1081 Newhall Street

San Jose, CA 95126

$1,425,000
Last Sold Price
Beds
2,400 Sq. Ft.
$594 / Sq. Ft.
2,400
Sq. Ft.
$594
per Sq. Ft.

Description

Please do not disturb tenant, drive by only! Great investing opportunity in a fourplex nestled in a cute area just close to Rose Garden. Nice neighborhood! This has four 1 bed 1 bath units. All tenant occupied. 2 units with below market rent. Two units have market rent. subject to Rent control. One unit is recently remodeled. Good entry price point for a fourplex. onsite coin op laundry. 4 car carports. Easy access to 880, Santa Clara U and proposed San Jose Google.Please do not disturb tenant, drive by only! Great investing opportunity in a fourplex nestled in a cute area just close to Rose Garden. Nice neighborhood! This has four 1 bed 1 bath units. All tenant occupied. 2 units with below market rent. Two units have market rent. subject to Rent control. One unit is recently remodeled. Good entry price point for a fourplex. onsite coin op laundry. 4 car carports. Easy access to 880, Santa Clara U and proposed San Jose Google.
  1. Listed by Xiaozhu Kang • DRE #01999507 • Coldwell Banker Realty • 650-683-6888

Property Details for 1081 Newhall Street

MLS City Name
SAN JOSE
Building Type
FOURPLEX
Garage Spaces
0
Parking Spaces
0

Location

Listing Courtesy of Coldwell Banker Realty, Xiaozhu Kang, DRE #01999507

Sold By Compass, Jane He, DRE #02094580

Add your commute
LISTING UPDATED: 04/24/2023 11:17 AM

Property Details for 1081 Newhall Street

StatusSold
MLS #ML81921670
Days on Compass1
Taxes$15,000 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income / Fourplex
Year Built1952
Lot Size0.14 AC / 6,072 SF
CountySanta Clara County

Location

Listing Courtesy of Coldwell Banker Realty, Xiaozhu Kang, DRE #01999507

Sold By Compass, Jane He, DRE #02094580

Add your commute

Building Information for 1081 Newhall Street

Stories-Residences4Year Built1952Building Size-Lot Size0.14 AC / 6,072 SF

Payment Calculator

$9,027 per month

30 year fixed, 7.25% Interest

Principal and Interest

$7,777

Property Taxes

$1,250

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 1081 Newhall Street

Features
Features
  • Communications: None
  • Fireplace: No
  • Living SqFt: 2400
  • Pool: No
  • Security Features: None
  • Special Features: None
Utilities
  • Cooling: Other
  • Heating: Wall Furnace
  • Meters: Separate Electric, Separate Gas
  • Sewer Septic: Sewer - Public
  • Utilities: Public Utilities
  • Water: Public
Carport and Parking
  • Carport Min: 4
Garage
  • Garage and Parking: Carport
Property Details
Homeowners Association
  • HOA Exists: 0
  • HOA Fee: $0
Property Details
  • Area Text: Santa Clara
  • Roof: Composition
  • Stories: 0.0
  • Subclass: Fourplex
  • Year Built Source: Assessor
  • Street Number: 1081
  • Street Name: Newhall
  • Street Suffix: Street
  • Area ID: 8
Lot / Property Details
Building Information
  • Number of Buildings: 1
  • Structure SqFt: 2400
  • Structure SqFt Source: Other
  • Age: 71
Development Information
  • Zoning Detail: RM
Location Information
  • Parcel Number: 230-16-097
  • County Name: Santa Clara
  • City Name: SAN JOSE
  • City Postal ID: 58
  • Postal Code: 95126
  • Elementary School: 381
  • Elementary School District: 482
  • Middle School Text: Herbert Hoover Middle
  • High School District Text: San Jose Unified
  • High School Text: Abraham Lincoln High
Lot Information
  • Foundation: Concrete Slab
  • Horse Property: No
  • Lot Acres: .14
  • Lot Size Area Maximum Units: Square Feet
  • Lot Size Area Minimum Units: Square Feet
  • Lot Size Source: Assessor
Mobile / Manufactured Information
Other Information
  • Dual Variable: Yes
Multi Family Information
General Information
  • Annual Tax Amount: $15,000
  • Building Unit Total: 4
  • Capitalization Rate: 3.50
  • Tenant Expenses: Fee - Association , Utilities - Electric, Utilities - Gas, Utilities - Heating, Utilities - Hot Water, Utilities - Water
  • Income Includes: None
  • Vacancy Factor: 0
Income / Expense Details
  • Expense Insurance: $2,355
  • Expense Landscape: $1,420
  • Expense Maintenance: $1,050
  • Expense Management: $3,892
  • Expense Trash: $0
  • Expenses Other: $0
  • Expenses Utility: $4,784
  • Expenses Total: $28,501
  • Operating Expenses Include: Fee - Association, Fee - License/Advertising, Fee - Other Taxes, Fee - Professional Services, Fee - Property Management
  • Gross Rent Multiplier: 18.30
  • Income Annual Gross: $79,224
  • Income Annual Rental: $79,224
  • Income Gross Scheduled: $79,224
  • Income Other: $0
Unit 1 Information
  • Unit 1 Full Bathrooms: 1
  • Unit 1 Number of Bedrooms: 1
  • Unit 1 Rent: $2,052
Unit 2 Information
  • Unit 2 Approx Square Footage: 600
  • Unit 2 Full Bathrooms: 1
  • Unit 2 Number of Bedrooms: 1
  • Unit 2 Rent: $1,300
Unit 3 Information
  • Unit 3 Approx Square Footage: 600
  • Unit 3 Full Bathrooms: 2
  • Unit 3 Number of Bedrooms: 1
  • Unit 3 Rent: $1,950
Unit 4 Information
  • Unit 4 Approx Square Footage: 600
  • Unit 4 Full Bathrooms: 1
  • Unit 4 Number of Bedrooms: 1
  • Unit 4 Rent: $1,300
Unit Type 1
  • Unit Type1 Approx SqFt: 600
Listing Info
Rental Info
  • Lease Type: Net

Property History for 1081 Newhall Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 1081 Newhall Street

Taxable ValueLand$911,371Additions$214,439Total$1,125,810
Tax Record2023$14,939 ($1,245 / month)
Home Facts
Lot Size6,900 SqFtStyleQuadraplexYear Built1952ZoningRMCountySANTA CLARAAPN230-16-097Fireplace TypeHas Fireplace

Schools near 1081 Newhall Street

This home is within San Jose Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Public - 11 to 12
Rating
School
Distance
Merritt Trace Elementary School
PublicK to 5

Herbert Hoover Middle School
Public6 to 8

Abraham Lincoln High School
Public9 to 12

Middle College High School
Public11 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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Similar Sold Homes

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Coldwell Banker Realty, Xiaozhu Kang, DRE #01999507

Based on information from one of the following Multiple Listing Services: San Francisco Association of Realtors, the MLSListings MLS, the BAREIS MLS, the EBRD MLS, Shasta Association of REALTORS® Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by San Francisco Association of Realtors, the MLSListings MLS, the BAREIS MLS, the EBRD MLS, Shasta Association of REALTORS® is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.