150 West Main Avenue

Morgan Hill, CA 95037

$1,125,000
Last Sold Price
Beds
2,610 Sq. Ft.
$431 / Sq. Ft.
2,610
Sq. Ft.
$431
per Sq. Ft.

Description

Income Opportunity--A Well-Maintained Duplex in South Silicon Valley is located a couple of blocks from the heart of Downtown Morgan Hills dining and entertainment mecca, boutique shopping, public art shows, year-round Farmer's Market, lively festivals and special events throughout the year. Built in 1990, each unit has 3BD, 2BA, a 2-car garage with laundry area, laminated wood and tile floors, updated kitchens and baths, 1 bedroom suite, open living-dining areas and separate water and PG&E meters....Income Opportunity--A Well-Maintained Duplex in South Silicon Valley is located a couple of blocks from the heart of Downtown Morgan Hills dining and entertainment mecca, boutique shopping, public art shows, year-round Farmer's Market, lively festivals and special events throughout the year. Built in 1990, each unit has 3BD, 2BA, a 2-car garage with laundry area, laminated wood and tile floors, updated kitchens and baths, 1 bedroom suite, open living-dining areas and separate water and PG&E meters. Unit 150: Entirely updated (2023) with new paint, flooring, lighting, dual-pane windows, kitchen and baths, including appliances and fixtures, water heater and wall heaters. Market Rent: $3300. Vacant. Unit 154: Updated (2016-2017) laminated wood floors, kitchen and baths, some appliances. Fenced back yard with pergola structure. Current Rent: $3050. Leased / Market Rent: $3300. This thriving community is near award-winning wineries, golf courses, lakes, hiking trails and vast open space.
  1. Listed by J.F. Lue • DRE #01262587 • Christie's International Real Estate Sereno • 408-499-7205

Property Details for 150 West Main Avenue

MLS City Name
MORGAN HILL
Building Type
DUPLEX
Garage Spaces
2
Parking Spaces
0
Cross Street
Monterey Rd

Location

Listing Courtesy of Christie's International Real Estate Sereno, J.F. Lue, DRE #01262587

Sold By New Star Realty Silicon Valley, Annie Youn, DRE #01771631

Add your commute
LISTING UPDATED: 06/17/2023 05:16 AM

Property Details for 150 West Main Avenue

StatusSold
MLS #ML81926504
Days on Compass30
Taxes$13,653 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeRESIDENTIAL INCOME / DUPLEX
Year Built1990
Lot Size0.12 AC / 5,400 SF
CountySanta Clara County

Location

Listing Courtesy of Christie's International Real Estate Sereno, J.F. Lue, DRE #01262587

Sold By New Star Realty Silicon Valley, Annie Youn, DRE #01771631

Add your commute

Building Information for 150 West Main Avenue

Stories2Residences2Year Built1990Building Size-Lot Size0.12 AC / 5,400 SF

Payment Calculator

$7,277 per month

30 year fixed, 7.25% Interest

Principal and Interest

$6,140

Property Taxes

$1,138

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 150 West Main Avenue

Features
Room Information
  • Kitchen: 220 Volt Outlet, Countertop - Granite, Dishwasher, Exhaust Fan, Garbage Disposal, Hood Over Range, Oven Range - Electric
Features
  • Fireplace: No
  • Flooring: Carpet, Laminate, Tile
  • Laundry: Hookups Only
  • Living SqFt: 2610
  • Pool: No
  • Security Features: None
  • Special Features: None
Utilities
  • Cooling: None
  • Heating: Wall Furnace
  • Meters: Separate Electric, Separate Gas, Separate Water
  • Sewer Septic: Septic Connected, Sewer - Public
  • Utilities: Individual Electric Meters, Individual Gas Meters, Natural Gas, Public Utilities
  • Water: Individual Water Meter, Public
Carport and Parking
  • Carport Min: 0
Garage
  • Garage and Parking: Attached Garage
Property Details
Homeowners Association
  • HOA Exists: 0
  • HOA Fee: $0
Property Details
  • Area Text: Morgan Hill / Gilroy / San Martin
  • Roof: Composition, Shingle
  • Subclass: Duplex
  • Year Built Source: Assessor
  • Street Number: 150
  • Street Name: Main
  • Street Direction Prefix: West
  • Street Suffix: Avenue
  • Area ID: 1
Lot / Property Details
Building Information
  • Number Of Stories: 2
  • Number of Buildings: 1
  • Structure SqFt: 2610
  • Structure SqFt Source: Assessor
  • Age: 33
Development Information
  • Construction Type: Wood Frame
  • Zoning Detail: R2PD
Location Information
  • Parcel Number: 767-05-033
  • County Name: Santa Clara
  • City Name: MORGAN HILL
  • City Postal ID: 39
  • Postal Code: 95037
  • Elementary School District: 480
  • High School District Text: Morgan Hill Unified
Lot Information
  • Foundation: Concrete Perimeter
  • Horse Property: No
  • Lot Acres: .12
  • 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: No
Multi Family Information
General Information
  • Annual Tax Amount: $13,653
  • Building Unit Total: 2
  • Capitalization Rate: 4.89
  • Tenant Expenses: All Expenses, Utilities - Electric, Utilities - Gas, Utilities - Heating, Utilities - Hot Water, Utilities - Water
  • Income Includes: None
  • Vacancy Factor: 3
Income / Expense Details
  • Expense Insurance: $2,000
  • Expense Landscape: $0
  • Expense Maintenance: $2,500
  • Expense Management: $0
  • Expense Trash: $0
  • Expenses Other: $0
  • Expenses Utility: $0
  • Expenses Total: $18,153
  • Operating Expenses Include: Fee - Property Tax, Insurance, Miscellaneous/Other
  • Gross Rent Multiplier: 15.15
  • Income Annual Gross: $76,824
  • Income Annual Rental: $79,200
  • Income Gross Scheduled: $79,200
  • Income Other: $0
Unit 1 Information
  • Unit 1 Full Bathrooms: 2
  • Unit 1 Number of Bedrooms: 3
Unit 2 Information
  • Unit 2 Approx Square Footage: 1305
  • Unit 2 Full Bathrooms: 2
  • Unit 2 Number of Bedrooms: 3
  • Unit 2 Rent: $3,050
Unit Type 1
  • Unit Type1 Approx SqFt: 1305

Property History for 150 West Main Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Public Records for 150 West Main Avenue

Taxable ValueLand$309,433Additions$318,098Total$627,531
Home Facts
Total Finished SqFt2,610 SqFtAbove Grade Finished SqFt2,610 SqFtStories2Lot Size5,400 SqFtStyleDuplexYear Built1990ZoningR2PDCountySANTA CLARAAPN767-05-033Fireplace TypeHas Fireplace

Schools near 150 West Main Avenue

This home is within Morgan Hill Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Public - 10 to 12
Rating
School
Distance
P. A. Walsh Elementary School
PublicK to 5

Lewis H. Britton Middle School
Public6 to 8

Live Oak High School
Public9 to 12

Central High (Continuation) School
Public10 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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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 Christie's International Real Estate Sereno, J.F. Lue, DRE #01262587

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.