Veronica Lee
Coldwell Banker Realty
(657) 317-7573
76 Total Sales
2 in Santa Clara
$1,445,000 Price Range
869 Bing Dr Santa Clara, CA 95051
Santa Clara Area
9
Beds
5
Baths
3,594
Sq Ft
7,388
Sq Ft Lot
About This Home
As of August 2025Marcus & Millichap is pleased to present 869 Bing Drive, a rare opportunity to acquire a well-maintained fourplex in a high-demand rental market. Built in 1963, the property features 3,594 square feet of rentable space on a 7,389 square foot lot. The building offers an attractive unit mix consisting of one large 3-bedroom/2-bathroom unit and three spacious 2-bedroom/1-bathroom units, catering to a wide range of tenants. The property has been thoughtfully maintained by long-term ownership and was earthquake retrofitted 20+ years ago, a premium improvement rarely found in buildings of this size.
Last Agent to Sell the Property
Marcus & Millichap License #02162593 Listed on: 06/17/2025
Last Buyer's Agent
Maribel Cribb
Redfin License #01153985
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Property Details
Home Type
- Multi-Family
Year Built
- 1963
Lot Details
- 7,388 Sq Ft Lot
Home Design
- Quadruplex
- Wood Frame Construction
- Shingle Roof
- Composition Roof
- Concrete Perimeter Foundation
Interior Spaces
- 3,594 Sq Ft Home
- 2-Story Property
- Ceiling Fan
Parking
- 2 Parking Spaces
- 4 Carport Spaces
- Assigned Parking
Utilities
- Cooling System Mounted To A Wall/Window
- Wall Furnace
- Separate Meters
- Individual Gas Meter
Listing and Financial Details
- Total Actual Rent $122,928
Community Details
Overview
Building Details
- 3 Leased Units
- Gardener Expense $1,953
- Insurance Expense $3,000
- Maintenance Expense $2,000
- Other Expense $525
- Utility Expense $5,168
- Trash Expense $1,923
- Operating Expense $38,868
- Gross Income $120,404
Ownership History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jun 17, 2025
Closed on
Jul 31, 2025
Sold by
Bought by
Seller's Agent
AJ DeCristoforo
Marcus & Millichap
Buyer's Agent
Maribel Cribb
Redfin
List Price
$2,100,000
Sold Price
$2,075,000
Premium/Discount to List
-$25,000
-1.19%
Views
24
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,556,250
Interest Rate
6.81%
Mortgage Type
New Conventional
Purchase Details
Closed on
Oct 26, 2012
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
3.43%
Mortgage Type
New Conventional
Purchase Details
Closed on
Sep 29, 1994
Sold by
Bought by
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Santa Clara, CA
-
Veronica Lee
-
Heidi Cafarella
Heidi Cafarella
Esquire Realty
(858) 302-4052
86 Total Sales
1 in Santa Clara
$1,455,000 Price
-
Amarjit Singh
Amarjit Singh
Keller Williams Realty
(209) 353-8974
12 Total Sales
2 in Santa Clara
$1.3M - $2.5M Price Range
-
Jay Grewal
Jay Grewal
Doorlight Inc
(844) 910-0103
86 Total Sales
1 in Santa Clara
$1,870,000 Price
-
JR McKee
JR McKee
Home In Silicon Valley
(669) 201-8746
23 Total Sales
1 in Santa Clara
$535,000 Price
-
Susan Sims
Susan Sims
The Agency
(650) 885-9151
23 Total Sales
2 in Santa Clara
$1,449,000 Price Range
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| $2,075,000 | First American Title | ||
| -- | Fidelity National Title Co | ||
| $355,000 | -- |
Source: Public Records
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | $1,552,000 | ||
| Closed | $1,556,250 | ||
| Previous Owner | $500,000 |
Source: Public Records
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 08/05/2025 08/05/25 | Sold | $2,075,000 | -1.2% | $577 / Sq Ft |
| 07/11/2025 07/11/25 | Pending | -- | -- | -- |
| 06/17/2025 06/17/25 | For Sale | $2,100,000 | -- | $584 / Sq Ft |
Source: MLSListings
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 |
|---|---|---|---|---|
| 2026 | $2,033 | $2,075,000 | $1,560,000 | $515,000 |
| 2025 | $1,961 | $156,668 | $39,553 | $117,115 |
| 2024 | $1,961 | $153,597 | $38,778 | $114,819 |
| 2023 | $1,941 | $150,586 | $38,018 | $112,568 |
| 2022 | $1,914 | $147,634 | $37,273 | $110,361 |
| 2021 | $1,904 | $144,741 | $36,543 | $108,198 |
| 2020 | $1,870 | $143,258 | $36,169 | $107,089 |
| 2019 | $1,869 | $140,450 | $35,460 | $104,990 |
| 2018 | $1,756 | $137,697 | $34,765 | $102,932 |
| 2017 | $1,747 | $134,998 | $34,084 | $100,914 |
| 2016 | $1,771 | $132,352 | $33,416 | $98,936 |
| 2015 | $1,763 | $130,365 | $32,915 | $97,450 |
| 2014 | $1,666 | $127,813 | $32,271 | $95,542 |
Source: Public Records
Agents Affiliated with this Home
-
AJ DeCristoforo
Seller's Agent in 2025
AJ DeCristoforo
Marcus & Millichap
(408) 709-0383
5 Total Sales
-
Jimmy Castellanos
Seller Co-Listing Agent in 2025
Jimmy Castellanos
Marcus & Millichap
(408) 483-5040
76 Total Sales
-
Maribel Cribb
M
Buyer's Agent in 2025
Maribel Cribb
Redfin
Map
Source: MLSListings
MLS Number: ML82011356
APN: 290-40-035
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