NOT LISTED FOR SALE
7 Beds
4 Baths
3,041 Sq Ft
7,405 Sq Ft

Last Sold March 26, 2020

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

Highlights

  • 4 Car Attached Garage
  • Laundry Room
  • Ceiling Fan
  • Tandem Parking
  • Storage Room
  • Washer and Dryer

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

7,405 Sq Ft Lot

Parking

4

Listing Details

  • Zoning: R3
  • Subclass: Fourplex
  • 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

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
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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
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

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 $24,673 $1,695,147 $1,312,373 $382,774
2024 $24,673 $1,661,910 $1,286,641 $375,269
2023 $24,151 $1,629,324 $1,261,413 $367,911
2022 $23,882 $1,597,378 $1,236,680 $360,698
2021 $23,317 $1,566,058 $1,212,432 $353,626
2020 $23,275 $1,607,417 $1,255,398 $352,019
2019 $22,900 $1,575,900 $1,230,783 $345,117
2018 $22,251 $1,545,000 $1,206,650 $338,350
2017 $4,777 $111,031 $27,447 $83,584
2016 $4,474 $108,855 $26,909 $81,946
2015 $4,394 $107,221 $26,505 $80,716
2014 $2,537 $105,121 $25,986 $79,135
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81787902

MLSListings

APN: 299-43-060

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