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1320 Lick Ave,
San Jose CA |
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| 1320 E LICK Avenue , San Jose 95110 |
Status: |
Active |
Dates: |
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| County: |
Santa Clara |
Orig Price: |
$1,229,000 |
Original: |
07/20/2015 |
| Land Use: |
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List Price: |
$1,229,000 |
List: |
07/20/2015 |
| Class: |
Rin. Fourplex |
Sale Price: |
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Sale: |
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| Special Info: |
HUD |
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COE: |
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| City Limit: |
Yes |
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| Incorp: |
No |
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| Public: |
Unit 1 has 3 bedrm & 2 full bathrm w/ private patio, ideal for owner occupied investor!! all units are fully occupied w/ long term tenants & low rents!!.All units are due for rent increase!! all units have separate water heater tank!! all units have dishwasher, garbage disposal and forced air heating system!! each unit has its own attached carport!! Unit 2 & 3 have front porch & unit 4 has a large deck!! minutes access to 87/85/280/680/101 yet walking distance to downtown San Jose!! Centrally located!!! |
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| Map |
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School |
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| X Street: |
ALMA |
Elem: |
/ San Jose Unified |
| Directions: |
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Middle: |
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High: |
/ East Side Union High |
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| Accessibility: |
None |
Energy Sav: |
None |
| Communications: |
Cable TV |
Ext. Amenities: |
Balcony/Patio(s) |
| Cooling: |
None |
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| Flooring: |
Carpet (s), Vinyl/Linoleum |
Foundation: |
Concrete Slab |
| Heating: |
Forced Air |
Roof: |
Composition |
| Amenities: |
None |
Style: |
Contemporary |
| Kitchen: |
Appliances - Vary by Unit, Cooktop - Electric, Countertop - Formica, Countertop - Laminate, Dishwasher (s), Garbage Disposal (s), Hood Over Range, Oven - Electric, Pantry Cabinet, Refrigerator (s) |
View: |
City |
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Lot Desc: |
Unknown |
| Laundry: |
None |
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| Horse: |
No |
Garage/Parking |
| Other Rooms: |
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Garage: |
4 |
| Security: |
Fire Alarm(s) |
Carport: |
4 |
| Pool: |
False, |
Open Parking: |
4 |
| Constr Type: |
Wood , Other |
Features: |
Carport(s), On Street |
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| Unit # |
SqFT |
Beds |
Baths (F/P) |
Rent |
| 1 |
968 |
3 |
2 |
$1,850 |
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| # of Buildings: |
1 |
| # Leased Unit: |
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| Exist Lease Trm: |
1 Year Lease, Month to Month, Renewal Option, Security Deposit |
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| Com Name: |
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#Units in Com: |
4 |
| Amenities: |
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C. Restrictions: |
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Multiple Family Financing
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| Expense (Yearly) |
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Income (Yearly) |
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Other Financial Information |
| R.E. Taxes: |
$7,199 |
Rental: |
$69,840 |
Data Source: |
Tax Return |
| Insurance: |
$1,769 |
Vacancy Allowance %: |
7 |
Est GRM: |
18 |
| Landscape: |
$838 |
Other: |
$0 |
Est Cap Rate: |
3.860 |
| Maintenance: |
$839 |
Other Include: |
None |
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| Management: |
$2,100 |
Income Gross Schedule: |
69,840 |
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| Other: |
$0 |
Income Annual Gross: |
$64,951 |
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| Trash: |
$1,850 |
Est Net Income: |
$47,432 |
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| Utilities: |
$2,924 |
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| Total: |
$17,519 |
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| Listing Includes: |
Building, Dishwasher - All Units, Dishwasher - Some Units, Land, Major Tenant(s), Oven/Range - All Units, Oven/Range - Some Units, Refrigerator - All Units, Refrigerator - Some Units, None |
| Exp Tenant: |
Utilities - Electric, Utilities - Gas, Utilities - Heating |
| Op Exp Include: |
Depreciation, Fee - License/Advertising, Fee - Other Taxes, Fee - Property Management, Fee - Property Tax |
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| Sewer: |
Sewer - Public, Sewer Connected |
Electricity: |
Public, Solar |
| Water: |
None |
Meters: |
Separate Electric, Separate Gas |
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| Listed By: |
Julia Steininger, Alvarez And Alvarez Realty |
| Co List By: |
Sonia Gonzalez, Alvarez And Alvarez Realty |
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