NOT LISTED FOR SALE

881 Burbank Dr Santa Clara, CA 95051

9 Beds
5 Baths
3,993 Sq Ft
7,079 Sq Ft Lot

Last Sold April 13, 2022

Last sale price $2,820,000 $706 Per Sq Ft

13 Days on Market

Highlights

  • Wood Flooring
  • Granite Countertops
  • Balcony
  • Juan Cabrillo Middle School Rated A
  • Circular Fireplace
  • Laundry Room

About This Home

As of April 2022

Unique opportunity to own four-plex completely upgraded! Front main unit 3bed-2bath has been expanded and has its own laundry, 3 units, 2 bed-1bath fully upgraded.

Last Agent to Sell the Property

Christina Seung

Compass License #02022853 Listed on: 02/17/2022

Compass

Last Buyer's Agent

Nisha Patel

Compass License #02141358

Compass

Property Details

Home Type

  • Multi-Family

Year Built

  • 1964

Lot Details

  • 7,079 Sq Ft Lot
  • Fenced
  • Sprinkler System
  • Back Yard

Home Design

  • Quadruplex
  • Slab Foundation
  • Wood Frame Construction
  • Shingle Roof

Interior Spaces

  • 3,993 Sq Ft Home
  • 2-Story Property
  • Circular Fireplace
  • Monitored

Kitchen

  • Electric Oven
  • Gas Cooktop
  • Range Hood
  • Microwave
  • Granite Countertops
  • Disposal

Flooring

  • Wood
  • Carpet
  • Laminate
  • Tile

Laundry

  • Laundry Room
  • Washer and Dryer

Parking

  • 1 Parking Space
  • 4 Carport Spaces

Outdoor Features

  • Balcony
  • Shed

Utilities

  • Forced Air Heating and Cooling System
  • Cooling System Mounted To A Wall/Window
  • Separate Meters
  • 220 Volts
  • Individual Gas Meter
  • Community Sewer or Septic

Listing and Financial Details

  • Total Actual Rent $90,000

Community Details

Overview

Amenities

  • Coin Laundry

Building Details

  • 3 Leased Units
  • Gardener Expense $1,640
  • Insurance Expense $2,400
  • Maintenance Expense $1,500
  • Utility Expense $3,000
  • Trash Expense $3,000
  • Operating Expense $27,221
  • Gross Income $132,000

Property Details

Home Type

Multi-Family

Year Built

1964

Lot Details

0

Listing Details

  • Zoning: R3
  • Subclass: Fourplex
  • Age: 58
  • Listing Class: Residential Income (2-4 Units)
  • Structure Sq Ft: 3993
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1964

Interior Features

  • Kitchen: 220 Volt Outlet, Cooktop - Electric, Cooktop - Gas, Countertop - Granite, Countertop - Stone, Garbage Disposal, Hood Over Range, Microwave, Oven - Electric, Oven Range - Electric, Pantry Cabinet, Refrigerator
  • Living Sq Ft: 3993
  • Stories: 2
  • Security: Closed Circuit Monitoring (24-Hour), Video / Audio System
  • Laundry: Coin Operated, Washer/Dryer - Some Units
  • Flooring: Carpet, Hardwood, Laminate, Tile
  • Additional Rooms: Laundry Room

Exterior Features

  • Foundation: Concrete Block
  • Roof: Shingle
  • Yard/Grounds: Back Yard, Balcony / Patio, Fenced, Sprinklers - Lawn, Storage Shed / Structure
  • Construction Type: Concrete, Wood Frame

Garage/Parking

  • Parking Spaces: 1
  • Garage Parking Features: Carport
  • Carport Min: 4

Utilities

  • Cooling System: Central Ac, Window / Wall Unit
  • Heating System: Central Forced Air, Central Forced Air - Gas
  • Sewer/Septic System: Community Sewer / Septic

Schools

  • School District: Santa Clara Unified

Lot Info

  • Lot Acres: 0.1625
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 7078.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 7078.00

Rental Info

  • Existing Lease Term(s): Lease Agreement - Written, Less Than 1 Yr
  • Gross Rent Multiplier: 20.44
  • Number Of Leased: 3

Multi Family

  • Utilities: Individual Electric Meters, Individual Gas Meters
  • Expense Insurance: 2400
  • Expense Landscape: 1640
  • Expense Maintenance: 1500
  • Expenses Total: 27221
  • Expenses Utility: 3000
  • Expense Trash: 3000
  • Income Annual Gross: 132000.00
  • Income Annual Rental: 90000
  • Income Gross Scheduled: 132000
  • Income Includes: Laundry, Rents
  • Income Other: 42000
  • Meters: Separate Electric, Separate Gas
  • Number Of Buildings: 1
  • Operating Expenses Include: Fee - Property Tax, Insurance, Loan - Mortgage, Maintenance - Laundry, Maintenance - Repair, Services - Gardener, Services - Security, Services - Sewer, Services - Trash Removal, Utilities - Electric, Utilities - Gas, Utilities - Hot Water, Utilities - Water
  • Tenant Expenses: Utilities - Electric, Utilities - Heating

Range of Values:

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Sold Price
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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
04/13/2022 04/13/22 Sold $2,820,000 +4.5% $706 / Sq Ft
03/02/2022 03/02/22 Pending -- -- --
02/17/2022 02/17/22 For Sale $2,698,000 -- $676 / Sq Ft
Source: MLSListings

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • C

    Seller's Agent in 2022

    Christina Seung

    Compass

    Section Image

  • N

    Buyer's Agent in 2022

    Nisha Patel

    Compass

    (650) 787-1268

    1 in this area

    5 Total Sales

    Section Image
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Map

Source: MLSListings

MLS Number: ML81878805

MLSListings

APN: 290-40-077

California Santa Clara County Santa Clara 95051

881 Burbank Dr, Santa Clara, CA

This home is located at 881 Burbank Dr, Santa Clara, CA 95051 since 17 February 2022. This property was built in 1964. 881 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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