NOT LISTED FOR SALE
-- Bed
-- Bath
2,816 Sq Ft
5,101 Sq Ft Lot

Last Sold March 12, 2021

Last sale price $1,500,000 $533 Per Sq Ft

265 Days on Market

About This Home

As of March 2021

Great Income Opportunity. Get great cash flow @ Market Rent Rates $2300/per month. $110,400 gross schedule Rents! High Cap Rate! Fully Remodeled 4plex. Potential large google expansion 5-10 mins away. Every unit has been remodeled & are turn key ready. New laminate flooring, doors, baseboards & finishing throughout the entire home. All kitchens have been remodeled & upgraded to be more attractive than any other units in the area. Come see the Brand new Kitchen cabinets w/plenty of storage space & New Luxury Granite counter tops. Your tenants will also be wowed w/New stainless steel appliances, gas range & fridge. All Baths have been updated to be modern w/new vanities, upgraded tile showers with mosaic feature and tile floors. additional storage space for each unit & 2 parking spaces. Easy access to 280 & 101 freeway, downtown San Jose, & San Jose State College. Close to amenities like shopping, restaurants, entertainment, transportation, freeways.

Last Agent to Sell the Property

Frank Liu

RE/MAX Gold License #00991680 Listed on: 06/11/2020

Last Buyer's Agent

Yajnesh Rai

Keller Williams Realty-Silicon Valley License #01924991

Keller Williams Realty-Silicon Valley

Property Details

Home Type

  • Multi-Family

Year Built

  • 1959

Lot Details

  • 5,101

Home Design

  • 2,816 Sq Ft Home
  • Quadruplex
  • Wood Frame Construction
  • Composition Roof

Parking

  • 8 Parking Spaces
  • On-Street Parking

Additional Features

  • 5,101 Sq Ft Lot
  • Wall Furnace

Community Details

  • 2,816 Sq Ft Building
  • 4 Leased Units

Property Details

Home Type

Multi-Family

Year Built

1959

Lot Details

0

Listing Details

  • Zoning: R4
  • Subclass: Fourplex
  • Age: 62
  • Listing Class: Residential Income (2-4 Units)
  • Structure Sq Ft: 2816
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1959

Interior Features

  • Living Sq Ft: 2816

Exterior Features

  • Foundation: Wood Frame
  • Roof: Composition

Garage/Parking

  • Parking Spaces: 8
  • Garage Parking Features: On Street

Utilities

  • Heating System: Wall Furnace
  • Sewer/Septic System: Sewer Connected

Schools

  • School District: East Side Union High

Lot Info

  • Lot Acres: 0.1171
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 5100.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 5100.00

Rental Info

  • Existing Lease Term(s): Lease(s)
  • Number Of Leased: 4

Multi Family

  • Utilities: Public Utilities
  • Income Includes: Lease
  • Meters: Master Gas, Separate Electric, Separate Water
  • Number Of Buildings: 4
  • Operating Expenses Include: Fee - Property Tax, Insurance, Services - Gardener, Services - Trash Removal, Vacancy Factor
  • Tenant Expenses: Utilities - Electric, Utilities - Heating, Utilities - Hot Water

Range of Values:

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Average Value
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List Price
Sold Price
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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
03/12/2021 03/12/21 Sold $1,500,000 -6.3% $533 / Sq Ft
03/04/2021 03/04/21 Pending -- -- --
06/11/2020 06/11/20 For Sale $1,600,000 +8.8% $568 / Sq Ft
12/01/2017 12/01/17 Sold $1,470,000 -11.4% $522 / Sq Ft
11/15/2017 11/15/17 Pending -- -- --
10/27/2017 10/27/17 For Sale $1,658,888 -- $589 / 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: ML81832612

MLSListings

APN: 472-32-024