NOT LISTED FOR SALE

710 Dempsey Rd Milpitas, CA 95035

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

Sale Details

Date 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

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
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

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
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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