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7240 Bark Ln #1, San Jose, CA 95129
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7240 Bark Ln #1 San Jose, CA 95129

$2,394,999
  • -- Beds
  • -- Baths
  • 3,377 Sq.Ft.
For Sale
$2,394,999 Get Pre-Qualified
Map preview of 7240 Bark Ln #1, San Jose, CA 95129

Property Overview: 7240 Bark Ln #1 San Jose, CA has -- bedrooms, -- bathrooms, 3,377 living square feet and 6,085 square feet lot size. Call an Ardent Real Estate Group agent to verify current availability of this home or with any questions you may have.

Agent Remarks: Welcome to this amazing 4-plex investment property in the highly sought-after Cupertino area! This property is perfect for both investors & owner-occupiers looking for a tremendous opportunity to grow their wealth. All 4 units have been tastefully renovated. Unit 1 underwent renovation in 2015 & features 3 BD, 2 BA & a separate dining room. It has its own laundry. Units 2 and 3 were renovated 2 years ago, & unit 4 has just been refurbished earlier this year. All units are occupied by tenants. Each unit comes with a carport & add'l storage,. This property also boasts the highly acclaimed Cupertino schools, making it attractive to families with school-going children. Located just mins away from major tech companies like Apple, Google, Amazon, & Netflix, & hospitals such as PAMF and Stanford, this property has easy access to FWY 85 and 280. Plus, it is within walking distance to groceries, important tutorials, & a range of restaurants, making it a convenient and desirable location. .

Listed by Lakshmi Sathyanarayana | BRE #01472095 | Compass
Last checked: 12 minutes ago | Last updated: August 2nd, 2023 | Source CRMLS | DOM: 373
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Home details

Lot Sq. Ft
6,085
HOA Dues
$0/mo
Year built
1961
Garage
--
Property Type:
Fourplex
Status
Active
MLS#
ML81925052
City
San Jose
County
Santa Clara
Time on Site
362 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: --
  • Total # of Buildings: 1
Multi-Family Income/Expense Information
Property Income and Analysis
  • Cap Rate: 4.99%
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $128,820
  • Net Operating Income: --
  • Gross Operating Income: --
  • Other Income 1: $720
Annual Expense Breakdown
  • Total Operating Expense: --
  • Trash: $0
  • Insurance: $2,000
  • Maintenance: $0
  • Other Expenses: $0

Open Houses for 7240 Bark Ln #1

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Property Details for 7240 Bark Ln #1

Interior Features
Cooling Information
  • Has Cooling
  • None
Heating Information
  • Has Heating
  • Central
Kitchen Information
  • No Appliances
Exterior Features
Exterior Information
  • Roof: Composition
Lot Details / Garage and Parking
Lot Information
  • Lot Size Source: Assessor
Property Information
  • No View
  • Parcel Number: 37224015
  • Year Built Source: Assessor
  • Foundation Details: Concrete Perimeter
  • Accessibility Features: None
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Utilities Information
  • Water Source: Public
Assessment Information
  • No Assessments
View more facts & features

Local San Jose Agent

Sale History for 7240 Bark Ln #1

Last sold for $1,647,000 on September 5th, 2014

  • August, 2023

  • Aug 9, 2023

    Date

    Canceled

    CRMLS: ML81925052

    $2,394,999

    Price

  • Apr 20, 2023

    Date

    Active

    CRMLS: ML81925052

    $2,494,998

    Price

  • Listing provided courtesy of CRMLS

  • August, 2023

  • Aug 9, 2023

    Date

    Canceled

    CRMLS: ML81925052

    $2,394,999

    Price

  • Apr 20, 2023

    Date

    Active

    CRMLS: ML81925052

    $2,494,998

    Price

  • Listing provided courtesy of CRMLS

  • April, 2023

  • Apr 20, 2023

    Date

    Active

    CRMLS: ML81925052

    $2,494,998

    Price

  • January, 2015

  • Jan 26, 2015

    Date

    Price Change

    CRMLS: ML81425439

    $1,599,000

    Price

  • Listing provided courtesy of CRMLS

    Rare opportunity,4 plex income property in Lynbrook High, new paint, new window, one unit 3 bedrooms 2 bath with laundry inside & large front yard for entertaining is perfect for owner occupy, the other 3 units are 2 bedrooms 1 bath, long term tenants, rent below market price. Please don't miss the opportunity.Buyer to cooperate seller 1031 exchange.

  • September, 2014

  • Sep 5, 2014

    Date

    Sold (Public Records)

    Public Records

    $1,647,000

    Price

  • June, 2008

  • Jun 20, 2008

    Date

    Sold (Public Records)

    Public Records

    $1,238,000

    Price

Show More

Tax History for 7240 Bark Ln #1

Assessed Value (2020): $1,809,947
Year Land Value Improved Value Assessed Value
2020 $1,260,480 $549,467 $1,809,947

Home Value Compared to the Market

This property vs the competition

7240 Bark Ln #1 is listed 102.97% higher than the median list price for the city of San Jose which has a median list price of $1,180,000. The median price per/sqft for San Jose is $738 and this home is listed at $709.21 per/sqft which puts the price per square foot 3.9% lower than the median price per square foot for the city of San Jose.

About 7240 Bark Ln #1

Detailed summary of property

7240 Bark Ln #1 is a fourplex located in San Jose, CA 95129 and is currently for sale. This fourplex offers -- bedrooms, -- bathrooms, roughly 3,377 living square feet, and sits on an approximately 6,085 square foot lot. 7240 Bark Ln #1 was first listed on ArdentRealEstateGroup.com on June 5, 2023. The homeowner is currently asking $2,394,999 and was originally asking $2,494,998. The median priced home in San Jose is $1,180,000 with a median price per square foot of $738. Based on Ardent Real Estate Group's San Jose Market Data, this home is listed 102.97% higher than the median priced home. Local competing homes currently for sale include 3341 Cahuenga Blvd, 2620 S Barrington Ave and 8611 Rosewood Ave. While the average home in San Jose, CA is selling in 257 days, 7240 Bark Ln #1 has a days on market of 373 days. There are currently 3738 homes for sale in the San Jose real estate market and 2577 of them are single family homes while 686 of them are condos and 471 are townhomes. For more information on this home for sale at 7240 Bark Ln #1 San Jose, CA 95129 contact Ardent Real Estate Group and we will put you in touch with one of our San Jose agents.

Public Facts for 7240 Bark Ln #1

Public county record property details
Beds
--
Baths
--
Year built
1961
Sq. Ft.
3,377
Lot Size
6,027
Stories
2
Type
Triplex (3 Units, Any Combination)
Pool
No
Spa
No
County
Santa Clara
Lot#
--
APN
372-24-015

The source for these homes facts are from public records.

95129 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$1,888,000
Median List Price/Sq.Ft.
$1,088
Median Sold Price
$2,400,000
Median Sold Price/Sq.Ft.
$1,496
Total Inventory
180
Median Sale to List Price %
110.34%
Avg Days on Market
13
Loan Type
Conventional (78.26%), FHA (0%), VA (0%), Cash (21.74%), Other (0%)

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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.

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