826 Farm Drive

San Jose, CA 95136

$1,462,500
Last Sold Price
Beds
3,014 Sq. Ft.
$485 / Sq. Ft.
3,014
Sq. Ft.
$485
per Sq. Ft.

Description

Rare investment opportunity located in the heart of Silicon Valley. Two units have been recently remodeled with new paint, wide plank flooring & new baseboards plus kitchen upgrades. Solid income generator four-plex centrally located near South Willow Glen, Almaden Valley and Down Town San Jose. Near major shopping mall (Westfield/Oakridge), groceries, restaurants stores and parks. Easy access to highway 85/87 and light rail (Capitol Station). All units have double pane windows and regularly maintained....Rare investment opportunity located in the heart of Silicon Valley. Two units have been recently remodeled with new paint, wide plank flooring & new baseboards plus kitchen upgrades. Solid income generator four-plex centrally located near South Willow Glen, Almaden Valley and Down Town San Jose. Near major shopping mall (Westfield/Oakridge), groceries, restaurants stores and parks. Easy access to highway 85/87 and light rail (Capitol Station). All units have double pane windows and regularly maintained. Each unit includes spacious 2 bedroom / 1 bathroom (753 SqFt) with additional storage in the carport. All tenants are current with their rent and no tenant has communicated a hardship.
  1. Listed by David Conti • DRE #02045711 • KW Bay Area Estates • 408-896-4081

Property Details for 826 Farm Drive

MLS City Name
SAN JOSE
Building Type
FOURPLEX
Style
Traditional
Garage Spaces
0
Parking Spaces
4
View
None
Cross Street
Pearl Avenue & H

Location

Listing Courtesy of KW Bay Area Estates, David Conti, DRE #02045711

Sold By New Land Corporation, Le-Xuan Tran, DRE #01319678

Add your commute
LISTING UPDATED: 08/04/2020 09:21 PM

Property Details for 826 Farm Drive

StatusSold
MLS #ML81791211
Days on Compass59
Taxes$19,987 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeRESIDENTIAL INCOME / Fourplex
Year Built1963
Lot Size0.16 AC / 7,087 SF
CountySanta Clara County

Location

Listing Courtesy of KW Bay Area Estates, David Conti, DRE #02045711

Sold By New Land Corporation, Le-Xuan Tran, DRE #01319678

Add your commute

Building Information for 826 Farm Drive

Stories2Residences4Year Built1963Building Size-Lot Size0.16 AC / 7,087 SF

Payment Calculator

$9,647 per month

30 year fixed, 7.25% Interest

Principal and Interest

$7,981

Property Taxes

$1,666

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 826 Farm Drive

Features
Room Information
  • Additional Rooms: Laundry Room
  • Kitchen: Appliances - Vary by Unit, Oven Range - Electric, Refrigerator, Varies by Unit
Features
  • Amenities: None
  • Fireplace: No
  • Flooring: Carpet, Laminate, Vinyl / Linoleum
  • Laundry: Coin Operated
  • Living SqFt: 3014
  • Pool: No
  • Security Features: None
  • Special Features: None
Utilities
  • Cooling: Window / Wall Unit
  • Heating: Wall Furnace
  • Meters: Separate Electric, Separate Gas, Separate Water
  • Sewer Septic: Sewer - Public
  • Utilities: Public Utilities
  • Water: Individual Water Meter
Carport and Parking
  • Carport Min: 4
Garage
  • Garage and Parking: Assigned Spaces, Carport , Common Parking Area, On Street
Property Details
Homeowners Association
  • HOA Exists: 0
  • HOA Fee: $0
Property Details
  • Area Text: Blossom Valley
  • Roof: Composition
  • Subclass: Fourplex
  • Year Built Source: Assessor
  • Street Number: 826
  • Street Name: Farm
  • Street Suffix: Drive
  • Area ID: 12
Lot / Property Details
Building Information
  • Number Of Stories: 2
  • Number of Buildings: 1
  • Structure SqFt: 3014
  • Structure SqFt Source: Assessor
  • Age: 57
Development Information
  • Construction Type: Wood Frame
  • Ownership Type: Individual
  • Zoning Detail: RM
Location Information
  • City Limits: Yes
  • Incorporated: Yes
  • Parcel Number: 455-26-023
  • County Name: Santa Clara
  • City Name: SAN JOSE
  • City Postal ID: 58
  • Postal Code: 95136
  • Elementary School District: 482
  • High School District Text: San Jose Unified
Lot Information
  • Foundation: Crawl Space
  • Horse Property: No
  • Lot Acres: .16
  • Lot Size Area Maximum Units: Square Feet
  • Lot Size Area Minimum Units: Square Feet
  • Lot Size Source: Assessor
  • Yard Grounds: Courtyard
Multi Family Information
Building Information
  • No Of Leased: 4
General Information
  • Annual Tax Amount: $19,987
  • Building Unit Total: 4
  • Capitalization Rate: 4.37
  • Tenant Expenses: Utilities - Electric
  • Income Includes: Parking, Rents
  • Vacancy Factor: 0
Income / Expense Details
  • Expense Insurance: $1,286
  • Expense Landscape: $600
  • Expense Maintenance: $1,200
  • Expense Management: $0
  • Expense Trash: $0
  • Expenses Other: $0
  • Expenses Utility: $0
  • Expenses Total: $23,073
  • Operating Expenses Include: Other
  • Gross Rent Multiplier: 17.19
  • Income Annual Gross: $93,624
  • Income Annual Rental: $92,424
  • Income Gross Scheduled: $93,024
  • Income Other: $600
Unit 1 Information
  • Unit 1 Full Bathrooms: 1
  • Unit 1 Half Bathrooms: 0
  • Unit 1 Number of Bedrooms: 2
  • Unit 1 Rent: $2,250
Unit 2 Information
  • Unit 2 Approx Square Footage: 753
  • Unit 2 Full Bathrooms: 1
  • Unit 2 Number of Bedrooms: 2
  • Unit 2 Rent: $1,895
Unit 3 Information
  • Unit 3 Approx Square Footage: 753
  • Unit 3 Full Bathrooms: 1
  • Unit 3 Number of Bedrooms: 2
  • Unit 3 Rent: $1,731
Unit 4 Information
  • Unit 4 Approx Square Footage: 753
  • Unit 4 Full Bathrooms: 1
  • Unit 4 Number of Bedrooms: 2
  • Unit 4 Rent: $2,000
Unit Type 1
  • Unit Type1 Approx SqFt: 753

Property History for 826 Farm 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 826 Farm Drive

Taxable ValueLand$1,040,400Additions$481,185Total$1,521,585
Tax Record2023$21,981 ($1,832 / month)
Home Facts
Total Finished SqFt3,014 SqFtAbove Grade Finished SqFt3,014 SqFtStories2Lot Size7,150 SqFtStyleQuadraplexYear Built1963ZoningRMCountySANTA CLARAAPN455-26-023Fireplace TypeHas Fireplace

Schools near 826 Farm Drive

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 - 5 to 8
Rating
School
Distance
Canoas Elementary School
PublicK to 5

John Muir Middle School
Public6 to 8

Gunderson High School
Public9 to 12

Ace Inspire Academy
Charter5 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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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 KW Bay Area Estates, David Conti, DRE #02045711

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.