3295 Locke Drive

San Jose, CA 95111

$1,300,000
Last Sold Price
Beds
2,368 Sq. Ft.
$549 / Sq. Ft.
2,368
Sq. Ft.
$549
per Sq. Ft.

Description

This is a duplex located in Central San Jose. Two 3 beds/2 baths unit. Big front and back lot. This is rental property, unit # 3299 remodel in year 2016 with new flooring, kitchen, bathroom. Current rent under Section 8. Very close to freeway 101,280,680 ,87 . Convenient location to park, schools and shopping. New Business Costco and Target just went in, more new stores and restaurants being built nearby. Precious opportunity for primary and investors. It has very good investment return .This is a duplex located in Central San Jose. Two 3 beds/2 baths unit. Big front and back lot. This is rental property, unit # 3299 remodel in year 2016 with new flooring, kitchen, bathroom. Current rent under Section 8. Very close to freeway 101,280,680 ,87 . Convenient location to park, schools and shopping. New Business Costco and Target just went in, more new stores and restaurants being built nearby. Precious opportunity for primary and investors. It has very good investment return .
  1. Listed by Nam Ky • DRE #01113050 • Selective Realty Inc

Property Details for 3295 Locke Drive

MLS City Name
SAN JOSE
Building Type
DUPLEX
Garage Spaces
2
Parking Spaces
2
View
City
Cross Street
Singleton Rd

Location

Listing Courtesy of Selective Realty Inc, Nam Ky, DRE #01113050

Sold By CENTURY 21 Real Estate Alliance, Tony Dinh, DRE #00949765

Add your commute
LISTING UPDATED: 03/16/2021 09:04 PM

Property Details for 3295 Locke Drive

StatusSold
MLS #ML81825112
Days on Compass47
Taxes$12,680 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeRESIDENTIAL INCOME / DUPLEX
Year Built1970
Lot Size0.17 AC / 7,231 SF
CountySanta Clara County

Location

Listing Courtesy of Selective Realty Inc, Nam Ky, DRE #01113050

Sold By CENTURY 21 Real Estate Alliance, Tony Dinh, DRE #00949765

Add your commute

Building Information for 3295 Locke Drive

Stories1Residences2Year Built1970Building Size-Lot Size0.17 AC / 7,231 SF

Payment Calculator

$8,151 per month

30 year fixed, 7.25% Interest

Principal and Interest

$7,095

Property Taxes

$1,057

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 3295 Locke Drive

Features
Room Information
  • Additional Rooms: Laundry Room
  • Kitchen: Oven - Gas
Features
  • Amenities: None
  • Communications: None
  • Fireplace: No
  • Flooring: Vinyl / Linoleum
  • Laundry: Washer / Dryer
  • Living SqFt: 2368
  • Pool: No
  • Security Features: None
  • Special Features: Other
Utilities
  • Cooling: None
  • Heating: Wall Furnace
  • Meters: Separate Electric, Separate Water
  • Sewer Septic: Sewer Connected
  • Utilities: Individual Electric Meters, Individual Gas Meters, Public Utilities
  • Water: Water On Site
Carport and Parking
  • Carport Min: 0
Property Details
Homeowners Association
  • HOA Exists: 0
Property Details
  • Area Text: South San Jose
  • Roof: Composition
  • Subclass: Duplex
  • Year Built Source: Assessor
  • Street Number: 3295
  • Street Name: Locke
  • Street Suffix: Drive
  • Area ID: 11
Lot / Property Details
Building Information
  • Number Of Stories: 1
  • Number of Buildings: 2
  • Structure SqFt: 2368
  • Structure SqFt Source: Assessor
  • Age: 51
Development Information
  • Construction Type: Wood Frame
  • Ownership Type: Individual
  • Zoning Detail: R3H
Location Information
  • Parcel Number: 494-40-033
  • 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 Description: Grade - Level
  • 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: 1
General Information
  • Annual Tax Amount: $12,680
  • Building Unit Total: 2
  • Capitalization Rate: 5.12
  • Tenant Expenses: Rent Only, Utilities - Electric, Utilities - Gas, Utilities - Heating, Utilities - Hot Water, Utilities - Water
  • Income Includes: Rents
  • Vacancy Factor: 0
Income / Expense Details
  • Expense Insurance: $700
  • Expense Landscape: $0
  • Expense Maintenance: $0
  • Expense Management: $0
  • Expense Trash: $0
  • Expenses Other: $0
  • Expenses Utility: $0
  • Expenses Total: $13,380
  • Operating Expenses Include: Fee - Property Tax, Insurance, Loan - Principle & Interest
  • Gross Rent Multiplier: 16.25
  • Income Annual Gross: $80,000
  • Income Annual Rental: $80,000
  • Income Gross Scheduled: $80,000
  • Income Other: $0
Unit 1 Information
  • Unit 1 Full Bathrooms: 2
  • Unit 1 Number of Bedrooms: 3
  • Unit 1 Rent: $3,590
Unit 2 Information
  • Unit 2 Approx Square Footage: 1184
  • Unit 2 Full Bathrooms: 2
  • Unit 2 Number of Bedrooms: 3
  • Unit 2 Rent: $3,900
Unit Type 1
  • Unit Type1 Approx SqFt: 1184

Property History for 3295 Locke 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 3295 Locke Drive

Taxable ValueLand$988,380Additions$364,140Total$1,352,520
Home Facts
Total Finished SqFt2,368 SqFtAbove Grade Finished SqFt2,368 SqFtStories1Lot Size7,200 SqFtStyleDuplexYear Built1970ZoningR3HCountySANTA CLARAAPN494-40-033Fireplace TypeHas Fireplace

Schools near 3295 Locke Drive

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 - K to 12
Rating
School
Distance
Ramblewood Elementary School
PublicK to 6

Sylvandale Middle School
Public7 to 8

Andrew P. Hill High School
Public9 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 Selective Realty Inc, Nam Ky, DRE #01113050

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.