NOT LISTED FOR SALE

710 Dempsey Rd Milpitas, CA 95035

9 Beds
7 Baths
3,574 Sq Ft
9,692 Sq Ft

Last Sold October 26, 2022

Last sale price $1,450,000 $406 Per Sq Ft

7 Days on Market

Highlights

  • 6 Car Attached Garage
  • Forced Air Heating System
  • 4-minute walk to Creighton Park
  • Alexander Rose Elementary School Rated A-

About This Home

As of October 2022

Rare Milpitas Triplex with a wonderful opportunity for investment! Triplex features (2) 3 bedroom/2 bath/2 car garage units with identical floor plans, (1) owner unit has 3 bed/2.5 bath/ 2 car garage, this unit is great for owner occupy *** Large back yard, possible for ADU *** Roof is only around 3 years old according to the seller *** The Triplex is centrally located in the Heart of Milpitas, just minutes to Great Mall and McCarthy Ranch for shopping *** Close proximity to major technology hub in California's Bay Area ** * Easy access to 680,237 and 880 makes this an excellent investment for future appreciation***

Last Agent to Sell the Property

Truman Nhu

CENTURY 21 Masters License #01110101 Listed on: 09/27/2022

CENTURY 21 Masters

Co-Listed By

Alexia Judy Nguyen

CENTURY 21 Masters License #01262272

Last Buyer's Agent

Larry Le

PHP Group, Inc License #01278409

Property Details

Home Type

  • Multi-Family

Year Built

  • 1977

Lot Details

  • 9,692

Parking

  • 6 Car Attached Garage

Home Design

  • Triplex
  • Slab Foundation
  • Composition Roof

Interior Spaces

  • 3,574 Sq Ft Home
  • 2-Story Property
  • Washer and Dryer Hookup

Additional Features

  • 9,692 Sq Ft Lot
  • Forced Air Heating System

Listing and Financial Details

  • Total Actual Rent $33,000

Community Details

Overview

Building Details

  • 2 Leased Units
  • Gardener Expense $600
  • Insurance Expense $1,200
  • Maintenance Expense $1,200
  • Utility Expense $1,500
  • Trash Expense $2,000
  • Operating Expense $26,400
  • Gross Income $32,340

Property Details

Home Type

Multi-Family

Year Built

1977

Lot Details

9,692 Sq Ft Lot

Parking

6

Listing Details

  • Zoning: R3
  • Subclass: Triplex
  • Listing Class: Residential Income (2-4 Units)
  • Structure Sq Ft: 3574
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1977

Interior Features

  • Living Sq Ft: 3574
  • Stories: 2
  • Laundry: Hookups Only

Exterior Features

  • Foundation: Concrete Slab
  • Roof: Composition

Garage/Parking

  • Garage Spaces: 6
  • Garage Parking Features: Attached Garage

Utilities

  • Heating System: Forced Air
  • Sewer/Septic System: Sewer Connected

Lot Info

  • Lot Acres: 0.2225
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 9691.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 9691.00

Rental Info

  • Existing Lease Term(s): 1 Year Lease
  • Gross Rent Multiplier: 48.45
  • Number Of Leased: 2

Multi Family

  • Utilities: Public Utilities
  • Expense Insurance: 1200
  • Expense Landscape: 600
  • Expense Maintenance: 1200
  • Expenses Total: 26400
  • Expenses Utility: 1500
  • Expense Trash: 2000
  • Income Annual Gross: 32340.00
  • Income Annual Rental: 33000
  • Income Gross Scheduled: 33000
  • Income Includes: Rents
  • Meters: Master Water, Separate Electric, Separate Gas
  • Number Of Buildings: 1
  • Operating Expenses Include: Fee - Property Tax, Maintenance, Services - Gardener, Services - Sewer, Services - Trash Removal, Utilities - Water, Vacancy Factor
  • Tenant Expenses: Utilities - Electric, Utilities - Heating, Utilities - Hot Water
  • Vacancy Factor: 2
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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 List to Sale Price per Sq Ft
10/26/2022 10/26/22 Sold $1,450,000 -9.3% $406 / Sq Ft
10/05/2022 10/05/22 Pending -- -- --
09/27/2022 09/27/22 For Sale $1,599,000 -- $447 / Sq Ft
Source: MLSListings

Tax History

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
2025 $17,208 $1,508,580 $1,144,440 $364,140
2024 $17,208 $1,479,000 $1,122,000 $357,000
2023 $17,156 $1,450,000 $1,100,000 $350,000
2022 $5,606 $448,810 $134,473 $314,337
2021 $5,526 $440,011 $131,837 $308,174
2020 $5,431 $435,501 $130,486 $305,015
2019 $5,372 $426,963 $127,928 $299,035
2018 $5,108 $418,592 $125,420 $293,172
2017 $5,044 $410,385 $122,961 $287,424
2016 $4,841 $402,339 $120,550 $281,789
2015 $4,792 $396,297 $118,740 $277,557
2014 $4,658 $388,536 $116,415 $272,121
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81908603

MLSListings

APN: 088-31-066

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