NOT LISTED FOR SALE

Gilroy, CA 95020

6 Beds
5 Baths
2,429 Sq Ft
6,055 Sq Ft Lot

Last Sold July 14, 2017

Last sale price $815,000 $336 Per Sq Ft

29 Days on Market

Highlights

  • 1 Car Attached Garage
  • Secured Garage or Parking
  • Forced Air Heating and Cooling System
  • Double Pane Windows
  • Tile Flooring
  • 2-minute walk to San Ysidro Park

About This Home

As of July 2017

Only 13 years old and fully rented with long term tenants. 530 Lewis is a 1 story 3/2 and 536 Lewis (back unit) is a 2 story 3/3 unit. Each unit has a 1 car garage with opener. Both have their own private backyards. They both have tile floors in kitchen and baths and air conditioning units in ea unit. Perfect investment property or live in one and rent out the other.

Last Agent to Sell the Property

Sheila White

Starritt Realtors License #01247937 Listed on: 05/23/2017

Last Buyer's Agent

Paul Newell Jr.

License #00365208

Property Details

Home Type

  • Multi-Family

Year Built

  • 2004

Lot Details

  • 6,055 Sq Ft Lot
  • Fenced
  • Sprinklers on Timer

Parking

  • 1 Car Attached Garage
  • Garage Door Opener
  • Secured Garage or Parking

Home Design

  • Duplex
  • Wood Frame Construction
  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 2,429 Sq Ft Home
  • 2-Story Property
  • Double Pane Windows
  • Washer and Dryer Hookup

Kitchen

  • Built-In Self-Cleaning Oven
  • Range Hood
  • Dishwasher
  • Formica Countertops
  • Disposal

Flooring

  • Carpet
  • Tile

Utilities

  • Forced Air Heating and Cooling System
  • Vented Exhaust Fan
  • Separate Meters
  • 220 Volts
  • Individual Gas Meter
  • Community Sewer or Septic

Listing and Financial Details

  • Total Actual Rent $47,760

Community Details

Overview

Building Details

  • 2 Leased Units
  • Gardener Expense $1,000
  • Insurance Expense $828
  • Maintenance Expense $1,000
  • Operating Expense $9,320
  • Gross Income $47,282

Property Details

Home Type

Multi-Family

Year Built

2004

Lot Details

0

Parking

1

Listing Details

  • Zoning: R1
  • Subclass: Duplex
  • Age: 13
  • Listing Class: Residential Income (2-4 Units)
  • Structure Sq Ft: 2429
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 2004

Interior Features

  • Kitchen: 220 Volt Outlet, Countertop - Formica, Dishwasher, Exhaust Fan, Garbage Disposal, Hood Over Range, Oven - Self Cleaning, Oven Range - Built-In
  • Living Sq Ft: 2429
  • Stories: 2
  • Security: Secured Garage / Parking
  • Laundry: Hookups Only
  • Flooring: Carpet, Tile

Exterior Features

  • Foundation: Concrete Perimeter
  • Roof: Composition
  • Yard/Grounds: Fenced, Sprinklers - Auto
  • Construction Type: Concrete, Wood Frame

Garage/Parking

  • Garage Spaces: 1
  • Parking Spaces: 2
  • Garage Parking Features: Attached Garage, Gate / Door Opener

Utilities

  • Cooling System: Central Ac
  • Heating System: Central Forced Air
  • Sewer/Septic System: Community Sewer / Septic

Schools

  • School District: Gilroy Unified

Lot Info

  • Lot Acres: 0.1390
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 6031.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 6031.00

Green Features

  • Energy Features: Double Pane Windows

Rental Info

  • Existing Lease Term(s): Month To Month
  • Gross Rent Multiplier: 18.01
  • Number Of Leased: 2

Multi Family

  • Utilities: Individual Electric Meters, Individual Gas Meters, Public Utilities
  • Expense Insurance: 828
  • Expense Landscape: 1000
  • Expense Maintenance: 1000
  • Expenses Total: 9320
  • Income Annual Gross: 47282.00
  • Income Annual Rental: 47760
  • Income Gross Scheduled: 47760
  • Income Includes: Rents
  • Meters: Separate Electric, Separate Gas, Separate Water
  • Number Of Buildings: 1
  • Operating Expenses Include: Fee - Property Tax, Maintenance - Repair, Services - Gardener, Vacancy Factor
  • Tenant Expenses: Services - Sewer, Services - Trash Removal, Utilities - Electric, Utilities - Gas, Utilities - Heating, Utilities - Hot Water, 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
07/14/2017 07/14/17 Sold $815,000 -5.2% $336 / Sq Ft
06/22/2017 06/22/17 Pending -- -- --
05/23/2017 05/23/17 For Sale $860,000 -- $354 / Sq Ft
Source: MLSListings

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2017

    Sheila White

    Starritt Realtors

    Section Image

  • P

    Buyer's Agent in 2017

    Paul Newell Jr.

See All Agents

Source: MLSListings

MLS Number: ML81652908

MLSListings

APN: 841-53-068

California Santa Clara County Gilroy

95020

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