NOT LISTED FOR SALE
2 Beds
2 Baths
1,040 Sq Ft
3,746 Sq Ft Lot

Last Sold September 01, 2022

Last sale price $800,000 $769 Per Sq Ft

41 Days on Market

About This Home

As of September 2022

This San Jose duplex is an excellent opportunity! Live in one unit and rent the other to offset your mortgage. Rent both units for income. Both units are spacious and a great canvas to make your own. Each unit is 1 bedroom, 1 bathroom, and 1,040 sq ft total. Separate gas and electric meters keep expenses easy and manageable. There is a lot of potential at this well priced property and it is one you do not want to miss! Ideally located, the duplex is close to desirable shopping and dining, top tech companies, major commute routes, and Roosevelt Park.

Last Agent to Sell the Property

Travis Conte

Berkshire Hathaway HomeServices DrysdaleProperties License #01911569 Listed on: 07/06/2022

Berkshire Hathaway HomeServices DrysdaleProperties

Last Buyer's Agent

Julia Lo

Beam Properties, Inc. License #02049615

Property Details

Home Type

  • Multi-Family

Year Built

  • 1951

Lot Details

  • 3,746 Sq Ft Lot
  • Level Lot

Home Design

  • Duplex
  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,040 Sq Ft Home
  • 1-Story Property
  • Gas Cooktop
  • Washer and Dryer Hookup

Parking

  • 2 Parking Spaces
  • 2 Carport Spaces
  • Assigned Parking

Utilities

  • Wall Furnace
  • Separate Meters
  • Individual Gas Meter

Listing and Financial Details

  • Total Actual Rent $50,400

Community Details

Overview

Building Details

  • Insurance Expense $900
  • Maintenance Expense $1,500
  • Utility Expense $300
  • Operating Expense $13,562
  • Gross Income $48,888

Property Details

Home Type

Multi-Family

Year Built

1951

Lot Details

0

Listing Details

  • Zoning: R2
  • Subclass: Duplex
  • Age: 71
  • Listing Class: Residential Income (2-4 Units)
  • Structure Sq Ft: 1040
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1951

Interior Features

  • Kitchen: Cooktop - Gas
  • Living Sq Ft: 1040
  • Stories: 1
  • Laundry: Hookups Only

Exterior Features

  • Foundation: Concrete Perimeter
  • Roof: Composition

Garage/Parking

  • Parking Spaces: 2
  • Garage Parking Features: Assigned Spaces
  • Carport Min: 2

Utilities

  • Heating System: Wall Furnace
  • Sewer/Septic System: Sewer - Public

Schools

  • School District: San Jose Unified

Lot Info

  • Lot Description: Grade - Level
  • Lot Acres: 0.0860
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 3745.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 3745.00

Rental Info

  • Existing Lease Term(s): Building Vacant
  • Gross Rent Multiplier: 16.85

Multi Family

  • Utilities: Individual Electric Meters, Individual Gas Meters, Public Utilities
  • Expense Insurance: 900
  • Expense Maintenance: 1500
  • Expenses Total: 13562
  • Expenses Utility: 300
  • Income Annual Gross: 48888.00
  • Income Annual Rental: 50400
  • Income Gross Scheduled: 50400
  • Meters: Master Electric, Master Gas
  • Number Of Buildings: 1
  • Operating Expenses Include: Services - Sewer
  • Tenant Expenses: Services - Trash Removal, Utilities - Electric, Utilities - Gas, Utilities - Heating, Utilities - Hot Water, Utilities - Water
  • Vacancy Factor: 3

Range of Values:

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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
09/01/2022 09/01/22 Sold $800,000 -5.8% $769 / Sq Ft
08/17/2022 08/17/22 Pending -- -- --
08/03/2022 08/03/22 Price Changed $849,000 -2.3% $816 / Sq Ft
07/06/2022 07/06/22 For Sale $869,000 -- $836 / 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: ML81899079

MLSListings

APN: 467-04-072