2923 Durant Avenue

San Jose, CA 95111

$1,475,000
Last Sold Price
Beds
3,328 Sq. Ft.
$443 / Sq. Ft.
3,328
Sq. Ft.
$443
per Sq. Ft.

Description

"massive price reduction!" 4 plex with many long term tenants. This building has been well maintained and is in excellent condition. All units have double pane windows, copper pipes, new sub panels, refrigerators, microwave, ceiling fans and the roof was sealed in 2019. This building shares a playground with the adjacent building which is also available . NOTE- Current buyer may be cancelling the contract- we are seeking back up offers- call to discuss."massive price reduction!" 4 plex with many long term tenants. This building has been well maintained and is in excellent condition. All units have double pane windows, copper pipes, new sub panels, refrigerators, microwave, ceiling fans and the roof was sealed in 2019. This building shares a playground with the adjacent building which is also available . NOTE- Current buyer may be cancelling the contract- we are seeking back up offers- call to discuss.
  1. Listed by Lee Schmidt • DRE #01363336 • Realty World- South County • 408-206-7702

Property Details for 2923 Durant Avenue

MLS City Name
SAN JOSE
Building Type
FOURPLEX
Garage Spaces
0
Parking Spaces
5

Location

Add your commute
LISTING UPDATED: 01/22/2021 05:26 PM

Property Details for 2923 Durant Avenue

StatusSold
MLS #ML81797403
Days on Compass168
Taxes$5,946 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeRESIDENTIAL INCOME / Fourplex
Year Built1962
Lot Size0.17 AC / 7,549 SF
CountySanta Clara County

Location

Add your commute

Building Information for 2923 Durant Avenue

Stories2Residences4Year Built1962Building Size-Lot Size0.17 AC / 7,549 SF

Payment Calculator

$8,545 per month

30 year fixed, 7.25% Interest

Principal and Interest

$8,050

Property Taxes

$496

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 2923 Durant Avenue

Features
Room Information
  • Kitchen: Cooktop - Electric, Countertop - Formica, Exhaust Fan, Microwave, Oven Range - Electric, Refrigerator
Features
  • Fireplace: No
  • Flooring: Carpet, Tile
  • Laundry: Coin Operated
  • Living SqFt: 3328
  • Pool: No
  • Security Features: Closed Circuit Monitoring (24-hour)
  • Special Features: None
Utilities
  • Cooling: Window / Wall Unit
  • Heating: Wall Furnace
  • Meters: Separate Common Area
  • Sewer Septic: Sewer - Public
  • Utilities: Individual Electric Meters, Individual Gas Meters
  • Water: Public
Carport and Parking
  • Carport Min: 3
Garage
  • Garage and Parking: Common Parking Area
Property Details
Homeowners Association
  • HOA Exists: 0
  • HOA Fee: $0
Property Details
  • Area Text: South San Jose
  • Roof: Rolled Composition
  • Subclass: Fourplex
  • Year Built Source: Assessor
  • Street Number: 2923
  • Street Name: Durant
  • Street Suffix: Avenue
  • Area ID: 11
Lot / Property Details
Building Information
  • Number Of Stories: 2
  • Number of Buildings: 1
  • Structure SqFt: 3328
  • Structure SqFt Source: Assessor
  • Age: 58
Development Information
  • Ownership Type: Trust
  • Zoning Detail: R3H
Location Information
  • City Limits: Yes
  • Incorporated: Yes
  • Parcel Number: 497-25-002
  • County Name: Santa Clara
  • City Name: SAN JOSE
  • City Postal ID: 58
  • Postal Code: 95111
  • Elementary School District: 457
  • High School District Text: East Side Union High
Lot Information
  • Foundation: Concrete Perimeter and Slab
  • Horse Property: No
  • Lot Acres: .17
  • 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
Building Information
  • No Of Leased: 4
General Information
  • Annual Tax Amount: $5,946
  • Building Unit Total: 4
  • Capitalization Rate: 4.84
  • Tenant Expenses: Utilities - Electric, Utilities - Gas
  • Income Includes: Laundry, Rents
  • Vacancy Factor: 0
Income / Expense Details
  • Expense Insurance: $1,609
  • Expense Landscape: $1,680
  • Expense Maintenance: $3,000
  • Expense Management: $0
  • Expense Trash: $1,920
  • Expenses Other: $570
  • Expenses Utility: $6,996
  • Expenses Total: $21,721
  • Operating Expenses Include: Insurance, Maintenance - Repair, Services - Trash Removal
  • Gross Rent Multiplier: 16.01
  • Income Annual Gross: $96,804
  • Income Annual Rental: $95,004
  • Income Gross Scheduled: $96,804
  • Income Other: $1,800
Unit 1 Information
  • Unit 1 Full Bathrooms: 1
  • Unit 1 Number of Bedrooms: 2
  • Unit 1 Rent: $1,885
Unit 2 Information
  • Unit 2 Approx Square Footage: 824
  • Unit 2 Full Bathrooms: 1
  • Unit 2 Number of Bedrooms: 2
  • Unit 2 Rent: $2,095
Unit 3 Information
  • Unit 3 Approx Square Footage: 824
  • Unit 3 Full Bathrooms: 1
  • Unit 3 Number of Bedrooms: 2
  • Unit 3 Rent: $1,979
Unit 4 Information
  • Unit 4 Approx Square Footage: 824
  • Unit 4 Full Bathrooms: 1
  • Unit 4 Number of Bedrooms: 2
  • Unit 4 Rent: $1,958
Unit Type 1
  • Unit Type1 Approx SqFt: 824

Property History for 2923 Durant 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 2923 Durant Avenue

Taxable ValueLand$1,040,400Additions$494,190Total$1,534,590
Tax Record2023$21,786 ($1,816 / month)
Home Facts
Total Finished SqFt3,328 SqFtAbove Grade Finished SqFt3,328 SqFtStories2Lot Size7,500 SqFtStyleQuadraplexYear Built1962ZoningR3HCountySANTA CLARAAPN497-25-002Fireplace TypeHas Fireplace

Schools near 2923 Durant Avenue

This home is within Franklin-Mckinley Elementary School District.
Rating
School
Type
Grades
Distance
Public - K to 6
Public - 7 to 8
Public - 9 to 12
Charter - 9 to 12
Rating
School
Distance
Captain Jason M. Dahl Elementary School
PublicK to 6

Sylvandale Middle School
Public7 to 8

Andrew P. Hill High School
Public9 to 12

B. Roberto Cruz Leadership Academy
Charter9 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 Realty World- South County, Lee Schmidt, DRE #01363336

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.