NOT LISTED FOR SALE

861 Burbank Dr Santa Clara, CA 95051

9 Beds
5 Baths
3,798 Sq Ft
7,148 Sq Ft Lot

Last Sold June 30, 2023

Last sale price $2,000,000 $527 Per Sq Ft

64 Days on Market

About This Home

As of June 2023

In the heart of Silicon Valley...Great 4-Plex with a 3-2 (perfect for Owner's unit) and 3 two bedroom one bath units. Updates being completed over the years. All units have carports with additional storage. Fireplace in Unit 1. Private balconies off units 3 & 4. Coin-op laundry room. No sign on property. DO NOT DISTURB TENANTS. Text agent for questions...Steve Perry

Last Agent to Sell the Property

Steve& Christine Perry

Christie's International Real Estate Sereno License #70000661 Listed on: 03/23/2023

Christie's International Real Estate Sereno

Last Buyer's Agent

Ling Wang

GiantRock Inc License #01902180

Property Details

Home Type

  • Multi-Family

Year Built

  • 1964

Lot Details

  • 7,148 Sq Ft Lot

Home Design

  • Quadruplex
  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 3,798 Sq Ft Home
  • 2-Story Property

Parking

  • 4 Parking Spaces
  • 4 Carport Spaces

Utilities

  • Cooling System Mounted To A Wall/Window
  • Wall Furnace

Listing and Financial Details

  • Total Actual Rent $105,960

Community Details

Overview

Amenities

  • Coin Laundry

Building Details

  • 3 Leased Units
  • Gardener Expense $840
  • Insurance Expense $3,967
  • Maintenance Expense $7,680
  • Utility Expense $12,567
  • Operating Expense $39,947
  • Gross Income $105,605

Property Details

Home Type

Multi-Family

Year Built

1964

Lot Details

0

Listing Details

  • Zoning: R3
  • Subclass: Fourplex
  • Age: 59
  • Listing Class: Residential Income (2-4 Units)
  • Structure Sq Ft: 3798
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1964

Interior Features

  • Living Sq Ft: 3798
  • Stories: 2
  • Laundry: Coin Operated

Exterior Features

  • Foundation: Concrete Perimeter
  • Roof: Composition

Garage/Parking

  • Parking Spaces: 4
  • Garage Parking Features: Carport
  • Carport Min: 4

Utilities

  • Cooling System: Window / Wall Unit
  • Heating System: Wall Furnace
  • Sewer/Septic System: Sewer - Public

Schools

  • School District: Santa Clara Unified
  • Elementary School: Pomeroy Elementary
  • High School: Santa Clara High
  • High School: 408
  • Elementary School: 398

Lot Info

  • Lot Acres: 0.1641
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 7147.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 7147.00

Rental Info

  • Existing Lease Term(s): 1 Year Lease, Lease Agreement - Written
  • Gross Rent Multiplier: 19.95
  • Number Of Leased: 3

Multi Family

  • Utilities: Public Utilities
  • Expense Insurance: 3967
  • Expense Landscape: 840
  • Expense Maintenance: 7680
  • Expenses Total: 39947
  • Expenses Utility: 12567
  • Income Annual Gross: 105605.00
  • Income Annual Rental: 105960
  • Income Gross Scheduled: 107760
  • Income Includes: Coin Operated Equip, Laundry
  • Income Other: 1800
  • Meters: Master Electric, Master Gas, Master Water
  • Number Of Buildings: 1
  • Operating Expenses Include: Fee - Property Tax, Insurance, Services - Gardener, Services - Sewer, Services - Trash Removal, Utilities - Electric, Utilities - Gas, Utilities - Heat, Utilities - Hot Water, Utilities - Water
  • Tenant Expenses: Utilities - Electric, Utilities - Gas, Utilities - Heating
  • Vacancy Factor: 2

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
06/30/2023 06/30/23 Sold $2,000,000 -7.0% $527 / Sq Ft
05/27/2023 05/27/23 Pending -- -- --
05/02/2023 05/02/23 For Sale $2,150,000 0.0% $566 / Sq Ft
05/02/2023 05/02/23 Price Changed $2,150,000 -6.5% $566 / Sq Ft
04/29/2023 04/29/23 Pending -- -- --
04/08/2023 04/08/23 Price Changed $2,299,000 -8.0% $605 / Sq Ft
03/23/2023 03/23/23 For Sale $2,500,000 -- $658 / Sq Ft
Source: MLSListings

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Steve& Christine Perry

    Seller's Agent in 2023

    Steve& Christine Perry

    Sereno Group

    (408) 858-5587

    2 in this area

    122 Total Sales

    Section Image
  • Ling Wang

    Buyer's Agent in 2023

    Ling Wang

    GiantRock Inc

    (408) 807-3181

    1 in this area

    20 Total Sales

    Section Image
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Map

Source: MLSListings

MLS Number: ML81922489

MLSListings

APN: 290-40-073

California Santa Clara County Santa Clara 95051

861 Burbank Dr, Santa Clara, CA

This home is located at 861 Burbank Dr, Santa Clara, CA 95051 since 23 March 2023. This property was built in 1964. 861 Burbank Dr is a home located in Santa Clara County with nearby schools including Pomeroy Elementary School, Juan Cabrillo Middle School, and Santa Clara High School.

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