NOT LISTED FOR SALE
8 Beds
4 Baths
3,200 Sq Ft
7,405 Sq Ft Lot

Last Sold June 10, 2015

Last sale price $1,200,000 $375 Per Sq Ft

29 Days on Market

Highlights

  • Gated with Attendant
  • Solar Power System
  • Balcony
  • Pioneer High School Rated A-
  • Traditional Architecture
  • 4 Car Attached Garage

About This Home

As of June 2015

Great opportunity for the investor all units have been updated recently . Great income opportunity over $6500.00 income a month .

Last Agent to Sell the Property

Saeed Alampaykar

Century 2000 Realty License #00830542 Listed on: 04/19/2015

Last Buyer's Agent

RECIP

Out of Area Office License #00000000

Property Details

Home Type

  • Multi-Family

Year Built

  • 1963

Lot Details

  • Fenced
  • Level Lot
  • Sprinkler System

Parking

  • 4 Car Attached Garage
  • 2 Carport Spaces

Home Design

  • Quadruplex
  • Traditional Architecture
  • Wood Frame Construction
  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • Walk-In Closet
  • 3,200 Sq Ft Home
  • 2-Story Property
  • Whole House Fan
  • Storage Room
  • Laundry Room

Kitchen

  • Electric Cooktop
  • Disposal

Flooring

  • Carpet
  • Laminate
  • Tile

Eco-Friendly Details

  • Air Purifier
  • Solar Power System

Outdoor Features

  • Balcony

Utilities

  • Cooling System Mounted To A Wall/Window
  • Wall Furnace
  • Separate Meters
  • Individual Gas Meter
  • Community Sewer or Septic

Listing and Financial Details

  • Total Actual Rent $76,920

Community Details

Overview

Building Details

  • 4 Leased Units
  • Gardener Expense $1,200
  • Insurance Expense $1,200
  • Maintenance Expense $1,000
  • Manager Expense $1,200
  • Other Expense $1,200
  • Utility Expense $3,600
  • Trash Expense $1,200
  • Operating Expense $18,500
  • Gross Income $77,880

Additional Features

  • Coin Laundry
  • Gated with Attendant

Property Details

Home Type

Multi-Family

Year Built

1963

Lot Details

0

Parking

4

Listing Details

  • Zoning: R2
  • Subclass: Fourplex
  • Style: Traditional
  • Age: 52
  • Listing Class: Residential Income (2-4 Units)
  • Structure Sq Ft: 3200
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1963

Interior Features

  • Kitchen: Cooktop - Electric, Garbage Disposal
  • Living Sq Ft: 3200
  • Stories: 2
  • Security: Security Gate With Guard
  • Laundry: Coin Operated
  • Flooring: Carpet, Laminate, Tile
  • Additional Rooms: Laundry Room, Storage

Exterior Features

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

Garage/Parking

  • Garage Spaces: 4
  • Parking Spaces: 2
  • Garage Parking Features: Attached Garage
  • Carport Min: 2

Utilities

  • Cooling System: Whole House / Attic Fan, Window / Wall Unit
  • Heating System: Wall Furnace
  • Sewer/Septic System: Community Sewer / Septic

Association/Amenities

  • Amenities Miscellaneous: Air Purifier, Walk-In Closet

Schools

  • School District: San Jose Unified
  • High School: Pioneer High
  • High School: 348

Lot Info

  • Lot Description: Grade - Level
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 7440.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 7440.00

Rental Info

  • Existing Lease Term(s): Less Than 1 Yr
  • Gross Rent Multiplier: 15.34
  • Number Of Leased: 4

Multi Family

  • Utilities: Individual Electric Meters, Individual Gas Meters, Natural Gas, Public Utilities, Solar
  • Expense Insurance: 1200
  • Expense Landscape: 1200
  • Expense Maintenance: 1000
  • Expense Management: 1200
  • Expenses Other: 1200
  • Expenses Total: 18500
  • Expenses Utility: 3600
  • Expense Trash: 1200
  • Income Annual Gross: 77880.00
  • Income Annual Rental: 76920
  • Income Gross Scheduled: 77880
  • Income Includes: Coin Operated Equip, Lease, Rents
  • Income Other: 960
  • Meters: Master Water, Separate Electric, Separate Gas
  • Number Of Buildings: 1
  • Operating Expenses Include: Fee - Property Tax, Insurance, Maintenance, Services - Sewer, Utilities - Hot Water, Utilities - Water, Vacancy Factor
  • Tenant Expenses: Utilities - Electric, Utilities - Gas, Utilities - Heating

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
06/10/2015 06/10/15 Sold $1,200,000 +0.4% $375 / Sq Ft
05/18/2015 05/18/15 Pending -- -- --
04/19/2015 04/19/15 For Sale $1,195,000 +89.1% $373 / Sq Ft
09/07/2012 09/07/12 Sold $632,000 +0.2% $198 / Sq Ft
07/20/2012 07/20/12 Pending -- -- --
07/18/2012 07/18/12 For Sale $630,500 -- $197 / 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: ML81460710

MLSListings

APN: 567-52-041