$1,549,000
SOLD SEP 4, 2015

715 Hope St Mountain View, CA 94041

2 Beds
2 Baths
1,296 Sq Ft
4,792 Sq Ft Lot

Recently Sold

$1,195 Per Sq Ft

3% Below List Price

29 Days on Market

Highlights

  • Downtown View
  • Wood Flooring
  • 2 Car Attached Garage
  • Edith Landels Elementary School Rated A
  • Spanish Architecture
  • 4-minute walk to Pioneer Memorial Park

About This Home

As of December 2020

This wonderfully charming Duplex leads with the No.1 rule in Real Estate. Location, Location, Location. Just one short block from Castro Street this property provides potential occupants with quick and easy access to shops, restaurants and numerous tech and start up companies. Each 1br/1ba side features individual garages, hardwood flooring, large and comfortable Living Rooms. A newly installed roof and paver driveway, upgraded main electric panels and potential laundry hookups secure this investment

Last Agent to Sell the Property

Dave Keefe

Keller Williams Thrive License #01352506 Listed on: 06/18/2015

Keller Williams Thrive

Last Buyer's Agent

Hanh Quach

Intero Real Estate Services License #01062257

Intero Real Estate Services

Property Details

Home Type

  • Multi-Family

Year Built

  • 1940

Lot Details

  • Level Lot

Parking

  • 2 Car Attached Garage

Home Design

  • Duplex
  • Spanish Architecture
  • Wood Frame Construction
  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,296 Sq Ft Home
  • 1-Story Property
  • Downtown Views
  • Washer and Dryer Hookup

Kitchen

  • Gas Oven
  • Tile Countertops

Flooring

  • Wood
  • Laminate
  • Vinyl

Utilities

  • Floor Furnace
  • Separate Meters
  • Individual Gas Meter

Listing and Financial Details

  • Total Actual Rent $78,125

Community Details

Overview

Building Details

  • Gardener Expense $300
  • Insurance Expense $1,400
  • Utility Expense $2,400
  • Operating Expense $23,767
  • Gross Income $77,344

Property Details

Home Type

Multi-Family

Year Built

1940

Lot Details

0

Parking

2

Listing Details

  • Zoning: R2
  • Subclass: Duplex
  • Style: Spanish
  • Age: 75
  • Listing Class: Residential Income (2-4 Units)
  • Structure Sq Ft: 1296
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1940

Interior Features

  • Kitchen: Countertop - Tile, Oven Range - Gas
  • Living Sq Ft: 1296
  • Stories: 1
  • Security: Varies By Unit
  • Laundry: Hookups Only
  • Flooring: Hardwood, Laminate, Vinyl / Linoleum

Exterior Features

  • Foundation: Concrete Perimeter
  • Roof: Composition
  • View: Downtown
  • Construction Type: Wood Frame

Garage/Parking

  • Garage Spaces: 2
  • Parking Spaces: 2
  • Garage Parking Features: Attached Garage

Utilities

  • Heating System: Floor Furnace
  • Sewer/Septic System: Sewer Connected

Schools

  • School District: Mountain View-Los Altos Union High
  • Elementary School: Edith Landels Elementary
  • Middle School: Isaac Newton Graham Middle
  • High School: Mountain View High
  • High School: 266
  • Elementary School: 166
  • Middle School: 163

Lot Info

  • Lot Description: Grade - Level
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 5050.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 5050.00

Rental Info

  • Existing Lease Term(s): Building Vacant
  • Gross Rent Multiplier: 20.47

Multi Family

  • Utilities: Individual Electric Meters, Individual Gas Meters
  • Expense Insurance: 1400
  • Expense Landscape: 300
  • Expenses Total: 23767
  • Expenses Utility: 2400
  • Income Annual Gross: 77344.00
  • Income Annual Rental: 78125
  • Income Gross Scheduled: 78125
  • Income Includes: Rents
  • Meters: Master Water, Separate Electric, Separate Gas
  • Number Of Buildings: 1
  • Operating Expenses Include: Utilities - Water
  • Tenant Expenses: Utilities - Electric, Utilities - Gas
  • Vacancy Factor: 1

Range of Values:

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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 Change Sq Ft Price
12/16/2020 12/16/20 Sold $1,600,000 0.0% $1,235 / Sq Ft
10/19/2020 10/19/20 Pending -- -- --
10/14/2020 10/14/20 Price Changed $1,600,000 -2.7% $1,235 / Sq Ft
09/23/2020 09/23/20 Price Changed $1,645,000 -3.1% $1,269 / Sq Ft
08/24/2020 08/24/20 Price Changed $1,698,000 -2.9% $1,310 / Sq Ft
07/28/2020 07/28/20 For Sale $1,749,500 +12.9% $1,350 / Sq Ft
09/04/2015 09/04/15 Sold $1,549,000 0.0% $1,195 / Sq Ft
09/04/2015 09/04/15 Sold $1,549,000 +0.6% $1,195 / Sq Ft
07/17/2015 07/17/15 Pending -- -- --
07/17/2015 07/17/15 Pending -- -- --
07/15/2015 07/15/15 Price Changed $1,539,000 -3.8% $1,188 / Sq Ft
07/10/2015 07/10/15 For Sale $1,599,000 0.0% $1,234 / Sq Ft
06/18/2015 06/18/15 For Sale $1,599,000 -- $1,234 / 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: ML81470973

MLSListings

APN: 158-09-036