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$1,478,888   Price Analysis
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1375 Tami Lee Dr
San Jose, CA 95122
8 bed 4 bath 3,264 SqFt ($453/SqFt)
7,841SqFt lot. Built 1970
Listed 2024-07-10, HOA $280, Taxes $4,330
Ⓧ USDA Ineligible
due to price & location

near San Jose

1375 Tami Lee Drive presents an enticing investment opportunity.

This 4-plex offers blend of long-term tenants, each residing in 2-bedroom/1-bath units spanning approximately over 800 square feet and generating 112, 440/ year. Unit #1- $2, 400, #2- $2, 400, #3- $ 2, 400, #4- $2, 170. HOA fee of 482/month.

The property comes with a high demand for the residential area, ensuring consistent rental income. With its strategic proximity to schools, parks, shopping centers and major freeways (101/280/680), this multifamily gem is priced best for the right investors. Owner willing to accept bitcoin or other cryptocurrencies!


Presented by Jose Pulido at
Realty One Group Infinity.


Property MLS #ML81972606 from MLSListings

Bedrooms: 8

Appliances - Vary by Unit
Cooktop - Electric
Countertop - Tile
Garbage Disposal
Oven - Electric

Full Bathrooms: 4

Heating Features: Wall Furnace

Flooring: Carpet, Marble, Tile, Vinyl / Linoleum

Lot Size Acres: 0.1800046
Lot Size Square Feet: 7841

Parking Features: Assigned Spaces, Metered or Fee
Parking Total: 5

Association: Yes
Association Fee: 280
Calculated Total Monthly Association Fees: 280
Gardener Expense: 1200

Number of Buildings: 1
Number of Units: 4
Bedrooms in Unit-1: 2
Bedrooms in Unit-2: 2
Bedrooms in Unit-3: 2
Bedrooms in Unit-4: 2
Full Bathrooms in Unit-1: 1
Full Bathrooms in Unit-2: 1
Full Bathrooms in Unit-3: 1
Full Bathrooms in Unit-4: 1
Unit 1 Total Actual Rent: 2400
Unit 2 Total Actual Rent: 2400
Unit 3 Total Actual Rent: 2400
Unit 4 Total Actual Rent: 2170

Elementary School District: Franklin-McKinley Elementary
High School District: East Side Union High

Santee Elementary School is a public elementary school located approximately 0.1 miles away.
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Bridges Academy is a public middle school located approximately 0.3 miles away.
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Yerba Buena High School is a public high school located approximately 0.6 miles away.
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Most Holy Trinity School is a private elementary and middle school located approximately 1 miles away.
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Gross Scheduled Income: 113340
Income Includes: Parking

Horse Amenities: No

Annual Tax Amount: 20804
Source Listing Status: Active
County: Santa Clara
Source Property Type: Residential Income (2-4 units)
Inclusions: Building
Insurance Expense: 1666
Area: South San Jose
Source Neighborhood: South San Jose
Parcel Number: 477-32-136
Postal City: SAN JOSE
Professional Management Expense: 100
Trash Expense: 3069
Zoning: RM
Property Subtype: Fourplex
Source System Name: C2C

YearAssessments
Building + Land
Total
Tax
2022$145,842 + $32,193
$178,035
$4,330
2021$142,983 + $31,562
$174,545
$4,217
2020$141,517 + $31,239
$172,756
$4,098
2019$138,743 + $30,627
$169,370
$3,957
2018$136,023 + $30,027
$166,050
$3,926
2017$133,356 + $29,439
$162,795
$3,863
2016$130,742 + $28,862
$159,604
$3,667
2015$128,779 + $28,429
$157,208
$3,563
2014$126,257 + $27,873
$154,130
$3,357
2013$125,687 + $27,748
$153,435
$3,356
2012$123,223 + $27,204
$150,427
$3,352
2010$120,807 + $26,671
$147,478
$3,206
2009$120,190 + $26,535
$146,725
$3,121
2009$119,905 + $26,472
$146,377
$3,121
2008$117,834 + $26,015
$143,849
$2,797
2007$115,524 + $25,505
$141,029
$2,678

Price Changed 2024-07-23
$1,478,888
MLSListings
Listed 2024-07-10
$1,488,888
MLSListings
Sold 2022-07-20
$1,458,500
Public Record
Sold 1977-08-01
$81,800
Public Record

Operating Expense: 36123
Operating Expense Includes: Fee - Association, Fee - Property Management, Fee - Property Tax, Insurance, Services - Gardener, Services - Trash Removal, Utilities - Electric, Utilities - Water, Vacancy Factor

Total Square Feet Living: 3264
Year Built: 1970
Construction Materials: Wood
Foundation Details: Concrete Slab
Property Age: 54
Roof: Flat / Low Pitch, Rolled Composition
Levels or Stories: 2
Total Area Sqft: 3264
Year Built Source: Assessor

Special Features: Parking

Sewer: Sewer - Public
Public Utilities
Water Source: Public
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The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.