Seller's Agent in 2024
Mitchell Zurich
Marcus & Millichap
(408) 888-9594
1 in this area
66 Total Sales
790 Farm Dr San Jose, CA 95136
South San Jose Neighborhood
8
Beds
5
Baths
3,544
Sq Ft
8,281
Sq Ft Lot
About This Home
As of February 2024Marketing Package available upon request // The apartment complex located at 790 Farm Drive in San Jose, CA, presents a compelling investment opportunity in the thriving real estate market of Silicon Valley. Strategically situated in a prime location, the property benefits from its proximity to major tech hubs and employment centers, making it highly attractive to the region's workforce. San Jose, as a key player in the technology sector, continues to experience robust economic growth and a strong demand for housing. The apartment complex offers a range of amenities that cater to the lifestyle needs of potential tenants. With a diverse unit mix of 3-bedroom, 2-bedroom & 1-bedroom, the property is poised to attract a broad tenant demographic, including professionals working in the nearby tech companies.
Last Agent to Sell the Property
Marcus & Millichap License #01870648 Listed on: 01/23/2024
Property Details
Home Type
- Multi-Family
Year Built
- 1963
Lot Details
- 8,281 Sq Ft Lot
Parking
- 4 Car Attached Garage
Home Design
- Quadruplex
- Composition Roof
- Concrete Perimeter Foundation
Interior Spaces
- 3,544 Sq Ft Home
- 2-Story Property
Utilities
- Wall Furnace
- Separate Meters
- Individual Gas Meter
Listing and Financial Details
- Total Actual Rent $124,992
Community Details
Overview
Building Details
- 4 Leased Units
- Insurance Expense $2,600
- Maintenance Expense $2,000
- Other Expense $1,968
- Utility Expense $7,944
- Operating Expense $32,839
- Gross Income $121,242
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Home Values in the Area
Average Home Value in this Area
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 02/22/2024 02/22/24 | Sold | $1,560,000 | -2.2% | $440 / Sq Ft |
| 02/11/2024 02/11/24 | Pending | -- | -- | -- |
| 01/23/2024 01/23/24 | For Sale | $1,595,000 | -- | $450 / Sq Ft |
Source: MLSListings
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 | $21,036 | $1,591,200 | $1,081,200 | $510,000 |
| 2024 | $21,036 | $1,650,000 | $1,400,000 | $250,000 |
| 2023 | $9,202 | $627,304 | $313,652 | $313,652 |
| 2022 | $9,149 | $615,004 | $307,502 | $307,502 |
| 2021 | $8,916 | $602,946 | $301,473 | $301,473 |
| 2020 | $8,787 | $596,764 | $298,382 | $298,382 |
| 2019 | $8,609 | $585,064 | $292,532 | $292,532 |
| 2018 | $8,518 | $573,594 | $286,797 | $286,797 |
| 2017 | $8,438 | $562,348 | $281,174 | $281,174 |
| 2016 | $8,234 | $551,322 | $275,661 | $275,661 |
| 2015 | $8,141 | $543,042 | $271,521 | $271,521 |
| 2014 | -- | $532,406 | $266,203 | $266,203 |
Source: Public Records
Agents Affiliated with this Home
-
Mitchell Zurich
-
Joshua Michaelian
J
Buyer's Agent in 2024
Joshua Michaelian
Joshua A. Michaelian, Broker
(408) 887-2862
1 in this area
17 Total Sales
Map
Source: MLSListings
MLS Number: ML81952233
APN: 455-26-036
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