NOT LISTED FOR SALE
9 Beds
-- Bath
4,138 Sq Ft
7,841 Sq Ft Lot

Last Sold July 18, 2012

Last sale price $1,250,000 $302 Per Sq Ft

7 Days on Market

Highlights

  • Balcony
  • Tile Flooring
  • Laundry Facilities
  • Amy Imai Elementary School Rated A
  • Forced Air Heating System
  • Washer and Dryer

About This Home

As of July 2012

Great location. Freshly painted exterior, 4 units, close to everything. 1 car garage + 1 on site space per unit. Owners unit 3/2, 1588 SF LR/DR combo, FR + Laundry & yard,new paint & flooring. Long time tenants, very low rent. 2/1's will go for $1600-$1700 w/paint + flooring. 3 have back yards, 1 has balcony. Great opportunity, invest $12-$15K, then rent for $7400 monthly, $88,800 anually

Last Agent to Sell the Property

Rick Smith

Windermere Silicon Valley License #00907087 Listed on: 06/05/2012

Last Buyer's Agent

Sylvia Leung

Green Earth Investments License #01109971

Property Details

Home Type

  • Multi-Family

Year Built

  • 1964

Lot Details

  • 7,841

Parking

  • Covered Parking

Home Design

  • Quadruplex
  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 4,138 Sq Ft Home
  • 2-Story Property
  • Washer and Dryer

Kitchen

  • Oven or Range
  • Disposal

Flooring

  • Wall to Wall Carpet
  • Tile
  • Vinyl

Utilities

  • Cooling System Mounted To A Wall/Window
  • Forced Air Heating System
  • Heating System Uses Gas
  • Sewer Within 50 Feet

Additional Features

  • Energy-Efficient Insulation
  • Balcony

Listing and Financial Details

  • Total Actual Rent $46,800
  • The owner pays for garbage, hot water, water

Community Details

Building Details

  • Gardener Expense $600
  • Insurance Expense $1,500
  • Maintenance Expense $1,200
  • Utility Expense $900
  • Trash Expense $1,440
  • Operating Expense $9,083
  • Gross Income $47,400

Additional Features

  • 4,138 Sq Ft Building
  • Laundry Facilities

Property Details

Home Type

Multi-Family

Year Built

1964

Lot Details

0

Listing Details

  • Zoning: R31
  • Subclass: Fourplex
  • Age: 48
  • Inspections Reports: Fault Zone, Pest Control, Flood Zone
  • Sale Price Per Sq Ft: 302.08
  • Listing Class: Residential Income (2-4 Units)
  • Max Numberof Unitsin Complex: 4
  • Min Numberof Unitsin Complex: 4
  • Structure Sq Ft: 4138
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1964

Interior Features

  • Kitchen: Garbage Disposal, Oven Range, Varies By Unit, Refrigerator
  • Living Sq Ft: 4138
  • Stories: 2
  • Laundry: Washer/Dryer - Some Units, Washer/Dryer - Owned Coin-Op, Community Facility
  • Flooring: Tile, Carpet - Wall To Wall, Vinyl / Linoleum, Carpet

Exterior Features

  • Foundation: Concrete Perimeter
  • Roof: Composition
  • Yard/Grounds: Balcony / Patio

Garage/Parking

  • Garage Parking Features: Common Parking Area, Spaces Per Unit - 1

Utilities

  • Cooling System: Window / Wall Unit
  • Heating System: Central Forced Air, Gas
  • Sewer/Septic System: Sewer In Street, Sewer Connected

Schools

  • School District: Mountain View-Los Altos Union High

Lot Info

  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 8000.00
  • Lot Size Area Maximum Units: Square Feet
  • Lot Size Area Max Search: 8000.00
  • Lot Size Area Min Search: 8000.00
  • Maximum Lot Size: 8000.00

Green Features

  • Energy Features: Insulation - Unknown

Rental Info

  • Existing Lease Term(s): Month To Month
  • Gross Rent Multiplier: 25.32
  • Min Rent2 Bed1 Bath: 1200

Multi Family

  • Expense Insurance: 1500
  • Expense Landscape: 600
  • Expense Maintenance: 1200
  • Expenses Total: 9083
  • Expenses Utility: 900
  • Expense Trash: 1440
  • Expense Water Sewer: 900
  • Income Annual Gross: 47400.00
  • Income Annual Rental: 46800
  • Income Gross Scheduled: 47400
  • Income Includes: Laundry, Lease
  • Income Laundry: 600
  • Maximum Building Height: 2
  • Maximum Rent2 Bed1 Bath: 1350
  • Maximum Size2 Bed1 Bath: 850
  • Maximum Size3 Bed1 Plus Bath: 1588
  • Meters: Separate Electric, Separate Gas, Master Water
  • Minimum Building Height: 2
  • Minimum Size3 Bed1 Plus Bath: 1588
  • Number Of Buildings: 1
  • Operating Expenses Include: Services - Trash Removal, Utilities - Hot Water, Utilities - Water, Services - Gardener, Utilities - Gas, Insurance, Maintenance - Repair, Fee - Property Tax
  • Owner Pays: Garbage, Hot Water, Water
  • Tenant Expenses: Utilities - Gas, Utilities - Heating, Cable Tv, Utilities - Electric
  • Min Size2 Bed1 Bath: 850

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
07/18/2012 07/18/12 Sold $1,250,000 +19.1% $302 / Sq Ft
06/12/2012 06/12/12 Pending -- -- --
06/05/2012 06/05/12 For Sale $1,049,950 -- $254 / 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: ML81221139

MLSListings

APN: 198-07-021