L
Seller's Agent in 2021
Lin Ortega
Altas Realty
9
Beds
4
Baths
3,440
Sq Ft
6,286
Sq Ft Lot
Highlights
- Downtown View
- Balcony
- Tile Flooring
- Victorian Architecture
- Tile Countertops
- Forced Air Heating System
About This Home
As of May 2021Charming vintage Victorian 4-plex situated in downtown San Jose just 2 blocks from SJ State University. All units are occupied by long term tenants; no vacancies since 2014. Great opportunity for investors as property has great upswing return potential, or or potentially for owner-occupied income property. Each unit comes with assigned parking; street parking is available via City of San Jose issued parking permits.
Last Agent to Sell the Property
Lin Ortega
Altas Realty License #01299416 Listed on: 08/05/2020
Last Buyer's Agent
Lin Ortega
Altas Realty License #01299416 Listed on: 08/05/2020
Property Details
Home Type
- Multi-Family
Year Built
- 1900
Lot Details
- 6,286 Sq Ft Lot
- Fenced
- Grass Covered Lot
Home Design
- Quadruplex
- Victorian Architecture
- Brick Foundation
- Raised Foundation
- Wood Frame Construction
- Shingle Roof
- Composition Roof
Interior Spaces
- 3,440 Sq Ft Home
- 2-Story Property
- Ceiling Fan
- Downtown Views
- Washer and Dryer
Kitchen
- Gas Oven
- Range Hood
- Dishwasher
- Tile Countertops
- Disposal
Flooring
- Carpet
- Laminate
- Tile
Parking
- 4 Parking Spaces
- On-Street Parking
- Assigned Parking
Outdoor Features
- Balcony
Utilities
- Forced Air Heating System
- Wall Furnace
- Vented Exhaust Fan
- Separate Meters
- Individual Gas Meter
Listing and Financial Details
- Total Actual Rent $77,616
Community Details
Overview
Building Details
- 4 Leased Units
- Insurance Expense $2,500
- Maintenance Expense $5,000
- Utility Expense $2,500
- Trash Expense $1,500
- Operating Expense $18,715
- Gross Income $77,616
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Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 05/28/2021 05/28/21 | Sold | $1,450,000 | -10.8% | $422 / Sq Ft |
| 04/15/2021 04/15/21 | Pending | -- | -- | -- |
| 11/10/2020 11/10/20 | Price Changed | $1,625,000 | -1.5% | $472 / Sq Ft |
| 08/05/2020 08/05/20 | For Sale | $1,650,000 | -- | $480 / Sq Ft |
Source: MLSListings
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $19,749 | $1,569,525 | $1,082,432 | $487,093 |
| 2024 | $19,749 | $1,538,751 | $1,061,208 | $477,543 |
| 2023 | $19,353 | $1,508,580 | $1,040,400 | $468,180 |
| 2022 | $19,214 | $1,479,000 | $1,020,000 | $459,000 |
| 2021 | $7,472 | $480,605 | $203,795 | $276,810 |
| 2020 | $7,368 | $475,678 | $201,706 | $273,972 |
| 2019 | $7,216 | $466,351 | $197,751 | $268,600 |
| 2018 | $13,418 | $764,507 | $419,488 | $345,019 |
| 2017 | $6,644 | $412,292 | $197,253 | $215,039 |
| 2016 | $6,451 | $404,209 | $193,386 | $210,823 |
| 2015 | $6,365 | $398,139 | $190,482 | $207,657 |
| 2014 | $6,158 | $390,341 | $186,751 | $203,590 |
Source: Public Records
Agents Affiliated with this Home
Source: MLSListings
MLS Number: ML81804553
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