NOT LISTED FOR SALE
7 Beds
2 Baths
2,436 Sq Ft
9,727 Sq Ft Lot

Sale Details

Date 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

Ray Rodriguez

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

Compass

Co-Listed By

Tony Zizzo

Compass License #01962093

Last Buyer's Agent

Henry Yang

Henry Yang, Broker License #01337046

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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

9,727 Sq Ft Lot

Listing Details

  • Zoning: RM
  • Subclass: Duplex
  • 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

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

Ownership 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 Name Owned For Owner Type

Purchase Details

Closed on
Mar 20, 2026
Sold by
Lin And Liang Real Estate Holdings Llc
Bought by

Purchase Details

Listed on
Jun 28, 2023
Closed on
Aug 21, 2023
Sold by
75 Duplex Manor Real Estate Investments
Bought by
Lin & Liang R/E Holdings Llc
Seller's Agent
Ray Rodriguez
Compass
Buyer's Agent
Henry Yang
Henry Yang, Broker
List Price
$1,400,000
Sold Price
$1,400,000
Views
139

Purchase Details

Closed on
Aug 10, 2015
Sold by
S 7Th St Fjd Llc
Bought by
75 Duplex Manor Real Estate Investments

Purchase Details

Closed on
Mar 14, 2008
Sold by
Jacqueline E Balbiani Living Trust
Bought by
Delave Real Estate Investments Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
6.04%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 3, 1988
Sold by
Balbiani Jacqueline
Bought by
Balbiani Jacqueline E and The Jacqueline E Balbiani Livi
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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Purchase 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 Buyer Sale Price Title Company
-- First American Title Insurance
Lin & Liang R/E Holdings Llc $1,400,000 Chicago Title
75 Duplex Manor Real Estate Investments $400,000 Chicago Title Company
Delave Real Estate Investments Llc $655,000 Chicago Title Co
Balbiani Jacqueline E -- --
Source: Public Records

Mortgage 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 Status Borrower Loan Amount
Previous Owner $500,000
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
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

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
2026 $18,348 $1,456,560 $1,196,460 $260,100
2025 $17,218 $1,428,000 $1,173,000 $255,000
2024 $17,218 $1,400,000 $1,150,000 $250,000
2023 $11,975 $944,394 $671,318 $273,076
2022 $11,893 $925,877 $658,155 $267,722
2021 $11,671 $907,723 $645,250 $262,473
2020 $11,480 $898,416 $638,634 $259,782
2019 $11,263 $880,801 $626,112 $254,689
2018 $11,167 $863,532 $613,836 $249,696
2017 $11,083 $846,600 $601,800 $244,800
2016 $10,897 $830,000 $590,000 $240,000
2015 $11,246 $852,468 $601,101 $251,367
2014 -- $835,771 $589,327 $246,444
Source: Public Records

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Map

Source: MLSListings

MLS Number: ML81933440

MLSListings

APN: 467-24-025

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