NOT LISTED FOR SALE
7 Beds
6 Baths
3,850 Sq Ft
6,970 Sq Ft Lot

Last Sold February 19, 2018

Last sale price $1,750,220 $455 Per Sq Ft

10 Days on Market

Highlights

  • Balcony
  • Walk-In Closet
  • Laundry Room
  • Del Mar High School Rated A-
  • Tile Countertops
  • 2-minute walk to Sherman Oaks Community Center and Playground

About This Home

As of February 2018

This is a gorgeous well located 4-plex on a cul-de-sac in Central San Jose. It has a great unit mix consisting of (1) 3/2.5, (1) 2/1, and (2) 1/1's. Its a large building with 3,850 rent-able square feet. The rents are strong! Higher than all the comps. The asset is in great condition. The front yard is nicely landscaped and the stone fireplace is a nice touch. There is a side yard and each unit has either a balcony and/ or a patio. The owners unit is townhouse style and has a garage with its own washer/dryer hook-ups. It has a double front door, tiled entry way with two coat closets, a walk in closet off the living room, tile kitchen with a dishwasher, tiled dining area and spacious living room. The master bedroom has an en-suite bathroom, walk in closet and a sliding door to the balcony. The 2 bedroom has new wood style laminate flooring throughout, new quartz counter tops, new sink, new Bali custom window blinds and paint. Newer exterior paint, LED lights.

Last Agent to Sell the Property

Larry Losness

Losness Investment Real Estate Corp License #01262964 Listed on: 01/08/2018

Last Buyer's Agent

Young Jacob

Intero Real Estate Services License #01274983

Property Details

Home Type

  • Multi-Family

Year Built

  • 1965

Lot Details

  • 6,970 Sq Ft Lot
  • Fenced

Parking

  • 1 Car Garage
  • 3 Carport Spaces
  • Lighted Parking
  • Off-Street Parking

Home Design

  • Quadruplex
  • Wood Frame Construction
  • Shingle Roof
  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • Walk-In Closet
  • 3,850 Sq Ft Home
  • 2-Story Property

Kitchen

  • Built-In Oven
  • Electric Oven
  • Freezer
  • Dishwasher
  • Tile Countertops
  • Disposal

Flooring

  • Carpet
  • Laminate
  • Tile
  • Vinyl

Laundry

  • Laundry Room
  • Washer and Dryer Hookup

Outdoor Features

  • Balcony

Utilities

  • Vented Exhaust Fan
  • Separate Meters
  • Sewer Within 50 Feet

Listing and Financial Details

  • Total Actual Rent $103,248

Community Details

Overview

Building Details

  • 4 Leased Units
  • Gardener Expense $720
  • Insurance Expense $1,311
  • Utility Expense $4,544
  • Trash Expense $1,044
  • Operating Expense $28,334
  • Gross Income $103,848

Property Details

Home Type

Multi-Family

Year Built

1965

Lot Details

0

Parking

1

Listing Details

  • Zoning: RM
  • Subclass: Fourplex
  • Age: 53
  • Listing Class: Residential Income (2-4 Units)
  • Structure Sq Ft: 3850
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1965

Interior Features

  • Kitchen: Appliances - Vary By Unit, Countertop - Tile, Dishwasher, Exhaust Fan, Freezer, Garbage Disposal, Oven - Electric, Oven Range - Built-In, Oven Range - Electric, Refrigerator
  • Living Sq Ft: 3850
  • Stories: 2
  • Laundry: Hookups Only
  • Flooring: Carpet, Laminate, Tile, Vinyl / Linoleum
  • Additional Rooms: Laundry Room, Storage

Exterior Features

  • Foundation: Concrete Perimeter
  • Roof: Composition, Shingle
  • Yard/Grounds: Balcony / Patio, Fenced
  • Construction Type: Wood Frame

Garage/Parking

  • Garage Spaces: 1
  • Parking Spaces: 3
  • Garage Parking Features: Attached Garage, Carport, Covered Parking, Lighted Parking Area, Off-Street Parking
  • Carport Min: 3

Utilities

  • Heating System: Electric
  • Sewer/Septic System: Sewer Connected, Sewer In Street

Association/Amenities

  • Amenities Miscellaneous: Walk-In Closet

Schools

  • School District: Campbell Union High

Lot Info

  • Lot Acres: 0.1600
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 6971.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 6971.00

Rental Info

  • Existing Lease Term(s): Month To Month
  • Gross Rent Multiplier: 16.35
  • Number Of Leased: 4

Multi Family

  • Utilities: Individual Electric Meters
  • Expense Insurance: 1311
  • Expense Landscape: 720
  • Expenses Total: 28334
  • Expenses Utility: 4544
  • Expense Trash: 1044
  • Income Annual Gross: 103848.00
  • Income Annual Rental: 103248
  • Income Gross Scheduled: 103848
  • Income Includes: Laundry, Rents
  • Income Other: 600
  • Meters: Master Electric, Master Gas, Master Water, Separate Electric
  • Number Of Buildings: 1
  • Operating Expenses Include: Fee - Property Tax, Insurance, Services - Gardener, Services - Sewer, Services - Trash Removal, Utilities
  • Tenant Expenses: Utilities - Electric

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
02/19/2018 02/19/18 Sold $1,750,220 +3.1% $455 / Sq Ft
01/19/2018 01/19/18 Pending -- -- --
01/08/2018 01/08/18 For Sale $1,698,000 -- $441 / 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: ML81688339

MLSListings

APN: 282-40-017