324 South Buena Vista Avenue

San Jose, CA 95126

$4,035,000
Last Sold Price
Beds
6,700 Sq. Ft.
$602 / Sq. Ft.
6,700
Sq. Ft.
$602
per Sq. Ft.

Description

Fantastic opportunity to own ten houses on one lot! Darling cul-de-sac. Extremely low expenses due to the tenants pay gas and electric $450,000 per house! Close to santan row, midtown, one mile from google village and 5 miles form apple. This is a 27,384 square foot lot that has potential to develope four story. Border of san carlos urban village plan..Fantastic opportunity to own ten houses on one lot! Darling cul-de-sac. Extremely low expenses due to the tenants pay gas and electric $450,000 per house! Close to santan row, midtown, one mile from google village and 5 miles form apple. This is a 27,384 square foot lot that has potential to develope four story. Border of san carlos urban village plan..
  1. Listed by Terry McElroy • DRE #00495447 • Brokerage DRE #00495447 • Mc Elroy Properties & Inv. • 408-966-9661

Property Details for 324 South Buena Vista Avenue

MLS City Name
SAN JOSE
Building Type
Other
Garage Spaces
2
Parking Spaces
10
Cross Street
SAN CARLOS AND S

Location

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

Sold By Presidential Real Estate, John Adams, DRE #01512831

Add your commute
LISTING UPDATED: 09/01/2022 12:23 PM

Property Details for 324 South Buena Vista Avenue

StatusSold
MLS #ML81880905
Days on Compass53
Taxes$51,250 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS Type5+ Units / Five or More Units
Year Built1911
Lot Size0.62 AC / 27,000 SF
CountySanta Clara County

Location

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

Sold By Presidential Real Estate, John Adams, DRE #01512831

Add your commute

Building Information for 324 South Buena Vista Avenue

Stories-Residences-Year Built1911Building Size-Lot Size0.62 AC / 27,000 SF

Payment Calculator

$26,291 per month

30 year fixed, 7.25% Interest

Principal and Interest

$22,021

Property Taxes

$4,271

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 324 South Buena Vista Avenue

Features
Features
  • Fireplace: No
  • Living SqFt: 6700
  • Pool: No
  • Security Features: None
  • Special Features: None
Utilities
  • Cooling: None
  • Heating: Gas, Space Heater
  • Meters: Separate Electric, Separate Gas
  • Sewer Septic: Sewer - Public, Sewer Connected
  • Utilities: Natural Gas, 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
  • Min Num Of Units in Complex: 10
  • Area Text: Central San Jose
  • Roof: Composition
  • Stories: 0.0
  • Subclass: Five or More Units
  • Year Built Source: Other
  • Street Number: 324
  • Street Name: Buena Vista
  • Street Direction Prefix: South
  • Street Suffix: Avenue
  • Area ID: 9
Lot / Property Details
Building Information
  • Number of Buildings: 10
  • Structure SqFt: 6700
  • Structure SqFt Source: Other
  • Age: 111
Development Information
  • Ownership Type: Trust
  • Zoning Detail: R3
Location Information
  • City Limits: Yes
  • Incorporated: Yes
  • Parcel Number: 277-18-014
  • 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 Block, Concrete Perimeter, Post and Beam
  • Lot Acres: .62
  • Lot Size Area Maximum Units: Square Feet
  • Lot Size Area Minimum Units: Square Feet
  • Lot Size Source: Other
Multi Family Information
General Information
  • Annual Tax Amount: $51,250
  • Capitalization Rate: 4.65
  • Tenant Expenses: Utilities - Electric, Utilities - Gas, Utilities - Heating, Utilities - Hot Water
  • Income Includes: None
  • Vacancy Factor: 2
Income / Expense Details
  • Expense Insurance: $9,850
  • Expense Landscape: $2,400
  • Expense Maintenance: $0
  • Expense Management: $0
  • Expense Trash: $3,420
  • Expenses Other: $0
  • Expenses Utility: $6,500
  • Expenses Total: $73,420
  • Operating Expenses Include: Insurance, Maintenance, Services - Gardener, Services - Trash Removal, Utilities - Water
  • Gross Rent Multiplier: 15.61
  • Income Annual Gross: $282,240
  • Income Annual Rental: $288,000
  • Income Gross Scheduled: $288,000
  • Income Other: $0
Unit 1 Information
  • Unit 1 Full Bathrooms: 1
  • Unit 1 Number of Bedrooms: 3
  • Unit 1 Rent: $3,500
Unit 2 Information
  • Unit 2 Full Bathrooms: 1
  • Unit 2 Number of Bedrooms: 2
  • Unit 2 Rent: $2,350
Unit 3 Information
  • Unit 3 Full Bathrooms: 1
  • Unit 3 Number of Bedrooms: 1
  • Unit 3 Rent: $1,750
Unit 4 Information
  • Unit 4 Rent: $0
Unit Type 1
  • Unit Type1 Units Total: 1
Unit Type 2
  • Unit Type2 Units Total: 5
Unit Type 3
  • Unit Type3 Units Total: 4
Listing Info
Rental Info
  • Lease Type: Net

Property History for 324 South Buena Vista 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 324 South Buena Vista Avenue

Taxable ValueLand$3,027,000Additions$1,008,000Total$4,035,000
Home Facts
Beds1Total Finished SqFt720 SqFtAbove Grade Finished SqFt720 SqFtStories1Lot Size27,384 SqFtStyleSingle Family ResidenceYear Built1952ZoningR3CountySANTA CLARAAPN277-18-014

Schools near 324 South Buena Vista 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

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

Similar Sold Homes

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

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

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.