610 Drake Street

San Jose, CA 95125

$1,250,000
Price
7
Beds
2
Baths
1,908 Sq. Ft.
$655 / Sq. Ft.
1,908
Sq. Ft.
$655
per Sq. Ft.

Description

The property at 610 Drake Street in San Jose is a multifaceted real estate gem. This multi-family residence, built in 1951, sits on a 6,456sqft lot and offers a total living space of 1,908sqft. It comprises two units: 610 Drake with three bedrooms one bath rent for 3000/month and 612 Drake with four bedrooms one bath for 3475/month, providing ample space for tenants. The property features laminate and tile flooring, and updated bathrooms. With a large driveway and large backyard for parking area,...The property at 610 Drake Street in San Jose is a multifaceted real estate gem. This multi-family residence, built in 1951, sits on a 6,456sqft lot and offers a total living space of 1,908sqft. It comprises two units: 610 Drake with three bedrooms one bath rent for 3000/month and 612 Drake with four bedrooms one bath for 3475/month, providing ample space for tenants. The property features laminate and tile flooring, and updated bathrooms. With a large driveway and large backyard for parking area, it caters to the needs of residents with multiple vehicles. The location in the Willow Glen neighborhood is highly desirable, known for its charming community feel and proximity to local amenities. The property represents a valuable investment in a sought-after area of San Jose. The property boasts low vacancies, ensuring consistent rental income. With its strategic proximity to schools, parks, shopping centers, and major freeways (101/280/680). Don’t miss out on this chance to make your sweat equity work for you! Buyers to verify sqft with city.
  1. Listed by Victoria Tran • DRE #01422819 • Brokerage DRE #01984638 • Professional R.E. Center, Inc. • 408-483-8184

Property Details for 610 Drake Street

Parking Spaces Total
0
Private Pool
No
Total Units
2.0
Building Type
Detached
Lot Size Source
Assessor
Living Area
1908
Assessor Parcel Number
26443068
Property Attached YN
false

Location

Listing Courtesy of Professional R.E. Center, Inc., Victoria Tran, DRE #01422819
Add your commute
LISTING UPDATED: 05/08/2024 11:45 PM

Property Details for 610 Drake Street

StatusActive
MLS #OC24067025
Days on Compass11
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1951
Lot Size0.14 AC / 6,098 SF
CountySanta Clara County

Location

Listing Courtesy of Professional R.E. Center, Inc., Victoria Tran, DRE #01422819
Add your commute

Building Information for 610 Drake Street

Stories1Residences-Year Built1951Building Size-Lot Size0.14 AC / 6,098 SF

Payment Calculator

$6,822 per month

30 year fixed, 7.25% Interest

Principal and Interest

$6,822

Property Taxes

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 610 Drake Street

Rental Info
Rental Info
  • Tenant Pays: Electricity, Gas
Income / Expense / Tax Details
Income Details
  • Gross Income: $77,700
  • Gross Scheduled Income: $77,700
  • Gross Operating Income: $77,700
  • Net Operating Income: $65,539
Expense Details
  • Operating Expense: $12,161
  • New Taxes Expense: $10,285
  • Insurance Expense: $985
  • Trash Expense: $2,400
  • Water Sewer Expense: $1,876
  • Total Expenses: $62,154
Tax / Assessment Info
  • Tax Census Tract: 5018.00
  • CFD/Mello-Roos Fee: $2,936
  • Tax Lot: 51
Community / Development
Community / Development
  • Community Features: Curbs, Sidewalks
Property / Structure Info
Interior Features
  • Laundry: Yes
  • Laundry Features: Gas & Electric Dryer Hookup
  • Heating Type: None
  • Heating: None
  • Heat Equipment: N/K
Exterior Features
  • Entry Location: from drake street onto the driveway
  • Pool Features: None
  • Pool Description: None
  • Pool: N/K
Land/Lot Info
  • Lot Features: 0-1 Unit/Acre
  • Number Of Units: 2
  • Land Lease: No
  • Land Lease Type: Fee
  • Levels: One
  • Water: Public
  • Sewer: Public Sewer
  • Water Source: Public
Parking Info
  • Garage Spaces: 0
  • Parking Garage Spaces: 0
  • Carport Spaces: 0
Unit Information
Unit 1
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 3
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $3,000
  • Unit Type Total Rent: $3,000
  • Unit Type Pro Forma: 3500
  • Unit Type Type: 1
Unit 2
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 4
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $3,475
  • Unit Type Total Rent: $3,475
  • Unit Type Pro Forma: 3800
  • Unit Type Type: 2
Unit Information
  • Rent Controlled: Yes
  • Number Of Buildings: 1
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1

Property History for 610 Drake Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Public Records for 610 Drake Street

Taxable ValueLand$893,501Additions$189,211Total$1,082,712
Home Facts
Total Finished SqFt1,908 SqFtAbove Grade Finished SqFt1,908 SqFtStories1Lot Size6,468 SqFtStyleDuplexYear Built1951Year Renovated1955ZoningR2CountySANTA CLARAAPN264-43-068Fireplace TypeHas Fireplace

Schools near 610 Drake 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
Public - K to 8
Rating
School
Distance
Gardner Elementary School
PublicK to 5

Herbert Hoover Middle School
Public6 to 8

Abraham Lincoln High School
Public9 to 12

River Glen School
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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610 Drake Street is a multi-family home for sale in San Jose, CA 95125. This property was listed for sale on May 1, 2024 by Professional R.E. Center, Inc., it's currently listed at $1,250,000. It has been on the market for a total of 11 days and was last sold on June 5, 2020. This listing's school district is San Jose Unified School District. Nearby schools include Gardner Elementary School, Herbert Hoover Middle School and Abraham Lincoln High School. 610 Drake Street is a 7-bed, 2-bath, 1,908 sqft multi-family home built in 1951.

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 Professional R.E. Center, Inc., Victoria Tran, DRE #01422819

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.