NOT LISTED FOR SALE
5 Beds
-- Bath
1,933 Sq Ft
2,614 Sq Ft Lot

Last Sold April 26, 2013

Last sale price $700,000 $362 Per Sq Ft

34 Days on Market

Highlights

  • Building Patio
  • Level Lot
  • Wall to Wall Carpet

About This Home

As of April 2013

Outstanding investment opportunity! 2 blocks to SJSU. New dual paned windows and exterior paint. New hot water heater. All units upgraded with new carpets, flooring, appliances, paint. (4) Carports plus (4) open tandem spaces. Low maintenance investment. New concrete patio in rear. Strong in place rents with upside potential.

Last Agent to Sell the Property

Justin Bautista

Cassidy Turley Northern California, Inc. License #01268331 Listed on: 02/14/2013

Property Details

Home Type

  • Multi-Family

Year Built

  • 1957

Lot Details

  • Level Lot

Home Design

  • Quadruplex
  • Composition Roof

Interior Spaces

  • 1,933 Sq Ft Home
  • 2-Story Property

Kitchen

  • Oven or Range
  • Disposal

Flooring

  • Wall to Wall Carpet
  • Vinyl

Parking

  • Carport
  • Uncovered Parking

Utilities

  • Wall Furnace
  • Sewer Within 50 Feet

Listing and Financial Details

  • Total Actual Rent $52,200
  • The owner pays for garbage, services - gardener/landscaping, hot water, water

Community Details

Building Details

  • Gardener Expense $600
  • Insurance Expense $700
  • Maintenance Expense $2,400
  • Other Expense $2,088
  • Utility Expense $960
  • Trash Expense $900
  • Operating Expense $20,195
  • Gross Income $52,200

Additional Features

  • 1,933 Sq Ft Building
  • Building Patio

Property Details

Home Type

Multi-Family

Year Built

1957

Lot Details

0

Listing Details

  • Zoning: RM
  • Subclass: Fourplex
  • Age: 56
  • Inspections Reports: Flood Zone
  • Sale Price Per Sq Ft: 362.13
  • Listing Class: Residential Income (2-4 Units)
  • Max Numberof Unitsin Complex: 4
  • Min Numberof Unitsin Complex: 4
  • Structure Sq Ft: 1933
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1957

Interior Features

  • Kitchen: Garbage Disposal, Oven Range, Refrigerator
  • Living Sq Ft: 1933
  • Stories: 2
  • Laundry: Laundry - No
  • Flooring: Carpet - Wall To Wall, Vinyl / Linoleum, Carpet

Exterior Features

  • Roof: Composition

Garage/Parking

  • Garage Parking Features: Spaces Per Unit - 1, Uncovered Parking, Carport

Utilities

  • Heating System: Wall Furnace
  • Sewer/Septic System: Sewer In Street, Sewer Connected

Condo/Co-op/Association

  • HOA Amenities: Patio - Common

Association/Amenities

  • Amenities Miscellaneous: Storage Area(s)

Schools

  • School District: San Jose Unified

Lot Info

  • Lot Description: Grade - Level
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 2967.00
  • Lot Size Area Maximum Units: Square Feet
  • Lot Size Area Max Search: 2967.00
  • Lot Size Area Min Search: 2967.00
  • Maximum Lot Size: 2967.00

Rental Info

  • Existing Lease Term(s): Month To Month
  • Gross Rent Multiplier: 13.89

Multi Family

  • Expense Insurance: 700
  • Expense Landscape: 600
  • Expense Maintenance: 2400
  • Expenses Other: 2088
  • Expenses Total: 20195
  • Expenses Utility: 960
  • Expense Trash: 900
  • Expense Water Sewer: 2400
  • Income Annual Gross: 52200.00
  • Income Annual Rental: 52200
  • Income Gross Scheduled: 52200
  • Income Includes: Lease
  • Maximum Building Height: 2
  • Meters: Separate Electric, Separate Gas, Master Water
  • Minimum Building Height: 2
  • Number Of Buildings: 1
  • Operating Expenses Include: Services - Trash Removal, Services - Gardener, Utilities - Hot Water, Utilities - Water, Utilities - Gas, Insurance, Maintenance - Repair, Fee - Property Tax, Services - Sewer, Vacancy Factor, Utilities - Electric
  • Owner Pays: Garbage, Services - Gardener/Landscaping, Hot Water, Water
  • Tenant Expenses: Utilities - Gas, Utilities - Heating, Cable Tv, Utilities - Electric

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 List to Sale Price per Sq Ft
04/26/2013 04/26/13 Sold $700,000 -3.4% $362 / Sq Ft
03/20/2013 03/20/13 Pending -- -- --
02/14/2013 02/14/13 For Sale $725,000 -- $375 / 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: ML81304483

MLSListings

APN: 467-17-026