NOT LISTED FOR SALE

807 Hope St Mountain View, CA 94041

4 Beds
-- Bath
1,744 Sq Ft
3,920 Sq Ft Lot

Last Sold February 07, 2014

Last sale price $1,345,000 $771 Per Sq Ft

11 Days on Market

Highlights

  • Neighborhood Views
  • Vinyl Flooring
  • 5-minute walk to Pioneer Memorial Park
  • Edith Landels Elementary School Rated A-
  • 1-Story Property

About This Home

As of February 2014

What a Location! A block from downtown Mountain View; easy access to Hwy 237 & 85, close to headquarters of Facebook, LinkedIn, Apple and other major employers. Landels Elementary (2013 API:856) a mere .9 miles away; Graham Middle (2013 API:866) within .5 miles. Great tenants in place in well-maintained 2 bed/1 bath units. Historically low vacancy and high potential rents make this a slam dunk!!

Last Agent to Sell the Property

Brett Bynum

Intero Real Estate Services License #01728689 Listed on: 01/19/2014

Intero Real Estate Services

Last Buyer's Agent

John Chao

Action Properties License #01314661

Property Details

Home Type

  • Multi-Family

Year Built

  • 1952

Lot Details

  • 3,920

Home Design

  • Duplex
  • Shingle Roof
  • Composition Roof

Interior Spaces

  • 1,744 Sq Ft Home
  • 1-Story Property
  • Vinyl Flooring
  • Neighborhood Views
  • Oven or Range
  • Laundry in Garage

Parking

  • Garage
  • Private Parking
  • Garage Door Opener

Utilities

  • Wall Furnace
  • Sewer Within 50 Feet

Listing and Financial Details

  • Total Actual Rent $36,000
  • The owner pays for garbage, services - gardener/landscaping, water

Community Details

Overview

  • 1,744 Sq Ft Building

Building Details

  • Operating Expense $1,157
  • Gross Income $1,800

Property Details

Home Type

Multi-Family

Year Built

1952

Lot Details

0

Listing Details

  • Zoning: R2
  • Subclass: Duplex
  • Inspections Reports: Fault Zone, Geological/Flood, Pest Control, Property Inspection, Flood Zone
  • Sale Price Per Sq Ft: 771.22
  • Listing Class: Residential Income (2-4 Units)
  • Max Numberof Unitsin Complex: 2
  • Min Numberof Unitsin Complex: 2
  • Structure Sq Ft: 1744
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1952

Interior Features

  • Kitchen: Varies By Unit, Oven Range
  • Living Sq Ft: 1744
  • Stories: 1
  • Laundry: 220 Volt Outlet, In Garage
  • Flooring: Carpet - Area, Vinyl / Linoleum

Exterior Features

  • Roof: Shingle, Composition
  • View: Local/Neighborhood

Garage/Parking

  • Garage Parking Features: Gate / Door Opener, Private / Exclusive, Spaces Per Unit - 1

Utilities

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

Schools

  • High School: 266

Lot Info

  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 4000.00
  • Lot Size Area Maximum Units: Square Feet
  • Lot Size Area Max Search: 4000.00
  • Lot Size Area Min Search: 4000.00
  • Maximum Lot Size: 4000.00

Rental Info

  • Existing Lease Term(s): Month To Month
  • Gross Rent Multiplier: 31.94

Multi Family

  • Expenses Total: 1157
  • Income Annual Gross: 1800.00
  • Income Annual Rental: 36000
  • Income Gross Scheduled: 36000
  • Income Includes: Lease
  • Maximum Building Height: 1
  • Meters: Separate Electric, Separate Gas
  • Minimum Building Height: 1
  • Number Of Buildings: 1
  • Operating Expenses Include: Services - Trash Removal, Services - Gardener, Utilities - Water, Fee - Property Tax
  • Owner Pays: Garbage, Services - Gardener/Landscaping, Water
  • Tenant Expenses: Utilities - Gas, Utilities - Heating, Utilities - Hot Water, Cable Tv, Utilities - Electric
  • Vacancy Amount: 34200
  • Vacancy Factor: 95

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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List Price
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 List to Sale Price per Sq Ft
02/07/2014 02/07/14 Sold $1,345,000 +17.0% $771 / Sq Ft
01/30/2014 01/30/14 Pending -- -- --
01/19/2014 01/19/14 For Sale $1,150,000 -- $659 / 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: ML81401793

MLSListings

APN: 158-06-044