10414 Lockwood Drive, Cupertino, CA 95014

SSold for $1,350,000

 
 
Property Overview/td>
10414 LOCKWOOD DR
Cupertino (Cupertino) 95014
Cupertino (Area 18)
Santa Clara County
Multi Family Residential (Class 3)
City Limits: --
Unincorporated: No
# Bdlg/# Units: 1 / 2
SqFt: 3014 (Data by Seller)
Lot Size: 8,276 sq ft (Data by Assessor)
Yr Built / Age: 1963 / 46 years
Parcel #: 342-29-040
Zone: R242
Tract:
Complex:
Commission: 2.50%
Remarks
TOP RATED SCHOOLS!!! MONTA VISTA-KENNEDY-STEVENS CREEK.ONE LOOK SAYS IT ALL, YOU SEE YOU BUY. OWNER SPENT OVER $200,000 IN UPGRADES! REDONE TOP TO BOTTOM.TOP QUALITY MATERIALS USED.NEW ROOF-WINDOWS-COPPER PLUMBING-HEATING/AC-CUSTOM WOOD FLOORS-DESIGNER KITCHEN & BATHS.MUCH MUCH MORE!!!LARGE LOT.SPACIOUS DUPLEX 2/2 & 3/2 LIVE IN ONE-RENT THE OTHER.GREAT AREA NEAR PARK.
Private : OFFER SUBJECT TO INSPECTION.$6,000 INCOME MONTHLY. UNIT B VACANT SHOW FROM 8:00 AM TO 7:00 PM "DO NOT DISTURB UNIT A."THANK YOU!
Dates
List: 05/13/2009
Original: 05/13/2009
Sale:
COE:
Expires: 09/30/2009
OffMarket:
Pricing
List: $1,445,000
Original: $1,495,000
Sale: - -
Schools/Districts
Elem: - -Cupertino Union School
Middle: John F. Kennedy Middle
High: Monta Vista HighFremont Union High
Map
X-street: VOSS
Barclay: Pg: 51 Hz: 18 Vt: 65
Thomas Pg: 851 Grid: J1  
Directions: - -
Showing Information
Occupant: - -
Occupied By: Tenant
Phone: - -
Owner: ARITA TRUST
Add'l Owner: - -
Instructions: Supra Keysafe, Go Direct, Do Not Disturb Occupants, Restricted Hours, Make Offer Subject to Inspection
Tour Information
Tour 1: - -
Assoc 1: - -
Tour 2: - -
Assoc 2: - -
Original: - -
Remarks: - -
Open House Info
No open house available
Listing Agent/Office Information
Rick Finamore (DRE#00676250)
Finamore Realty
Pref-Phone: 408-221-8444
Agent Fax: 408-782-1922
Office Phone: 408-244-9630
Office Fax: 408-782-1922
Email: finamorerealty@earthlink.net
- -
Unit Descriptions
  #Bd/#Ba; Rental Price Approx Sq Ft   #Units Rental Range Sq Ft Range
Unit 1: 2 / 2.00 $2,650 1,314 Studio - - - -
Unit 2: 3 / 2.00 $3,350 1,700 1Bd/1Ba - - - -
Unit 3: - - / - - - - - - 2Bd/1Ba - - - -
Unit 4: - - / - - - - - - 2Bd/1+Ba - - - -
3Bd/1Ba - - - -
3Bd/1+Ba - - - -
  Other - - - -
Property Features
Number Of Units
2 Units

Unit Types In Building
2 Bedroom Unit(s)
3 Bedroom Unit(s)

Laundry Facilities
Laundry Area - In All Units
Washer/Dryer - Owned
Washer/Dryer - All Units
220 Volts in Laundry Area

Floor Covering(S)
Area Carpeting
Hardwood

Energy Features
    - -

Foundation
Concrete Perimeter

Insulation
    - -
Roof
Composition Roof

Building/Stories
2 Stories

Flood Area
No-Flood Zone
Listing Includes
Carpets - All Units
Dishwasher - All Units
Disposal - All Units
Microwave - All Units
Oven/Range - All Units
Refrigerator - All Units
Window Coverings - All Units

Additional Features
Decking
Fireplace
Lawn Sprinklers

Cooling
Central Air Conditioning

Heating
Central Forced Air Heat

Special Features
Private Patio

Association Documents
    - -
Lot Description
Level Lot

Water
City/Public Water

Sewer Or Septic
Sewer in & Connected

Meters
Individual Electric Meter
Individual Gas Meter

Earthquake Fault Zone
No-Fault Zone

View
View of Mountains

Horse Property
    - -

Horse Property Description
    - -
Garage/Parking
Electric Door or Gate Opener
Garage - Private (Multi-Res)
Off Street Parking
RV or Boat Parking

Expenses:Existing Annl Operating
Gardener
Property Tax
Sewer
Water
Garbage

Source Of Financial Information
Owner
Financial & Supporting Information:
Annual Income Annual Expenses Other Financial Information
Rental Income: $72,000 Real Estate Taxes: $17,500 Total Loans:             
Laundry:              Insurance: $1,800 Current Taxes:             
Other Income:              Management:              Gross Rent Multiplier: 20.07
Gross Sched. Income: $72,000 Gas & Electric:              Capitalization Rate: 3.47
Vacancy Factor:              Water & Sewer: $900 Net Income: $50,180
Vacancy Amount:              Maintenance:              City Transfer Tax: N
Gross Income: $72,000 Garbage: $420 Source: Owner
Miscellaneous:             
Landscape: $1,200
Total Expenses: $21,820
Annual Expenses: $21,820
Owner Pays: Garbage, Gardener, Water
Tenant Pays: Gas, Heating, Hot Water, Cable TV, Electric
Loans & Rental Terms
Existing Loan Second Loan Third Loan
Conventional Loan                          
New Terms Existing Rental Terms
All Cash or Conventional Month-to-Month Rental(s)
Listing Agreement Scope:
Full Service
Listing Agreement Type:
Exclusive Right to Sell(ER)
Additional Listing Info:
Not Applicable / Not Disclosed
Commission Type:
Standard
 
Possession:
            
Documents:
Geological/Flood Report, Permits-Specify in Remarks, Preliminary Title Report, Real Estate (TDS), Rental/Lease Agreements
Special Information:
            
Tax Records:
Data Source:
First American Real Estate Solutions (FARES)
Owner Of Record:
ARITA TRUST
Mailing Address:
942 LOCKWOOD DR CUPERTINO, CA 95014-2616
Year Built:
1963
Approx Sq Ft:
2,573
Percent Improved:
64%
Assessed Value:
$1,400,000
Actual Lot Size:
8,276
Deed Number:
- -
Zoning:
R242
Tax Rate Area:
13026
Property Use Code:
115
Census Tract:
5077034005
Transfer Value:
$1,400,000
Tax Amount:
$6,100.20