NOT LISTED FOR SALE
10 Beds
7 Baths
3,244 Sq Ft
9,148 Sq Ft Lot Lot

Sale Details

Date Sold: June 21, 2022

Last sale price $2,280,000 $703 Per Sq Ft

9 Days on Market

Highlights

  • Granite Countertops
  • Space Heater
  • Security Fence
  • Westmont High School Rated A
  • Washer and Dryer
  • 1-Story Property

About This Home

As of June 2022

Deluxe boutique 4-plex situated in the heart of Campbell. This well maintained 4-plex features spacious open floorplan. Two of the units are 3B2B, one unite is 2B2B and one is 2B1B. All Units were stylishly remodeled 7 years ago. New roof and freshly paint outside this year. Distinctive features include LED recessed lights, newer stainless steel appliances, dishwasher, newer countertops, electric subpanel and much more. Each Unit has private laundry room and private yard to enjoy the Silicon Valley sunshine. Security gates at front and back, low maintained front yards in common area and 6 carports at the back. Central Silicon Valley location with walking distance to Los Gatos trail, parks, stores and schools. Minutes away from Downtown Los Gatos & Campbell, Netflix, Apple Park, San Jose Airport and High-Tech companies and easy access to freeway 17/85. Three units are month to month lease and one unit is occupied by owner. Rare opportunity for investors.

Last Agent to Sell the Property

Mei Chen

AEZ Investment, Inc. License #02148665 Listed on: 04/21/2022

AEZ Investment, Inc.

Co-Listed By

Shawn Luo

AEZ Investment, Inc. License #01853029

Last Buyer's Agent

Haiyue Zhu

AEZ Investment, Inc. License #01999835

Property Details

Home Type

  • Multi-Family

Year Built

  • 1962

Lot Details

  • Security Fence

Parking

  • 6 Carport Spaces

Home Design

  • Quadruplex
  • Slab Foundation
  • Composition Roof

Interior Spaces

  • 3,244 Sq Ft Home
  • 1-Story Property
  • Washer and Dryer

Kitchen

  • Gas Oven
  • Range Hood
  • Dishwasher
  • Granite Countertops

Utilities

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

Listing and Financial Details

  • Total Actual Rent $93,600

Community Details

Overview

Building Details

  • 3 Leased Units
  • Gardener Expense $200
  • Insurance Expense $2,900
  • Maintenance Expense $800
  • Utility Expense $2,880
  • Trash Expense $2,065
  • Operating Expense $28,891
  • Gross Income $93,600

Property Details

Home Type

Multi-Family

Year Built

1962

Lot Details

9,148 Sq Ft Lot

Listing Details

  • Zoning: R-2
  • Subclass: Fourplex
  • Listing Class: Residential Income (2-4 Units)
  • Structure Sq Ft: 3244
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1962

Interior Features

  • Kitchen: Countertop - Granite, Dishwasher, Hood Over Range, Oven Range - Electric, Oven Range - Gas, Refrigerator
  • Living Sq Ft: 3244
  • Stories: 1
  • Security: Security Fence
  • Laundry: Washer / Dryer

Exterior Features

  • Foundation: Concrete Slab
  • Roof: Composition

Garage/Parking

  • Garage Parking Features: Carport
  • Carport Min: 6

Utilities

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

Lot Info

  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 9360.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 9360.00

Rental Info

  • Existing Lease Term(s): Lease(s), Month To Month
  • Gross Rent Multiplier: 21.36
  • Number Of Leased: 3

Multi Family

  • Utilities: Public Utilities
  • Expense Insurance: 2900
  • Expense Landscape: 200
  • Expense Maintenance: 800
  • Expenses Total: 28891
  • Expenses Utility: 2880
  • Expense Trash: 2065
  • Income Annual Gross: 93600.00
  • Income Annual Rental: 93600
  • Income Gross Scheduled: 93600
  • Income Includes: Rents
  • Meters: Separate Electric
  • Number Of Buildings: 1
  • Operating Expenses Include: Fee - License/Advertising, Fee - Property Tax, Maintenance - Repair, Services - Gardener, Services - Trash Removal, Utilities - Water
  • 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 Prior Sale
06/21/2022 06/21/22 Sold $2,280,000 +14.1% $703 / Sq Ft
05/01/2022 05/01/22 Pending -- -- --
04/21/2022 04/21/22 For Sale $1,998,888 +53.8% $616 / Sq Ft
09/30/2014 09/30/14 Sold $1,300,000 -13.3% $401 / Sq Ft View Prior Sale
08/23/2014 08/23/14 Pending -- -- --
07/08/2014 07/08/14 For Sale $1,499,900 -- $462 / 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 $31,193 $2,419,553 $1,910,174 $509,379
2024 $31,193 $2,372,112 $1,872,720 $499,392
2023 $30,768 $2,325,600 $1,836,000 $489,600
2022 $20,501 $1,472,282 $934,334 $537,948
2021 $20,046 $1,443,414 $916,014 $527,400
2020 $19,457 $1,428,615 $906,622 $521,993
2019 $19,107 $1,400,604 $888,846 $511,758
2018 $18,458 $1,373,142 $871,418 $501,724
2017 $18,133 $1,346,219 $854,332 $491,887
2016 $17,036 $1,319,824 $837,581 $482,243
2015 $16,706 $1,300,000 $825,000 $475,000
2014 $13,291 $1,021,101 $739,107 $281,994
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81888024

MLSListings

APN: 404-30-064

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