1618 Virginia Avenue

San Jose, CA 95116

$1,450,000
Last Sold Price
Beds
3,859 Sq. Ft.
$376 / Sq. Ft.
3,859
Sq. Ft.
$376
per Sq. Ft.

Description

TWO (2) 3BED/2BATH and TWO (2) 2BED/1BATH units Large balconies and private backyards Townhouse style units The fourplex located in San Jose, the heart of Silicon Valley. The property sits on just under 6,389 square feet of low maintenance land and was originally constructed in 1962. The property boasts just over 3,850 square feet of living space The property sits just outside the eastern border of the rapidly expanding Downtown San Jose corridor The property offers access to the countries most expansive...TWO (2) 3BED/2BATH and TWO (2) 2BED/1BATH units Large balconies and private backyards Townhouse style units The fourplex located in San Jose, the heart of Silicon Valley. The property sits on just under 6,389 square feet of low maintenance land and was originally constructed in 1962. The property boasts just over 3,850 square feet of living space The property sits just outside the eastern border of the rapidly expanding Downtown San Jose corridor The property offers access to the countries most expansive employment market and at the same time provides residents with a suburban feel The same owner keeps property for more than 41 years The perfect opportunity for an investor or owner-user, this property is priced to sell quickly. Recent closings on Virginia Ave range between $1,600,000 - $1,650,000
  1. Listed by Truman Nhu • DRE #01110101 • Century 21 Real Estate Alliance • 408-781-3181
  2. Listed by Alexia Nguyen • DRE #01262272 • Century 21 Real Estate Alliance

Property Details for 1618 Virginia Avenue

MLS City Name
SAN JOSE
Building Type
FOURPLEX
Garage Spaces
0
Parking Spaces
2

Location

Listing Courtesy of Century 21 Real Estate Alliance, Truman Nhu, DRE #01110101; Century 21 Real Estate Alliance, Alexia Nguyen, DRE #01262272

Sold By Century 21 Real Estate Alliance, Truman Nhu, DRE #01110101

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LISTING UPDATED: 10/03/2020 12:00 PM

Property Details for 1618 Virginia Avenue

StatusSold
MLS #ML81792524
Days on Compass83
Taxes$20,650 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeRESIDENTIAL INCOME / Fourplex
Year Built1962
Lot Size0.15 AC / 6,389 SF
CountySanta Clara County

Location

Listing Courtesy of Century 21 Real Estate Alliance, Truman Nhu, DRE #01110101; Century 21 Real Estate Alliance, Alexia Nguyen, DRE #01262272

Sold By Century 21 Real Estate Alliance, Truman Nhu, DRE #01110101

Add your commute

Building Information for 1618 Virginia Avenue

Stories2Residences4Year Built1962Building Size-Lot Size0.15 AC / 6,389 SF

Payment Calculator

$9,634 per month

30 year fixed, 7.25% Interest

Principal and Interest

$7,913

Property Taxes

$1,721

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 1618 Virginia Avenue

Features
Features
  • Fireplace: No
  • Living SqFt: 3859
  • Pool: No
  • Security Features: None
  • Special Features: Other
Utilities
  • Cooling: None
  • Heating: Wall Furnace
  • Meters: Master Water, Separate Electric, Separate Gas
  • Sewer Septic: Sewer Connected
  • 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: Alum Rock
  • Roof: Tar and Gravel
  • Subclass: Fourplex
  • Year Built Source: Assessor
  • Street Number: 1618
  • Street Name: Virginia
  • Street Suffix: Avenue
  • Area ID: 4
Lot / Property Details
Building Information
  • Number Of Stories: 2
  • Number of Buildings: 1
  • Structure SqFt: 3859
  • Structure SqFt Source: Assessor
  • Age: 58
Development Information
  • Zoning Detail: RM
Location Information
  • Parcel Number: 481-44-047
  • County Name: Santa Clara
  • City Name: SAN JOSE
  • City Postal ID: 58
  • Postal Code: 95116
  • Elementary School District: 451
  • High School District Text: East Side Union High
Lot Information
  • Foundation: Concrete Slab
  • Horse Property: No
  • Lot Acres: .15
  • 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
Building Information
  • No Of Leased: 4
General Information
  • Annual Tax Amount: $20,650
  • Building Unit Total: 4
  • Capitalization Rate: 3.71
  • Tenant Expenses: Utilities - Electric, Utilities - Gas
  • Income Includes: Rents
  • Vacancy Factor: 0
Income / Expense Details
  • Expense Insurance: $1,200
  • Expense Landscape: $0
  • Expense Maintenance: $1,000
  • Expense Management: $5,500
  • Expense Trash: $2,280
  • Expenses Other: $0
  • Expenses Utility: $4,200
  • Expenses Total: $34,830
  • Operating Expenses Include: Fee - Property Tax, Insurance, Maintenance - Repair, Services - Sewer, Utilities - Electric, Utilities - Gas, Utilities - Water
  • Gross Rent Multiplier: 16.80
  • Income Annual Gross: $92,280
  • Income Annual Rental: $92,280
  • Income Gross Scheduled: $92,280
  • Income Other: $0
Unit 1 Information
  • Unit 1 Full Bathrooms: 2
  • Unit 1 Number of Bedrooms: 3
  • Unit 1 Rent: $1,760
Unit 2 Information
  • Unit 2 Full Bathrooms: 2
  • Unit 2 Number of Bedrooms: 3
  • Unit 2 Rent: $2,150
Unit 3 Information
  • Unit 3 Full Bathrooms: 1
  • Unit 3 Number of Bedrooms: 2
  • Unit 3 Rent: $2,250
Unit 4 Information
  • Unit 4 Full Bathrooms: 1
  • Unit 4 Number of Bedrooms: 2
  • Unit 4 Rent: $1,530

Property History for 1618 Virginia 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 1618 Virginia Avenue

Taxable ValueLand$1,108,026Additions$400,554Total$1,508,580
Tax Record2023$21,591 ($1,799 / month)
Home Facts
Total Finished SqFt3,859 SqFtAbove Grade Finished SqFt3,859 SqFtStories2Lot Size6,327 SqFtStyleQuadraplexYear Built1962ZoningRMCountySANTA CLARAAPN481-44-047Fireplace TypeHas Fireplace

Schools near 1618 Virginia Avenue

This home is within Alum Rock Union Elementary School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Public - K to 6
Rating
School
Distance
Cesar Chavez Elementary School
PublicK to 5

Lee Mathson Middle School
Public6 to 8

Independence High School
Public9 to 12

Adelante Dual Language Academy Ii
PublicK to 6

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 Century 21 Real Estate Alliance, Truman Nhu, DRE #01110101; Century 21 Real Estate Alliance, Alexia Nguyen, DRE #01262272

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.