289 North 11th Street

San Jose, CA 95112

$930,000
Last Sold Price
Beds
1,602 Sq. Ft.
$581 / Sq. Ft.
1,602
Sq. Ft.
$581
per Sq. Ft.

Description

Terrific income opportunity to own this great 3 unit investment property in the heart of downtown san jose! Increased rental potential with the upcoming google mega campus. Close to san jose state university, sap center as well as adobe, oracle, zoom, and easy access to freeways.Terrific income opportunity to own this great 3 unit investment property in the heart of downtown san jose! Increased rental potential with the upcoming google mega campus. Close to san jose state university, sap center as well as adobe, oracle, zoom, and easy access to freeways.
  1. Listed by Peter Myers • DRE #01094953 • Coldwell Banker Realty • 408-605-0428

Property Details for 289 North 11th Street

MLS City Name
SAN JOSE
Building Type
TRIPLEX
Garage Spaces
0
Parking Spaces
3

Location

Listing Courtesy of Coldwell Banker Realty, Peter Myers, DRE #01094953

Sold By eXp Realty of California Inc., Jena Lockwood, DRE #02137221

Add your commute
LISTING UPDATED: 10/06/2021 02:31 PM

Property Details for 289 North 11th Street

StatusSold
MLS #ML81855139
Days on Compass37
Taxes$10,800 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeRESIDENTIAL INCOME / TRIPLEX
Year Built1922
Lot Size0.10 AC / 4,537 SF
CountySanta Clara County

Location

Listing Courtesy of Coldwell Banker Realty, Peter Myers, DRE #01094953

Sold By eXp Realty of California Inc., Jena Lockwood, DRE #02137221

Add your commute

Building Information for 289 North 11th Street

Stories1Residences3Year Built1922Building Size-Lot Size0.10 AC / 4,537 SF

Payment Calculator

$5,975 per month

30 year fixed, 7.25% Interest

Principal and Interest

$5,075

Property Taxes

$900

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 289 North 11th Street

Features
Features
  • Fireplace: No
  • Living SqFt: 1602
  • Pool: No
  • Security Features: None
  • Special Features: Parking
Utilities
  • Cooling: None
  • Heating: Forced Air
  • Meters: Master Water, Separate Electric, Separate Gas
  • Sewer Septic: Sewer - Public
  • Utilities: Public Utilities
  • Water: Public
Carport and Parking
  • Carport Min: 0
Garage
  • Garage and Parking: Assigned Spaces, No Garage, Uncovered Parking
Property Details
Homeowners Association
  • HOA Exists: 0
  • HOA Fee: $0
Property Details
  • Area Text: Central San Jose
  • Roof: Composition
  • Subclass: Triplex
  • Year Built Source: Assessor
  • Street Number: 289
  • Street Name: 11th
  • Street Direction Prefix: North
  • Street Suffix: Street
  • Area ID: 9
Lot / Property Details
Building Information
  • Number Of Stories: 1
  • Number of Buildings: 2
  • Structure SqFt: 1602
  • Structure SqFt Source: Other
  • Age: 99
Development Information
  • Zoning Detail: R2
Location Information
  • Parcel Number: 467-03-034
  • County Name: Santa Clara
  • City Name: SAN JOSE
  • City Postal ID: 58
  • Postal Code: 95112
  • Elementary School District: 482
  • High School District Text: San Jose Unified
Lot Information
  • Foundation: Concrete Perimeter and Slab
  • Horse Property: No
  • Lot Acres: .10
  • 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: 3
General Information
  • Annual Tax Amount: $10,800
  • Building Unit Total: 3
  • Capitalization Rate: 2.62
  • Tenant Expenses: Utilities - Electric, Utilities - Gas
  • Income Includes: Rents
  • Vacancy Factor: 5
Income / Expense Details
  • Expense Insurance: $16,344
  • Expense Landscape: $840
  • Expense Maintenance: $2,400
  • Expense Management: $0
  • Expense Trash: $0
  • Expenses Other: $0
  • Expenses Utility: $1,740
  • Expenses Total: $32,124
  • Operating Expenses Include: Fee - Property Tax, Insurance, Maintenance, Services - Gardener, Utilities - Water, Vacancy Factor
  • Gross Rent Multiplier: 16.51
  • Income Annual Gross: $58,995
  • Income Annual Rental: $62,100
  • Income Gross Scheduled: $62,100
  • Income Other: $0
Unit 1 Information
  • Unit 1 Full Bathrooms: 1
  • Unit 1 Number of Bedrooms: 2
  • Unit 1 Rent: $1,800
Unit 2 Information
  • Unit 2 Approx Square Footage: 585
  • Unit 2 Full Bathrooms: 1
  • Unit 2 Number of Bedrooms: 2
  • Unit 2 Rent: $1,650
Unit 3 Information
  • Unit 3 Approx Square Footage: 585
  • Unit 3 Full Bathrooms: 1
  • Unit 3 Number of Bedrooms: 2
  • Unit 3 Rent: $1,725
Unit Type 1
  • Unit Type1 Approx SqFt: 432

Property History for 289 North 11th 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 289 North 11th Street

Taxable ValueLand$816,000Additions$132,600Total$948,600
Tax Record2023$14,361 ($1,197 / month)
Home Facts
Total Finished SqFt1,560 SqFtAbove Grade Finished SqFt1,560 SqFtStories1Lot Size4,508 SqFtStyleTriplexYear Built1922ZoningR2CountySANTA CLARAAPN467-03-034Fireplace TypeHas Fireplace

Schools near 289 North 11th 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
Charter - 5 to 8
Rating
School
Distance
Horace Mann Elementary School
PublicK to 5

Muwekma Ohlone Middle
Public6 to 8

San Jose High School
Public9 to 12

Ace Inspire Academy
Charter5 to 8

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, Peter Myers, DRE #01094953

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.