Comm Ri Multi-units 5+ For Sale
3,834 Sqft - 3238 Impala Drive, SAN JOSE, California 95117
Property Description
Well-maintained 6-plex in West San Jose. Newer dual paned windows. Unit Mix: (4) 1 bedroom / 1 bathroom & (2) 2 bedroom / 1 bathroom. Below market rents – Tremendous upside potential! Market GRM: 13.09 and Market Cap Rate: 5.22%. Strong cash on cash return – Current 5.79% and Market 8.17%. Outstanding debt available fixed at 3.25% for 7 years with 3 years of interest only. Solid rental location – moments to Downtown Campbell and Santana Row. Convenient to Highways 17 & 280. Walking distance to schools, parks and shopping.
Basic Details
Property Type : Comm Ri Multi-units 5+
Listing Type : For Sale
Listing ID : ML81863936
Price : $1,998,000
Bedrooms : 0
Bathrooms : 0
Half Bathrooms : 0
Square Footage : 3,834 Sqft
Year Built : 1959
Lot Area : 0.15 Sqft
Features
Heating System : Gas, Wall Furnace
Roof : Composition Shingles
Address Map
Country : US
State : CA
County : Santa Clara
City : SAN JOSE
Zipcode : 95117
Street : Impala Drive
Street Number : 3238
Floor Number : 0
Longitude : W122° 2' 45.7''
Latitude : N37° 17' 44.8''
MLS Addon
Office Name : Newmark Cornish & Carey
Building Type : Other
Area : Campbell
Address : 3238 Impala Drive
LA1User Code : MLL5066982
LA1Agent First Name : Justin
LA1Agent Last Name : Bautista
Status Category : Pending
Tot # Parking Spaces : 0
Tot # of Units : 6
Zoning : R3
List $/SqFt : $0
Age : 62
Apx Lot Sq Ft : 6,619 Sqft
Type of Building : Apt Complex
Annual Taxes : $26,951
Total Deposits : $0
ALL UNITS HAVE : Refrigerator
ON-SITE PARKING DESC : Covered Parking
OPERATING EXPENSES : Electric, Gas, Insurance, Maintenance/repair, Trash Removal, Vacancy Factor, Water
SOME UNITS HAVE : Dishwasher
TENANT PAYS : Electric, Gas
WATER/SEWER : Water - Public, Sewer System - Public
Bus Sq Ft of Bldg : 0 Sqft
Other Loans (Y/N) : No
1st Loan Balance : $0
2nd Loan Balance : $0
Tot Other Loans : $0
Financial Data Verif(Y/N) : 4.28
Ann Act Gross Inc : $0
Gross Oper Actual Inc : $0
Listing Type : Excl Right
Listing Service : Full Service
Special Information : None
Original Price : $1,998,000
Sold Price : $0
Previous Price : $0
Sale $/SqFt : $0
Gross Oper Actual Inc : 0
Annual Gross Sched Inc : 131517
Net Oper Income : 85415
Annual Mgmt Exp : 0
Annual License Exp : 0
Annual Util Exp : 5352
Other Ann Exp : 0
Tot Ann Oper Exp : 0
First Loan Payment : 0
First Balance : 0
Annual Insurance Exp : 0
INTERNET DISPLAY : 0
INTERNET SITES : 0
SA1Agent Type : 0
Gross Rent Multiplier : 15.19
List Agent DRE Num. : 01268331
Filtered Address : 3238 Impala DR
LA1Agent License ID : 01268331
LA1Old Agent ID : 306597
Annual Vacancy : 0
Gross Income : 0
Sale/Original $ : 0
Annual Exp Yr : 0
Sale $/SqFt : 0
1st - Yrs Remaining : 0
Sale/Last List $ : 0
Interest Rate : 0
Board ID : Datashare MLSListings
Assessors Parcel No : 305-03-032
Showing : See Confidential Remarks
LO1Main Office ID : 76108
LO1Board ID : 0
LO2Office Identifier : 0
LO2Main Office ID : 0
SO1Office Identifier : 0
SO1Board ID : 0
SO2Office Identifier : 0
SO2Office Type : 0
VOW Include : Yes
VOW Address : Yes
VOW Comment : Yes
VOW AVM : Yes
Status Detail : 3
Search Price : 1998000
Address Search Number : 3238
Listing Agent : 281553
Listing Office : 76108
Co-List Agent : 0
Listing Office 2 : 0
Apprx Equity : 0
Buyer Agent 1 : 0
Buying Office 1 : 0
Co-Sell Agent : 0
Buying Office 2 : 0
Photo Count : 6
Input Date : 23/09/2021 19:03:50
Update Date : 07/10/2021 10:03:04
PhotoTimestamp : 07/10/2021 00:09:17
First Photo Add Timestamp :
List Date : 23/09/2021
Expire Date :
Pending Date : 05/10/2021
Closing Date : 05/01/2022
Status Date : 06/10/2021
Price Date :
Off Market Date : 05/10/2021
Status : Pending Show for Backups
HOA : No
City Transfer Tax : Yes
Off Market Status Date :
LVT Date :
DOMLS : 12
Cumulative DOMLS : 12
Unit # 1 # of Bedrooms: 1
Unit # 1 Rent: 1570
Unit # 2 # of Bedrooms: 2
Unit # 2 Rent: 1968
