NOT LISTED FOR SALE

73 S 7th St San Jose, CA 95112

Sun Neighborhood
7 Beds
2 Baths
2,436 Sq Ft
9,727 Sq Ft Lot

Last Sold August 28, 2023

Last sale price $1,400,000 $575 Per Sq Ft

57 Days on Market

Highlights

  • 5 Car Detached Garage
  • Secured Garage or Parking
  • Forced Air Heating System

About This Home

As of August 2023

This multifamily apartment portfolio, consists of (3) Iconic Properties: Ivy Hall, Dorchester mansion and The Duplex Manor. 279 E San Fernando (Ivy Hall) consists of (17) Single Room Occupancy Bedrooms (SROs). 295 E San Fernando (Dorchester Mansion) consists of (1) 2 Bed 1 Bath (9) 1 Bed 1 Bath (5) Studios and (1) 4 Bed 1.5 Bed Single Family House. 73 S 7th St (Duplex Mansion) consists of (1) 4 Bed 1 Bath (1) 3 Bed 1 Bath Units. The portfolio is located across the street from San Jose State University and down the street from Downtown San Jose. The four buildings are iconic to the city of San Jose with a pride of ownership corner lot.

Last Agent to Sell the Property

Dusty Blackman

Compass License #01999734 Listed on: 06/28/2023

Compass

Co-Listed By

Jodene Collings Hayes

Compass License #01962093

Last Buyer's Agent

Henry Yang

Henry Yang, Broker License #01337046

Property Details

Home Type

  • Multi-Family

Year Built

  • 1898

Lot Details

  • 9,727 Sq Ft Lot

Home Design

  • Duplex
  • Brick Foundation
  • Shingle Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 2,436 Sq Ft Home
  • 2-Story Property
  • Crawl Space

Parking

  • 5 Car Detached Garage
  • Secured Garage or Parking
  • Assigned Parking

Utilities

  • Forced Air Heating System
  • Separate Meters
  • Individual Gas Meter
  • Private Sewer

Listing and Financial Details

  • Total Actual Rent $86,340

Community Details

Overview

Building Details

  • 2 Leased Units
  • Insurance Expense $1,905
  • Maintenance Expense $600
  • Manager Expense $3,350
  • Other Expense $1,836
  • Utility Expense $2,570
  • Trash Expense $696
  • Operating Expense $27,221
  • Gross Income $83,750

Property Details

Home Type

Multi-Family

Year Built

1898

Lot Details

0

Listing Details

  • Zoning: RM
  • Subclass: Duplex
  • Age: 125
  • Listing Class: Residential Income (2-4 Units)
  • Structure Sq Ft: 2436
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1898

Interior Features

  • Living Sq Ft: 2436
  • Stories: 2
  • Security: Secured Garage / Parking

Exterior Features

  • Foundation: Brick, Concrete Perimeter, Crawl Space
  • Roof: Shingle

Garage/Parking

  • Parking Spaces: 5
  • Garage Parking Features: Assigned Spaces, Detached Garage

Utilities

  • Heating System: Electric, Forced Air
  • Sewer/Septic System: Sewer - Private

Schools

  • School District: San Jose Unified

Lot Info

  • Lot Acres: 0.2233
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 9725.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 9725.00

Rental Info

  • Existing Lease Term(s): 1 Year Lease
  • Gross Rent Multiplier: 16.21
  • Number Of Leased: 2

Multi Family

  • Utilities: Individual Electric Meters, Individual Gas Meters
  • Expense Insurance: 1905
  • Expense Maintenance: 600
  • Expense Management: 3350
  • Expenses Other: 1836
  • Expenses Total: 27221
  • Expenses Utility: 2570
  • Expense Trash: 696
  • Income Annual Gross: 83750.00
  • Income Annual Rental: 86340
  • Income Gross Scheduled: 86340
  • Income Includes: Rents
  • Meters: Master Water, Separate Electric, Separate Gas
  • Number Of Buildings: 1
  • Operating Expenses Include: Fee - Property Management, Fee - Property Tax, Insurance, Maintenance - Repair, Services - Sewer, Services - Trash Removal, Utilities - Water
  • Tenant Expenses: Fee - Parking, 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 Change Sq Ft Price
08/28/2023 08/28/23 Sold $1,400,000 0.0% $575 / Sq Ft
08/25/2023 08/25/23 Pending -- -- --
06/28/2023 06/28/23 For Sale $1,400,000 -- $575 / Sq Ft
Source: MLSListings

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2023

    Dusty Blackman

    Compass

    (253) 797-7126

    11 in this area

    86 Total Sales

    Dusty Blackman
    Section Image
  • Jodene Collings Hayes

    Seller Co-Listing Agent in 2023

    Jodene Collings Hayes

    Compass

    (425) 238-3898

    10 in this area

    90 Total Sales

    Jodene Collings Hayes
    Section Image

  • H

    Buyer's Agent in 2023

    Henry Yang

    Henry Yang, Broker

    (408) 896-4120

    3 in this area

    4 Total Sales

    Henry Yang
    Section Image
See All Agents

Map

Source: MLSListings

MLS Number: ML81933440

MLSListings

APN: 467-24-025

California Santa Clara County San Jose 95112 Sun

73 S 7th St, San Jose, CA

This home is located at 73 S 7th St, San Jose, CA 95112 since 28 June 2023. This property was built in 1898. 73 S 7th St is a home located in Santa Clara County with nearby schools including Horace Mann Elementary School, Herbert Hoover Middle School, and Abraham Lincoln High.

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