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Sold for $1,550,000
  • $1,550,000

    940-942 Gretchen Ln, San Jose, CA 95117

    4beds
    2baths
    1,536sqft
    Duplex, Residential Income
    Built in 1960
    -- sqft lot
    $1,583,600 Zestimate®
    $1,009/sqft
    $3,854 Estimated rent

    Home value

    $1,583,600

    $1.44M - $1.74M

    $3,854/mo

    Zestimate® history
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    $3,854/mo

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    $3,854/mo

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    $10,019/mo

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    $10,019/mo

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    What's special

    OUTSTANDING OPPORTUNITY | Come see and don't miss your chance to own a DUPLEX in the West San Jose / Campbell / Saratoga area. Perfect for buyers seeking to benefit from the savvy solution to reside in their own home while leasing the other to generate additional income. Fantastic opportunity for investors as both units have provided consistent long-term investment income. The total structure consists of 4 bedrooms, 2 bathrooms; spread across 1,536 square feet and split into 2 units. Both units are 2 bedroom, 1 bathroom homes that each feature its own central AC and heat, washer/dryer hookups, attached one-car garage, amply sized backyard, front yard and secluded front patio. Unit 940 is already tenant occupied and lovingly maintained, while unit 942 is freshly painted, ready to see and for moving in. Adding value are the convenient commute options being near expressways and highways 280, 85 and 880. Additionally, the property is in a desirable area being situated in the highly regarded Moreland school district & moments away from plenty of diverse dining and shopping options at Valley Fair, Santana Row and Westgate Center. Some photos virtually staged.

    Zillow last checked:

    Listing updated:

    Listed by:

    Ron Laserna 01490163 408-484-4413,

    Coldwell Banker Realty 408-723-3300

    Bought with:

    Minhua Jin, 01246488

    Coldwell Banker Realty

    Source: MLSListings Inc,MLS#: ML81962656MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 2
    Kitchen
    • Features: VariesbyUnit
    Heating
    • Central Forced Air
    Cooling
    • Ceiling Fan(s), Central Air
    Appliances
    • Included: Dishwasher, Disposal, Oven/Range, Refrigerator, Washer/Dryer Some Units
    • Laundry: Hookups Only
    Features
    • Windows: Skylight(s)
    Interior area
    • Total structure area: 1,536
    • Total interior livable area: 1,536 sqft

    Property

    Parking
    • Total spaces: 2
    • Parking features: Attached, On Street
    • Garage spaces: 2
    • Has carport: Yes
    Accessibility
    • Accessibility features: Parking
    Features
    • Stories: 1
    Lot
    • Size: 6,534 Square Feet
    Details
    • Parcel number: 29936022
    • Zoning: R2
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Duplex, Residential Income
    Materials
    • Foundation: Concrete Perimeter
    • Roof: Composition
    Condition
    • Year built: 1960

    Utilities & green energy

    • Gas: IndividualGasMeters, PublicUtilities
    • Water: Public
    • Utilities for property: Public Utilities, Water Public, Individual Electric Meters, Individual Gas Meters

    Community & HOA

    Location
    • Region: San Jose

    Financial & listing details

    • Price per square foot: $1,009/sqft
    • Annual tax amount: $13,552
    • Date on market: 4/24/2024
    • Listing agreement: ExclusiveRightToSell
    • Inclusions: DishwasherSomeUnits, Other, OvenRangeSomeUnits
    • Lease term: Month To Month

    Price history

    DateEventPrice
    6/7/2024Sold$1,550,000+7%$1,009/sqft
    Source: MLSListings Inc #ML81962656 Report a problem
    5/9/2024Pending sale$1,449,000$943/sqft
    Source: MLSListings Inc #ML81962656 Report a problem
    4/24/2024Listed for sale$1,449,000$943/sqft
    Source: MLSListings Inc #ML81962656 Report a problem

    Public tax history

    Tax history is unavailable.

    Neighborhood: West San Jose

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • District: MorelandElementary

    Source: MLSListings Inc. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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    Estimated market value
    $1,583,600
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $1,583,600