$950,000
SOLD DEC 13, 2016
5 Beds
5 Baths
2,062 Sq Ft
6,055 Sq Ft Lot

Recently Sold

$461 Per Sq Ft

6% Above List Price

54 Days on Market

Highlights

  • 2 Car Detached Garage
  • Floor Furnace
  • 1-Story Property
  • Del Mar High School Rated A-
  • Coin Laundry

About This Home

As of September 2022

INVESTOR DREAM RARE OPPORTUNITY Tri-plex in PRIME location West San Jose near SJ City College. Easy access to Highway 280 / VTA light rail Fruitdale Station!. . WELL MAINTAINED. Minimal management required. UNIT MIX: Unit 1 Large 2 bedroom 1 1/2 bath unit in back includes private yard Unit 2 is 1/1 and Unit 3 is 1/1. Easy tenants want to continue renting currently month to month and has taken good care of the units. Tenant have been there for a long time and currently pay below market. Property is in GOOD condition with hardwood floors in all three units. Shared onsite Laundry room with washer and dryer included. Neighborhood surrounded by high priced Single Family homes $900k+.Offers due 8/31/16 at 4:pm

Last Agent to Sell the Property

Sergio Ascencio

Intero Real Estate Services License #00930950 Listed on: 08/17/2016

Intero Real Estate Services

Last Buyer's Agent

Sergio Ascencio

Intero Real Estate Services License #00930950 Listed on: 08/17/2016

Intero Real Estate Services

Property Details

Home Type

  • Multi-Family

Year Built

  • 1961

Lot Details

  • 6,055 Sq Ft Lot

Home Design

  • Triplex
  • Shingle Roof
  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 2,062 Sq Ft Home
  • 1-Story Property

Parking

  • 2 Car Detached Garage
  • 2 Carport Spaces

Utilities

  • Floor Furnace
  • Heating System Uses Gas
  • Separate Meters
  • Individual Gas Meter

Listing and Financial Details

  • Total Actual Rent $51,000

Community Details

Overview

Amenities

  • Coin Laundry

Building Details

  • 3 Leased Units
  • Insurance Expense $1,200
  • Utility Expense $150
  • Operating Expense $9,138
  • Gross Income $51,000

Property Details

Home Type

Multi-Family

Year Built

1961

Lot Details

0

Listing Details

  • Zoning: R3H
  • Subclass: Triplex
  • Age: 55
  • Listing Class: Residential Income (2-4 Units)
  • Structure Sq Ft: 2062
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1961

Interior Features

  • Living Sq Ft: 2062
  • Stories: 1
  • Laundry: Coin Operated

Exterior Features

  • Foundation: Concrete Perimeter
  • Roof: Composition, Shingle

Garage/Parking

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

Utilities

  • Heating System: Floor Furnace, Gas
  • Sewer/Septic System: Sewer Connected

Schools

  • School District: Campbell Union High

Lot Info

  • Lot Acres: 0.1390
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 6050.48
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 6050.48

Rental Info

  • Existing Lease Term(s): Month To Month
  • Gross Rent Multiplier: 17.65
  • Number Of Leased: 3

Multi Family

  • Utilities: Individual Electric Meters, Individual Gas Meters, Natural Gas
  • Expense Insurance: 1200
  • Expenses Total: 9138
  • Expenses Utility: 150
  • Income Annual Gross: 51000.00
  • Income Annual Rental: 51000
  • Income Gross Scheduled: 51000
  • Income Includes: Coin Operated Equip, Laundry, Lease
  • Meters: Master Gas, Master Water, Separate Gas
  • Number Of Buildings: 1
  • Operating Expenses Include: Fee - License/Advertising, Fee - Property Tax, Insurance
  • Tenant Expenses: All Expenses, Services - Trash Removal, Utilities - Electric, Utilities - Gas, Utilities - Heating

Similar Homes in San Jose, CA

  • 37 Union St, San Jose, CA 95110

    $799,900

    • 4 Beds
    • 2 Baths
    • 768 Sq Ft
    • 37 Union St
    • San Jose, CA

    Lowest priced Single Family Home with ADU in San Jose! Amazing opportunity to own TWO units in the heart of Silicon Valley. The main home offers 2 bedroom, 1 bathroom and utility room with indoor laundry. Detached, permitted ADU offers 2 bedrooms and 1 bathroom. Deep driveway accommodates multiple or oversize vehicles and a covered carport. This diamond in the rough is fully vacant making it the

    Lizzeth Flores Infinite Real Estate

    Section Image
  • 1192 S 9th St, San Jose, CA 95112

    $1,025,000

    • 4 Beds
    • 2 Baths
    • 1,500 Sq Ft
    • 1192 S 9th St
    • San Jose, CA

    1192 S. 9th Street is a well located duplex that was built in 1958 and sits on a 5,501 SF/ 0.126 Acres lot, per county assessor. The property has an excellent unit mix of (1) 2 Bedroom x 1 Bathroom unit, and one (1) 3 Bedroom x 2 Bathroom unit. The property also includes a detached two-car garage. Marketing Package available upon request.

    Mitchell Zurich Marcus & Millichap

    Section Image
  • 784 S 11th St, San Jose, CA 95112

    $875,000

    • 4 Beds
    • 1,408 Sq Ft
    • 784 S 11th St
    • San Jose, CA

    Discover this rare and versatile duplex tucked away on a tree-lined, suburban-feel street near Downtown San Jose Spanning 1,408 sq. ft. on a generous 6,348 sq. ft. lot with ADU potential, this property is ideal for investors or multi-generational living. Each unit features 1 bedroom + den (usable as a second bedroom), 1 bath, a bright living room, and a spacious kitchen, updated double windows

    Ken Kwok MaxReal

    Section Image
  • 1085 N 4th St, San Jose, CA 95112

    $1,100,000

    • 4 Beds
    • 2 Baths
    • 1,488 Sq Ft
    • 1085 N 4th St
    • San Jose, CA

    Live in One Unit, Rent the Other! Ever dreamed of owning a home and making rental income at the same time? This is the Perfect Home and Income Opportunity in San Jose! This desirable duplex in the Hyde Park neighborhood might be the perfect fit! Located just north of San Joses Historic Japantown, youll enjoy a vibrant mix of culture, shopping, dining, entertainment, and convenience, all just

    Jaimie Gonzalez Corcoran Icon Properties

    Section Image
  • 639 Jackson St, San Jose, CA 95112

    $999,000

    • 4 Beds
    • 4 Baths
    • 1,224 Sq Ft
    • 639 Jackson St
    • San Jose, CA

    Great investment opportunity. Corner lot with plenty of parking space. Close to freeway 101, shopping and San Jose downtown. Great income potential and fully rented. Main property has 3 bedrooms and 1 bathroom. Are you ready for the next level of investment?

    Alma D. Ayala Intero Real Estate Services

    Section Image
  • 1448 E San Antonio St, San Jose, CA 95116

    $859,950

    • 4 Beds
    • 2 Baths
    • 1,638 Sq Ft
    • 1448 E San Antonio St
    • San Jose, CA

    Excellent opportunity to own the best priced duplex in San Jose! 1446-1448 E San Antonio is a duplex with two 2br/1ba units of aprx 820sf each. Building is in good condition inside and out, needs some updating in kitchens and bathrooms but very solid, well kept building. Each unit has its own fenced back and front yards, each has own laundry room. Pictures of interior are from unit 1448.

    David Verbera Realty World Villa California

    Section Image
  • 1470 E San Antonio St, San Jose, CA 95116

    $896,950

    • 4 Beds
    • 4 Baths
    • 1,920 Sq Ft
    • 1470 E San Antonio St
    • San Jose, CA

    Opportunity is knocking for the best priced duplex for the size in San Jose! Two story building has townhouse house style side by side units. Each 960sf, 2br 1 bath upstairs and 1/2 bath downstairs plus living room, kitchen, eating area. Long term tenants on month to month tenancy. Unit B has own backyard, shared open parking plus street parking. Solid stucco building with concrete slab

    David Verbera Realty World Villa California

    Section Image
  • 2523 Senter Rd, San Jose, CA 95111

    $899,900

    • 4 Beds
    • 2 Baths
    • 1,282 Sq Ft
    • 2523 Senter Rd
    • San Jose, CA

    Here's a wonderful opportunity to purchase a well maintained duplex! These two 2 bedroom, 1 bathroom units are in great shape, and ready for the investor that would like to add a great property to their portfolio! Featured with the property is a large carport with ample parking, a nice sized shared yard, and storage for tenants. You'll want to hurry up on this one, because properties like this

    Eddie Rendon Iron Key Real Estate

    Section Image

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
09/23/2022 09/23/22 Sold $1,450,000 +3.6% $703 / Sq Ft
09/03/2022 09/03/22 Pending -- -- --
08/08/2022 08/08/22 Price Changed $1,399,000 -12.5% $678 / Sq Ft
07/06/2022 07/06/22 Price Changed $1,599,000 +14.3% $775 / Sq Ft
06/30/2022 06/30/22 Price Changed $1,399,000 -12.5% $678 / Sq Ft
06/10/2022 06/10/22 For Sale $1,599,000 +9.9% $775 / Sq Ft
07/07/2021 07/07/21 Sold $1,455,000 -2.9% $706 / Sq Ft
04/26/2021 04/26/21 Pending -- -- --
03/28/2021 03/28/21 For Sale $1,499,000 +57.8% $727 / Sq Ft
12/13/2016 12/13/16 Sold $950,000 +5.6% $461 / Sq Ft
10/11/2016 10/11/16 Pending -- -- --
09/14/2016 09/14/16 For Sale $899,950 0.0% $436 / Sq Ft
09/02/2016 09/02/16 Pending -- -- --
08/17/2016 08/17/16 For Sale $899,950 -- $436 / Sq Ft
Source: MLSListings

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: MLSListings

MLS Number: ML81600456

MLSListings

APN: 282-37-021