NOT LISTED FOR SALE

758 N Abel St Milpitas, CA 95035

4 Beds
2 Baths
1,716 Sq Ft
8,002 Sq Ft Lot

Last Sold January 04, 2018

Last sale price $1,280,000 $746 Per Sq Ft

9 Days on Market

Highlights

  • Wood Flooring
  • Granite Countertops
  • Back Yard
  • Curtner Elementary School Rated A
  • Forced Air Heating System
  • 1-Story Property

About This Home

As of January 2018

Completely remodeled duplex in convenient Milpitas location with great schools. Owner has meticulously maintained the home and it has been updated throughout. It features remodeled kitchen, baths, hardwood flooring, and newer roof. Each unit has its own spacious backyard and garage with laundry hookups inside. Located just a short drive to Great Mall and new BART station (expected opening: 2018) and near high tech companies such as Cisco, Samsung, Sandisk, Tesla, Seagate. Units are seldom vacant and rent fast. Don't let this turnkey investment pass by! Please do not disturb the good tenants and respect their privacy. Drive by or appointment only.

Last Agent to Sell the Property

David Murthy

Real Estate eBroker Inc License #01872413 Listed on: 11/11/2017

Real Estate eBroker Inc

Last Buyer's Agent

Kit Albert

California Pacific Investments License #01050651

Property Details

Home Type

  • Multi-Family

Year Built

  • 1962

Lot Details

  • 8,002 Sq Ft Lot
  • Back Yard

Parking

  • 2 Car Garage
  • 4 Carport Spaces
  • On-Street Parking
  • Uncovered Parking

Home Design

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

Interior Spaces

  • 1,716 Sq Ft Home
  • 1-Story Property
  • Wood Flooring
  • Washer and Dryer Hookup

Kitchen

  • Electric Oven
  • Electric Cooktop
  • Range Hood
  • Granite Countertops
  • Disposal

Utilities

  • Forced Air Heating System
  • Vented Exhaust Fan
  • Separate Meters
  • 220 Volts
  • Individual Gas Meter

Listing and Financial Details

  • Total Actual Rent $60,000

Community Details

Overview

Building Details

  • 2 Leased Units
  • Gardener Expense $1,200
  • Insurance Expense $750
  • Utility Expense $2,100
  • Operating Expense $5,675
  • Gross Income $60,000

Property Details

Home Type

Multi-Family

Year Built

1962

Lot Details

0

Parking

2

Listing Details

  • Zoning: R2S
  • Subclass: Duplex
  • Style: Ranch
  • Listing Class: Residential Income (2-4 Units)
  • Structure Sq Ft: 1716
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1962

Interior Features

  • Kitchen: 220 Volt Outlet, Cooktop - Electric, Countertop - Granite, Countertop - Stone, Countertop - Synthetic, Exhaust Fan, Garbage Disposal, Hood Over Range, Oven - Electric, Oven Range - Electric, Refrigerator
  • Living Sq Ft: 1716
  • Stories: 1
  • Laundry: Hookups Only
  • Flooring: Hardwood

Exterior Features

  • Foundation: Concrete Perimeter
  • Roof: Composition
  • Yard/Grounds: Back Yard
  • Construction Type: Wood Frame

Garage/Parking

  • Garage Spaces: 2
  • Parking Spaces: 4
  • Garage Parking Features: On Street, Uncovered Parking
  • Carport Min: 4

Utilities

  • Heating System: Forced Air
  • Sewer/Septic System: Sewer - Public, Sewer Connected

Schools

  • High School: 293

Lot Info

  • Lot Description: Regular
  • Lot Acres: 0.1837
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 8004.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 8004.00

Rental Info

  • Existing Lease Term(s): Less Than 1 Yr, Month To Month
  • Gross Rent Multiplier: 15.83
  • Number Of Leased: 2

Multi Family

  • Utilities: Individual Electric Meters, Individual Gas Meters, Public Utilities
  • Expense Insurance: 750
  • Expense Landscape: 1200
  • Expenses Total: 5675
  • Expenses Utility: 2100
  • Income Annual Gross: 60000.00
  • Income Annual Rental: 60000
  • Income Gross Scheduled: 60000
  • Meters: Separate Electric, Separate Gas
  • Number Of Buildings: 1
  • Operating Expenses Include: Services - Gardener, Services - Trash Removal, Utilities - Water
  • Tenant Expenses: Utilities - Electric, Utilities - Gas
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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
01/04/2018 01/04/18 Sold $1,280,000 +34.7% $746 / Sq Ft
11/21/2017 11/21/17 Pending -- -- --
11/11/2017 11/11/17 For Sale $950,000 -- $554 / Sq Ft
Source: MLSListings

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 $15,130 $1,330,000 $1,000,000 $330,000
2024 $15,130 $1,380,000 $1,000,000 $380,000
2023 $14,219 $1,200,000 $950,000 $250,000
2022 $15,617 $1,300,000 $1,000,000 $300,000
2021 $12,135 $1,000,000 $850,000 $150,000
2020 $12,280 $1,331,712 $972,774 $358,938
2019 $15,767 $1,305,600 $953,700 $351,900
2018 $1,645 $119,744 $40,380 $79,364
2017 $1,625 $117,397 $39,589 $77,808
2016 $1,557 $115,096 $38,813 $76,283
2015 $1,542 $113,368 $38,230 $75,138
2014 $1,486 $111,149 $37,482 $73,667
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81684552

MLSListings

APN: 022-06-018