$1,800,000
SOLD MAY 8, 2025
9 Beds
6 Baths
3,828 Sq Ft
8,773 Sq Ft Lot

Recently Sold

$470 Per Sq Ft

11% Above List Price

7 Days on Market

Highlights

  • Granite Countertops
  • 6 Car Attached Garage
  • Forced Air Heating System
  • Balcony
  • Tile Flooring
  • Ceiling Fan

About This Home

As of May 2025

Rare opportunity to own a well maintained 4-unit property in an established, central, & sought after San Jose Lynhaven neighborhood. This property strikes the perfect balance of long-term tenants, providing value added potential, & more recently turned units w/ some updates. The front unit is as large as some single-family homes w/ just over 1200 square feet, 3 bedrooms, 2 bathrooms, a fireplace in the living room & a private patio accessible through a slider. Units #2 and #3 both offer 2-bedrooms, 1-bathroom with 763 square feet, and dishwashers. Each also have a small front patio area. Unit #2 also has an updated bathroom, granite kitchen counters with newer cabinets, and a gas fireplace in the living room. Unit #4 is 886 square feet with 2-bedrooms, 1.5 bathrooms, large patio area off of living room, and a great floorplan with a large living/dining combo. 3 of the units each have their own 2-car garage with openers. Close proximity to Santana Row, Valley Fair, Santa Clara Valley Medical Center, 280, 17, and San Tomas Expressway.

Last Agent to Sell the Property

Julie Ann Hedrick

Cal-western Realty License #01472439 Listed on: 04/02/2025

Last Buyer's Agent

Matthew Minic

Coldwell Banker Realty License #02120928

Coldwell Banker Realty

Property Details

Home Type

  • Multi-Family

Year Built

  • 1966

Parking

  • 6 Car Attached Garage
  • Assigned Parking

Home Design

  • Quadruplex
  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 3,828 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan

Kitchen

  • Electric Oven
  • Dishwasher
  • Granite Countertops
  • Formica Countertops
  • Disposal

Flooring

  • Carpet
  • Tile
  • Vinyl

Additional Features

  • Balcony
  • 8,773 Sq Ft Lot
  • Forced Air Heating System

Listing and Financial Details

  • Total Actual Rent $104,054

Community Details

Overview

Amenities

  • Coin Laundry

Building Details

  • 4 Leased Units
  • Gardener Expense $1,440
  • Insurance Expense $1,800
  • Maintenance Expense $296
  • Manager Expense $5,549
  • Utility Expense $6,500
  • Trash Expense $6,000
  • Operating Expense $25,729
  • Gross Income $104,654

Property Details

Home Type

Multi-Family

Year Built

1966

Lot Details

0

Parking

6

Listing Details

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

Interior Features

  • Kitchen: Appliances - Vary By Unit, Countertop - Formica, Countertop - Granite, Dishwasher, Garbage Disposal, Oven - Electric, Refrigerator
  • Living Sq Ft: 3828
  • Stories: 2
  • Laundry: Coin Operated
  • Flooring: Carpet, Tile, Vinyl / Linoleum

Exterior Features

  • Foundation: Concrete Perimeter
  • Roof: Composition
  • Yard/Grounds: Balcony / Patio

Garage/Parking

  • Garage Spaces: 6
  • Garage Parking Features: Assigned Spaces, Attached Garage

Utilities

  • Cooling System: Ceiling Fan
  • Heating System: Central Forced Air
  • Sewer/Septic System: Sewer - Public

Schools

  • High School: 239

Lot Info

  • Lot Acres: 0.2014
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 8775.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 8775.00

Rental Info

  • Existing Lease Term(s): Month To Month
  • Gross Rent Multiplier: 15.53
  • Number Of Leased: 4

Multi Family

  • Utilities: Public Utilities
  • Expense Insurance: 1800
  • Expense Landscape: 1440
  • Expense Maintenance: 296
  • Expense Management: 5549
  • Expenses Total: 25729
  • Expenses Utility: 6500
  • Expense Trash: 6000
  • Income Annual Gross: 104654.00
  • Income Annual Rental: 104054
  • Income Gross Scheduled: 104654
  • Income Includes: Rents
  • Income Other: 600
  • Meters: Separate Common Area
  • Number Of Buildings: 1
  • Operating Expenses Include: Fee - Property Management, Fee - Property Tax, Insurance, Maintenance, Services - Gardener, Utilities
  • Tenant Expenses: Utilities - Electric, Utilities - Gas
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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 List to Sale Price per Sq Ft
05/08/2025 05/08/25 Sold $1,800,000 +10.8% $470 / Sq Ft
04/10/2025 04/10/25 Pending -- -- --
04/02/2025 04/02/25 For Sale $1,625,000 -- $425 / Sq Ft
Source: MLSListings

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 $4,146 $1,925,000 $1,625,000 $300,000
2024 $4,146 $169,361 $33,713 $135,648
2023 $3,981 $166,041 $33,052 $132,989
2022 $4,010 $162,786 $32,404 $130,382
2021 $3,854 $159,595 $31,769 $127,826
2020 $3,808 $157,960 $31,444 $126,516
2019 $3,741 $154,864 $30,828 $124,036
2018 $3,648 $151,828 $30,224 $121,604
2017 $3,590 $148,852 $29,632 $119,220
2016 $3,395 $145,934 $29,051 $116,883
2015 $3,311 $143,743 $28,615 $115,128
2014 $3,040 $140,928 $28,055 $112,873
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML82000703

MLSListings

APN: 299-27-057