R
Seller's Agent in 2024
Renna Shee
Compass
847 S 3rd St San Jose, CA 95112
Spartan-Keyes Neighborhood
5
Beds
3
Baths
2,008
Sq Ft
9,583
Sq Ft Lot
Highlights
- Wood Flooring
- Laundry Room
- Fenced
- High Ceiling
- Washer and Dryer
- Back Yard
About This Home
As of June 2024Ready to boost your PASSIVE INCOME? Don't pass up the RARE OPPORTUNITY to seize this perfectly located multi-family home, nestled in the heart of Downtown San Jose. This property boasts 2-units, with the potential for expansion to 4-units (with reserved space and easily upgradable electrical panel). Each unit is flooded with natural light, complemented by a welcoming front porch, elegant wood flooring, and in-unit washer/dryer. The spacious kitchens feature top-name appliances, granite countertops and ample cabinet space. Bedrooms offer abundant light and individual closets. To top it all off, a generously sized backyard and private carport. A little more about the location, you're mere steps from Downtown's vibrant scene, featuring a plethora of restaurants, bars, parks, tech companies, San Jose State University (SJSU) and the renowned Sap Center for concerts and San Jose Sharks games. With easy access to highways 87, 280/680 and Caltrain/Light Rail, commuting is a breeze. Do Not miss the chance to own this profitable prize. It will go FAST! - UNIT 1: 2 BED / 1 BATH - $2,300 (monthly generated income) - UNIT 2: 3 BED / 2 BATH - $2,800 (monthly generated income)
Last Agent to Sell the Property
Renna Shee
Compass License #01906557 Listed on: 04/16/2024
Property Details
Home Type
- Multi-Family
Year Built
- 1900
Lot Details
- 9,583 Sq Ft Lot
- Fenced
- Back Yard
Home Design
- Duplex
- Composition Roof
Interior Spaces
- 2,008 Sq Ft Home
- 1-Story Property
- High Ceiling
- Wood Flooring
- Crawl Space
Kitchen
- Electric Oven
- Electric Cooktop
- Range Hood
- Dishwasher
- Disposal
Laundry
- Laundry Room
- Washer and Dryer
Parking
- 4 Parking Spaces
- 4 Carport Spaces
Utilities
- Vented Exhaust Fan
Listing and Financial Details
- Total Actual Rent $51,000
Community Details
Overview
Building Details
- 2 Leased Units
- Insurance Expense $1,171
- Utility Expense $1,634
- Operating Expense $10,689
- Gross Income $51,000
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Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 06/13/2024 06/13/24 | Sold | $1,237,500 | +14.6% | $616 / Sq Ft |
| 05/01/2024 05/01/24 | Pending | -- | -- | -- |
| 04/25/2024 04/25/24 | For Sale | $1,080,000 | 0.0% | $538 / Sq Ft |
| 04/22/2024 04/22/24 | Pending | -- | -- | -- |
| 04/16/2024 04/16/24 | For Sale | $1,080,000 | -- | $538 / Sq Ft |
Source: MLSListings
Tax History Compared to Growth
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $8,086 | $1,262,250 | $918,000 | $344,250 |
| 2024 | $8,086 | $492,270 | $366,991 | $125,279 |
| 2023 | $7,884 | $482,619 | $359,796 | $122,823 |
| 2022 | $7,800 | $473,157 | $352,742 | $120,415 |
| 2021 | $7,567 | $463,880 | $345,826 | $118,054 |
| 2020 | $7,307 | $459,124 | $342,280 | $116,844 |
| 2019 | $7,107 | $450,122 | $335,569 | $114,553 |
| 2018 | $7,006 | $441,297 | $328,990 | $112,307 |
| 2017 | $6,930 | $432,645 | $322,540 | $110,105 |
| 2016 | $6,747 | $424,163 | $316,216 | $107,947 |
| 2015 | $6,691 | $417,793 | $311,467 | $106,326 |
| 2014 | $5,792 | $409,610 | $305,366 | $104,244 |
Source: Public Records
Agents Affiliated with this Home
-
-
Huy Han
Buyer's Agent in 2024
Huy Han
KW Silicon City
(408) 789-8989
1 in this area
46 Total Sales
Map
Source: MLSListings
MLS Number: ML81961909
APN: 472-17-081
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