NOT LISTED FOR SALE

735 Teresi Ct San Jose, CA 95117

Castlemont Neighborhood
7 Beds
4 Baths
2,776 Sq Ft
7,288 Sq Ft Lot

Last Sold September 23, 2021

Last sale price $1,485,000 $535 Per Sq Ft

10 Days on Market

Highlights

  • Washer and Dryer
  • Del Mar High School Rated A-
  • 1-Story Property

About This Home

As of September 2021

Excellent value-add triplex with tremendous potential! This single-story building is walking distance to Santana Row and features a desirable unit mix of (1) 3BD/1.5BA and (2) 2BD/1BA with significant upside in rents. Each unit includes a garage, washer/dryer, and front or backyards. Property, roof, and termite inspection reports are available in the due diligence link for review.

Last Agent to Sell the Property

Eric Katz

Katz Inc License #01900078 Listed on: 08/05/2021

Last Buyer's Agent

Eric Katz

Katz Inc License #01900078 Listed on: 08/05/2021

Property Details

Home Type

  • Multi-Family

Year Built

  • 1959

Lot Details

  • 7,288 Sq Ft Lot

Parking

  • 3 Car Garage
  • Off-Street Parking
  • Assigned Parking

Home Design

  • Triplex
  • Wood Frame Construction
  • Shingle Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 2,776 Sq Ft Home
  • 1-Story Property
  • Washer and Dryer

Utilities

  • Separate Meters
  • Individual Gas Meter

Listing and Financial Details

  • Total Actual Rent $54,508
  • Month-to-Month Lease Term

Community Details

Overview

Building Details

  • 3 Leased Units
  • Insurance Expense $1,388
  • Maintenance Expense $965
  • Utility Expense $1,984
  • Trash Expense $2,995
  • Operating Expense $22,905
  • Gross Income $52,873

Property Details

Home Type

Multi-Family

Year Built

1959

Lot Details

0

Parking

3

Listing Details

  • Zoning: R3
  • Subclass: Triplex
  • Age: 62
  • Listing Class: Residential Income (2-4 Units)
  • Structure Sq Ft: 2776
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1959

Interior Features

  • Living Sq Ft: 2776
  • Stories: 1
  • Laundry: Washer / Dryer

Exterior Features

  • Foundation: Concrete Perimeter, Wood Frame
  • Roof: Shingle

Garage/Parking

  • Garage Spaces: 3
  • Garage Parking Features: Assigned Spaces, Attached Garage, Off-Street Parking

Utilities

  • Sewer/Septic System: Sewer - Public

Schools

  • School District: Campbell Union High

Lot Info

  • Lot Acres: 0.1673
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 7289.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 7289.00

Rental Info

  • Existing Lease Term(s): 1 Year Lease, Month To Month
  • Gross Rent Multiplier: 23.63
  • Number Of Leased: 3

Multi Family

  • Utilities: Individual Electric Meters, Individual Gas Meters, Public Utilities
  • Expense Insurance: 1388
  • Expense Maintenance: 965
  • Expenses Total: 22905
  • Expenses Utility: 1984
  • Expense Trash: 2995
  • Income Annual Gross: 52873.00
  • Income Annual Rental: 54508
  • Income Gross Scheduled: 54508
  • Income Includes: Rents
  • Meters: Master Water, Separate Electric, Separate Gas
  • Number Of Buildings: 1
  • Operating Expenses Include: Fee - Property Tax, Insurance, Maintenance - Repair, Services - Trash Removal, Utilities - Water
  • Tenant Expenses: Utilities - Electric, Utilities - Gas, Utilities - Water
  • Vacancy Factor: 3

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
09/23/2021 09/23/21 Sold $1,485,000 +15.3% $535 / Sq Ft
08/16/2021 08/16/21 Pending -- -- --
08/05/2021 08/05/21 For Sale $1,288,000 -- $464 / Sq Ft
Source: MLSListings

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Eric Katz

    Seller's Agent in 2021

    Eric Katz

    Katz Inc

    (408) 438-0969

    4 in this area

    41 Total Sales

    Section Image
See All Agents

Map

Source: MLSListings

MLS Number: ML81857097

MLSListings

APN: 299-43-019

California Santa Clara County San Jose 95117 Castlemont

735 Teresi Ct, San Jose, CA

This home is located at 735 Teresi Ct, San Jose, CA 95117 since 05 August 2021. This property was built in 1959. 735 Teresi Ct is a home located in Santa Clara County with nearby schools including Del Mar High School, Lynhaven Elementary School, and Monroe Middle School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

MLSListings Property Information © 2025 MLSListings Inc. All rights reserved. Listing information is deemed reliable but not guaranteed. Certain information contained herein is derived from information which is the licensed property of, and copyrighted by, MLSListings Inc. The viewer acknowledges ownership and validity of its copyright. Information provided is for personal, non-commercial use by a viewer with a bona fide interest in the purchase or sale of real estate of the type being offered via this website or other electronic means. The viewer is prohibited from copying, redistributing or retransmitting any of the data or information provided by MLSListing, Inc.

Nearby Homes