463 South 7th Street
463 South 7th Street
$1,660,000
—
2,584
2,584
$642
Sold 8/26/21
Description
Excellent Value Add opportunity! Bring your contractor and toolbelt. Two properties offered in one sale: a Fourplex (463 S. 7th St.) and a Duplex (469 S. 7th St.) Side by side parcels. The fourplex was constructed in 1954 and consists of stucco over wood frame on a concrete perimeter foundation. The structure is 2,584 SF on a 6,348 SF lot, according to county records. The four one bedroom, one bath units are approximately 645 SF in size. The four units are virtually identical in size and floorplan....Excellent Value Add opportunity! Bring your contractor and toolbelt. Two properties offered in one sale: a Fourplex (463 S. 7th St.) and a Duplex (469 S. 7th St.) Side by side parcels. The fourplex was constructed in 1954 and consists of stucco over wood frame on a concrete perimeter foundation. The structure is 2,584 SF on a 6,348 SF lot, according to county records. The four one bedroom, one bath units are approximately 645 SF in size. The four units are virtually identical in size and floorplan. The units are rented on a monthly basis at the following rates: $1,540, $1600, $1620 and $700. These rents are below market as the average rental rate for a one bedroom in this area is approximately $1800/month. The fourplex has deferred maintenance and is in need of repairs. Must be sold with duplex at 469 S. 7th St. Marketing package available.
- Listed by Michael Shields • DRE #01327546 • SiliconValley MultiFamilyGroup • 408-356-1900
Property Details for 463 South 7th Street
MLS City Name
SAN JOSE
Building TypeFOURPLEX
Garage Spaces0
Parking Spaces6
Cross StreetWilliams
Location
LISTING UPDATED: 08/26/2021 10:31 AM
Property Details for 463 South 7th Street
Status | Sold |
---|---|
MLS # | ML81855007 |
Days on Compass | 12 |
Taxes | $23,450 / year |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Multi Family |
MLS Type | RESIDENTIAL INCOME / Fourplex |
Year Built | 1954 |
Lot Size | 0.15 AC / 6,404 SF |
County | Santa Clara County |
Location
Building Information for 463 South 7th Street
Stories2Residences4Year Built1954Building Size-Lot Size0.15 AC / 6,404 SF
Payment Calculator
$11,013 per month
The Payment Calculator is for illustrative purposes only.
Property Information for 463 South 7th Street
Property History for 463 South 7th Street
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 463 South 7th Street
Taxable ValueLand$714,000Additions$249,900Total$963,900
Tax Record2023$16,866 ($1,405 / month)
Home Facts
Total Finished SqFt2,584 SqFtAbove Grade Finished SqFt2,584 SqFtStories2Lot Size6,348 SqFtStyleQuadraplexYear Built1954ZoningRMCountySANTA CLARAAPN467-48-032Fireplace TypeHas Fireplace
Schools near 463 South 7th 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 - | 9 to 12 |
Rating | School | Distance |
---|---|---|
Lowell Elementary School PublicK to 5 | ||
Herbert Hoover Middle School Public6 to 8 | ||
Abraham Lincoln High School Public9 to 12 | ||
Downtown College Preparatory School 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.
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