NOT LISTED FOR SALE

731 N 3rd St San Jose, CA 95112

Japantown Neighborhood
6 Beds
5 Baths
2,894 Sq Ft
6,965 Sq Ft Lot

Last Sold August 18, 2021

Last sale price $1,800,000 $622 Per Sq Ft

5 Days on Market

Highlights

  • Wood Flooring
  • Attic
  • Skylights in Kitchen
  • Spanish Architecture
  • Balcony
  • Walk-In Closet

About This Home

As of August 2021

An exquisite Spanish duplex located in the sought after Japantown neighborhood. This is your opportunity to own two private units plus a studio with separate entrance. Live in one unit and rent the other two! Each unit features original solid hardwood flooring, beautiful archways and stunning stone surround fireplaces. Unit 1: 3 bedrooms, 2 bathrooms, formal living area, separate dining/family room. Unit 2: 2 large bedrooms, separate studio with ensuite bathroom, family/dining room. Each unit gains access to private secluded balconies and a large veranda for quiet summer evenings entertaining friends. Two basements for extra storage or wine cellars. The front yard has been meticulously landscaped with drought tolerant plants. The backyard offers two separate fenced patio areas with fruit trees. Potential to add an accessory dwelling unit or park your RV. Best commute location with easy access to freeways, airport, light rail. Less than 3 miles to Diridon Station and Google Mega Campus.

Last Agent to Sell the Property

Hayley Dowsing-connolly

Real Estate eBroker Inc License #02004001 Listed on: 07/08/2021

Real Estate eBroker Inc

Last Buyer's Agent

Nevis and Ardizzone Team

Compass License #70010073

Compass

Property Details

Home Type

  • Multi-Family

Year Built

  • 1932

Lot Details

  • 6,965 Sq Ft Lot
  • Fenced
  • Drought Tolerant Landscaping
  • Grass Covered Lot
  • Back Yard

Home Design

  • Duplex
  • Spanish Architecture
  • Tile Roof

Interior Spaces

  • Walk-In Closet
  • 2,894 Sq Ft Home
  • 2-Story Property
  • Skylights in Kitchen
  • Crawl Space
  • Attic

Kitchen

  • Gas Oven
  • Gas Cooktop
  • Range Hood
  • Freezer
  • Ice Maker
  • Dishwasher
  • Kitchen Island
  • Tile Countertops
  • Disposal

Flooring

  • Wood
  • Carpet
  • Laminate
  • Tile

Laundry

  • Laundry Room
  • Washer and Dryer

Parking

  • 2 Parking Spaces
  • No Garage
  • On-Street Parking

Outdoor Features

  • Balcony
  • Shed

Utilities

  • Forced Air Heating System

Listing and Financial Details

  • Total Actual Rent $116,170

Community Details

Overview

Building Details

  • Gardener Expense $1,320
  • Insurance Expense $2,500
  • Maintenance Expense $1,000
  • Utility Expense $4,570
  • Trash Expense $800
  • Operating Expense $23,122
  • Gross Income $116,170

Property Details

Home Type

Multi-Family

Year Built

1932

Lot Details

0

Listing Details

  • Zoning: R2
  • Subclass: Duplex
  • Style: Spanish
  • Age: 89
  • Listing Class: Residential Income (2-4 Units)
  • Structure Sq Ft: 2894
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1932

Interior Features

  • Kitchen: Appliances - Vary By Unit, Cooktop - Gas, Countertop - Tile, Dishwasher, Freezer, Garbage Disposal, Hood Over Range, Ice Maker, Island, Oven Range - Gas, Refrigerator, Skylight
  • Living Sq Ft: 2894
  • Stories: 2
  • Laundry: Washer / Dryer, Washer/Dryer - Some Units
  • Flooring: Carpet, Hardwood, Laminate, Tile
  • Additional Rooms: Attic, Laundry Room, Storage

Exterior Features

  • Foundation: Crawl Space
  • Roof: Tile
  • Yard/Grounds: Back Yard, Balcony / Patio, Drought Tolerant Plants, Fenced, Low Maintenance, Storage Shed / Structure

Garage/Parking

  • Parking Spaces: 2
  • Garage Parking Features: Drive Through, No Garage, On Street, Room For Oversized Vehicle

Utilities

  • Heating System: Central Forced Air
  • Sewer/Septic System: Sewer - Public

Association/Amenities

  • Amenities Miscellaneous: Skylight, Walk-In Closet

Schools

  • School District: San Jose Unified

Lot Info

  • Lot Acres: 0.1599
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 6966.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 6966.00

Rental Info

  • Gross Rent Multiplier: 13.98

Multi Family

  • Utilities: Public Utilities
  • Expense Insurance: 2500
  • Expense Landscape: 1320
  • Expense Maintenance: 1000
  • Expenses Total: 23122
  • Expenses Utility: 4570
  • Expense Trash: 800
  • Income Annual Gross: 116170.00
  • Income Annual Rental: 116170
  • Income Gross Scheduled: 116170
  • Income Includes: Lease, Rents
  • Meters: Separate Electric, Separate Gas, Separate Water
  • Number Of Buildings: 1
  • Operating Expenses Include: Cable Tv, Fee - Property Tax, Insurance, Maintenance, Services - Trash Removal, Utilities
  • Tenant Expenses: Utilities - Electric

Range of Values:

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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
08/18/2021 08/18/21 Sold $1,800,000 +10.8% $622 / Sq Ft
07/14/2021 07/14/21 Pending -- -- --
07/08/2021 07/08/21 For Sale $1,623,882 -- $561 / Sq Ft
Source: MLSListings

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • H

    Seller's Agent in 2021

    Hayley Dowsing-connolly

    Real Estate eBroker Inc

    Section Image

  • N

    Buyer's Agent in 2021

    Nevis and Ardizzone Team

    Compass

    Section Image
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Map

Source: MLSListings

MLS Number: ML81852466

MLSListings

APN: 249-01-046

California Santa Clara County San Jose 95112 Japantown

731 N 3rd St, San Jose, CA

This home is located at 731 N 3rd St, San Jose, CA 95112 since 08 July 2021. This property was built in 1932. 731 N 3rd St is a home located in Santa Clara County with nearby schools including Muwekma Ohlone Middle, San Jose High School, and Walter L. Bachrodt Elementary School.

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