NOT LISTED FOR SALE
4 Beds
2 Baths
1,676 Sq Ft
5,837 Sq Ft Lot

Last Sold May 30, 2017

Last sale price $860,000 $513 Per Sq Ft

11 Days on Market

Highlights

  • Granite Countertops
  • Carpet
  • 1-Story Property
  • Washer and Dryer

About This Home

As of May 2017

Perfect opportunity for investors or first time home buyers who want to live in one unit and rent the other. Nicely updated and well maintained. Each unit is apprx 838 Sq ft. Floor plan for each includes spacious living room area, larger kitchens with informal dining, bathrooms with tub and shower, plus 2 full sized bedrooms and spacious closet areas. #823 (2/1) and #821 (2/1) have updated bathrooms, flooring (linoleum and carpet) paint and newer lighting. #823 has granite counter tops in kitchen, wood burning fireplace, sliding doors with access to patio and private backyard. Each unit has laundry hook ups in the attached oversized 1 garage with direct access into the home. Units each have separate meters for utilities. Property is located just a short distance from shopping, highway 101 and downtown San Jose.

Last Agent to Sell the Property

Patricia Kelner

Coldwell Banker Realty License #01443696 Listed on: 05/10/2017

Coldwell Banker Realty

Co-Listed By

David Lindsay

Coldwell Banker Realty License #00927727

Last Buyer's Agent

Mark Dwelle

Christie's International Real Estate Sereno License #01436775

Christie's International Real Estate Sereno

Property Details

Home Type

  • Multi-Family

Year Built

  • 1962

Lot Details

  • 5,837 Sq Ft Lot

Parking

  • 2 Car Garage

Home Design

  • Duplex
  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,676 Sq Ft Home
  • 1-Story Property
  • Washer and Dryer

Kitchen

  • Oven or Range
  • Electric Cooktop
  • Range Hood
  • Granite Countertops
  • Tile Countertops

Flooring

  • Carpet
  • Vinyl

Utilities

  • Wall Furnace
  • Vented Exhaust Fan
  • Separate Meters
  • Individual Gas Meter

Listing and Financial Details

  • Total Actual Rent $48,600

Community Details

Overview

Building Details

  • 1 Leased Unit
  • Gardener Expense $1,900
  • Insurance Expense $1,032
  • Maintenance Expense $729
  • Manager Expense $2,216
  • Operating Expense $12,199
  • Gross Income $48,114

Property Details

Home Type

Multi-Family

Year Built

1962

Lot Details

0

Parking

2

Listing Details

  • Zoning: R2
  • Subclass: Duplex
  • Style: Tract
  • Age: 55
  • Listing Class: Residential Income (2-4 Units)
  • Structure Sq Ft: 1676
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1962

Interior Features

  • Kitchen: Cooktop - Electric, Countertop - Granite, Countertop - Tile, Exhaust Fan, Hood Over Range, Oven Range, Refrigerator, Varies By Unit
  • Living Sq Ft: 1676
  • Stories: 1
  • Laundry: Washer / Dryer
  • Flooring: Carpet, Vinyl / Linoleum

Exterior Features

  • Foundation: Concrete Perimeter
  • Roof: Composition

Garage/Parking

  • Garage Spaces: 2
  • Garage Parking Features: Attached Garage

Utilities

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

Schools

  • School District: San Jose Unified
  • Elementary School: Walter L. Bachrodt Elementar
  • Middle School: Peter Burnett Middle
  • High School: San Jose High Academy
  • High School: 349
  • Elementary School: 357
  • Middle School: 337

Lot Info

  • Lot Acres: 0.1340
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 5850.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 5850.00

Rental Info

  • Existing Lease Term(s): Month To Month
  • Gross Rent Multiplier: 15.62
  • Number Of Leased: 1

Multi Family

  • Utilities: Individual Electric Meters, Individual Gas Meters, Public Utilities
  • Expense Insurance: 1032
  • Expense Landscape: 1900
  • Expense Maintenance: 729
  • Expense Management: 2216
  • Expenses Total: 12199
  • Income Annual Gross: 48114.00
  • Income Annual Rental: 48600
  • Income Gross Scheduled: 48600
  • Meters: Separate Electric, Separate Gas, Separate Water
  • Number Of Buildings: 1
  • Operating Expenses Include: Fee - Property Management, Maintenance, Services - Gardener
  • Tenant Expenses: Utilities - Electric, Utilities - Gas, Utilities - Heating, Utilities - Hot Water, Utilities - Water
  • Vacancy Factor: 1

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
05/30/2017 05/30/17 Sold $860,000 +13.3% $513 / Sq Ft
05/22/2017 05/22/17 Pending -- -- --
05/10/2017 05/10/17 For Sale $759,000 -- $453 / 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: ML81650884

MLSListings

APN: 249-14-089