NOT LISTED FOR SALE
4 Beds
4 Baths
2,520 Sq Ft
4,317 Sq Ft Lot

Sale Details

Date Sold: August 31, 2019

Last sale price $1,360,000 $540 Per Sq Ft

10 Days on Market

About This Home

As of August 2019

Excellent 4plex rental incomes in prime downtown location being blocks away from San Jose State University. Moments to future Google Campus, Diridon Station, future BART station and freeways. Partial remodeled, new roof and exterior paint. Fully Rents at $6910/month.

Last Agent to Sell the Property

Alan Nguyen

Infinite Investment Realty Corporation License #01846147 Listed on: 08/09/2019

Last Buyer's Agent

Wendy Chan

WEM Pacific Investment Inc. License #01979091

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Property Details

Home Type

  • Multi-Family

Year Built

  • 1912

Lot Details

  • 4,317 Sq Ft Lot

Parking

  • 4 Parking Spaces

Home Design

  • Quadruplex
  • Shingle Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 2,520 Sq Ft Home
  • 2-Story Property

Listing and Financial Details

  • Total Actual Rent $82,920

Community Details

Overview

Building Details

  • 4 Leased Units
  • Gardener Expense $720
  • Insurance Expense $1,500
  • Manager Expense $6,633
  • Utility Expense $1,000
  • Operating Expense $25,605
  • Gross Income $82,920

Property Details

Home Type

Multi-Family

Year Built

1912

Lot Details

4,317 Sq Ft Lot

Listing Details

  • Zoning: CN
  • Subclass: Fourplex
  • Listing Class: Residential Income (2-4 Units)
  • Structure Sq Ft: 2520
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1912

Interior Features

  • Living Sq Ft: 2520
  • Stories: 2

Exterior Features

  • Foundation: Concrete Perimeter
  • Roof: Shingle

Garage/Parking

  • Parking Spaces: 4
  • Garage Parking Features: Parking Area

Utilities

  • Sewer/Septic System: Sewer - Public

Lot Info

  • Lot Acres: 0.0991
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 4318.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 4318.00

Rental Info

  • Existing Lease Term(s): Lease(s)
  • Gross Rent Multiplier: 16.70
  • Number Of Leased: 4

Multi Family

  • Utilities: Public Utilities
  • Expense Insurance: 1500
  • Expense Landscape: 720
  • Expense Management: 6633
  • Expenses Total: 25605
  • Expenses Utility: 1000
  • Income Annual Gross: 82920.00
  • Income Annual Rental: 82920
  • Income Gross Scheduled: 82920
  • Income Includes: Rents
  • Meters: Separate Electric, Separate Gas, Separate Water
  • Number Of Buildings: 1
  • Tenant Expenses: Rent Only

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 9, 2019
Closed on
Aug 28, 2019
Sold by
Bought by
Seller's Agent
Alan Nguyen
Infinite Investment Realty Corporation
Buyer's Agent
Wendy Chan
WEM Pacific Investment Inc.
List Price
$1,385,000
Sold Price
$1,360,000
Premium/Discount to List
-$25,000
-1.81%

Purchase Details

Listed on
Jul 2, 2018
Closed on
Jul 23, 2018
Sold by
Bought by
Seller's Agent
Joel Hopman
Newmark Cornish & Carey
Buyer's Agent
Justin Bautista
Newmark Cornish & Carey
List Price
$1,000,000
Sold Price
$1,150,000
Premium/Discount to List
$150,000
15%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
17.87%
Original Mortgage
$920,000
Interest Rate
4.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 7, 2013
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$387,100
Interest Rate
3.28%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 11, 2010
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,075
Interest Rate
5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 8, 2005
Sold by
Bought by

Purchase Details

Closed on
Jan 8, 2004
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$368,000
Interest Rate
3.59%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 26, 1999
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$276,000
Interest Rate
6.79%

Purchase Details

Closed on
Feb 5, 1998
Sold by
Bought by

Purchase Details

Closed on
Dec 3, 1997
Sold by
Bought by

Purchase Details

Closed on
Jan 15, 1997
Sold by
Bought by

Purchase Details

Closed on
May 25, 1995
Sold by
Bought by
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$1,360,000 Usa National Title
$1,150,000 First American Title Co
-- Orange Coast Title
-- Orange Coast Title
-- Orange Coast Title
-- Accommodation
-- --
$460,000 Chicago Title
$345,000 Old Republic Title Company
$275,000 --
$275,000 All Cal Title Company
$190,000 All Cal Title Company
-- --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Previous Owner $920,000
Previous Owner $387,100
Previous Owner $400,075
Previous Owner $392,000
Previous Owner $368,000
Previous Owner $322,700
Previous Owner $276,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/31/2019 08/31/19 Sold $1,360,000 -1.8% $540 / Sq Ft
08/20/2019 08/20/19 Pending -- -- --
08/09/2019 08/09/19 For Sale $1,385,000 +20.4% $550 / Sq Ft
08/24/2018 08/24/18 Sold $1,150,000 +15.0% $456 / Sq Ft View Prior Sale
07/06/2018 07/06/18 Pending -- -- --
07/02/2018 07/02/18 For Sale $1,000,000 -- $397 / Sq Ft
Source: MLSListings

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2026 $20,029 $1,517,101 $1,026,275 $490,826
2025 $18,835 $1,487,354 $1,006,152 $481,202
2024 $18,835 $1,458,191 $986,424 $471,767
2023 $18,453 $1,429,600 $967,083 $462,517
2022 $18,321 $1,401,570 $948,121 $453,449
2021 $17,956 $1,374,089 $929,531 $444,558
2020 $17,669 $1,360,000 $920,000 $440,000
2019 $15,191 $1,150,000 $710,000 $440,000
2018 $11,589 $724,739 $374,866 $349,873
2017 $11,462 $710,529 $367,516 $343,013
2016 $11,207 $696,598 $360,310 $336,288
2015 $11,105 $686,135 $354,898 $331,237
2014 $9,385 $650,000 $340,000 $310,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81763948

MLSListings

APN: 472-17-064

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