NOT LISTED FOR SALE
6 Beds
4 Baths
2,533 Sq Ft
5,920 Sq Ft Lot

Last Sold July 26, 2021

Last sale price $1,668,000 $659 Per Sq Ft

2 Days on Market

Highlights

  • Spanish Architecture
  • Granite Countertops
  • Forced Air Heating System
  • George C. Payne Elementary School Rated A-
  • 2 Car Attached Garage
  • 1-Story Property

About This Home

As of July 2021

Rare opportunity to own this duplex in a prime Campbell location. This unique Spanish ranch style duplex has two 3B2bath units mirror image of each other, shared wall in the kitchen/dining area. Each with 3 bedrooms, 2 baths, a wood-burning fire place, in-unit laundry area, ample storage, and fenced back yard. Units share a 2-car garage with new roll up garage doors for each side. 890 has long term friendly tenants who's never late with rent. Please DO NOT DISTURB TENANTS. 892 was owner's unit and was updated extensively: double-pane windows, remodeled kitchen + baths, fresh paint inside out, copper piping, multiple repairs, new fixtures, new waterproof laminate flooring. Vacant and ready to move in, 892 can be owner unit with rented unit for extra income. Both units easily rentable for investors. Rent for 892 is based on last lease ended in Feb. 2021. Offer is subject to inspection of unit 890 Gale Dr. Buyer to cooperate with Seller's 1031 exchange at no extra cost to Buyer.

Last Agent to Sell the Property

Phebe Hsu

Polaris Enterprise Services Inc License #01278930 Listed on: 06/17/2021

Last Buyer's Agent

Phebe Hsu

Polaris Enterprise Services Inc License #01278930 Listed on: 06/17/2021

Property Details

Home Type

  • Multi-Family

Year Built

  • 1968

Lot Details

  • 5,920 Sq Ft Lot

Parking

  • 2 Car Attached Garage
  • Varies By Unit

Home Design

  • Duplex
  • Spanish Architecture
  • Wood Frame Construction
  • Tar and Gravel Roof
  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 2,533 Sq Ft Home
  • 1-Story Property
  • Laminate Flooring
  • Crawl Space
  • Washer and Dryer Hookup

Kitchen

  • Electric Oven
  • Range Hood
  • Dishwasher
  • Granite Countertops
  • Disposal

Utilities

  • Forced Air Heating System
  • Separate Meters
  • 220 Volts
  • Individual Gas Meter

Listing and Financial Details

  • Total Actual Rent $72,600

Community Details

Overview

Building Details

  • 1 Leased Unit
  • Gardener Expense $1,200
  • Insurance Expense $820
  • Maintenance Expense $1,300
  • Manager Expense $800
  • Operating Expense $17,761
  • Gross Income $71,148

Property Details

Home Type

Multi-Family

Year Built

1968

Lot Details

0

Parking

2

Listing Details

  • Zoning: RD
  • Subclass: Duplex
  • Style: Ranch, Spanish
  • Age: 53
  • Listing Class: Residential Income (2-4 Units)
  • Structure Sq Ft: 2533
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1968

Interior Features

  • Kitchen: 220 Volt Outlet, Appliances - Vary By Unit, Countertop - Granite, Dishwasher, Garbage Disposal, Hood Over Range, Oven - Electric, Pantry Cabinet, Varies By Unit
  • Living Sq Ft: 2533
  • Stories: 1
  • Laundry: Hookups Only
  • Flooring: Laminate

Exterior Features

  • Foundation: Concrete Perimeter, Crawl Space
  • Roof: Composition, Tar And Gravel
  • Construction Type: Wood Frame

Garage/Parking

  • Garage Spaces: 2
  • Parking Spaces: 2
  • Garage Parking Features: Attached Garage, Varies By Unit

Utilities

  • Heating System: Forced Air
  • Sewer/Septic System: Sewer - Public

Schools

  • School District: Campbell Union High
  • Elementary School: Easterbrook Discovery
  • Middle School: Moreland Middle
  • High School: Westmont High
  • High School: 242
  • Elementary School: 155
  • Middle School: 35652

Lot Info

  • Lot Acres: 0.1359
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 5920.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 5920.00

Rental Info

  • Existing Lease Term(s): Month To Month
  • Gross Rent Multiplier: 21.49
  • Number Of Leased: 1

Multi Family

  • Utilities: Individual Electric Meters, Individual Gas Meters
  • Expense Insurance: 820
  • Expense Landscape: 1200
  • Expense Maintenance: 1300
  • Expense Management: 800
  • Expenses Total: 17761
  • Income Annual Gross: 71148.00
  • Income Annual Rental: 72600
  • Income Gross Scheduled: 72600
  • Income Includes: Rents
  • Number Of Buildings: 1
  • Operating Expenses Include: Fee - Property Tax, Insurance, Maintenance, Services - Gardener
  • Tenant Expenses: Services - Sewer, Services - Trash Removal, Utilities - Electric, Utilities - Gas, Utilities - Water
  • Vacancy Factor: 1

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 List to Sale Price per Sq Ft Prior Sale
07/26/2021 07/26/21 Sold $1,668,000 +6.9% $659 / Sq Ft
06/20/2021 06/20/21 Pending -- -- --
06/17/2021 06/17/21 For Sale $1,559,999 +77.8% $616 / Sq Ft
07/08/2013 07/08/13 Sold $877,539 +11.2% $346 / Sq Ft View Prior Sale
07/03/2013 07/03/13 Pending -- -- --
06/21/2013 06/21/13 For Sale $789,000 -- $311 / Sq Ft
Source: MLSListings

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81849302

MLSListings

APN: 307-40-028