2956 Driftwood Drive

San Jose, CA 95008

$1,520,000
Last Sold Price
Beds
2,242 Sq. Ft.
$678 / Sq. Ft.
2,242
Sq. Ft.
$678
per Sq. Ft.

Description

Amazing investment opportunity! Updated duplex tucked away in a quiet section of San Jose at the Campbell border, conveniently close to Highway 17 and San Tomas Expwy, downtown, restaurants and great shopping, just minutes from Santana Row and Valley Fair. 4bds/2ba on one side and 2bds/1.5ba on the other, with detached 2-car garage and more parking options on its spacious driveway! Both units have wood burning fireplace located in a sunken living room, new flooring, updated kitchens with new stone...Amazing investment opportunity! Updated duplex tucked away in a quiet section of San Jose at the Campbell border, conveniently close to Highway 17 and San Tomas Expwy, downtown, restaurants and great shopping, just minutes from Santana Row and Valley Fair. 4bds/2ba on one side and 2bds/1.5ba on the other, with detached 2-car garage and more parking options on its spacious driveway! Both units have wood burning fireplace located in a sunken living room, new flooring, updated kitchens with new stone countertop/breakfast bar, skylights, dual pane windows, washer/dryer in each unit, some updated bathroom features, extra shelving in both garages, and easy access to their own roomy backyards. Roof replaced in 2008. Both tenants already paying current market rents! Seller and Broker make no representation regarding legality of the additional bedrooms nor bath conversion in unit 2954. Square footage on each side is approximate. Buyers to investigate.

Listing Agent

  1. Nicki Banucci

    Nicki Banucci

    Listing Agent

    Compass

    DRE #01405054

Property Details for 2956 Driftwood Drive

MLS City Name
SAN JOSE
Building Type
DUPLEX
Garage Spaces
2
Parking Spaces
5
Cross Street
Teakwood Drive

Location

Listing Courtesy of Compass, Nicki Banucci, DRE #01405054; MICHAEL YOUNG COMPANY, MICHAEL YOUNG, DRE #00932309

Sold By Next Realty, Weiwei Kuang, DRE #01932306

Add your commute
LISTING UPDATED: 05/14/2021 04:11 PM

Property Details for 2956 Driftwood Drive

StatusSold
MLS #ML81837004
Days on Compass6
Taxes$6,189 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeRESIDENTIAL INCOME / DUPLEX
Year Built1965
Lot Size0.18 AC / 7,671 SF
CountySanta Clara County

Location

Listing Courtesy of Compass, Nicki Banucci, DRE #01405054; MICHAEL YOUNG COMPANY, MICHAEL YOUNG, DRE #00932309

Sold By Next Realty, Weiwei Kuang, DRE #01932306

Add your commute

Building Information for 2956 Driftwood Drive

Stories1Residences2Year Built1965Building Size-Lot Size0.18 AC / 7,671 SF

Payment Calculator

$8,811 per month

30 year fixed, 7.25% Interest

Principal and Interest

$8,295

Property Taxes

$516

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 2956 Driftwood Drive

Features
Room Information
  • Kitchen: Cooktop - Electric, Countertop - Stone, Dishwasher, Microwave, Oven - Electric, Refrigerator, Varies by Unit
Features
  • Amenities: Skylight
  • Energy Features: Double Pane Windows, Skylight
  • Fireplace: No
  • Flooring: Carpet, Laminate, Tile, Vinyl / Linoleum
  • Laundry: Washer / Dryer
  • Living SqFt: 2242
  • Pool: No
  • Security Features: None
  • Special Features: None
Utilities
  • Cooling: Ceiling Fan, Window / Wall Unit
  • Heating: Central Forced Air, Fireplace
  • Meters: Separate Electric
  • Sewer Septic: Sewer - Public
  • Utilities: Individual Electric Meters, Public Utilities
  • Water: Public
Carport and Parking
  • Carport Min: 0
Garage
  • Garage and Parking: Detached Garage, On Street, Tandem Parking
Property Details
Homeowners Association
  • HOA Exists: 0
  • HOA Fee: $0
Property Details
  • Exterior: Dual Pane Windows
  • Area Text: Campbell
  • Roof: Composition
  • Subclass: Duplex
  • Year Built Source: Assessor
  • Street Number: 2956
  • Street Name: Driftwood
  • Street Suffix: Drive
  • Area ID: 15
Lot / Property Details
Building Information
  • Number Of Stories: 1
  • Number of Buildings: 1
  • Structure SqFt: 2242
  • Structure SqFt Source: Assessor
  • Age: 56
Development Information
  • Ownership Type: Trust
  • Zoning Detail: RM
Location Information
  • City Limits: Yes
  • Directions: From Winchester, turn down Driftwood and it's at the end.
  • Parcel Number: 279-26-026
  • County Name: Santa Clara
  • City Name: SAN JOSE
  • City Postal ID: 58
  • Postal Code: 95128
  • Elementary School District: 454
  • High School District Text: Campbell Union High
Lot Information
  • Foundation: Concrete Perimeter, Crawl Space
  • Horse Property: No
  • Lot Acres: .18
  • Lot Size Area Maximum Units: Square Feet
  • Lot Size Area Minimum Units: Square Feet
  • Lot Size Source: Assessor
  • Yard Grounds: Back Yard, Drought Tolerant Plants, Fenced
Mobile / Manufactured Information
Other Information
  • Dual Variable: No
Multi Family Information
Building Information
  • No Of Leased: 2
General Information
  • Annual Tax Amount: $6,189
  • Building Unit Total: 2
  • Capitalization Rate: 4.76
  • Tenant Expenses: Utilities - Electric, Utilities - Gas, Utilities - Heating, Utilities - Water
  • Income Includes: Rents
  • Vacancy Factor: 5
Income / Expense Details
  • Expense Insurance: $4,200
  • Expense Landscape: $0
  • Expense Maintenance: $3,600
  • Expense Management: $0
  • Expense Trash: $0
  • Expenses Other: $0
  • Expenses Utility: $0
  • Expenses Total: $13,989
  • Operating Expenses Include: Insurance, Maintenance
  • Gross Rent Multiplier: 16.15
  • Income Annual Gross: $73,530
  • Income Annual Rental: $77,400
  • Income Gross Scheduled: $77,400
  • Income Other: $0
Unit 1 Information
  • Unit 1 Full Bathrooms: 2
  • Unit 1 Number of Bedrooms: 4
  • Unit 1 Rent: $3,500
Unit 2 Information
  • Unit 2 Approx Square Footage: 1120
  • Unit 2 Full Bathrooms: 1
  • Unit 2 Half Bathrooms: 1
  • Unit 2 Number of Bedrooms: 2
  • Unit 2 Rent: $2,950
Unit Type 1
  • Unit Type1 Approx SqFt: 1300

Property History for 2956 Driftwood Drive

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Public Records for 2956 Driftwood Drive

Taxable ValueLand$1,186,056Additions$486,612Total$1,672,668
Home Facts
Total Finished SqFt2,242 SqFtAbove Grade Finished SqFt2,242 SqFtStories1Lot Size7,920 SqFtStyleDuplexYear Built1965ZoningRMCountySANTA CLARAAPN279-26-026Fireplace TypeHas Fireplace

Schools near 2956 Driftwood Drive

This home is within Campbell Union School District.
Rating
School
Type
Grades
Distance
Charter - K to 5
Charter - 5 to 8
Public - 9 to 12
Public - K to 8
Rating
School
Distance
Castlemont Elementary School
CharterK to 5

Monroe Middle School
Charter5 to 8

Del Mar High School
Public9 to 12

Campbell Distance Learning
PublicK 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 Compass, Nicki Banucci, DRE #01405054; MICHAEL YOUNG COMPANY, MICHAEL YOUNG, DRE #00932309

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.