NOT LISTED FOR SALE
6 Beds
3 Baths
2,175 Sq Ft
9,461 Sq Ft Lot

Last Sold May 05, 2023

Last sale price $1,050,000 $483 Per Sq Ft

14 Days on Market

About This Home

As of May 2023

Great Investment opportunity! Property consists of 3 units each with 2 beds/1bath averaging approximately 725 sqft. Each unit includes a 1 car garage and driveway parking as well. Centrally located in between Highways 101 and 680, easy access to Downtown San Jose, San Jose State University, and public transportation. Walking distance to Vietnam Town and Grand Century Mall.

Last Agent to Sell the Property

Kim Lam

Premier Century Real Estate Services License #01325257 Listed on: 12/05/2022

Last Buyer's Agent

Kim Lam

Premier Century Real Estate Services License #01325257 Listed on: 12/05/2022

Property Details

Home Type

  • Multi-Family

Year Built

  • 1954

Lot Details

  • 9,461 Sq Ft Lot

Parking

  • 3 Car Garage
  • Off-Street Parking

Home Design

  • Triplex
  • Slab Foundation
  • Composition Roof

Interior Spaces

  • 2,175 Sq Ft Home
  • 1-Story Property
  • Carpet
  • Oven or Range

Utilities

  • Heating System Uses Gas
  • Individual Gas Meter
  • Sewer Within 50 Feet

Listing and Financial Details

  • Total Actual Rent $82,428

Community Details

Overview

Building Details

  • 3 Leased Units
  • Insurance Expense $1,500
  • Operating Expense $12,500
  • Gross Income $82,428

Property Details

Home Type

Multi-Family

Year Built

1954

Lot Details

0

Parking

3

Listing Details

  • Zoning: R2
  • Subclass: Triplex
  • Age: 68
  • Listing Class: Residential Income (2-4 Units)
  • Structure Sq Ft: 2175
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1954

Interior Features

  • Kitchen: Oven Range
  • Living Sq Ft: 2175
  • Stories: 1
  • Flooring: Carpet

Exterior Features

  • Foundation: Concrete Slab
  • Roof: Composition

Garage/Parking

  • Garage Spaces: 3
  • Garage Parking Features: Off-Street Parking

Utilities

  • Heating System: Gas
  • Sewer/Septic System: Sewer Connected, Sewer In Street

Schools

  • School District: East Side Union High

Lot Info

  • Lot Acres: 0.2172
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 9462.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 9462.00

Rental Info

  • Existing Lease Term(s): Month To Month
  • Gross Rent Multiplier: 14.56
  • Number Of Leased: 3

Multi Family

  • Utilities: Individual Gas Meters
  • Expense Insurance: 1500
  • Expenses Total: 12500
  • Income Annual Gross: 82428.00
  • Income Annual Rental: 82428
  • Income Gross Scheduled: 82428
  • Income Includes: Rents
  • Meters: Separate Gas
  • Number Of Buildings: 1
  • Operating Expenses Include: Miscellaneous/Other, Services - Trash Removal, Utilities - Water
  • Tenant Expenses: Utilities - Electric, Utilities - Gas, Utilities - Water

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
05/05/2023 05/05/23 Sold $1,050,000 -12.5% $483 / Sq Ft
12/20/2022 12/20/22 Pending -- -- --
12/05/2022 12/05/22 For Sale $1,200,000 -- $552 / Sq Ft
Source: MLSListings

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Source: MLSListings

MLS Number: ML81914349

MLSListings