NOT LISTED FOR SALE
4 Beds
3 Baths
2,100 Sq Ft
6,530 Sq Ft Lot

Last Sold June 24, 2024

Last sale price $940,000 $448 Per Sq Ft

29 Days on Market

Highlights

  • Forced Air Heating System
  • 1-Story Property
  • 1-minute walk to Bestor Art Park

About This Home

As of June 2024

Great investment opportunity! This 3-unit property consists of a true duplex in the front and a stand alone unit in the rear of the property. All 3 units are rented. Great location with easy access to parks and schools and all the amenities. Do not miss out on this amazing investment opportunity!

Last Agent to Sell the Property

Mark Chiavetta

Coldwell Banker Realty License #01376400 Listed on: 04/29/2024

Coldwell Banker Realty

Last Buyer's Agent

Carlos Padilla

Intero Real Estate Services License #01342889

Intero Real Estate Services

Property Details

Home Type

  • Multi-Family

Year Built

  • 1928

Lot Details

  • 6,530 Sq Ft Lot

Home Design

  • Triplex
  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 2,100 Sq Ft Home
  • 1-Story Property

Parking

  • 2 Carport Spaces
  • On-Street Parking
  • Off-Street Parking

Utilities

  • Forced Air Heating System
  • Wall Furnace

Listing and Financial Details

  • Total Actual Rent $70,800

Community Details

Overview

  • 2,100 Sq Ft Building

Building Details

  • 3 Leased Units
  • Insurance Expense $1,200
  • Operating Expense $16,468
  • Gross Income $70,800

Property Details

Home Type

Multi-Family

Year Built

1928

Lot Details

0

Listing Details

  • Zoning: M1
  • Subclass: Triplex
  • Age: 96
  • Listing Class: Residential Income (2-4 Units)
  • Structure Sq Ft: 2100
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1928

Interior Features

  • Living Sq Ft: 2100
  • Stories: 1

Exterior Features

  • Foundation: Concrete Perimeter
  • Roof: Composition

Garage/Parking

  • Garage Parking Features: Off-Street Parking, On Street
  • Carport Min: 2

Utilities

  • Heating System: Central Forced Air, Wall Furnace
  • Sewer/Septic System: Sewer - Public, Sewer Connected

Schools

  • School District: San Jose Unified

Lot Info

  • Lot Acres: 0.1499
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 6528.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 6528.00

Rental Info

  • Existing Lease Term(s): Lease Agreement - Written
  • Gross Rent Multiplier: 14.83
  • Number Of Leased: 3

Multi Family

  • Utilities: Public Utilities
  • Expense Insurance: 1200
  • Expenses Total: 16468
  • Income Annual Gross: 70800.00
  • Income Annual Rental: 70800
  • Income Gross Scheduled: 70800
  • Income Includes: Rents
  • Meters: Master Water, Separate Electric, Separate Gas
  • Number Of Buildings: 3
  • Operating Expenses Include: Services - Trash Removal
  • Tenant Expenses: Utilities - Electric, Utilities - Heating, Utilities - Water

Range of Values:

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Average Value
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List Price
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
06/24/2024 06/24/24 Sold $940,000 -10.5% $448 / Sq Ft
05/28/2024 05/28/24 Pending -- -- --
05/06/2024 05/06/24 Price Changed $1,050,000 -12.4% $500 / Sq Ft
04/29/2024 04/29/24 For Sale $1,199,000 -- $571 / 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: ML81960867

MLSListings

APN: 472-14-036