NOT LISTED FOR SALE
6 Beds
4 Baths
2,686 Sq Ft
7,148 Sq Ft

Last Sold July 08, 2021

Last sale price $1,475,000 $549 Per Sq Ft

56 Days on Market

Highlights

  • 4 Car Attached Garage
  • Tile Countertops
  • Coin Laundry
  • Double Pane Windows
  • Laundry Room
  • Washer and Dryer

About This Home

As of July 2021

Well maintained 4-unit property centrally located in West San Jose. Dual pane windows, each unit has their own garage, coin operated laundry room on-site, large backyard area for tenants to share and newer exterior paint. Units #1 and #2 are larger units with 2-bedrooms and 1-bathroom. Units #3 and #4 and 1-bedroom, 1-bathroom units. Close to 280, 880, 17, Santana Row, Valley Fair, Santa Clara Valley Medical Center and San Tomas Expressway.

Last Agent to Sell the Property

Julie Ann Hedrick

Cal-western Realty License #01472439 Listed on: 04/01/2021

Last Buyer's Agent

Maggie Xu

Maxreal License #01472823

Maxreal

Property Details

Home Type

  • Multi-Family

Year Built

  • 1960

Lot Details

  • 7,148 Sq Ft Lot
  • Back Yard

Parking

  • 4 Car Attached Garage

Home Design

  • Quadruplex
  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 2,686 Sq Ft Home
  • 2-Story Property
  • Double Pane Windows

Kitchen

  • Built-In Oven
  • Electric Cooktop
  • Tile Countertops

Flooring

  • Carpet
  • Laminate
  • Vinyl

Laundry

  • Laundry Room
  • Washer and Dryer

Utilities

  • Wall Furnace
  • Separate Meters
  • Individual Gas Meter

Listing and Financial Details

  • Total Actual Rent $77,046

Community Details

Overview

Amenities

  • Coin Laundry

Building Details

  • 3 Leased Units
  • Gardener Expense $1,465
  • Insurance Expense $2,568
  • Maintenance Expense $13,000
  • Manager Expense $5,252
  • Other Expense $500
  • Utility Expense $3,968
  • Operating Expense $32,122
  • Gross Income $74,895

Property Details

Home Type

Multi-Family

Year Built

1960

Lot Details

7,148 Sq Ft Lot

Parking

4

Listing Details

  • Zoning: R3
  • Subclass: Fourplex
  • Listing Class: Residential Income (2-4 Units)
  • Structure Sq Ft: 2686
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1960

Interior Features

  • Kitchen: Appliances - Vary By Unit, Cooktop - Electric, Countertop - Tile, Oven - Built-In, Refrigerator
  • Living Sq Ft: 2686
  • Stories: 2
  • Laundry: Coin Operated, Washer / Dryer
  • Flooring: Carpet, Laminate, Vinyl / Linoleum
  • Additional Rooms: Laundry Room

Exterior Features

  • Foundation: Concrete Perimeter
  • Roof: Composition
  • Yard/Grounds: Back Yard

Garage/Parking

  • Garage Spaces: 4
  • Parking Spaces: 4
  • Garage Parking Features: Attached Garage

Utilities

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

Schools

  • High School: 239

Lot Info

  • Lot Acres: 0.1641
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 7147.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 7147.00

Green Features

  • Energy Features: Double Pane Windows

Rental Info

  • Existing Lease Term(s): Month To Month
  • Gross Rent Multiplier: 20.40
  • Number Of Leased: 3

Multi Family

  • Utilities: Individual Electric Meters, Individual Gas Meters, Public Utilities
  • Expense Insurance: 2568
  • Expense Landscape: 1465
  • Expense Maintenance: 13000
  • Expense Management: 5252
  • Expenses Other: 500
  • Expenses Total: 32122
  • Expenses Utility: 3968
  • Income Annual Gross: 74895.00
  • Income Annual Rental: 77046
  • Income Gross Scheduled: 77211
  • Income Includes: Coin Operated Equip
  • Income Other: 165
  • Meters: Master Electric, Master Gas, Master Water, Separate Electric, Separate Gas
  • Number Of Buildings: 1
  • Operating Expenses Include: Fee - Property Management, Fee - Property Tax, Insurance, Maintenance, Services - Sewer, Services - Trash Removal, Utilities - Electric, Utilities - Gas, Utilities - Water, Vacancy Factor
  • 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
07/08/2021 07/08/21 Sold $1,475,000 -6.3% $549 / Sq Ft
05/28/2021 05/28/21 Pending -- -- --
05/14/2021 05/14/21 For Sale $1,575,000 0.0% $586 / Sq Ft
05/06/2021 05/06/21 Pending -- -- --
04/14/2021 04/14/21 For Sale $1,575,000 0.0% $586 / Sq Ft
04/09/2021 04/09/21 Pending -- -- --
04/01/2021 04/01/21 For Sale $1,575,000 -- $586 / 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 $23,063 $1,565,281 $1,167,328 $397,953
2024 $23,063 $1,534,590 $1,144,440 $390,150
2023 $22,566 $1,504,500 $1,122,000 $382,500
2022 $22,326 $1,475,000 $1,100,000 $375,000
2021 $5,727 $133,136 $42,666 $90,470
2020 $5,369 $131,772 $42,229 $89,543
2019 $5,149 $129,189 $41,401 $87,788
2018 $4,984 $126,657 $40,590 $86,067
2017 $4,881 $124,175 $39,795 $84,380
2016 $4,650 $121,741 $39,015 $82,726
2015 $4,569 $119,913 $38,429 $81,484
2014 $2,765 $117,565 $37,677 $79,888
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81836998

MLSListings

APN: 299-43-059

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