1965 Park Avenue

San Jose, CA 95126

$1,395,000
Last Sold Price
Beds
2,324 Sq. Ft.
$600 / Sq. Ft.
2,324
Sq. Ft.
$600
per Sq. Ft.

Description

Welcome! Centrally located income property in the heart of San Jose. Rose garden area with all the amenities of Downtown but off the beaten path in this highly desired neighborhood. Close to many great restaurants and cafes with plenty of options for shopping. Three well maintained units with easy access to The Alameda, Hwy 880, and an easy commute North and South, East and West. Want to take the train, bus, light rail? Walking distance to the Diridon Station transportation hub. Large lot with plenty...Welcome! Centrally located income property in the heart of San Jose. Rose garden area with all the amenities of Downtown but off the beaten path in this highly desired neighborhood. Close to many great restaurants and cafes with plenty of options for shopping. Three well maintained units with easy access to The Alameda, Hwy 880, and an easy commute North and South, East and West. Want to take the train, bus, light rail? Walking distance to the Diridon Station transportation hub. Large lot with plenty of parking, serious growth potential if you want to add more units. Income property with the feel of home, front yard lawn, BBQ space and more. Seperate laundry room access to both front units with individual washer/dryer for each unit; back unit has their own laundry. Great income stream for a smart investor.
  1. Listed by Gregory Stephens • DRE #01441238 • AARE • 408-805-2101

Property Details for 1965 Park Avenue

MLS City Name
SAN JOSE
Building Type
TRIPLEX
Garage Spaces
0
Parking Spaces
4

Location

Listing Courtesy of AARE, Gregory Stephens, DRE #01441238

Sold By AARE, Gregory Stephens, DRE #01441238

Add your commute
LISTING UPDATED: 07/26/2023 04:13 PM

Property Details for 1965 Park Avenue

StatusSold
MLS #ML81931218
Days on Compass29
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeRESIDENTIAL INCOME / TRIPLEX
Year Built1924
Lot Size0.19 AC / 8,448 SF
CountySanta Clara County

Location

Listing Courtesy of AARE, Gregory Stephens, DRE #01441238

Sold By AARE, Gregory Stephens, DRE #01441238

Add your commute

Building Information for 1965 Park Avenue

Stories1Residences3Year Built1924Building Size-Lot Size0.19 AC / 8,448 SF

Payment Calculator

$8,404 per month

30 year fixed, 7.25% Interest

Principal and Interest

$7,613

Property Taxes

$791

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 1965 Park Avenue

Features
Features
  • Fireplace: No
  • Flooring: Carpet, Laminate, Vinyl / Linoleum
  • Laundry: Washer / Dryer
  • Living SqFt: 2324
  • Pool: No
  • Security Features: Other
  • Special Features: Parking
Utilities
  • Cooling: Other
  • Heating: Wall Furnace
  • Meters: Separate Electric, Separate Gas, Separate Water
  • Sewer Septic: Sewer - Public
  • Utilities: Public Utilities
  • Water: Public
Carport and Parking
  • Carport Min: 0
Garage
  • Garage and Parking: Parking Area
Property Details
Homeowners Association
  • HOA Exists: 0
  • HOA Fee: $0
Property Details
  • Area Text: Central San Jose
  • Roof: Shingle
  • Subclass: Triplex
  • Year Built Source: Assessor
  • Street Number: 1965
  • Street Name: Park
  • Street Suffix: Avenue
  • Area ID: 9
Lot / Property Details
Building Information
  • Number Of Stories: 1
  • Number of Buildings: 1
  • Structure SqFt: 2324
  • Structure SqFt Source: Assessor
  • Age: 99
Development Information
  • Ownership Type: Individual
  • Zoning Detail: R3
Location Information
  • City Limits: Yes
  • Incorporated: Yes
  • Parcel Number: 274-05-005
  • 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 Slab
  • Horse Property: No
  • Lot Acres: .19
  • Lot Size Area Maximum Units: Square Feet
  • Lot Size Area Minimum Units: Square Feet
  • Lot Size Source: Assessor
  • Yard Grounds: BBQ Area
Multi Family Information
General Information
  • Annual Tax Amount: $0
  • Building Unit Total: 3
  • Capitalization Rate: 4.65
  • Tenant Expenses: Utilities - Electric, Utilities - Gas, Utilities - Water
  • Income Includes: Rents
  • Vacancy Factor: 2
Income / Expense Details
  • Expense Insurance: $0
  • Expense Landscape: $0
  • Expense Maintenance: $0
  • Expense Management: $0
  • Expense Trash: $0
  • Expenses Other: $0
  • Expenses Utility: $0
  • Expenses Total: $0
  • Operating Expenses Include: Other
  • Gross Rent Multiplier: 20.84
  • Income Annual Gross: $69,258
  • Income Annual Rental: $71,400
  • Income Gross Scheduled: $71,400
  • Income Other: $0
Unit 1 Information
  • Unit 1 Full Bathrooms: 1
  • Unit 1 Number of Bedrooms: 1
Unit 2 Information
  • Unit 2 Approx Square Footage: 600
  • Unit 2 Full Bathrooms: 1
  • Unit 2 Number of Bedrooms: 1
Unit 3 Information
  • Unit 3 Approx Square Footage: 800
  • Unit 3 Full Bathrooms: 2
  • Unit 3 Number of Bedrooms: 2
Unit Type 1
  • Unit Type1 Approx SqFt: 600

Property History for 1965 Park 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 1965 Park Avenue

Taxable ValueLand$248,132Additions$279,150Total$527,282
Tax Record2023$9,491 ($791 / month)
Home Facts
Total Finished SqFt2,324 SqFtAbove Grade Finished SqFt2,324 SqFtStories1Lot Size8,250 SqFtStyleDuplexYear Built1924Year Renovated1970ZoningR3CountySANTA CLARAAPN274-05-005Fireplace TypeHas Fireplace

Schools near 1965 Park Avenue

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 AARE, Gregory Stephens, DRE #01441238

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.