NOT LISTED FOR SALE
3 Beds
2 Baths
1,422 Sq Ft
5,227 Sq Ft Lot

Last Sold May 31, 2024

Last sale price $1,200,000 $844 Per Sq Ft

35 Days on Market

Highlights

  • Contemporary Architecture
  • Forced Air Heating System
  • 1-Story Property
  • 2 Car Detached Garage

About This Home

As of May 2024

TENANT OCCUPIED! DO NOT INTERRUPT. APPOINTMENT ONLY Introducing a remarkable opportunity to invest in a new duplex listing in the heart of San Jose. This property features two fully remodeled units. The first unit boasts 2 spacious bedrooms and 1 bathroom, while the second unit offers a cozy 1 bedroom and 1 bathroom layout. Both units have undergone extensive renovations with new kitchens, bathrooms, and stunning pergola flooring. The quality of craftsmanship and attention to detail in these renovations are truly impressive, making these units the perfect turnkey investment. Location is key, and this property is conveniently situated with easy access to freeways 101, 87, and 880. The ease of commute this location offers is unparalleled, with quick exits to San Jose Airport. Additionally, the charm and culture of the nearby Japanese Town are just a stone's throw away, offering entertainment, dining, and shopping options. Don't miss out on this unique opportunity to own an income-generating property in a prime location. Schedule a viewing today!

Last Agent to Sell the Property

Trung Lam

KW Silicon City License #01317941 Listed on: 03/27/2024

KW Silicon City

Last Buyer's Agent

Angie Nguyen

Akimax Lending License #01715758

Property Details

Home Type

  • Multi-Family

Year Built

  • 1952

Lot Details

  • 5,227 Sq Ft Lot

Parking

  • 2 Car Detached Garage
  • On-Street Parking

Home Design

  • Duplex
  • Contemporary Architecture
  • Wood Frame Construction
  • Composition Roof

Interior Spaces

  • 1,422 Sq Ft Home
  • 1-Story Property
  • Laminate Flooring
  • Crawl Space

Kitchen

  • Gas Oven
  • Disposal

Utilities

  • Cooling System Mounted To A Wall/Window
  • Forced Air Heating System
  • Vented Exhaust Fan

Listing and Financial Details

  • Total Actual Rent $67,740

Community Details

Overview

Building Details

  • Gardener Expense $960
  • Insurance Expense $2,400
  • Operating Expense $16,922
  • Gross Income $67,063

Property Details

Home Type

Multi-Family

Year Built

1952

Lot Details

0

Parking

2

Listing Details

  • Zoning: R2
  • Subclass: Duplex
  • Style: Contemporary
  • Age: 72
  • Listing Class: Residential Income (2-4 Units)
  • Structure Sq Ft: 1422
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1952

Interior Features

  • Kitchen: Exhaust Fan, Garbage Disposal, Oven Range - Gas
  • Living Sq Ft: 1422
  • Stories: 1
  • Flooring: Laminate

Exterior Features

  • Foundation: Crawl Space, Wood Frame
  • Roof: Composition

Garage/Parking

  • Garage Spaces: 2
  • Garage Parking Features: Detached Garage, On Street

Utilities

  • Cooling System: Window / Wall Unit
  • Heating System: Central Forced Air
  • Sewer/Septic System: Sewer - Public

Schools

  • School District: San Jose Unified

Lot Info

  • Lot Acres: 0.1200
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 5227.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 5227.00

Rental Info

  • Existing Lease Term(s): 1 Year Lease
  • Gross Rent Multiplier: 17.55

Multi Family

  • Utilities: Public Utilities
  • Expense Insurance: 2400
  • Expense Landscape: 960
  • Expenses Total: 16922
  • Income Annual Gross: 67063.00
  • Income Annual Rental: 67740
  • Income Gross Scheduled: 67740
  • Income Includes: Rents
  • Meters: Separate Electric, Separate Gas, Separate Water
  • Number Of Buildings: 1
  • Tenant Expenses: Utilities - Gas, Utilities - Heating, Utilities - Hot Water, Utilities - Water

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
05/31/2024 05/31/24 Sold $1,200,000 +0.9% $844 / Sq Ft
05/02/2024 05/02/24 Pending -- -- --
03/27/2024 03/27/24 For Sale $1,188,888 +39.9% $836 / Sq Ft
07/26/2023 07/26/23 Pending -- -- --
06/29/2023 06/29/23 Sold $850,000 -- $598 / 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: ML81959151

MLSListings

APN: 249-15-058