NOT LISTED FOR SALE
9 Beds
5 Baths
3,076 Sq Ft
6,229 Sq Ft Lot

Last Sold August 13, 2018

Last sale price $1,390,000 $452 Per Sq Ft

101 Days on Market

Highlights

  • Granite Countertops
  • 1 Car Attached Garage
  • Guest Parking
  • Del Mar High School Rated A-
  • Tile Flooring
  • Forced Air Heating System

About This Home

As of August 2018

Welcome, and thank you for your interest in this well maintained 4 unit property in the heart of San Jose. We have now reduced the price significantly, as my clients are ready to retire and start their next chapter in life. All the units have been upgraded with new floors and granite kitchen counter tops, some kitchens have newer cabinets as well. Also some bathrooms have been updated, and there are duel pane windows throughout. All of the units have outdoor patio space, carport parking for each unit and private garage parking for the front unit. Deland is close to many different amenities such as shopping and restaurants. Close proximity to Fruitdale Lightrail station with great freeway access to HWY 280. Close proximity to downtown Willow Glen, Valley Fair Mall and Santana Row. This property is within 2 miles of the new proposed Google campus. You are welcome to drive by but please do not disturb tenants.

Last Agent to Sell the Property

Gregory Stephens

Losness Investment Real Estate Corp License #01441238 Listed on: 04/03/2018

Losness Investment Real Estate Corp

Last Buyer's Agent

Hugo De Hoyos

Intero Real Estate Services License #01153534

Intero Real Estate Services

Property Details

Home Type

  • Multi-Family

Year Built

  • 1961

Lot Details

  • 6,229 Sq Ft Lot

Parking

  • 1 Car Attached Garage
  • 3 Carport Spaces
  • Guest Parking
  • On-Street Parking

Home Design

  • Quadruplex
  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 3,076 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Washer and Dryer Hookup

Kitchen

  • Electric Oven
  • Electric Cooktop
  • Microwave
  • Dishwasher
  • Granite Countertops

Flooring

  • Carpet
  • Laminate
  • Tile

Utilities

  • Cooling System Mounted To A Wall/Window
  • Forced Air Heating System
  • Wall Furnace
  • Separate Meters
  • Individual Gas Meter

Listing and Financial Details

  • Total Actual Rent $72,600

Community Details

Overview

Building Details

  • 4 Leased Units
  • Other Expense $7,836
  • Operating Expense $19,471
  • Gross Income $71,874

Property Details

Home Type

Multi-Family

Year Built

1961

Lot Details

0

Parking

1

Listing Details

  • Zoning: RM
  • Subclass: Fourplex
  • Age: 57
  • Listing Class: Residential Income (2-4 Units)
  • Structure Sq Ft: 3076
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1961

Interior Features

  • Kitchen: Appliances - Vary By Unit, Cooktop - Electric, Countertop - Granite, Dishwasher, Microwave, Oven - Electric, Refrigerator
  • Living Sq Ft: 3076
  • Stories: 2
  • Laundry: Hookups Only
  • Flooring: Carpet, Laminate, Tile

Exterior Features

  • Foundation: Concrete Perimeter
  • Roof: Composition

Garage/Parking

  • Garage Spaces: 1
  • Parking Spaces: 2
  • Garage Parking Features: Attached Garage, Carport, Guest / Visitor Parking, On Street
  • Carport Min: 3

Utilities

  • Cooling System: Ceiling Fan, Window / Wall Unit
  • Heating System: Forced Air, Wall Furnace
  • Sewer/Septic System: Sewer - Public

Schools

  • School District: Campbell Union High

Lot Info

  • Lot Acres: 0.1430
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 6229.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 6229.00

Rental Info

  • Existing Lease Term(s): Month To Month
  • Gross Rent Multiplier: 19.21
  • Number Of Leased: 4

Multi Family

  • Utilities: Individual Electric Meters, Individual Gas Meters, Public Utilities
  • Expenses Other: 7836
  • Expenses Total: 19471
  • Income Annual Gross: 71874.00
  • Income Annual Rental: 72600
  • Income Gross Scheduled: 72600
  • Income Includes: Rents
  • Meters: Separate Common Area, Separate Electric, Separate Gas, Separate Water
  • Number Of Buildings: 1
  • Operating Expenses Include: Fee - Property Tax, Insurance, Maintenance, Miscellaneous/Other, Utilities, Utilities - Gas, Utilities - Water
  • Tenant Expenses: Utilities - Electric, Utilities - Gas
  • Vacancy Factor: 1

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 Change Sq Ft Price
08/13/2018 08/13/18 Sold $1,390,000 -0.4% $452 / Sq Ft
07/14/2018 07/14/18 Pending -- -- --
07/06/2018 07/06/18 Price Changed $1,394,888 0.0% $453 / Sq Ft
07/06/2018 07/06/18 For Sale $1,394,888 +0.4% $453 / Sq Ft
07/05/2018 07/05/18 Off Market $1,390,000 -- --
05/15/2018 05/15/18 Price Changed $1,475,888 -3.2% $480 / Sq Ft
04/03/2018 04/03/18 For Sale $1,525,000 -- $496 / 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: ML81699039

MLSListings

APN: 282-37-035