NOT LISTED FOR SALE
4 Beds
4 Baths
2,062 Sq Ft
4,909 Sq Ft Lot

Last Sold June 29, 2018

Last sale price $1,250,000 $606 Per Sq Ft

23 Days on Market

About This Home

As of June 2018

Legal fourplex in Naglee that possibly could be converted to single family home! Located on corner lot of tree lined streets! 1 unit rented currently. 3 units in various stages of complete remodeling. Plans are drawn up and have been approved with the city, permits are pending payment and can be transferred. All units are 1 bed 1 bath. Baths would have stall showers and each unit would include wall mounted heater/AC units and have in-unit laundry.

Last Agent to Sell the Property

Chisholm Gentry

Gentry Real Estate License #01363992 Listed on: 05/22/2018

Last Buyer's Agent

Robert Musallam

Intero Real Estate Services License #01949905

Intero Real Estate Services

Property Details

Home Type

  • Multi-Family

Year Built

  • 1920

Lot Details

  • 4,909

Parking

  • 2 Car Garage
  • Enclosed Parking

Home Design

  • Quadruplex
  • Post and Beam
  • Clay Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 2,062 Sq Ft Home
  • 2-Story Property

Additional Features

  • 4,909 Sq Ft Lot
  • Wall Furnace

Listing and Financial Details

  • Total Actual Rent $12,468

Community Details

Overview

Building Details

  • 1 Leased Unit
  • Insurance Expense $1,300
  • Utility Expense $1,200
  • Trash Expense $150
  • Operating Expense $12,650
  • Gross Income $12,094

Property Details

Home Type

Multi-Family

Year Built

1920

Lot Details

0

Parking

2

Listing Details

  • Zoning: R1
  • Subclass: Fourplex
  • Age: 98
  • Listing Class: Residential Income (2-4 Units)
  • Structure Sq Ft: 2062
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1920

Interior Features

  • Living Sq Ft: 2062
  • Stories: 2

Exterior Features

  • Foundation: Concrete Perimeter, Post And Beam
  • Roof: Clay

Garage/Parking

  • Garage Spaces: 2
  • Parking Spaces: 2
  • Garage Parking Features: Common Parking Area, Enclosed

Utilities

  • Heating System: Wall Furnace
  • Sewer/Septic System: Sewer - Public

Schools

  • School District: San Jose Unified

Lot Info

  • Lot Acres: 0.1127
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 4910.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 4910.00

Rental Info

  • Existing Lease Term(s): Month To Month
  • Gross Rent Multiplier: 100.26
  • Number Of Leased: 1

Multi Family

  • Utilities: Public Utilities
  • Expense Insurance: 1300
  • Expenses Total: 12650
  • Expenses Utility: 1200
  • Expense Trash: 150
  • Income Annual Gross: 12094.00
  • Income Annual Rental: 12468
  • Income Gross Scheduled: 12468
  • Income Includes: Rents
  • Meters: Separate Electric
  • Number Of Buildings: 1
  • Tenant Expenses: Utilities - Electric, Utilities - Gas
  • Vacancy Factor: 3

Range of Values:

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Average Value
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List Price
Sold Price
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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 Prior Sale
06/29/2018 06/29/18 Sold $1,250,000 0.0% $606 / Sq Ft
06/15/2018 06/15/18 Pending -- -- --
05/22/2018 05/22/18 For Sale $1,250,000 +21.4% $606 / Sq Ft
06/15/2017 06/15/17 Sold $1,030,000 -14.1% $500 / Sq Ft View Prior Sale
04/24/2017 04/24/17 Pending -- -- --
01/27/2017 01/27/17 For Sale $1,199,000 0.0% $581 / Sq Ft
01/09/2017 01/09/17 Pending -- -- --
09/16/2016 09/16/16 For Sale $1,199,000 -- $581 / 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: ML81706795

MLSListings

APN: 467-28-049