519 Northlake Drive

San Jose, CA 95117

$1,788,000
Price
Beds
3,129 Sq. Ft.
$571 / Sq. Ft.
3,129
Sq. Ft.
$571
per Sq. Ft.

Description

$100k price drop! Won't last long at this new price. 4 Units all with 2 bedrooms, 1 bath! Lots of remodeling and rent increases since the seller took ownership. Well maintained 4 plex with brick/stucco/wood exterior. Balcony or patio access on all units for additional fresh air. Newer paint, baseboards, updated sink vanity in some units. Excellent rents with room to increase. Laminate flooring, newer carpet, 4 carport parking spaces with 2 additional assigned spaces. Newer kitchen in some units....

Property Details for 519 Northlake Drive

MLS City Name
SAN JOSE
Building Type
FOURPLEX
Garage Spaces
0
Parking Spaces
2

Property Details for 519 Northlake Drive

StatusActive
MLS #ML81799901
Days on Market143
Taxes$22,177 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS Type2-4 Units / Fourplex
Year Built1960
Lot Size0.15 AC / 6,547 SF
CountySanta Clara County

Listing Agent

William C Tran

Elite Realty Services

will@eliterm.com

P: 408.506.1746

M: (408) 506-1746

DRE #01510440

Contact Agent(s)

Location

Listing Courtesy of Elite Realty Services, William C Tran, DRE #01510440

Building Information for 519 Northlake Drive

Stories2Residences4Year Built1960Building Size-Lot Size0.15 AC / 6,547 SF

Payment Calculator

$7,840 per month

30 year fixed, 2.95% Interest

Principal and Interest

$5,992

Property Taxes

$1,848

HOA Dues

$0

Similar Homes

Property Information for 519 Northlake Drive

Features
    Features
  • Flooring: Carpet, Laminate
  • Laundry: Coin Operated
  • Living SqFt: 3129
  • Pool: No
  • Security Features: None
  • Special Features: Bathroom Features, Kitchen Features, Parking
    Utilities
  • Cooling: None
  • Heating: Wall Furnace
  • Meters: Separate Gas, Separate Water
  • Sewer Septic: Sewer - Public
  • Utilities: Individual Electric Meters, Individual Gas Meters, Public Utilities
  • Water: Public
    Carport and Parking
  • Carport Min: 4
    Garage
  • Garage Parking Features: Assigned Spaces, Carport , Covered Parking, Off-Street Parking
Property Details
    Homeowners Association
  • HOA Exists: 0
    Property Details
  • Area Text: Campbell
  • Roof: Composition
  • Subclass: Fourplex
  • Year Built Source: Assessor
  • Street Number: 519
  • Street Name: Northlake
  • Street Suffix: Drive
  • Area ID: 15
Lot / Property Details
    Building Information
  • Number Of Stories: 2
  • Number of Buildings: 1
  • Structure SqFt: 3129
  • Structure SqFt Source: Assessor
  • Age: 60
    Development Information
  • Zoning Detail: RM
    Location Information
  • Parcel Number: 303-27-057
  • County Name: Santa Clara
  • City Name: SAN JOSE
  • City Postal ID: 58
  • Postal Code: 95117
  • Elementary School District: 454
  • High School District Text: Campbell Union High
    Lot Information
  • Foundation: Concrete Perimeter and Slab
  • Horse Property: No
  • Lot Acres: .15
  • Lot Size Area Maximum Units: Square Feet
  • Lot Size Area Minimum Units: Square Feet
  • Lot Size Source: Assessor
Multi Family Information
    Building Information
  • No Of Leased: 4
    General Information
  • Annual Tax Amount: $22,177
  • Building Unit Total: 4
  • Capitalization Rate: 3.32
  • Tenant Expenses: Rent Only, Services - Sewer, Services - Trash Removal, Utilities - Electric, Utilities - Gas, Utilities - Heating, Utilities - Hot Water, Utilities - Water
  • Income Includes: Rents
  • Vacancy Factor: 0
    Income / Expense Details
  • Expense Insurance: $1,744
  • Expense Landscape: $0
  • Expense Maintenance: $3,800
  • Expense Management: $4,689
  • Expense Trash: $1,884
  • Expenses Other: $0
  • Expenses Utility: $1,800
  • Expenses Total: $36,094
  • Operating Expenses Include: Accounting/Legal, Fee - Property Management, Fee - Property Tax, Insurance, Maintenance, Maintenance - Capital Improvements, Maintenance - Repair, Review with Offer, Vacancy Factor
  • Gross Rent Multiplier: 18.75
  • Income Annual Gross: $95,382
  • Income Annual Rental: $95,382
  • Income Gross Scheduled: $95,382
  • Income Other: $0
    Unit 1 Information
  • Unit 1 Full Bathrooms: 1
  • Unit 1 Number of Bedrooms: 2
  • Unit 1 Rent: $2,000
    Unit 2 Information
  • Unit 2 Approx Square Footage: 785
  • Unit 2 Full Bathrooms: 1
  • Unit 2 Number of Bedrooms: 2
  • Unit 2 Rent: $2,000
    Unit 3 Information
  • Unit 3 Approx Square Footage: 785
  • Unit 3 Full Bathrooms: 1
  • Unit 3 Number of Bedrooms: 2
  • Unit 3 Rent: $2,000
    Unit 4 Information
  • Unit 4 Approx Square Footage: 780
  • Unit 4 Full Bathrooms: 1
  • Unit 4 Number of Bedrooms: 2
  • Unit 4 Rent: $2,000
    Unit Type 1
  • Unit Type1 Approx SqFt: 785

Property History for 519 Northlake Dr

DateEvent & SourcePriceAppreciation
Nov 7, 2020

Price Change

EBRD #ML81799901

$1,788,000
Nov 7, 2020

Price Change

MLSListings #ML81799901

$1,788,000
Jul 7, 2020

Listed (Active)

MLSListings #ML81799901

$1,888,000
DateEvent & SourcePrice
11/07/2020

Price Change

EBRD #ML81799901

$1,788,000
11/07/2020

Price Change

MLSListings #ML81799901

$1,788,000
07/07/2020

Listed (Active)

MLSListings #ML81799901

$1,888,000

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

Public Records for 519 Northlake Drive

Taxable ValueLand$1,290,096Additions$405,756Total$1,695,852
Tax Record2020$22,402 ($1,867 / month)
Home Facts
Total Finished SqFt3,129 SqFtAbove Grade Finished SqFt3,129 SqFtStories2Lot Size6,540 SqFtStyleMulti-Family Res (5+ Units)Year Built1960Year Renovated1960ZoningRMCountySANTA CLARAAPN30327057

Schools near 519 Northlake Drive


SchoolTypeGradesDistanceRating
The Harker SchoolPrivateK-120.1 mi
NR
The Harker School | Middle SchoolPrivate6-80.4 mi
NR
West Valley Middle SchoolPrivate5-80.4 mi
NR
Boynton High SchoolPublic9-120.6 mi
2

The Harker School

K-12, 0.1 mi, Private

NR

The Harker School | Middle School

6-8, 0.4 mi, Private

NR

West Valley Middle School

5-8, 0.4 mi, Private

NR

Boynton High School

9-12, 0.6 mi, Public

2

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 Sold Homes

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

519 Northlake Drive is a multi-family home for sale in San Jose, CA 95117. This property was listed for sale on July 7, 2020 by Elite Realty Services at $1,788,000. It has been on the market for a total of 144 days and was last sold on July 7, 2017. This listing's school districts are Campbell Union School District, Campbell Union High School District. Nearby schools include Lynhaven Elementary School, Boynton High School and Del Mar High School. 519 Northlake Drive is a 0-bed, 0-bath, 3,129 sqft multi-family home built in 1960. This address can also be written as 519 Northlake Dr.

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. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Elite Realty Services, William C Tran, DRE #01510440

Based on information from the San Francisco Association of Realtors as of 07/07/2020 12:00 AM, the MLSListings MLS as of 07/07/2020 12:00 AM, or the BAREIS MLS as of 07/07/2020 12:00 AM. MLS data is deemed reliable but is not guaranteed accurate by the MLS. Information is provided for consumers’ personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. Information being provided is for consumers’ personal, non-commercial use and may not be used for any purposes other than to identify prospective properties consumers may be interested in purchasing. Data last updated on 11/09/2020 12:14 PM