NOT LISTED FOR SALE

783 Bonita Ave San Jose, CA 95116

Brookwood Terrace Neighborhood
4 Beds
2 Baths
1,450 Sq Ft
5,227 Sq Ft Lot

Last Sold July 15, 2024

Last sale price $960,000 $662 Per Sq Ft

7 Days on Market

Highlights

  • 2 Car Detached Garage
  • 1-Story Property
  • 5-minute walk to Bonita Park

About This Home

As of July 2024

When was the last time you saw a cash flow positive investment in Bay Area? It's a rare opportunity! 2 bedrooms and 1 bath each unit. All unit comes with a decent size yard. Electrical & gas meter are separate. Centralized location and close to Downtown San Jose. Tenants are nice and long term.

Last Agent to Sell the Property

Jerry Zhang

Intero Real Estate Services License #02067375 Listed on: 07/01/2024

Intero Real Estate Services

Last Buyer's Agent

Jerry Zhang

Intero Real Estate Services License #02067375 Listed on: 07/01/2024

Intero Real Estate Services

Property Details

Home Type

  • Multi-Family

Year Built

  • 1954

Lot Details

  • 5,227

Parking

  • 2 Car Detached Garage
  • On-Street Parking

Home Design

  • Duplex
  • Slab Foundation
  • Shingle Roof

Interior Spaces

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

Additional Features

  • 5,227 Sq Ft Lot
  • Wall Furnace

Listing and Financial Details

  • Total Actual Rent $54,000

Community Details

Overview

Building Details

  • 2 Leased Units
  • Insurance Expense $816
  • Maintenance Expense $2,400
  • Utility Expense $4,500
  • Operating Expense $10,834
  • Gross Income $54,000

Property Details

Home Type

Multi-Family

Year Built

1954

Lot Details

0

Parking

2

Listing Details

  • Zoning: R2
  • Subclass: Duplex
  • Age: 70
  • Listing Class: Residential Income (2-4 Units)
  • Structure Sq Ft: 1450
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1954

Interior Features

  • Living Sq Ft: 1450
  • Stories: 1

Exterior Features

  • Foundation: Concrete Slab
  • Roof: Shingle

Garage/Parking

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

Utilities

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

Schools

  • School District: East Side Union High

Lot Info

  • Lot Acres: 0.1200
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 5227.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 5227.00

Rental Info

  • Existing Lease Term(s): Lease Agreement - Written, Month To Month, Security Deposit
  • Gross Rent Multiplier: 16.66
  • Number Of Leased: 2

Multi Family

  • Utilities: Public Utilities
  • Expense Insurance: 816
  • Expense Maintenance: 2400
  • Expenses Total: 10834
  • Expenses Utility: 4500
  • Income Annual Gross: 54000.00
  • Income Annual Rental: 54000
  • Income Gross Scheduled: 54000
  • Income Includes: Rents
  • Meters: Master Water, Separate Electric, Separate Gas
  • Number Of Buildings: 1
  • Operating Expenses Include: Insurance
  • Tenant Expenses: Utilities - Water

Range of Values:

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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 Change Sq Ft Price
07/15/2024 07/15/24 Sold $960,000 +6.7% $662 / Sq Ft
07/08/2024 07/08/24 Pending -- -- --
07/01/2024 07/01/24 For Sale $899,800 -- $621 / Sq Ft
Source: MLSListings

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Jerry Zhang

    Seller's Agent in 2024

    Jerry Zhang

    Intero Real Estate Services

    (408) 480-5950

    2 in this area

    51 Total Sales

    Jerry Zhang
    Section Image
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Map

Source: MLSListings

MLS Number: ML81970958

MLSListings

APN: 472-07-014

California Santa Clara County San Jose 95116 Brookwood Terrace

783 Bonita Ave, San Jose, CA

This home is located at 783 Bonita Ave, San Jose, CA 95116 since 01 July 2024. This property was built in 1954. 783 Bonita Ave is a home located in Santa Clara County with nearby schools including McKinley Elementary School, Sylvandale Middle School, and Yerba Buena High School.

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