NOT LISTED FOR SALE
8 Beds
-- Bath
3,544 Sq Ft
6,970 Sq Ft Lot

Last Sold June 04, 2013

Last sale price $875,000 $247 Per Sq Ft

19 Days on Market

Highlights

  • Deck
  • Tile Flooring
  • Forced Air Heating System
  • Neighborhood Views

About This Home

As of June 2013

Just completed City of Routine Multi-Housing Inspection. Excellent location and condition. New roof, new resurfaced deck proofing, new paving in driveway area. Don't miss this great buying opportunity in great area.3/2ba,2-2/1ba and 1/1ba units. Permit for Roof, Water Heater and Furnace.

Last Agent to Sell the Property

Trinidad Vasquez

T C Properties License #00388050 Listed on: 04/12/2013

Last Buyer's Agent

Thomas G. Nixon

Intero Real Estate Services License #01431417

Intero Real Estate Services

Property Details

Home Type

  • Multi-Family

Year Built

  • 1963

Lot Details

  • Lot Sloped Down
  • Sprinkler System

Home Design

  • Quadruplex
  • Composition Roof

Interior Spaces

  • 3,544 Sq Ft Home
  • 2-Story Property
  • Neighborhood Views
  • Laundry in Garage

Kitchen

  • Oven or Range
  • Disposal

Flooring

  • Carpet
  • Tile
  • Vinyl

Parking

  • Garage
  • Garage Door Opener
  • Off-Street Parking

Outdoor Features

  • Deck

Utilities

  • Forced Air Heating System
  • Wall Furnace
  • Sewer Within 50 Feet

Listing and Financial Details

  • Total Actual Rent $63,504
  • The owner pays for electric, garbage, services - gardener/landscaping, water

Community Details

Building Details

  • Gardener Expense $700
  • Insurance Expense $1,822
  • Maintenance Expense $1,800
  • Manager Expense $4,217
  • Other Expense $100
  • Utility Expense $1,569
  • Trash Expense $2,634
  • Operating Expense $20,409
  • Gross Income $60,946

Additional Features

  • 3,544 Sq Ft Building
  • Laundry Facilities

Property Details

Home Type

Multi-Family

Year Built

1963

Lot Details

0

Listing Details

  • Zoning: RM
  • Subclass: Fourplex
  • Age: 50
  • Inspections Reports: Fault Zone, Geological/Flood, Flood Zone
  • Sale Price Per Sq Ft: 246.90
  • Listing Class: Residential Income (2-4 Units)
  • Max Numberof Unitsin Complex: 4
  • Min Numberof Unitsin Complex: 4
  • Structure Sq Ft: 3544
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1963

Interior Features

  • Kitchen: Garbage Disposal, Oven Range, Varies By Unit, Refrigerator
  • Living Sq Ft: 3544
  • Stories: 2
  • Laundry: Washer/Dryer - Leased, Washer/Dryer - Leased Coin-Op, Community Facility, In Garage
  • Flooring: Carpet - Area, Tile, Vinyl / Linoleum, Carpet

Exterior Features

  • Roof: Composition
  • View: Local/Neighborhood
  • Yard/Grounds: Sprinklers - Lawn, Deck

Garage/Parking

  • Garage Parking Features: Gate / Door Opener, Common Parking Area, Off-Street Parking

Utilities

  • Heating System: Wall Furnace, Central Forced Air
  • Sewer/Septic System: Sewer In Street, Sewer Connected

Schools

  • School District: San Jose Unified

Lot Info

  • Lot Description: Grade - Sloped Down
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 7150.00
  • Lot Size Area Maximum Units: Square Feet
  • Lot Size Area Max Search: 7150.00
  • Lot Size Area Min Search: 7150.00
  • Maximum Lot Size: 7150.00

Rental Info

  • Existing Lease Term(s): Month To Month
  • Gross Rent Multiplier: 12.61

Multi Family

  • Expense Insurance: 1822
  • Expense Landscape: 700
  • Expense Maintenance: 1800
  • Expense Management: 4217
  • Expenses Other: 100
  • Expenses Total: 20409
  • Expenses Utility: 1569
  • Expense Trash: 2634
  • Expense Water Sewer: 2610
  • Income Annual Gross: 60946.00
  • Income Annual Rental: 63504
  • Income Gross Scheduled: 64154
  • Income Includes: Laundry, Lease
  • Income Laundry: 650
  • Maximum Building Height: 2
  • Meters: Separate Electric, Separate Gas, Master Water
  • Minimum Building Height: 2
  • Number Of Buildings: 1
  • Operating Expenses Include: Utilities - Electric, Services - Trash Removal, Services - Gardener, Utilities - Water, Maintenance - Exterminator, Insurance, Accounting/Legal, Maintenance - Repair, Fee - Property Management, Fee - Property Tax, Services - Sewer, Vacancy Factor
  • Owner Pays: Electric, Garbage, Services - Gardener/Landscaping, Water
  • Tenant Expenses: Utilities - Gas, Utilities - Heating, Utilities - Hot Water, Cable Tv, Utilities - Electric
  • Vacancy Amount: 3208
  • Vacancy Factor: 5

Range of Values:

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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
06/04/2013 06/04/13 Sold $875,000 +8.2% $247 / Sq Ft
05/01/2013 05/01/13 Pending -- -- --
04/12/2013 04/12/13 For Sale $809,000 -- $228 / Sq Ft
Source: MLSListings

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81311851

MLSListings

APN: 455-26-037