3166 Neal Ave

San Jose, CA 95117

$1,940,000
Last Sold Price
Beds
Baths
3,828 Sq. Ft.
$507 / Sq. Ft.
3,828
Sq. Ft.
$507
per Sq. Ft.

Description

CALL FOR OFFERS! TUESDAY JULY 2ND 2024 AT 5:00 PM The R&Z Group of Compass Commercial is thrilled to present 3166 Neal Ave, San Jose, CA 95117 to the market! Situated on the west side of San Jose, this exceptional 4-plex offers a unique opportunity for investors. The property features an impressive 3 Bed, 2 Bath Owners Unit with a gated patio and forced air A/C. Additionally, it includes (1) 2 Bed, 1.5 Bath unit and (2) 2 Bed, 1 Bath units, providing ample rental income potential. The 0.20-acre lot...CALL FOR OFFERS! TUESDAY JULY 2ND 2024 AT 5:00 PM The R&Z Group of Compass Commercial is thrilled to present 3166 Neal Ave, San Jose, CA 95117 to the market! Situated on the west side of San Jose, this exceptional 4-plex offers a unique opportunity for investors. The property features an impressive 3 Bed, 2 Bath Owners Unit with a gated patio and forced air A/C. Additionally, it includes (1) 2 Bed, 1.5 Bath unit and (2) 2 Bed, 1 Bath units, providing ample rental income potential. The 0.20-acre lot also boasts three double garages and a convenient laundry room. The owner's unit and the 2 Bed 1.5 Bath unit are currently vacant. What sets 3166 Neal Ave apart is the opportunity to live in the beautifully appointed owner's unit while renting out the other three units. The owner's unit showcases elegant hardwood floors, dual-pane windows, an open-concept living room with a cozy fireplace, and a master bedroom with an ensuite bathroom. Location is key, and this property shines in that aspect. Less than a mile from Santana Row and just two blocks from Highway 280, you'll enjoy easy access to everything San Jose offers. Nestled between downtown San Jose and Cupertino/Sunnyvale, you'll be close to major companies like Cisco, PayPal, FICO, ZOOM, PWC, Adobe, and the Apple Headquarters.

Listing Agents

  1. Tyler Charron

    Tyler Charron

    Listing Agent

    Compass

    DRE #02201795

    tyler.charron@compass.com

    P: (925)-488-3362

  2. Ray Rodriguez

    Ray Rodriguez

    Alternative Listing Agent

    Compass

    DRE #01999734

    ray.rodriguez@compass.com

    P: (626)-483-5136

Property Details for 3166 Neal Avenue

MLS City Name
SAN JOSE
Building Type
FOURPLEX
Garage Spaces
6
Parking Spaces
0
LISTING UPDATED: 08/27/2024 10:36 AM

Property Details for 3166 Neal Avenue

StatusSold
MLS #ML81970449
Days on Compass22
Taxes$22,742 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeRESIDENTIAL INCOME / Fourplex
Year Built1966
Lot Size0.20 AC / 8,712 SF
CountySanta Clara County

Location

Listing Courtesy of Compass, Tyler Charron, DRE #02201795; Compass, Ray Rodriguez, DRE #01999734

Sold By Compass, Ray Rodriguez, DRE #01999734; Compass, Tony Zizzo, DRE #01962093

Add your commute

Building Information for 3166 Neal Avenue

Stories2Residences4Year Built1966Building Size-Lot Size0.20 AC / 8,712 SF

Payment Calculator

$12,060 per month

30 year fixed, 6.845% Interest

Principal and Interest

$10,164

Property Taxes

$1,895

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 3166 Neal Avenue

Features
Features
  • Fireplace: No
  • Living SqFt: 3828
  • Pool: No
  • Security Features: Other
  • Special Features: Other
Utilities
  • Cooling: Other
  • Heating: Central Forced Air
  • Meters: Master Water, Separate Common Area, Separate Electric, Separate Gas
  • Sewer Septic: Sewer - Private
  • Utilities: Individual Electric Meters, Individual Gas Meters
  • Water: Private / Mutual
Carport and Parking
  • Carport Min: 0
Garage
  • Garage and Parking: Attached Garage
Property Details
Homeowners Association
  • HOA Exists: 0
  • HOA Fee: $0
Property Details
  • Area Text: Campbell
  • Roof: Flat / Low Pitch, Shingle
  • Subclass: Fourplex
  • Year Built Source: Assessor
  • Street Number: 3166
  • Street Name: Neal
  • Street Suffix: Avenue
  • Area ID: 15
Lot / Property Details
Building Information
  • Number Of Stories: 2
  • Number of Buildings: 1
  • Structure SqFt: 3828
  • Structure SqFt Source: Assessor
  • Age: 58
Development Information
  • Zoning Detail: RM
Location Information
  • Parcel Number: 299-27-043
  • County Name: Santa Clara
  • City Name: SAN JOSE
  • City Postal ID: 58
  • Postal Code: 95117
  • Elementary School District: 454
  • High School District Text: Campbell Union High
Lot Information
  • Foundation: Concrete Perimeter
  • Horse Property: No
  • Lot Acres: .20
  • Lot Size Area Maximum Units: Square Feet
  • Lot Size Area Minimum Units: Square Feet
  • Lot Size Source: Assessor
Multi Family Information
Building Information
  • No Of Leased: 2
General Information
  • Annual Tax Amount: $22,742
  • Building Unit Total: 4
  • Capitalization Rate: 3.29
  • Tenant Expenses: Utilities - Electric, Utilities - Gas
  • Income Includes: Rents
  • Vacancy Factor: 3
Income / Expense Details
  • Expense Insurance: $3,062
  • Expense Landscape: $660
  • Expense Maintenance: $2,000
  • Expense Management: $0
  • Expense Trash: $1,794
  • Expenses Other: $1,896
  • Expenses Utility: $9,057
  • Expenses Total: $41,211
  • Operating Expenses Include: Fee - Property Tax, Insurance, Maintenance - Repair, Services - Gardener, Services - Sewer, Services - Trash Removal, Utilities - Electric, Utilities - Gas, Utilities - Water
  • Gross Rent Multiplier: 17.74
  • Income Annual Gross: $106,800
  • Income Annual Rental: $106,800
  • Income Gross Scheduled: $106,800
  • Income Other: $0
Unit 1 Information
  • Unit 1 Full Bathrooms: 2
  • Unit 1 Number of Bedrooms: 3
  • Unit 1 Rent: $3,500
Unit 2 Information
  • Unit 2 Full Bathrooms: 1
  • Unit 2 Number of Bedrooms: 2
  • Unit 2 Rent: $1,400
Unit 3 Information
  • Unit 3 Full Bathrooms: 1
  • Unit 3 Number of Bedrooms: 2
  • Unit 3 Rent: $1,300
Unit 4 Information
  • Unit 4 Full Bathrooms: 1
  • Unit 4 Half Bathrooms: 1
  • Unit 4 Number of Bedrooms: 2
  • Unit 4 Rent: $2,700

Property History for 3166 Neal Avenue

DateEvent & SourcePriceAppreciation
Aug 19, 2024

Sold

EBRD #ML81970449

$1,940,000
Aug 19, 2024

Sold

MLSListings #ML81970449

$1,940,000
Aug 16, 2024

Sold (Public Record)

Public Record #1538932319

$1,940,000
Jul 12, 2024

Pending

MLSListings #ML81970449

Jul 12, 2024

Pending

EBRD #ML81970449

Jul 12, 2024

Contingent - Show

MLSListings #ML81970449

Jun 20, 2024

Listed (Active)

EBRD #ML81970449

$1,895,000
Jun 20, 2024

Listed (Active)

MLSListings #ML81970449

$1,895,000
DateEvent & SourcePrice
08/19/2024

Sold

EBRD #ML81970449

$1,940,000
08/19/2024

Sold

MLSListings #ML81970449

$1,940,000
08/16/2024

Sold (Public Record)

Public Record #1538932319

$1,940,000
07/12/2024

Pending

MLSListings #ML81970449

07/12/2024

Pending

EBRD #ML81970449

07/12/2024

Contingent - Show

MLSListings #ML81970449

06/20/2024

Listed (Active)

EBRD #ML81970449

$1,895,000
06/20/2024

Listed (Active)

MLSListings #ML81970449

$1,895,000

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

Public Records for 3166 Neal Avenue

Taxable ValueLand$31,444Additions$126,941Total$158,385
Tax Record2020$3,728 ($311 / month)
Home Facts
Total Finished SqFt3,828 SqFtAbove Grade Finished SqFt3,828 SqFtStories2Lot Size8,601 SqFtStyleMulti-Family Res (5+ Units)Year Built1966Year Renovated1966ZoningRMCountySANTA CLARAAPN29927043Fireplace TypeHas Fireplace

Schools near 3166 Neal Avenue

This home is within Campbell Union School District.
Rating
School
Type
Grades
Distance
Charter - K to 5
Charter - 6 to 8
Public - 9 to 12
Public - 9 to 12
Rating
School
Distance
Lynhaven Elementary School
CharterK to 5

Monroe Middle School
Charter6 to 8

Del Mar 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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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, Tyler Charron, DRE #02201795; Compass, Ray Rodriguez, DRE #01999734

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.