NOT LISTED FOR SALE
2 Beds
2 Baths
1,439 Sq Ft
5,314 Sq Ft Lot

Last Sold August 16, 2016

Last sale price $780,000 $542 Per Sq Ft

21 Days on Market

Highlights

  • Tudor Architecture
  • Tile Countertops
  • 1-Story Property
  • 2 Car Detached Garage
  • Forced Air Heating System

About This Home

As of August 2016

TRUSTEE SALE ~ Wonderful investment opportunity located very near desirable Japantown. Large one bedroom, one bath units. Rent are low at $1400/month. Each unit is light and bright with many old world charm features which include: fireplace tile, lathe and plaster, wood framed windows, arched entry to dining areas & partial basements. Upgraded bathrooms & newer furnaces & water heaters. Convenient indoor laundry and shared two car detached garage. Manicured gardens. Rare find in one of the most desired downtown San Jose neighborhoods. Please Do Not Disturb Tenants.

Last Agent to Sell the Property

Eva Scott

Coldwell Banker Realty License #00955448 Listed on: 06/29/2016

Coldwell Banker Realty

Last Buyer's Agent

Jean-Louis Delville

Coldwell Banker Realty License #01276483

Coldwell Banker Realty

Property Details

Home Type

  • Multi-Family

Year Built

  • 1936

Lot Details

  • 5,314

Parking

  • 2 Car Detached Garage
  • On-Street Parking

Home Design

  • Duplex
  • Tudor Architecture
  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,439 Sq Ft Home
  • 1-Story Property
  • Washer and Dryer Hookup

Kitchen

  • Gas Cooktop
  • Tile Countertops

Additional Features

  • 5,314 Sq Ft Lot
  • Forced Air Heating System

Listing and Financial Details

  • Total Actual Rent $32,400

Community Details

Overview

Building Details

  • 2 Leased Units
  • Gardener Expense $600
  • Insurance Expense $1,300
  • Manager Expense $3,240
  • Other Expense $600
  • Trash Expense $390
  • Operating Expense $8,664
  • Gross Income $29,160

Property Details

Home Type

Multi-Family

Year Built

1936

Lot Details

0

Parking

2

Listing Details

  • Zoning: R2
  • Subclass: Duplex
  • Style: Tudor
  • Age: 80
  • Listing Class: Residential Income (2-4 Units)
  • Structure Sq Ft: 1439
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1936

Interior Features

  • Kitchen: Cooktop - Gas, Countertop - Tile, Refrigerator
  • Living Sq Ft: 1439
  • Stories: 1
  • Laundry: Hookups Only

Exterior Features

  • Foundation: Concrete Perimeter
  • Roof: Composition

Garage/Parking

  • Garage Spaces: 2
  • Garage Parking Features: Detached Garage, On Street

Utilities

  • Heating System: Central Forced Air
  • Sewer/Septic System: Sewer Connected

Schools

  • School District: San Jose Unified

Lot Info

  • Lot Acres: 0.1220
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 5301.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 5301.00

Rental Info

  • Existing Lease Term(s): Month To Month
  • Gross Rent Multiplier: 23.12
  • Number Of Leased: 2

Multi Family

  • Utilities: Public Utilities
  • Expense Insurance: 1300
  • Expense Landscape: 600
  • Expense Management: 3240
  • Expenses Other: 600
  • Expenses Total: 8664
  • Expense Trash: 390
  • Income Annual Gross: 29160.00
  • Income Annual Rental: 32400
  • Income Gross Scheduled: 32400
  • Income Includes: Rents
  • Meters: Separate Electric, Separate Gas
  • Number Of Buildings: 1
  • Operating Expenses Include: Fee - Property Management, Fee - Property Tax, Fee - Rent/Lease, Insurance, Services - Gardener
  • Tenant Expenses: Utilities - Electric, Utilities - Gas, Utilities - Water
  • Vacancy Factor: 10

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 Change Sq Ft Price
08/16/2016 08/16/16 Sold $780,000 +4.1% $542 / Sq Ft
07/21/2016 07/21/16 Pending -- -- --
07/12/2016 07/12/16 For Sale $749,000 0.0% $521 / Sq Ft
07/06/2016 07/06/16 Pending -- -- --
06/29/2016 06/29/16 For Sale $749,000 -- $521 / 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: ML81592880

MLSListings