

  • Lot Location: Corner
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 7475.00
  • Lot Size Area Maximum Units: Square Feet
  • Lot Size Area Max Search: 7475.00
  • Lot Size Area Min Search: 7475.00
  • Maximum Lot Size: 7475.00

Rental Info

  • Existing Lease Term(s): Month To Month
  • Gross Rent Multiplier: 20.30

Multi Family

  • Expense Insurance: 1200
  • Expense Landscape: 1200
  • Expenses Other: 452
  • Expenses Total: 13762
  • Expenses Utility: 2880
  • Income Annual Gross: 53808.00
  • Income Annual Rental: 55920
  • Income Gross Scheduled: 56640
  • Income Includes: Laundry, Lease
  • Income Laundry: 720
  • Maximum Building Height: 2
  • Meters: Separate Electric, Separate Gas, Master Water
  • Minimum Building Height: 2
  • Number Of Buildings: 1
  • Operating Expenses Include: Utilities - Electric, Services - Trash Removal, Services - Gardener, Insurance, Fee - Property Tax, Vacancy Factor, Utilities - Water
  • Owner Pays: Electric, Garbage, Services - Gardener/Landscaping
  • Tenant Expenses: Utilities - Gas, Cable Tv, Utilities - Electric
  • Vacancy Amount: 2832
  • 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
12/27/2013 12/27/13 Sold $1,082,250 -5.9% $262 / Sq Ft
11/01/2013 11/01/13 Pending -- -- --
09/16/2013 09/16/13 For Sale $1,150,000 -- $279 / 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: ML81334266

MLSListings

APN: 299-38-065