NOT LISTED FOR SALE

816 Opal Dr San Jose, CA 95117

Castlemont Neighborhood
7 Beds
4 Baths
3,041 Sq Ft
7,405 Sq Ft Lot

Last Sold March 26, 2020

Last sale price $1,550,000 $510 Per Sq Ft

Highlights

  • 4 Car Attached Garage
  • Tandem Parking
  • Storage Room
  • Del Mar High School Rated A-
  • Laundry Room
  • Ceiling Fan

About This Home

As of March 2020

Large Owners Unit with Patio and Backyard. (2) Two-Car Garages and (4) Tenant Storage Lockers. Desirable Unit Mix: (1) 3x1, (1) 2x1, and (2) 1x1. Value-Add Opportunity with Strong Upside in Rents. Walking Distance to Santana Row.

Last Agent to Sell the Property

Eric Katz

Colliers Parrish International License #01900078 Listed on: 03/26/2020

Last Buyer's Agent

Xiaozhu Kang

Compass License #01999507

Compass

Property Details

Home Type

  • Multi-Family

Year Built

  • 1960

Lot Details

  • Back Yard

Parking

  • 4 Car Attached Garage
  • Tandem Parking
  • Uncovered Parking

Home Design

  • Quadruplex
  • Pillar, Post or Pier Foundation
  • Shingle Roof
  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 3,041 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Storage Room

Flooring

  • Carpet
  • Vinyl

Laundry

  • Laundry Room
  • Washer and Dryer

Utilities

  • Wall Furnace
  • Separate Meters
  • Individual Gas Meter

Listing and Financial Details

  • Total Actual Rent $97,500
  • Month-to-Month Lease Term

Community Details

Overview

Building Details

  • 3 Leased Units
  • Gardener Expense $960
  • Insurance Expense $1,190
  • Maintenance Expense $2,000
  • Utility Expense $3,800
  • Operating Expense $32,082
  • Gross Income $94,575

Property Details

Home Type

Multi-Family

Year Built

1960

Lot Details

0

Parking

4

Listing Details

  • Zoning: R3
  • Subclass: Fourplex
  • Age: 60
  • Listing Class: Residential Income (2-4 Units)
  • Structure Sq Ft: 3041
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1960

Interior Features

  • Living Sq Ft: 3041
  • Stories: 2
  • Laundry: Washer / Dryer
  • Flooring: Carpet, Vinyl / Linoleum
  • Additional Rooms: Laundry Room, Storage

Exterior Features

  • Foundation: Concrete Perimeter, Post And Pier
  • Roof: Composition, Shingle
  • Yard/Grounds: Back Yard

Garage/Parking

  • Garage Spaces: 4
  • Parking Spaces: 5
  • Garage Parking Features: Attached Garage, Tandem Parking, Uncovered Parking

Utilities

  • Cooling System: Ceiling Fan
  • Heating System: Wall Furnace
  • Sewer/Septic System: Sewer - Public

Schools

  • School District: Campbell Union High

Lot Info

  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 7200.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 7200.00

Rental Info

  • Existing Lease Term(s): 1 Year Lease, Month To Month
  • Gross Rent Multiplier: 15.90
  • Number Of Leased: 3

Multi Family

  • Utilities: Individual Electric Meters, Individual Gas Meters
  • Expense Insurance: 1190
  • Expense Landscape: 960
  • Expense Maintenance: 2000
  • Expenses Total: 32082
  • Expenses Utility: 3800
  • Income Annual Gross: 94575.00
  • Income Annual Rental: 97500
  • Income Gross Scheduled: 97500
  • Income Includes: Rents
  • Meters: Master Electric, Master Gas, Master Water
  • Number Of Buildings: 1
  • Operating Expenses Include: Fee - Property Tax, Loan - Principle & Interest, Maintenance - Repair, Services - Gardener, Services - Sewer, Utilities - Electric, Utilities - Gas, Utilities - Water
  • Tenant Expenses: Utilities - Electric, Utilities - Gas
  • Vacancy Factor: 3

Range of Values:

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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 Change Sq Ft Price
03/26/2020 03/26/20 Sold $1,550,000 0.0% $510 / Sq Ft
03/26/2020 03/26/20 Pending -- -- --
03/26/2020 03/26/20 For Sale $1,550,000 -- $510 / Sq Ft
Source: MLSListings

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • E

    Seller's Agent in 2020

    Eric Katz

    Colliers Parrish International

    Section Image

  • X

    Buyer's Agent in 2020

    Xiaozhu Kang

    Compass

    Section Image
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Map

Source: MLSListings

MLS Number: ML81787902

MLSListings

APN: 299-43-060

California Santa Clara County San Jose 95117 Castlemont

816 Opal Dr, San Jose, CA

This home is located at 816 Opal Dr, San Jose, CA 95117 since 26 March 2020. This property was built in 1960. 816 Opal Dr is a home located in Santa Clara County with nearby schools including Del Mar High School, Lynhaven Elementary School, and Monroe Middle School.

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