NOT LISTED FOR SALE

833 Jeanne Ave San Jose, CA 95116

Brookwood Terrace Neighborhood
8 Beds
4 Baths
2,815 Sq Ft
5,079 Sq Ft Lot

Last Sold June 15, 2021

Last sale price $1,595,000 $567 Per Sq Ft

27 Days on Market

Highlights

  • Granite Countertops
  • Tile Flooring
  • Coin Laundry
  • Laundry Room

About This Home

As of June 2021

Looking for a great 4-plex investment property, THIS IS IT!!! Annual gross income is $98746, with a great Cap Rate of 4.6%. All 4 units are fully rented. Owner had done a huge renovation and upgrade in this building. Replacing all electrical main panels, New flooring, base broads, doors, locks, replacing new furnaces, thermostats, door stoppers, light fixtures, upgraded kitchens, bathrooms, replacing all the electric switches, plugs and rewiring the electrical wires to meet up to code. There are too many items to list. The Coin-opts provided great income of $4918 annually. Rental units are subject to SJ Rent Control Ordinance. Few steps away to the Martin Soccer Field, Public Picnic area and the children playground. Few minutes drive to 280, 101, 680 and 87. As well as to the little Saigon Town, restaurants, Walmart, groceries stores, and gas station.

Last Agent to Sell the Property

Mindy Masli

Intero Real Estate Services License #01895159 Listed on: 04/14/2021

Intero Real Estate Services

Last Buyer's Agent

Linda Chu

Wailea Real Estate Group Inc License #01881811

Property Details

Home Type

  • Multi-Family

Year Built

  • 1959

Lot Details

  • 5,079 Sq Ft Lot

Home Design

  • Quadruplex
  • Shingle Roof
  • Composition Roof

Interior Spaces

  • 2,815 Sq Ft Home
  • 2-Story Property
  • Crawl Space
  • Laundry Room

Kitchen

  • Gas Oven
  • Microwave
  • Granite Countertops

Flooring

  • Laminate
  • Tile

Parking

  • 4 Carport Spaces
  • Off-Street Parking
  • Assigned Parking

Utilities

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

Listing and Financial Details

  • Total Actual Rent $93,828
  • 24 Month Lease Term
  • Month-to-Month Lease Term

Community Details

Overview

Amenities

  • Coin Laundry

Building Details

  • 4 Leased Units
  • Insurance Expense $2,306
  • Maintenance Expense $1,200
  • Other Expense $472
  • Utility Expense $2,539
  • Trash Expense $2,324
  • Operating Expense $27,060
  • Gross Income $98,746

Property Details

Home Type

Multi-Family

Year Built

1959

Lot Details

0

Listing Details

  • Zoning: R3
  • Subclass: Fourplex
  • Age: 62
  • Listing Class: Residential Income (2-4 Units)
  • Structure Sq Ft: 2815
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1959

Interior Features

  • Kitchen: Countertop - Granite, Exhaust Fan, Microwave, Oven Range - Gas, Refrigerator
  • Living Sq Ft: 2815
  • Stories: 2
  • Laundry: Coin Operated
  • Flooring: Laminate, Tile
  • Additional Rooms: Laundry Room

Exterior Features

  • Foundation: Crawl Space
  • Roof: Composition, Shingle

Garage/Parking

  • Garage Parking Features: Assigned Spaces, Off-Street Parking
  • Carport Min: 4

Utilities

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

Schools

  • School District: East Side Union High

Lot Info

  • Lot Acres: 0.1166
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 5080.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 5080.00

Rental Info

  • Existing Lease Term(s): 1 Year Lease, 2 Years Lease, Lease Agreement - Written, Month To Month, Security Deposit
  • Gross Rent Multiplier: 15.79
  • Number Of Leased: 4

Multi Family

  • Utilities: Individual Electric Meters, Individual Gas Meters
  • Expense Insurance: 2306
  • Expense Maintenance: 1200
  • Expenses Other: 472
  • Expenses Total: 27060
  • Expenses Utility: 2539
  • Expense Trash: 2324
  • Income Annual Gross: 98746.00
  • Income Annual Rental: 93828
  • Income Gross Scheduled: 98746
  • Income Includes: Coin Operated Equip
  • Income Other: 4918
  • Meters: Master Water, Separate Electric, Separate Gas
  • Number Of Buildings: 1
  • Operating Expenses Include: Fee - Property Tax, Fee - Rent/Lease, Insurance, Loan - Principle & Interest, Maintenance, Maintenance - Capital Improvements, Miscellaneous/Other, Services - Trash Removal, Utilities - Gas, Utilities - Water
  • Tenant Expenses: Utilities - Electric, Utilities - Gas, Utilities - Hot Water

Range of Values:

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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
06/15/2021 06/15/21 Sold $1,595,000 +2.3% $567 / Sq Ft
05/12/2021 05/12/21 Pending -- -- --
04/14/2021 04/14/21 For Sale $1,559,000 +26.7% $554 / Sq Ft
05/27/2019 05/27/19 Sold $1,230,000 +0.2% $437 / Sq Ft
05/01/2019 05/01/19 Pending -- -- --
04/19/2019 04/19/19 Price Changed $1,228,000 -1.8% $436 / Sq Ft
03/22/2019 03/22/19 For Sale $1,250,000 -- $444 / Sq Ft
Source: MLSListings

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Mindy Masli

    Seller's Agent in 2021

    Mindy Masli

    Intero Real Estate Services

    (408) 507-9737

    1 in this area

    25 Total Sales

    Section Image
  • Linda Chu

    Buyer's Agent in 2021

    Linda Chu

    Wailea Real Estate Group Inc

    (408) 621-3296

    1 in this area

    49 Total Sales

    Section Image

  • R

    Seller's Agent in 2019

    Renna Shee

    Intero Real Estate Services

    Section Image
See All Agents

Map

Source: MLSListings

MLS Number: ML81839072

MLSListings

APN: 472-32-006

California Santa Clara County San Jose 95116 Brookwood Terrace

833 Jeanne Ave, San Jose, CA

This home is located at 833 Jeanne Ave, San Jose, CA 95116 since 14 April 2021. This property was built in 1959. 833 Jeanne Ave is a home located in Santa Clara County with nearby schools including McKinley Elementary School, Sylvandale Middle School, and Yerba Buena High School.

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