$1,900,000
SOLD MAR 30, 2021
9 Beds
6 Baths
3,828 Sq Ft
7,362 Sq Ft Lot

Recently Sold

$496 Per Sq Ft

2% Above List Price

About This Home

As of March 2021

Great location just off Winchester Blvd and close to Santana Row. Property interior has some upgrades. Gross rental $9500/month, all tenants current on rents. nice layout of large units and well taken care off by Ownership and property management. No signs on property. Please do not talk to any tenants about the property. All question to be directed to listing agent.

Last Agent to Sell the Property

Sandeep Gupta

Sandeep Gupta, Broker License #01984344 Listed on: 02/24/2021

Last Buyer's Agent

Joel Padama

Legacy Real Estate & Assoc. License #01875999

Property Details

Home Type

  • Multi-Family

Year Built

  • 1966

Lot Details

  • 7,362 Sq Ft Lot

Parking

  • 6 Car Garage

Home Design

  • Quadruplex
  • Shingle Roof

Interior Spaces

  • 3,828 Sq Ft Home
  • 2-Story Property
  • Crawl Space

Utilities

  • Cooling System Mounted To A Wall/Window
  • Forced Air Heating System
  • Wall Furnace
  • Separate Meters
  • Individual Gas Meter

Listing and Financial Details

  • Total Actual Rent $114,000

Community Details

Overview

Building Details

  • 4 Leased Units
  • Gardener Expense $1,560
  • Insurance Expense $2,219
  • Maintenance Expense $6,064
  • Manager Expense $6,482
  • Utility Expense $7,626
  • Operating Expense $46,266
  • Gross Income $113,454

Property Details

Home Type

Multi-Family

Year Built

1966

Lot Details

0

Parking

6

Listing Details

  • Zoning: R3
  • Subclass: Fourplex
  • Age: 55
  • Listing Class: Residential Income (2-4 Units)
  • Structure Sq Ft: 3828
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1966

Interior Features

  • Living Sq Ft: 3828
  • Stories: 2

Exterior Features

  • Foundation: Crawl Space
  • Roof: Shingle

Garage/Parking

  • Garage Spaces: 6
  • Garage Parking Features: Varies By Unit

Utilities

  • Cooling System: Window / Wall Unit
  • Heating System: Central Forced Air - Gas, Wall Furnace
  • Sewer/Septic System: Sewer - Public

Schools

  • School District: Campbell Union High

Lot Info

  • Lot Acres: 0.1690
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 7361.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 7361.00

Rental Info

  • Existing Lease Term(s): Lease Agreement - Written
  • Gross Rent Multiplier: 16.32
  • Number Of Leased: 4

Multi Family

  • Utilities: Individual Electric Meters, Individual Gas Meters
  • Expense Insurance: 2219
  • Expense Landscape: 1560
  • Expense Maintenance: 6064
  • Expense Management: 6482
  • Expenses Total: 46266
  • Expenses Utility: 7626
  • Income Annual Gross: 113454.00
  • Income Annual Rental: 114000
  • Income Gross Scheduled: 114600
  • Income Includes: Laundry, Rents
  • Income Other: 600
  • Meters: Master Gas, Master Water
  • Number Of Buildings: 1
  • Operating Expenses Include: Fee - Property Management, Fee - Property Tax, Maintenance - Capital Improvements, Maintenance - Repair, Services - Sewer, Services - Trash Removal, Utilities - Water
  • Tenant Expenses: Utilities - Electric, Utilities - Gas
  • Vacancy Factor: 1

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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
03/30/2021 03/30/21 Sold $1,900,000 +1.6% $496 / Sq Ft
02/25/2021 02/25/21 Pending -- -- --
02/24/2021 02/24/21 For Sale $1,870,000 +16.9% $489 / Sq Ft
08/01/2016 08/01/16 Sold $1,600,000 -3.9% $418 / Sq Ft
06/18/2016 06/18/16 Pending -- -- --
06/06/2016 06/06/16 For Sale $1,665,000 -- $435 / 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: ML81831300

MLSListings

APN: 299-27-054