NOT LISTED FOR SALE
8 Beds
4 Baths
3,759 Sq Ft
8,002 Sq Ft Lot

Last Sold December 16, 2021

Last sale price $2,390,000 $636 Per Sq Ft

266 Days on Market

Highlights

  • 0.18 Acre Lot
  • Tile Countertops
  • Laundry Room
  • Amy Imai Elementary School Rated A
  • Secured Garage or Parking
  • Attic Fan

About This Home

As of December 2021

A real gem! A well-maintained, quality-construction four-plex, owned by 1 family since new. Many recent upgrades in some units. Spacious 2 br/1ba units with large living rooms and eat-in space in kitchens. Large closets with cedar floors. Room for 2 tenant cars - each unit has a 1 car garage with opener (and a small storage room), plus there are 3 assigned parking spaces and 1 carport. Concrete perimeter foundations, separate, upgraded forced-air furnaces. Two story construction over garages, with a minimum of shared walls. A laundry room (rented washer/dryer) and a work shop room with bench and separate utility hookups. Mountain View schools. Convenient to Highway 85 and Silicon Valley locations. A great property for an investor. family, or an owner/occupant.

Last Listed By

Tom Shafer jr

Shafer's Real Estate License #00829939 Listed on: 03/02/2021

Property Details

Home Type

  • Multi-Family

Year Built

  • 1964

Lot Details

  • 8,002 Sq Ft Lot
  • Fenced
  • Sprinklers on Timer

Parking

  • 4 Car Garage
  • 1 Carport Space
  • Secured Garage or Parking
  • Assigned Parking

Home Design

  • Quadruplex
  • Wood Frame Construction
  • Ceiling Insulation
  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 3,759 Sq Ft Home
  • 2-Story Property
  • Attic Fan
  • Laundry Room

Kitchen

  • Built-In Oven
  • Electric Oven
  • Electric Cooktop
  • Range Hood
  • Dishwasher
  • Tile Countertops
  • Formica Countertops
  • Disposal

Flooring

  • Carpet
  • Laminate
  • Vinyl

Utilities

  • Forced Air Heating System
  • Vented Exhaust Fan
  • Heating System Uses Gas
  • Separate Meters
  • 220 Volts
  • Individual Gas Meter

Listing and Financial Details

  • Total Actual Rent $101,712

Community Details

Overview

Building Details

  • 2 Leased Units
  • Gardener Expense $1,900
  • Insurance Expense $2,379
  • Maintenance Expense $1,370
  • Other Expense $428
  • Utility Expense $4,902
  • Trash Expense $1,680
  • Operating Expense $14,693
  • Gross Income $99,678

Property Details

Home Type

Multi-Family

Year Built

1964

Lot Details

0

Parking

4

Listing Details

  • Zoning: Multi-Family
  • Subclass: Fourplex
  • Style: Ranch
  • Age: 57
  • Listing Class: Residential Income (2-4 Units)
  • Structure Sq Ft: 3759
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1964

Interior Features

  • Kitchen: 220 Volt Outlet, Appliances - Vary By Unit, Cooktop - Electric, Countertop - Formica, Countertop - Tile, Dishwasher, Exhaust Fan, Garbage Disposal, Hood Over Range, Oven - Built-In, Oven Range, Oven Range - Built-In, Oven Range - Electric, Varies By Unit
  • Living Sq Ft: 3759
  • Stories: 2
  • Security: Secured Garage / Parking
  • Flooring: Carpet, Laminate, Vinyl / Linoleum
  • Additional Rooms: Laundry Room, Storage

Exterior Features

  • Foundation: Concrete Perimeter
  • Roof: Composition
  • Yard/Grounds: Fenced, Sprinklers - Auto
  • Construction Type: Wood Frame

Garage/Parking

  • Garage Spaces: 4
  • Parking Spaces: 3
  • Garage Parking Features: Assigned Spaces, Attached Garage, Carport
  • Carport Min: 1

Utilities

  • Heating System: Forced Air, Gas
  • Sewer/Septic System: Sewer - Public

Schools

  • School District: Mountain View-Los Altos Union High

Lot Info

  • Lot Acres: 0.1837
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 8000.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 8000.00

Green Features

  • Energy Features: Attic Fan, Ceiling Insulation

Rental Info

  • Existing Lease Term(s): Month To Month, Security Deposit
  • Gross Rent Multiplier: 23.60
  • Number Of Leased: 2

Multi Family

  • Utilities: Individual Electric Meters, Individual Gas Meters
  • Expense Insurance: 2379
  • Expense Landscape: 1900
  • Expense Maintenance: 1370
  • Expenses Other: 428
  • Expenses Total: 14693
  • Expenses Utility: 4902
  • Expense Trash: 1680
  • Income Annual Gross: 99678.00
  • Income Annual Rental: 101712
  • Income Gross Scheduled: 101712
  • Income Includes: Coin Operated Equip, Laundry, Parking, Storage Area
  • Meters: Master Water, Separate Electric, Separate Gas
  • Number Of Buildings: 1
  • Operating Expenses Include: Fee - License/Advertising, Services - Trash Removal, Utilities - Hot Water, Utilities - Water
  • Tenant Expenses: Utilities - Electric, Utilities - Gas, Utilities - Heating
  • Vacancy Factor: 2

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
12/16/2021 12/16/21 Sold $2,390,000 0.0% $636 / Sq Ft
11/24/2021 11/24/21 Pending -- -- --
11/17/2021 11/17/21 Off Market $2,390,000 -- --
09/24/2021 09/24/21 Price Changed $2,400,000 -1.0% $638 / Sq Ft
07/13/2021 07/13/21 Price Changed $2,424,950 -3.0% $645 / Sq Ft
05/03/2021 05/03/21 Price Changed $2,499,500 -2.0% $665 / Sq Ft
03/02/2021 03/02/21 For Sale $2,549,950 -- $678 / 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: ML81832094

MLSListings

APN: 198-07-020