1117 Oakmont Drive

San Jose, CA 95117

$1,999,000
Price
Beds
3,987 Sq. Ft.
$501 / Sq. Ft.
3,987
Sq. Ft.
$501
per Sq. Ft.

Description

Fantastic Opportunity: 2 Fourplexes for Sale! Can be purchased separately. Each custom-built fourplex features a spacious owner's unit. Every unit comes with its own private garage equipped with storage and automatic door openers. A central driveway provides ample off-street parking and a play area between this building and the adjacent property at 1121 Oakmont Dr., which is also for sale. Both properties are within walking distance of a school. The units have double-pane windows throughout, and...Fantastic Opportunity: 2 Fourplexes for Sale! Can be purchased separately. Each custom-built fourplex features a spacious owner's unit. Every unit comes with its own private garage equipped with storage and automatic door openers. A central driveway provides ample off-street parking and a play area between this building and the adjacent property at 1121 Oakmont Dr., which is also for sale. Both properties are within walking distance of a school. The units have double-pane windows throughout, and unit B and C have been recently remodeled. Additionally, the buildings feature newer water heaters and have been well-maintained with no deferred maintenance. The unit details are as follows: one unit has four bedrooms and two bathrooms, encompassing 1,800 square feet, while the other three units each have two bedrooms and one bathroom, with 770 square feet each. The property also includes leased coin-operated laundry facilities, with tenants responsible for PG&E
  1. Listed by Michaela Kusner • DRE #01836865 • Brokerage DRE #01908304 • Coldwell Banker Realty • 408-718-0743

Property Details for 1117 Oakmont Drive

MLS City Name
SAN JOSE
Building Type
FOURPLEX
Garage Spaces
4
Parking Spaces
3

Location

Listing Courtesy of Coldwell Banker Realty, Michaela Kusner, DRE #01836865
Add your commute
LISTING UPDATED: 06/17/2024 03:50 PM

Property Details for 1117 Oakmont Drive

StatusContingent
MLS #ML81967176
Days on Compass30
Taxes$14,619 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeRESIDENTIAL INCOME / Fourplex
Year Built1963
Lot Size0.17 AC / 7,405 SF
CountySanta Clara County

Location

Listing Courtesy of Coldwell Banker Realty, Michaela Kusner, DRE #01836865
Add your commute

Building Information for 1117 Oakmont Drive

Stories2Residences4Year Built1963Building Size-Lot Size0.17 AC / 7,405 SF

Payment Calculator

$12,128 per month

30 year fixed, 7.25% Interest

Principal and Interest

$10,909

Property Taxes

$1,218

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 1117 Oakmont Drive

Features
Room Information
  • Kitchen: 220 Volt Outlet, Appliances - Vary by Unit, Countertop - Other, Exhaust Fan, Garbage Disposal, Oven Range - Electric, Refrigerator, Varies by Unit
Features
  • Fireplace: No
  • Flooring: Laminate, Tile, Vinyl / Linoleum
  • Laundry: Coin Operated, Washer / Dryer
  • Living SqFt: 3987
  • Pool: No
  • Security Features: Fire Alarm
  • Special Features: Parking
Utilities
  • Cooling: None
  • Heating: Gas
  • Meters: Master Water, Separate Common Area, Separate Electric, Separate Gas
  • Sewer Septic: Sewer Connected
  • Utilities: Individual Electric Meters, Individual Gas Meters, Public Utilities
  • Water: Public
Carport and Parking
  • Carport Min: 0
Garage
  • Garage and Parking: Assigned Spaces, Attached Garage, On Street
Property Details
Homeowners Association
  • HOA Exists: 0
  • HOA Fee: $0
Property Details
  • Area Text: Campbell
  • Roof: Tile
  • Subclass: Fourplex
  • Year Built Source: Assessor
  • Street Number: 1117
  • Street Name: Oakmont
  • Street Suffix: Drive
  • Area ID: 15
Lot / Property Details
Building Information
  • Number Of Stories: 2
  • Number of Buildings: 1
  • Structure SqFt: 3987
  • Structure SqFt Source: Assessor
  • Age: 61
Development Information
  • Ownership Type: Individual
  • Zoning Detail: RM
Location Information
  • City Limits: Yes
  • Incorporated: Yes
  • Parcel Number: 299-17-038
  • County Name: Santa Clara
  • City Name: SAN JOSE
  • City Postal ID: 58
  • Postal Code: 95117
  • Elementary School District: 464
  • High School District Text: Campbell Union High
Lot Information
  • Foundation: Concrete Perimeter
  • Horse Property: No
  • Lot Acres: .17
  • Lot Description: Grade - Level
  • Lot Size Area Maximum Units: Square Feet
  • Lot Size Area Minimum Units: Square Feet
  • Lot Size Source: Assessor
  • Yard Grounds: Balcony / Patio, Courtyard, Low Maintenance, Sprinklers - Auto
Mobile / Manufactured Information
Other Information
  • Dual Variable: Yes
Multi Family Information
Building Information
  • No Of Leased: 4
General Information
  • Annual Tax Amount: $14,619
  • Building Unit Total: 4
  • Capitalization Rate: 4.18
  • Tenant Expenses: Fee - Parking, Utilities - Electric, Utilities - Gas
  • Income Includes: Parking, Rents
  • Vacancy Factor: 4
Income / Expense Details
  • Expense Insurance: $2,596
  • Expense Landscape: $1,020
  • Expense Maintenance: $8,686
  • Expense Management: $0
  • Expense Trash: $2,515
  • Expenses Other: $720
  • Expenses Utility: $6,553
  • Expenses Total: $36,709
  • Operating Expenses Include: Insurance, Maintenance, Maintenance - Laundry, Maintenance - Repair, Services - Gardener, Services - Trash Removal, Utilities
  • Gross Rent Multiplier: 15.95
  • Income Annual Gross: $120,288
  • Income Annual Rental: $123,600
  • Income Gross Scheduled: $125,300
  • Income Other: $1,700
Unit 1 Information
  • Unit 1 Full Bathrooms: 2
  • Unit 1 Number of Bedrooms: 4
  • Unit 1 Rent: $3,700
Unit 2 Information
  • Unit 2 Approx Square Footage: 770
  • Unit 2 Full Bathrooms: 1
  • Unit 2 Number of Bedrooms: 2
  • Unit 2 Rent: $2,400
Unit 3 Information
  • Unit 3 Approx Square Footage: 770
  • Unit 3 Full Bathrooms: 1
  • Unit 3 Number of Bedrooms: 2
  • Unit 3 Rent: $2,300
Unit 4 Information
  • Unit 4 Approx Square Footage: 770
  • Unit 4 Full Bathrooms: 1
  • Unit 4 Number of Bedrooms: 2
  • Unit 4 Rent: $1,900
Unit Type 1
  • Unit Type1 Approx SqFt: 1800

Property History for 1117 Oakmont 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 1117 Oakmont Drive

Taxable ValueLand$621,746Additions$380,288Total$1,002,034
Tax Record2023$14,620 ($1,218 / month)
Home Facts
Total Finished SqFt3,987 SqFtAbove Grade Finished SqFt3,987 SqFtStories2Lot Size7,200 SqFtStyleQuadraplexYear Built1963ZoningRMCountySANTA CLARAAPN299-17-038Fireplace TypeHas Fireplace

Schools near 1117 Oakmont Drive

This home is within Moreland School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Public - 9 to 12
Rating
School
Distance
Leroy Anderson Elementary School
PublicK to 5

Moreland Middle School
Public6 to 8

Prospect High School
Public9 to 12

Boynton 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.

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Listing Courtesy of Coldwell Banker Realty, Michaela Kusner, DRE #01836865

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.