NOT LISTED FOR SALE
2 Beds
2 Baths
1,728 Sq Ft
6,900 Sq Ft Lot

Last Sold June 22, 2022

Last sale price $1,250,000 $723 Per Sq Ft

17 Days on Market

Highlights

  • Balcony
  • 3-minute walk to Civic Center Station (San Jose)
  • Storage Room
  • 2 Car Detached Garage
  • Tile Countertops
  • Washer and Dryer

About This Home

As of June 2022

Great downtown duplex with a large lot on a beautiful tree lined street with an exciting upside potential!! Opportunities are plentiful; live in one unit, use second unit as an office or as a short or long-term rental. The two units could be combined into a large single-family home or add additional living space. Each unit is a one bedroom with large living room and kitchen, water efficient landscaping throughout, a shared two car detached garage and a large driveway for additional parking. Enjoy the quietness of this beautiful street with its proximity to Google Village, Adobe headquarters, Kaiser Skyport Offices, Downtown San Jose's restaurants, entertainment, and markets. Easy access to Silicon Valley Light Rail, the future BART stations, San Jose airport, HWY 87, 101, 280, 680, and 880. Consistent rental history, Low turnover due to desirability of home and location. Both units have separate utilities except for water, furnace, washer and dryer.

Last Agent to Sell the Property

Avi Urban

Compass License #01485729 Listed on: 05/16/2022

Compass

Last Buyer's Agent

Kraig Constantino

Intero Real Estate Services License #01215894

Intero Real Estate Services

Property Details

Home Type

  • Multi-Family

Year Built

  • 1941

Lot Details

  • 6,900 Sq Ft Lot
  • Fenced
  • Level Lot
  • Sprinklers on Timer
  • Back Yard

Parking

  • 2 Car Detached Garage
  • On-Street Parking

Home Design

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

Interior Spaces

  • 1,728 Sq Ft Home
  • 1-Story Property
  • Storage Room
  • Washer and Dryer
  • Crawl Space

Kitchen

  • Gas Cooktop
  • Tile Countertops

Flooring

  • Carpet
  • Laminate

Outdoor Features

  • Balcony

Utilities

  • Heating System Uses Gas
  • Separate Meters

Listing and Financial Details

  • Total Actual Rent $57,600

Community Details

Overview

Building Details

  • Insurance Expense $1,200
  • Maintenance Expense $1,200
  • Utility Expense $2,400
  • Trash Expense $549
  • Operating Expense $21,518
  • Gross Income $55,296

Property Details

Home Type

Multi-Family

Year Built

1941

Lot Details

6,900 Sq Ft Lot

Parking

2

Listing Details

  • Zoning: RM
  • Subclass: Duplex
  • Listing Class: Residential Income (2-4 Units)
  • Structure Sq Ft: 1728
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1941

Interior Features

  • Kitchen: Cooktop - Gas, Countertop - Tile
  • Living Sq Ft: 1728
  • Stories: 1
  • Laundry: Washer / Dryer
  • Flooring: Carpet, Laminate
  • Additional Rooms: Storage

Exterior Features

  • Foundation: Concrete Perimeter, Crawl Space
  • Roof: Composition
  • Yard/Grounds: Back Yard, Balcony / Patio, Fenced, Sprinklers - Auto
  • Construction Type: Wood Frame

Garage/Parking

  • Garage Spaces: 2
  • Parking Spaces: 4
  • Garage Parking Features: Detached Garage, On Street, Parking Area

Utilities

  • Heating System: Gas
  • Sewer/Septic System: Sewer - Public

Lot Info

  • Lot Description: Grade - Level, Regular
  • Lot Acres: 0.1584
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 6899.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 6899.00

Rental Info

  • Existing Lease Term(s): Building Vacant
  • Gross Rent Multiplier: 20.63

Multi Family

  • Utilities: Individual Electric Meters, Natural Gas
  • Expense Insurance: 1200
  • Expense Maintenance: 1200
  • Expenses Total: 21518
  • Expenses Utility: 2400
  • Expense Trash: 549
  • Income Annual Gross: 55296.00
  • Income Annual Rental: 57600
  • Income Gross Scheduled: 57600
  • Meters: Master Electric, Master Gas, Master Water
  • Number Of Buildings: 1
  • Operating Expenses Include: Insurance, Maintenance
  • Tenant Expenses: Services - Trash Removal, Utilities - Electric, Utilities - Gas
  • Vacancy Factor: 4
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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 Prior Sale
06/22/2022 06/22/22 Sold $1,250,000 +5.2% $723 / Sq Ft
06/02/2022 06/02/22 Pending -- -- --
05/16/2022 05/16/22 For Sale $1,188,000 +0.7% $688 / Sq Ft
09/10/2019 09/10/19 Sold $1,180,000 +18.2% $683 / Sq Ft View Prior Sale
07/25/2019 07/25/19 Pending -- -- --
07/09/2019 07/09/19 For Sale $998,000 -- $578 / 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 $17,445 $1,326,509 $742,845 $583,664
2024 $17,445 $1,300,500 $728,280 $572,220
2023 $17,104 $1,275,000 $714,000 $561,000
2022 $16,533 $1,216,067 $793,536 $422,531
2021 $16,169 $1,192,224 $777,977 $414,247
2020 $15,760 $1,180,000 $770,000 $410,000
2019 $6,333 $383,660 $114,350 $269,310
2018 $6,238 $376,138 $112,108 $264,030
2017 $6,166 $368,763 $109,910 $258,853
2016 $5,988 $361,533 $107,755 $253,778
2015 $5,936 $356,104 $106,137 $249,967
2014 -- $349,129 $104,058 $245,071
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81891842

MLSListings
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