NOT LISTED FOR SALE
3 Beds
2 Baths
1,422 Sq Ft
5,624 Sq Ft Lot

Last Sold March 09, 2023

Last sale price $975,000 $686 Per Sq Ft

5 Days on Market

Highlights

  • Granite Countertops
  • Tandem Parking
  • Washer and Dryer
  • 2 Car Detached Garage
  • Tile Flooring
  • Level Lot

About This Home

As of March 2023

Located in the cozy neighborhood of Luna Park , blocks away from Japantown-named one of the "friendliest neighborhoods in the nation. This duplex boasts lots of natural light and is super cozy. New exterior and interior paint along with new carpeting. Only 10 minutes from San Jose International Airport and Downtown San Jose. Walking distance to parks, restaurants and easy freeway access to 101/880/87. Front unit features 2B/1B, large kitchen and granite counters. Back features a 1B/1B, recently updated kitchen and a nice size back yard for entertaining. Both units have indoor laundry hook-ups and detached garages. Great investment opportunity! You can also live in one and rent the other. You dont want to miss out on this one!

Last Agent to Sell the Property

Christina Reyes

Intero Real Estate Services License #02019471 Listed on: 02/02/2023

Intero Real Estate Services

Last Buyer's Agent

Albert Reyes

Compass License #02068969

Compass

Property Details

Home Type

  • Multi-Family

Year Built

  • 1952

Lot Details

  • 5,624 Sq Ft Lot
  • Level Lot
  • Grass Covered Lot
  • Back Yard

Parking

  • 2 Car Detached Garage
  • Tandem Parking

Home Design

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

Interior Spaces

  • 1,422 Sq Ft Home
  • 1-Story Property
  • Washer and Dryer

Kitchen

  • Gas Oven
  • Range Hood
  • Granite Countertops
  • Formica Countertops
  • Disposal

Flooring

  • Carpet
  • Laminate
  • Tile

Utilities

  • Wall Furnace
  • Separate Meters
  • Individual Gas Meter

Listing and Financial Details

  • Total Actual Rent $56,400

Community Details

Overview

Building Details

  • Insurance Expense $660
  • Utility Expense $4,000
  • Trash Expense $1,186
  • Operating Expense $9,356
  • Gross Income $51,888

Property Details

Home Type

Multi-Family

Year Built

1952

Lot Details

0

Parking

2

Listing Details

  • Zoning: R2
  • Subclass: Duplex
  • Age: 71
  • Listing Class: Residential Income (2-4 Units)
  • Structure Sq Ft: 1422
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1952

Interior Features

  • Kitchen: Countertop - Formica, Countertop - Granite, Garbage Disposal, Hood Over Range, Hookups - Gas, Oven Range, Oven Range - Gas, Refrigerator
  • Living Sq Ft: 1422
  • Stories: 1
  • Laundry: Washer/Dryer - Some Units
  • Flooring: Carpet, Laminate, Tile

Exterior Features

  • Foundation: Concrete Perimeter
  • Roof: Shingle
  • Yard/Grounds: Back Yard, Low Maintenance
  • Construction Type: Wood Frame

Garage/Parking

  • Garage Spaces: 2
  • Parking Spaces: 4
  • Garage Parking Features: Detached Garage, Tandem Parking

Utilities

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

Schools

  • School District: San Jose Unified
  • Elementary School: Walter L. Bachrodt Elementary
  • Middle School: Peter Burnett Middle
  • High School: San Jose High Academy
  • High School: 349
  • Elementary School: 357
  • Middle School: 337

Lot Info

  • Lot Description: Grade - Level
  • Lot Acres: 0.1291
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 5625.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 5625.00

Rental Info

  • Existing Lease Term(s): Building Vacant
  • Gross Rent Multiplier: 17.38

Multi Family

  • Utilities: Individual Electric Meters, Individual Gas Meters, Public Utilities
  • Expense Insurance: 660
  • Expenses Total: 9356
  • Expenses Utility: 4000
  • Expense Trash: 1186
  • Income Annual Gross: 51888.00
  • Income Annual Rental: 56400
  • Income Gross Scheduled: 56400
  • Income Includes: Rents
  • Meters: Separate Electric, Separate Gas
  • Number Of Buildings: 1
  • Operating Expenses Include: Fee - Property Tax, Insurance
  • Tenant Expenses: Utilities - Electric, Utilities - Gas, Utilities - Heating, Utilities - Water
  • Vacancy Factor: 4

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
03/09/2023 03/09/23 Sold $975,000 -0.5% $686 / Sq Ft
02/08/2023 02/08/23 Pending -- -- --
02/02/2023 02/02/23 For Sale $979,999 -- $689 / 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: ML81917811

MLSListings

APN: 249-15-059