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1012 Chestnut St San Jose, CA 95110

$1,213,000 Sold Price as of 07/09/2022

4 Beds
-- Baths
1,672 Sq.Ft.

Sold

$1,213,000 Sold Price as of 07/09/2022 Refinance Your Mortgage

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Map preview of 1012 Chestnut St, San Jose, CA 95110

Property Overview: 1012 Chestnut St San Jose, CA has 4 bedrooms, -- bathrooms, 1,672 living square feet and 5,087 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Great opportunity to own a 4-Unit Property in Central San Jose. It's a low maintenance property which makes easy to maintain. Each Unit has central air-conditioning with double pane windows. Unit 1 has been completely remodeled and updated. Close to shopping, transportation and entertainment. This investment property is fully occupied and ready to go.

Listed by Jim Cary | BRE #01101007 | Reliance Realty Group

Last checked: 16 minutes ago | Last updated: July 26th, 2022 | Source CRMLS | DOM: 6

Home details

Lot Sq. Ft: 5,087
HOA Dues: $0/mo
Year built: 1952
Garage: --
Property Type:: Fourplex

Status: Sold
MLS#: ML81892689
City: San Jose
County: Santa Clara
Time on Site: 697 days

Multi-Family Unit Breakdown

Unit Mix Summary

Total # of Units: --
Total # of Buildings: 1

Unit Breakdown 1

# of Units: --
# of Beds: 1
# of Baths: --
Actual Rent: $1,735
Total Rent: --

Unit Breakdown 2

# of Units: --
# of Beds: 1
# of Baths: --
Actual Rent: $1,735
Total Rent: --

Unit Breakdown 3

# of Units: --
# of Beds: 1
# of Baths: --
Actual Rent: $1,775
Total Rent: --

Unit Breakdown 4

# of Units: --
# of Beds: 1
# of Baths: --
Actual Rent: $1,735
Total Rent: --

Multi-Family Income/Expense Information

Property Income and Analysis

Cap Rate: 5.28%
Gross Rent Multiplier: --
Gross Scheduled Income: $83,760
Net Operating Income: --
Gross Operating Income: --
Other Income 1: $0

Annual Expense Breakdown

Total Operating Expense: --
Trash: $0
Insurance: $2,493
Maintenance: $0
Other Expenses: $0

Virtual Tour

Use the following link to view this property's virtual tour:

Virtual Tour URL (external link)

Property Details for 1012 Chestnut St

Interior Features

Cooling Information

Has Cooling
Central Air

Heating Information

Has Heating
Central

Exterior Features

Exterior Information

Roof: Shingle

Lot Details / Garage and Parking

Parking/Garage Information

# of Parking Spaces: 4
Has Parking
Parking Features: Off Street

Lot Information

Lot Size Source: Other

Property Information

Parcel Number: 23040040
Year Built Source: Other
Foundation Details: Slab
Accessibility Features: None

Homeowners Association, Utilities, Taxes / Assessments

Homeowners Association

Is Not Part of Association

Utilities Information

Sewer: Public Sewer
Water Source: Public

View more facts & features

Local San Jose Agent

Sale History for 1012 Chestnut St

Last sold for $1,213,000 on July 9th, 2022

July, 2022
Jul 9, 2022

Date

Sold

CRMLS: ML81892689

$1,213,000

Price
May 19, 2022

Date

Active

CRMLS: ML81892689

$1,200,000

Price
December, 2018
Dec 21, 2018

Date

Canceled

CRMLS: ML81732676

$1,300,000

Price
Dec 5, 2018

Date

Active

CRMLS: ML81732676

$1,300,000

Price
Listing provided courtesy of CRMLS

Good investment opportunity. 4-plex in Central San Jose close to airport, freeways and many conveniences. Each unit has central air conditioning and double pane windows. Long term tenants.

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March, 2018
Mar 14, 2018

Date

Sold

CRMLS: ML81687616

$1,112,500

Price
Feb 6, 2018

Date

Active Under Contract

CRMLS: ML81687616

$1,200,000

Price
Dec 28, 2017

Date

Active

CRMLS: ML81687616

$1,200,000

Price
Listing provided courtesy of CRMLS

Easy to maintain 4-plex in Central San Jose. Located within close proximity to freeways and many conveniences. Each unit has central air-conditioning and double pane windows. This investment property has long-term tenants except for unit 1.

Continue Reading
March, 2018
Mar 12, 2018

Date

Sold (Public Records)

Public Records

$1,112,500

Price
July, 2017
Jul 28, 2017

Date

Canceled

CRMLS: ML81628428

$999,888

Price
Mar 10, 2017

Date

Price Change

CRMLS: ML81628428

$999,888

Price
Oct 14, 2016

Date

Active

CRMLS: ML81628428

$1,083,200

Price
Listing provided courtesy of CRMLS

Low maintenance Fourplex in Central San Jose. Located within the Light Industrial neighborhood. Each unit has central air-conditioning. This investment property has long-term tenants.With new rent increases as of 6/1/2017, can definitely support the debt service even with conventional loan based on asking.

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March, 2004
Mar 8, 2004

Date

Sold (Public Records)

Public Records

$520,000

Price

Tax History for 1012 Chestnut St

Assessed Value (2020): $1,157,445

Year	Land Value	Improved Value	Assessed Value
2020	$936,360	$221,085	$1,157,445

Home Value Compared to the Market

This property vs the competition

1012 Chestnut St sold on July 9, 2022 for 15.79% lower than the current median sold price for the city of San Jose which is $1,425,000. The median sold price per/sqft for San Jose is $880 and this home is sold at $717.7 per/sqft which puts the price per square foot 18.44% lower than the current median sale per square foot for the city of San Jose.

About 1012 Chestnut St

Detailed summary of property

1012 Chestnut St is a fourplex that recently sold in San Jose, CA 95110. This fourplex offered 4 bedrooms, -- bathrooms, roughly 1,672 living square feet, and sits on an approximately 5,087 square foot lot. 1012 Chestnut St was first listed on ArdentRealEstateGroup.com on May 22, 2022. The homeowner sold the property for $1,213,000. Home in San Jose are selling for a median price of $1,425,000 and a median price per square foot of $880. Based on Ardent Real Estate Group's San Jose Market Data, this home is sold 15.79% lower than the current median priced home. Local homes that are currently for sale include 5670 Lexington Ave, 1636 S Ridgeley Dr and 1618 S Burnside Ave. While the average home in San Jose, CA is selling in 252 days, 1012 Chestnut St has a days on market of 6 days. There are currently 3514 homes for sale in the San Jose real estate market and 2417 of them are single family homes while 670 of them are condos and 423 are townhomes. For more information on this home for sale at 1012 Chestnut St San Jose, CA 95110 contact Ardent Real Estate Group and we will put you in touch with one of our San Jose agents.

Public Facts for 1012 Chestnut St

Public county record property details

Beds: --
Baths: --
Year built: 1952
Sq. Ft.: 1,672
Lot Size: 5,087
Stories: 1

Type: Triplex (3 Units, Any Combination)
Pool: No
Spa: No
County: Santa Clara
Lot#: --
APN: 230-40-040

The source for these homes facts are from public records.

95110 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends

Median List Price

$799,000

Median List Price/Sq.Ft.

$711

Median Sold Price

$930,000

Median Sold Price/Sq.Ft.

$854

Total Inventory

Median Sale to List Price %

103.34%

Avg Days on Market

Loan Type

Conventional (81.82%), FHA (0%), VA (0%), Cash (18.18%), Other (0%)

Thinking of Selling?

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(714) 706-1823

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Based on information from California Regional Multiple Listing Service, Inc. as of 2019. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.