NOT LISTED FOR SALE
9 Beds
5 Baths
3,824 Sq Ft
7,405 Sq Ft Lot

Sale Details

Date Sold: March 29, 2024

Last sale price $1,775,000 $464 Per Sq Ft

8 Days on Market

About This Home

As of March 2024

819 Opal Dr is a 4-unit two-story building consisting of (1) 3 bed 2 bath and (3) 2 bed 1 bath units. The area where the building is situated has plenty of off-street parking, and the property provides designated car ports to its tenants. The building has gotten a recent upgrade with a brand new roof and one renovated unit. The property is located less than one mile away from Santana Row and less than two blocks away from Highway 280 entrances, making access simple and convenient. Its prime location is right in between downtown San Jose and Cupertino/Sunnyvale two areas that are home to many companies, such as Cisco, PayPal, FICO, ZOOM, Western Digital, Sage Intacct, PWC, Adobe, and the Apple Headquarters. The property provides its tenants with an on-site coin-operated washer and dryer, for their convenience. Most of the tenants are long-term and have month-to-month leases. The brand new roof is low pitch with asphalt shingles, while the foundation is a concrete perimeter with a crawl space. Unit 2 is currently vacant, and Unit 1 has been remodeled with a new kitchen and bathroom.

Last Agent to Sell the Property

Ray Rodriguez

Compass License #01999734 Listed on: 02/28/2024

Compass

Co-Listed By

Tyler Charron

Compass License #02201795

Last Buyer's Agent

Ray Rodriguez

Compass License #01999734 Listed on: 02/28/2024

Compass

Property Details

Home Type

  • Multi-Family

Year Built

  • 1960

Lot Details

  • 7,405 Sq Ft Lot

Home Design

  • Quadruplex
  • Flat Roof Shape
  • Shingle Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 3,824 Sq Ft Home
  • 2-Story Property
  • Crawl Space

Parking

  • 4 Carport Spaces
  • Off-Street Parking

Utilities

  • Wall Furnace
  • Separate Meters
  • Individual Gas Meter
  • Private Sewer

Listing and Financial Details

  • Total Actual Rent $112,140
  • Month-to-Month Lease Term

Community Details

Overview

Building Details

  • 4 Leased Units
  • Insurance Expense $5,000
  • Maintenance Expense $1,200
  • Other Expense $1,981
  • Utility Expense $8,856
  • Trash Expense $1,794
  • Operating Expense $40,733
  • Gross Income $111,104

Property Details

Home Type

Multi-Family

Year Built

1960

Lot Details

7,405 Sq Ft Lot

Listing Details

  • Zoning: RM
  • Subclass: Fourplex
  • Listing Class: Residential Income (2-4 Units)
  • Structure Sq Ft: 3824
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1960

Interior Features

  • Living Sq Ft: 3824
  • Stories: 2

Exterior Features

  • Foundation: Concrete Perimeter, Crawl Space
  • Roof: Flat / Low Pitch, Shingle

Garage/Parking

  • Garage Parking Features: Carport, Off-Street Parking
  • Carport Min: 4

Utilities

  • Heating System: Wall Furnace
  • Sewer/Septic System: Sewer - Private

Lot Info

  • Lot Acres: 0.1700
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 7405.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 7405.00

Rental Info

  • Existing Lease Term(s): 1 Year Lease, Month To Month
  • Gross Rent Multiplier: 15.93
  • Number Of Leased: 4

Multi Family

  • Utilities: Individual Electric Meters, Individual Gas Meters
  • Expense Insurance: 5000
  • Expense Maintenance: 1200
  • Expenses Other: 1981
  • Expenses Total: 40733
  • Expenses Utility: 8856
  • Expense Trash: 1794
  • Income Annual Gross: 111104.00
  • Income Annual Rental: 112140
  • Income Gross Scheduled: 114540
  • Income Includes: Laundry, Rents
  • Income Other: 2400
  • Meters: Master Water, Separate Common Area, Separate Electric, Separate Gas
  • Number Of Buildings: 1
  • Operating Expenses Include: Fee - Property Tax, Insurance, Maintenance - Repair, Services - Sewer, Services - Trash Removal, Utilities - Electric, Utilities - Gas
  • 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

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
03/29/2024 03/29/24 Sold $1,775,000 -2.7% $464 / Sq Ft
03/08/2024 03/08/24 Pending -- -- --
02/28/2024 02/28/24 For Sale $1,825,000 -- $477 / 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 $7,956 $1,810,500 $1,402,500 $408,000
2024 $7,956 $487,464 $162,479 $324,985
2023 $7,736 $477,907 $159,294 $318,613
2022 $7,725 $468,537 $156,171 $312,366
2021 $7,520 $459,351 $153,109 $306,242
2020 $7,395 $454,642 $151,540 $303,102
2019 $7,297 $445,728 $148,569 $297,159
2018 $7,109 $436,989 $145,656 $291,333
2017 $7,010 $428,421 $142,800 $285,621
2016 $6,620 $420,021 $140,000 $280,021
2015 $6,496 $413,713 $137,898 $275,815
2014 $6,151 $405,610 $135,197 $270,413
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81955770

MLSListings

APN: 299-43-054

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