833 Jeanne Avenue

San Jose, CA 95116

$1,595,000
Last Sold Price
Beds
2,815 Sq. Ft.
$567 / Sq. Ft.
2,815
Sq. Ft.
$567
per Sq. Ft.

Description

Looking for a great 4-plex investment property, THIS IS IT! Annual gross income is $98746, with a great Cap Rate of 4.6%. All 4 units are fully rented. Owner had done a huge renovation and upgrade in this building. Replacing all electrical main panels, New flooring, base broads, doors, locks, replacing new furnaces, thermostats, door stoppers, light fixtures, upgraded kitchens, bathrooms, replacing all the electric switches, plugs and rewiring the electrical wires to meet up to code. There are too...Looking for a great 4-plex investment property, THIS IS IT! Annual gross income is $98746, with a great Cap Rate of 4.6%. All 4 units are fully rented. Owner had done a huge renovation and upgrade in this building. Replacing all electrical main panels, New flooring, base broads, doors, locks, replacing new furnaces, thermostats, door stoppers, light fixtures, upgraded kitchens, bathrooms, replacing all the electric switches, plugs and rewiring the electrical wires to meet up to code. There are too many items to list. The Coin-opts provided great income of $4918 annually. Rental units are subject to SJ Rent Control Ordinance. Few steps away to the Martin Soccer Field, Public Picnic area and the children playground. Few minutes drive to 280, 101, 680 and 87. As well as to the little Saigon Town, restaurants, Walmart, groceries stores, and gas station.
  1. Listed by Mindy Masli • DRE #01895159 • Intero Real Estate Services • 408-507-9737

Property Details for 833 Jeanne Avenue

MLS City Name
SAN JOSE
Building Type
FOURPLEX
Garage Spaces
0
Parking Spaces
0
Cross Street
Melbourn Blvd.

Location

Listing Courtesy of Intero Real Estate Services, Mindy Masli, DRE #01895159

Sold By Wailea Real Estate Group Inc, Linda Chu, DRE #01881811

Add your commute
LISTING UPDATED: 06/15/2021 10:42 PM

Property Details for 833 Jeanne Avenue

StatusSold
MLS #ML81839072
Days on Compass28
Taxes$18,219 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeRESIDENTIAL INCOME / Fourplex
Year Built1959
Lot Size0.12 AC / 5,080 SF
CountySanta Clara County

Location

Listing Courtesy of Intero Real Estate Services, Mindy Masli, DRE #01895159

Sold By Wailea Real Estate Group Inc, Linda Chu, DRE #01881811

Add your commute

Building Information for 833 Jeanne Avenue

Stories2Residences4Year Built1959Building Size-Lot Size0.12 AC / 5,080 SF

Payment Calculator

$10,223 per month

30 year fixed, 7.25% Interest

Principal and Interest

$8,705

Property Taxes

$1,518

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 833 Jeanne Avenue

Features
Room Information
  • Additional Rooms: Laundry Room
  • Kitchen: Countertop - Granite, Exhaust Fan, Microwave, Oven Range - Gas, Refrigerator
Features
  • Amenities: None
  • Communications: Cable TV
  • Fireplace: No
  • Flooring: Laminate, Tile
  • Laundry: Coin Operated
  • Living SqFt: 2815
  • Pool: No
  • Security Features: None
  • Special Features: None
Utilities
  • Cooling: None
  • Heating: Wall Furnace
  • Meters: Master Water, Separate Electric, Separate Gas
  • Sewer Septic: Sewer - Public
  • Utilities: Individual Electric Meters, Individual Gas Meters
  • Water: Public
Carport and Parking
  • Carport Min: 4
Garage
  • Garage and Parking: Assigned Spaces, Off-Street Parking
Property Details
Homeowners Association
  • HOA Exists: 0
  • HOA Fee: $0
Property Details
  • Area Text: South San Jose
  • Roof: Composition, Shingle
  • Subclass: Fourplex
  • Year Built Source: Assessor
  • Street Number: 833
  • Street Name: Jeanne
  • Street Suffix: Avenue
  • Area ID: 11
Lot / Property Details
Building Information
  • Number Of Stories: 2
  • Number of Buildings: 1
  • Structure SqFt: 2815
  • Structure SqFt Source: Assessor
  • Age: 62
Development Information
  • Ownership Type: Individual
  • Zoning Detail: R3
Location Information
  • City Limits: No
  • Incorporated: No
  • Parcel Number: 472-32-006
  • County Name: Santa Clara
  • City Name: SAN JOSE
  • City Postal ID: 58
  • Postal Code: 95116
  • Elementary School District: 457
  • High School District Text: East Side Union High
Lot Information
  • Foundation: Crawl Space
  • Horse Property: No
  • Lot Acres: .12
  • 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: 4
General Information
  • Annual Tax Amount: $18,219
  • Building Unit Total: 4
  • Capitalization Rate: 4.60
  • Tenant Expenses: Utilities - Electric, Utilities - Gas, Utilities - Hot Water
  • Income Includes: Coin Operated Equip
  • Vacancy Factor: 0
Income / Expense Details
  • Expense Insurance: $2,306
  • Expense Landscape: $0
  • Expense Maintenance: $1,200
  • Expense Management: $0
  • Expense Trash: $2,324
  • Expenses Other: $472
  • Expenses Utility: $2,539
  • Expenses Total: $27,060
  • Operating Expenses Include: Fee - Property Tax, Fee - Rent/Lease, Insurance, Loan - Principle & Interest, Maintenance, Maintenance - Capital Improvements, Miscellaneous/Other, Services - Trash Removal, Utilities - Gas, Utilities - Water
  • Gross Rent Multiplier: 15.79
  • Income Annual Gross: $98,746
  • Income Annual Rental: $93,828
  • Income Gross Scheduled: $98,746
  • Income Other: $4,918
Unit 1 Information
  • Unit 1 Full Bathrooms: 1
  • Unit 1 Number of Bedrooms: 2
  • Unit 1 Rent: $1,600
Unit 2 Information
  • Unit 2 Approx Square Footage: 704
  • Unit 2 Full Bathrooms: 1
  • Unit 2 Number of Bedrooms: 2
  • Unit 2 Rent: $2,289
Unit 3 Information
  • Unit 3 Approx Square Footage: 704
  • Unit 3 Full Bathrooms: 1
  • Unit 3 Number of Bedrooms: 2
  • Unit 3 Rent: $1,850
Unit 4 Information
  • Unit 4 Approx Square Footage: 704
  • Unit 4 Full Bathrooms: 1
  • Unit 4 Number of Bedrooms: 2
  • Unit 4 Rent: $2,080
Unit Type 1
  • Unit Type1 Approx SqFt: 704

Property History for 833 Jeanne Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Schools near 833 Jeanne Avenue

This home is within Franklin-Mckinley Elementary School District.
Rating
School
Type
Grades
Distance
Public - K to 6
Public - 7 to 8
Charter - 7 to 8
Public - 9 to 12
Rating
School
Distance
McKinley Elementary School
PublicK to 6

Sylvandale Middle School
Public7 to 8

Bridges Academy
Charter7 to 8

Yerba Buena 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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Listing Courtesy of Intero Real Estate Services, Mindy Masli, DRE #01895159

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.