NOT LISTED FOR SALE

7230 Forest St Gilroy, CA 95020

5 Beds
-- Bath
1,782 Sq Ft
7,841 Sq Ft Lot

Last Sold September 11, 2012

Last sale price $387,000 $217 Per Sq Ft

67 Days on Market

About This Home

As of September 2012

3 bedroom and 2 bedroom units. Long term tenants, rents are low. original owner. Units have 1 car garage with washer , dryer hook-ups. Tenants pay all utilites, water and garbage. Each unit has fenced backyard. Please make offers subject to inspection. Property is free & clear.

Last Agent to Sell the Property

Chris Ordaz

Chris Ordaz, Broker License #00866911 Listed on: 05/15/2012

Chris Ordaz, Broker

Last Buyer's Agent

Chris Ordaz

Chris Ordaz, Broker License #00866911 Listed on: 05/15/2012

Chris Ordaz, Broker

Property Details

Home Type

  • Multi-Family

Year Built

  • 1977

Lot Details

  • 7,841

Parking

  • Private Parking

Home Design

  • 1,782 Sq Ft Home
  • Duplex
  • Slab Foundation
  • Composition Roof

Flooring

  • Carpet
  • Vinyl

Utilities

  • Wall Furnace
  • Sewer Within 50 Feet

Additional Features

  • Laundry in Garage
  • Energy-Efficient Insulation

Listing and Financial Details

  • Total Actual Rent $28,800

Community Details

Overview

  • 1,782 Sq Ft Building

Building Details

  • Insurance Expense $2,000
  • Operating Expense $3,022
  • Gross Income $28,800

Property Details

Home Type

Multi-Family

Year Built

1977

Lot Details

0

Listing Details

  • Zoning: R2
  • Subclass: Duplex
  • Age: 35
  • Inspections Reports: Fault Zone, Flood Zone
  • Sale Price Per Sq Ft: 217.17
  • Listing Class: Residential Income (2-4 Units)
  • Max Numberof Unitsin Complex: 2
  • Min Numberof Unitsin Complex: 2
  • Structure Sq Ft: 1782
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1977

Interior Features

  • Living Sq Ft: 1782
  • Laundry: In Garage
  • Flooring: Carpet - Wall To Wall, Vinyl / Linoleum, Carpet

Exterior Features

  • Foundation: Concrete Slab
  • Roof: Composition
  • View: Local/Neighborhood

Garage/Parking

  • Garage Parking Features: Private / Exclusive

Utilities

  • Heating System: Wall Furnace
  • Sewer/Septic System: Sewer In Street, Sewer Connected

Schools

  • School District: Gilroy Unified

Lot Info

  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 8100.00
  • Lot Size Area Maximum Units: Square Feet
  • Lot Size Area Max Search: 8100.00
  • Lot Size Area Min Search: 8100.00
  • Maximum Lot Size: 8100.00

Green Features

  • Energy Features: Insulation - Unknown

Rental Info

  • Existing Lease Term(s): Month To Month
  • Gross Rent Multiplier: 13.89

Multi Family

  • Expense Insurance: 2000
  • Expenses Total: 3022
  • Income Annual Gross: 28800.00
  • Income Annual Rental: 28800
  • Income Gross Scheduled: 28800
  • Income Includes: Lease
  • Meters: Separate Electric, Separate Gas, Separate Water
  • Number Of Buildings: 1
  • Operating Expenses Include: Fee - Property Tax
  • Tenant Expenses: Utilities - Gas, Utilities - Water, Utilities - Heating, Utilities - Electric, Services - Trash Removal

Range of Values:

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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
09/11/2012 09/11/12 Sold $387,000 -3.2% $217 / Sq Ft
07/21/2012 07/21/12 Pending -- -- --
05/15/2012 05/15/12 For Sale $399,900 -- $224 / 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: ML81218234

MLSListings

APN: 841-11-051