1828 Park Avenue

San Jose, CA 95126

$3,600,000
Price
Beds
6,248 Sq. Ft.
$576 / Sq. Ft.
6,248
Sq. Ft.
$576
per Sq. Ft.

Description

This Rose Garden quality 8 unit building is to be sold in it's present and as is condition. All units are vacant. In July 2020 there was a fire that caused damage to all of the top floor and half of the first floor. We are in the building permit stage and working with the insurance company. All the units are very large. Some with corner windows. Walk to the Rose Garden, Star Bucks, University Ave. The building is approximately 8 miles from Apple's new "Spaceship" campus, 101/2 miles from Santana...

Property Details for 1828 Park Avenue

MLS City Name
SAN JOSE
Building Type
Other
Garage Spaces
1
Parking Spaces
1

Location

Listing Courtesy of Mc Elroy Properties & Inv., Terry McElroy, DRE #00495447

Property Details for 1828 Park Avenue

StatusActive
MLS #ML81824866
Days on Market101
Taxes$45,000 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeCOMM RI MULTI-UNITS 5+ / Other
Year Built1960
Lot Size0.25 AC / 10,777 SF
CountySanta Clara County

Listing Agent

Terry McElroy

Terry McElroy

Mc Elroy Properties & Inv.

terrymcelroy7@gmail.com

P: 408.966.9661

M: (408) 966-9661

DRE #00495447

Contact Agent(s)

Location

Listing Courtesy of Mc Elroy Properties & Inv., Terry McElroy, DRE #00495447

Building Information for 1828 Park Avenue

Stories-Residences-Year Built1960Building Size-Lot Size0.25 AC / 10,777 SF

Payment Calculator

$15,815 per month

30 year fixed, 2.95% Interest

Principal and Interest

$12,065

Property Taxes

$3,750

HOA Dues

$0

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Property Information for 1828 Park Avenue

Features
    Features
  • Communications: Cable TV
  • Flooring: Laminate
  • Living SqFt: 6248
  • Pool: No
  • Security Features: None
  • Special Features: None
    Utilities
  • Cooling: Central Forced Air - Gas
  • Heating: Forced Air
  • Meters: Master Water, Separate Electric, Separate Gas
  • Sewer Septic: Sewer Connected
  • Utilities: Individual Electric Meters, Individual Gas Meters, Natural Gas, Public Utilities
  • Water: Public, Water Softener
    Carport and Parking
  • Carport Min: 6
    Garage
  • Garage Parking Features: Carport , Common Parking Area, Detached Garage, Workshop in Garage
Property Details
    Homeowners Association
  • HOA Exists: 0
    Property Details
  • Min Num Of Units in Complex: 8
  • Area Text: Central San Jose
  • Roof: Composition
  • Subclass: Five or More Units
  • Year Built Source: Assessor
  • Street Number: 1828
  • Street Name: Park
  • Street Suffix: Avenue
  • Area ID: 9
Lot / Property Details
    Building Information
  • Number of Buildings: 2
  • Structure SqFt: 6248
  • Structure SqFt Source: Assessor
  • Age: 61
    Development Information
  • Ownership Type: Sole Proprietor
  • Zoning Detail: R3
    Location Information
  • City Limits: Yes
  • Cross Street: UNIVERSITY AVE
  • Incorporated: No
  • Parcel Number: 261-15-083
  • County Name: Santa Clara
  • City Name: SAN JOSE
  • City Postal ID: 58
  • Postal Code: 95126
  • Elementary School District: 482
  • High School District Text: San Jose Unified
    Lot Information
  • Foundation: Concrete Perimeter
  • Lot Acres: .25
  • Lot Size Area Maximum Units: Square Feet
  • Lot Size Area Minimum Units: Square Feet
  • Lot Size Source: Assessor
Multi Family Information
    Building Information
  • No Of Leased: 0
    General Information
  • Annual Tax Amount: $45,000
  • Capitalization Rate: 4.43
  • Tenant Expenses: Utilities - Electric, Utilities - Gas
  • Income Includes: Laundry
  • Vacancy Factor: 1
    Income / Expense Details
  • Expense Insurance: $3,250
  • Expense Landscape: $3,600
  • Expense Maintenance: $1,600
  • Expense Management: $14,640
  • Expense Trash: $3,420
  • Expenses Other: $0
  • Expenses Utility: $9,000
  • Expenses Total: $80,510
  • Operating Expenses Include: Maintenance
  • Gross Rent Multiplier: 14.85
  • Income Annual Gross: $239,976
  • Income Annual Rental: $237,600
  • Income Gross Scheduled: $242,400
  • Income Other: $4,800
    Unit 1 Information
  • Unit 1 Full Bathrooms: 1
  • Unit 1 Half Bathrooms: 0
  • Unit 1 Number of Bedrooms: 2
  • Unit 1 Rent: $2,800
    Unit 2 Information
  • Unit 2 Approx Square Footage: 700
  • Unit 2 Full Bathrooms: 1
  • Unit 2 Number of Bedrooms: 1
  • Unit 2 Rent: $2,200
    Unit Type 1
  • Unit Type1 Approx SqFt: 900

Property History for 1828 Park Ave

DateEvent & SourcePriceAppreciation
Jan 7, 2021

Listed (Active)

EBRD #ML81824866

$3,600,000
Jan 7, 2021

Listed (Active)

MLSListings #ML81824866

$3,600,000
Dec 6, 2019

Sold

MLSListings #ML81776301

$2,150,000
DateEvent & SourcePrice
01/07/2021

Listed (Active)

EBRD #ML81824866

$3,600,000
01/07/2021

Listed (Active)

MLSListings #ML81824866

$3,600,000
12/06/2019

Sold

MLSListings #ML81776301

$2,150,000

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

Public Records for 1828 Park Avenue

Taxable ValueLand$1,440,000Additions$710,000Total$2,150,000
Tax Record2020$30,930 ($2,578 / month)
Home Facts
Total Finished SqFt6,248 SqFtAbove Grade Finished SqFt6,248 SqFtStories2Lot Size8,250 SqFtStyleMulti-Family Dwelling (2-4)Year Built1960Year Renovated1960ZoningR3CountySANTA CLARAAPN26115083

Schools near 1828 Park Avenue


SchoolTypeGradesDistanceRating
Herbert Hoover Middle SchoolPublic6-80.3 mi
3
Merritt Trace Elementary SchoolPublicK-50.4 mi
4
Abraham Lincoln High SchoolPublic9-120.5 mi
5
Bellarmine College Preparatory SchoolPrivate9-120.6 mi
NR

Herbert Hoover Middle School

6-8, 0.3 mi, Public

3

Merritt Trace Elementary School

K-5, 0.4 mi, Public

4

Abraham Lincoln High School

9-12, 0.5 mi, Public

5

Bellarmine College Preparatory School

9-12, 0.6 mi, Private

NR

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.

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Similar Sold Homes

Sorry, we can't find any similar sold homes at this time. Please check back later.

1828 Park Avenue is a multi-family home for sale in San Jose, CA 95126. This property was listed for sale on January 7, 2021 by Mc Elroy Properties & Inv. at $3,600,000. It has been on the market for a total of 101 days and was last sold on December 6, 2019. This listing's school district is San Jose Unified School District. Nearby schools include Herbert Hoover Middle School, Merritt Trace Elementary School and Abraham Lincoln High School. 1828 Park Avenue is a 0-bed, 0-bath, 6,248 sqft multi-family home built in 1960. This address can also be written as 1828 Park Ave.

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. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Mc Elroy Properties & Inv., Terry McElroy, DRE #00495447

Based on information from the San Francisco Association of Realtors as of 01/07/2021 12:00 AM, the MLSListings MLS as of 01/07/2021 12:00 AM, or the BAREIS MLS as of 01/07/2021 12:00 AM. MLS data is deemed reliable but is not guaranteed accurate by the MLS. Information is provided for consumers’ personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. Information being provided is for consumers’ personal, non-commercial use and may not be used for any purposes other than to identify prospective properties consumers may be interested in purchasing. Data last updated on 01/07/2021 09:46 AM