1675 Merrill Drive

San Jose, CA 95124

$1,750,000
Last Sold Price
Beds
Baths
3,200 Sq. Ft.
$547 / Sq. Ft.
3,200
Sq. Ft.
$547
per Sq. Ft.

Description

This is a rare chance to own an end-unit fourplex in the highly desirable Cambrian neighborhood of Noddin. A well-maintained, fully leased four-unit apartment building thats always in demand. Each unit offers 2 bedrooms, 1 bath, and approximately 800 sq. ft. of living space. Each unit has a full kitchen with fridge, oven/range, and dishwasher. Built in 1963, the property features an upgraded concrete siding exterior, a newer roof, separate electric meters for each unit, a carport parking space with...This is a rare chance to own an end-unit fourplex in the highly desirable Cambrian neighborhood of Noddin. A well-maintained, fully leased four-unit apartment building thats always in demand. Each unit offers 2 bedrooms, 1 bath, and approximately 800 sq. ft. of living space. Each unit has a full kitchen with fridge, oven/range, and dishwasher. Built in 1963, the property features an upgraded concrete siding exterior, a newer roof, separate electric meters for each unit, a carport parking space with storage space for each unit, shared outdoor space and a separate shared laundry room. Located near top-rated schools (Noddin Elementary, Union Middle School, Leigh High School), shopping, popular restaurants, AVAC sports club and public parks, this property provides everything tenants look for in a great community. Commuters will appreciate the easy access to HWY 85 and 17, as well as the nearby Park and Ride lot, which connects to VTA bus line 101 for travel to downtown Campbell, Cupertino, and Stanford Research Park. This is an excellent opportunity to invest in a well-positioned rental property in a highly sought-after area.

Listing Agent

  1. Kirsty Hepburn

    Kirsty Hepburn

    Listing Agent

    Compass

    DRE #02141613

Property Details for 1675 Merrill Drive

MLS City Name
SAN JOSE
Building Type
FOURPLEX
Garage Spaces
0
Parking Spaces
1
Cross Street
Drysdale Drive
LISTING UPDATED: 11/05/2024 10:04 AM

Property Details for 1675 Merrill Drive

StatusSold
MLS #ML81982329
Days on Compass4
Taxes$17,760 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeRESIDENTIAL INCOME / Fourplex
Year Built1963
Lot Size0.15 AC / 6,549 SF
CountySanta Clara County

Building Information for 1675 Merrill Drive

Stories2Residences4Year Built1963Building Size-Lot Size0.15 AC / 6,549 SF

Property Information for 1675 Merrill Drive

Features
External Links
Room Information
  • Additional Rooms: Laundry Room
  • Kitchen: Countertop - Tile, Dishwasher, Oven Range - Electric, Refrigerator
  • Number of Full Bathrooms: 4
  • Number of Half Bathrooms: 0
Features
  • Fireplace: No
  • Laundry: Washer / Dryer
  • Living SqFt: 3200
  • Pool: No
  • Security Features: None
  • Special Features: None
Utilities
  • Cooling: None
  • Heating: Other
  • Meters: Master Electric, Master Water, Separate Electric
  • Sewer Septic: Sewer - Public
  • Utilities: Individual Electric Meters
  • Water: Public
Carport and Parking
  • Carport Min: 4
Garage
  • Garage and Parking: Carport, Covered Parking, On Street
Property Details
Homeowners Association
  • HOA Exists: 0
  • HOA Fee: $0
Property Details
  • Area Text: Cambrian
  • Roof: Composition
  • Subclass: Fourplex
  • Year Built Source: Assessor
  • Street Number: 1675
  • Street Name: Merrill
  • Street Suffix: Drive
  • Area ID: 14
Lot / Property Details
Building Information
  • Number Of Stories: 2
  • Number of Buildings: 1
  • Structure SqFt: 3200
  • Structure SqFt Source: Assessor
  • Age: 61
Development Information
  • Zoning Detail: R3
Location Information
  • Parcel Number: 567-08-009
  • County Name: Santa Clara
  • City Name: SAN JOSE
  • City Postal ID: 58
  • Postal Code: 95124
  • Elementary School: 225
  • Elementary School District: 471
  • Middle School Text: Union Middle
  • High School District Text: Campbell Union High
  • High School Text: Leigh High
Lot Information
  • Foundation: Crawl Space
  • Horse Property: No
  • Lot Acres: .15
  • Lot Size Area Maximum Units: Square Feet
  • Lot Size Area Minimum Units: Square Feet
  • Lot Size Source: Assessor
  • Yard Grounds: Balcony / Patio, Sprinklers - Auto, Sprinklers - Lawn
Multi Family Information
Building Information
  • No Of Leased: 4
General Information
  • Annual Tax Amount: $17,760
  • Building Unit Total: 4
  • Capitalization Rate: 2.75
  • Tenant Expenses: Utilities - Electric, Utilities - Gas
  • Income Includes: Laundry
  • Vacancy Factor: 0
Income / Expense Details
  • Expense Insurance: $1,414
  • Expense Landscape: $3,300
  • Expense Maintenance: $0
  • Expense Management: $0
  • Expense Trash: $2,640
  • Expenses Other: $193
  • Expenses Utility: $8,400
  • Expenses Total: $33,707
  • Operating Expenses Include: Fee - Property Tax, Insurance, Miscellaneous/Other, Services - Gardener, Services - Trash Removal, Utilities - Water
  • Gross Rent Multiplier: 21.36
  • Income Annual Gross: $81,914
  • Income Annual Rental: $81,114
  • Income Gross Scheduled: $81,914
  • Income Other: $800
Unit 1 Information
  • Unit 1 Full Bathrooms: 1
  • Unit 1 Number of Bedrooms: 2
  • Unit 1 Rent: $1,628
Unit 2 Information
  • Unit 2 Approx Square Footage: 800
  • Unit 2 Full Bathrooms: 1
  • Unit 2 Number of Bedrooms: 2
  • Unit 2 Rent: $1,628
Unit 3 Information
  • Unit 3 Approx Square Footage: 800
  • Unit 3 Full Bathrooms: 1
  • Unit 3 Number of Bedrooms: 2
  • Unit 3 Rent: $1,878
Unit 4 Information
  • Unit 4 Approx Square Footage: 800
  • Unit 4 Full Bathrooms: 1
  • Unit 4 Number of Bedrooms: 2
  • Unit 4 Rent: $1,628
Unit Type 1
  • Unit Type1 Approx SqFt: 800

Property History for 1675 Merrill 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 1675 Merrill Drive

Taxable ValueLand$1,020,000Additions$561,000Total$1,581,000
Tax Record2024$22,015 ($1,835 / month)
Home Facts
Total Finished SqFt3,200 SqFtAbove Grade Finished SqFt3,200 SqFtStories2Lot Size6,549 SqFtStyleQuadraplexYear Built1963ZoningR3CountySANTA CLARAAPN567-08-009Fireplace TypeHas Fireplace

Schools near 1675 Merrill Drive

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

Lietz Elementary School
PublicK to 5

Union Middle School
Public6 to 8

Leigh 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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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. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Compass, Kirsty Hepburn, DRE #02141613

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.