NOT LISTED FOR SALE

756 Remo St San Jose, CA 95116

Brookwood Terrace Neighborhood
4 Beds
2 Baths
1,450 Sq Ft
5,619 Sq Ft Lot

Last Sold August 18, 2015

Last sale price $600,000 $414 Per Sq Ft

14 Days on Market

Highlights

  • 2 Car Detached Garage
  • Fenced
  • 1-Story Property
  • Tile Flooring
  • Grass Covered Lot

About This Home

As of August 2015

Great opportunity for investors * Both units upgraded in several years ago, clean and well kept by tenants * New surfaced driveway * Newly exteriors paint 2 car garage * New fences in the front yard and alone with the property driveway line * Private backyard * Long term 5 yrs plus tenants * Current low rents, enormous rent upside potential * Tenants pay for water, garbage and PG&E * Very convenient location, minutes to shopping centers and freeways * Drive by only, please DO NOT disturb good tenants ***

Last Agent to Sell the Property

Truman Nhu

Skyview International Group License #01110101 Listed on: 06/05/2015

Last Buyer's Agent

Cindy Blanco

Intero Real Estate Services License #01435984

Intero Real Estate Services

Property Details

Home Type

  • Multi-Family

Year Built

  • 1954

Lot Details

  • 5,619 Sq Ft Lot
  • Fenced
  • Grass Covered Lot
  • Back Yard

Parking

  • 2 Car Detached Garage

Home Design

  • Duplex
  • Slab Foundation
  • Composition Roof

Interior Spaces

  • 1,450 Sq Ft Home
  • 1-Story Property

Kitchen

  • Gas Oven
  • Formica Countertops

Flooring

  • Laminate
  • Tile

Additional Features

  • Barbecue Area
  • Wall Furnace

Listing and Financial Details

  • Total Actual Rent $32,700

Community Details

Overview

Building Details

  • 2 Leased Units
  • Insurance Expense $800
  • Other Expense $500
  • Operating Expense $9,442
  • Gross Income $32,700

Property Details

Home Type

Multi-Family

Year Built

1954

Lot Details

0

Parking

2

Listing Details

  • Zoning: R2
  • Subclass: Duplex
  • Listing Class: Residential Income (2-4 Units)
  • Structure Sq Ft: 1450
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1954

Interior Features

  • Kitchen: Countertop - Formica, Oven - Gas
  • Living Sq Ft: 1450
  • Stories: 1
  • Flooring: Laminate, Tile

Exterior Features

  • Foundation: Concrete Slab
  • Roof: Composition
  • Yard/Grounds: Back Yard, Bbq Area, Fenced, Low Maintenance

Garage/Parking

  • Garage Spaces: 2
  • Garage Parking Features: Detached Garage

Utilities

  • Heating System: Wall Furnace
  • Sewer/Septic System: Sewer Connected

Lot Info

  • Lot Description: Regular
  • Lot Acres: 0.1290
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 5638.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 5638.00

Rental Info

  • Existing Lease Term(s): Month To Month
  • Gross Rent Multiplier: 18.35
  • Number Of Leased: 2

Multi Family

  • Utilities: Public Utilities
  • Expense Insurance: 800
  • Expenses Other: 500
  • Expenses Total: 9442
  • Income Annual Gross: 32700.00
  • Income Annual Rental: 32700
  • Income Gross Scheduled: 32700
  • Income Includes: Rents
  • Meters: Separate Electric, Separate Gas, Separate Water
  • Number Of Buildings: 1
  • Operating Expenses Include: Fee - Property Tax, Insurance, Maintenance
  • Tenant Expenses: Services - Trash Removal, Utilities - Electric, Utilities - Gas, Utilities - Heating, Utilities - Hot Water, Utilities - Water

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Average Value
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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 List to Sale Price per Sq Ft
08/18/2015 08/18/15 Sold $600,000 0.0% $414 / Sq Ft
06/19/2015 06/19/15 Pending -- -- --
06/05/2015 06/05/15 For Sale $600,000 -- $414 / Sq Ft
Source: MLSListings

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $11,348 $710,273 $449,840 $260,433
2024 $11,348 $696,347 $441,020 $255,327
2023 $11,181 $682,694 $432,373 $250,321
2022 $10,929 $669,309 $423,896 $245,413
2021 $10,838 $656,186 $415,585 $240,601
2020 $10,442 $649,458 $411,324 $238,134
2019 $10,001 $636,724 $403,259 $233,465
2018 $9,975 $624,240 $395,352 $228,888
2017 $9,839 $612,000 $387,600 $224,400
2016 $9,360 $600,000 $380,000 $220,000
2015 $6,981 $418,867 $268,505 $150,362
2014 -- $410,663 $263,246 $147,417
Source: Public Records

Agents Affiliated with this Home

  • T

    Seller's Agent in 2015

    Truman Nhu

    Skyview International Group

    Section Image
  • Cindy Blanco

    Buyer's Agent in 2015

    Cindy Blanco

    Intero Real Estate Services

    (408) 342-8689

    22 Total Sales

    Cindy Blanco
    Section Image
See All Agents

Map

Source: MLSListings

MLS Number: ML81469013

MLSListings

APN: 472-07-019

California Santa Clara County San Jose 95116 Brookwood Terrace

756 Remo St, San Jose, CA

Not Listed for Sale

MultiFamily

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