Great for 2 families to share – 2038 sqft house
1139 Traughber St, Milpitas
$675,000
* Status: Active
* Bedroom: 6+
* Bathroom: 4
* Year Built: 1971
* Lot Size: 6000
* Square Footage: 2038
* List Date: 11/1/2007
* Garage Spaces: 2
* MLS#: 760755
This SFH is divided into 2 units. 1st unit was built in 1971, has 3 br,2 bath, 1020 S.F, rents for $1500. 2nd unit was built in 2001 w/permit , has 3 br, 2 bath, aprox. 1018 S.F , rents for $1500. Perfect for two families wanting to share costs but still have privacy…MAKE AN OFFER!
Features for 1139 Traughber Street, Milpitas
Sorry for the size of this image. But I had to save it as high quality to ask you a question: Is that a car in front of the front door? Or a ghost of a car?
I really can’t tell!
But aside from that, nothing represents the dynamic and entrepreneurial lifestyles of the Bay Area like this house! Besides the guaranteed appreciation (once Milpitas returns to the Bay Area in 2011), but you also get this amazing revenue stream from living in it. Woot!
Maybe you can get an IPO for the rental unit…
May 1st, 2008 at 8:27 am
Actually this one isn’t too bad.
It is a house converted into a duplex, you still have a backyard (though I doubt it can be large) and a better neighborhood, so it is better than a duplex. And 3/2 duplex selling for $330k is not a bad deal for NOW. I think the most it will go down to is $250k at the bottom, only that it takes two families to buy this duplex.
So east bay prices are fast approaching affordability.
May 1st, 2008 at 8:44 am
I agree… it’s still too much, but it’s getting into the realm of the not-insane.
Depending on what’s inside, of course. I’m dubious about the 6 br.
May 1st, 2008 at 8:49 am
For those of you who say you are priced out, have you considered buying a duplex and renting out 1 unit? That’s an alternative to buying a cheapo starter home.
May 1st, 2008 at 8:59 am
Definitely considered it, we had friends who did that successfully elsewhere. Commute has been prohibitive to most of the ones I’ve seen, but the idea is on the table. It’s more b/c parents are going to move in w/ us at some point, though, so it has to be a good layout & a walkable neighborhood. Questionable whether it will actually work.
May 1st, 2008 at 9:08 am
How could they forget to mention that it is “easy access to freeway“? It is right next to Jacklin Rd ramps.
Last sale: 10/28/2005 for $800,000
with 100% financing. First loan ($640K) is variable rate. It seems total rent $3000 could not cover the mortgage payments. Another jingle mail case?
In any case, spring bounce is here. The listing is gone. Most likely it was sold way over the last sale price of $800K with multiple offers. If that is the case, Milpitas is about to enter in the map of RBA!
May 1st, 2008 at 1:07 pm
The problem I have with Milpitas is just the landfill smells to high heaven every hot day. I lived there for 6 months for a summer internship and that smell was EVERYWHERE
May 1st, 2008 at 1:13 pm
This is one of the Bay Area values I’ve seen here on burbed. It’s only priced at twice what it should be. Looking at the house on Google street view, I can understand why that would be. It is fugly with nearly every inch of the yard covered with concrete to provide parking. Without the satisfaction of mowing the grass, I don’t think I can buy it.
http://maps.google.com/maps?ie=UTF8&oe=utf-8&client=firefox-a&q=1139+Traughber+St,+Milpitas,+CA+95035,+USA&ll=37.449616,-121.884727&spn=0.013492,0.046134&z=15&layer=c&cbll=37.445003,-121.889676&cbp=1,355.6657904802642,,0,2.877284705669812
May 1st, 2008 at 1:14 pm
>>Definitely considered it, we had friends who did that successfully elsewhere.
There you go. There is always a way to get into the market and build equity. Once you have equity, you mvoe up from there.
Those who spend all day tracking sales numbers here and feeling sorry for themselves are losers.
May 1st, 2008 at 1:18 pm
Live in wonderful Milpenis, AKA South Fremont, and tell your kids to go play on the freeway.
Honestly, the highlight of Milpenis culture is the roller rink, which is a good place to keep up with hip-hop culture.
May 1st, 2008 at 1:35 pm
Looking at the house on Google street view, I can understand why that would be. It is fugly with nearly every inch of the yard covered with concrete to provide parking.
—————
Have you seen the the satellite view? Five cars parked and it is in daytime. Now guess how many cars were parked in night.
From satellite view I can see a small piece of backyard with grass. But it does not look like a maintained one.
May 1st, 2008 at 2:33 pm
I don’t think it is either a car or a ghost of a car. I think it’s the back end of a car. You know how they put the front end of a car on the wall in places like Hard Rock Cafe? Well, this is where all the back ends of those cars go, the front door of a duplex in Milpitas.
Pralay reports a satellite photo showing five cars. That suggests 4 and 3/4 of them were photoshopped out.
May 1st, 2008 at 2:50 pm
You know how they put the front end of a car on the wall in places like Hard Rock Cafe? Well, this is where all the back ends of those cars go, the front door of a duplex in Milpitas.
———–
So I guess, like Funky Door Yoga, this is Funky Door Duplex with the backend of car as door.
May 1st, 2008 at 3:00 pm
This really is Milpitas week on burbed. I’d like to nominate some more non-RBA zips:
1. Newark
2. Story Road, SJ
3. Alviso
4. Houses near SJ airport or Reid-Hillview
5. East Palo Alto & East (of 101) Menlo Park
May 1st, 2008 at 3:14 pm
Dude, you guys are asking for too much, look at it as a duplex with at least your own parking and a backyard. Though I do see that it might be close to the freeway with Winston’s link.
Milpitas is certainly no cupertino, but it is a nice small town comparing to most of Fremont and north of Fremont, and much of San Jose. If you live a couple of miles from 880 you are fine.
I think it is not too bad does not mean that I will buy it either, this is for someone looking for rental income (though at this price it is still not there).
May 1st, 2008 at 4:25 pm
I can’t see any appeal to Milpitas. To me it’s a step down from either Fremont or East San Jose, but this house is only double what it should be which is unusually good for the South Bay. I expect that there’s a falling-knife-catcher that will snap this one up pretty quickly.
May 1st, 2008 at 4:32 pm
I expect that there’s a falling-knife-catcher that will snap this one up pretty quickly.
———-
I guess, it already found a knife-catcher. The listing is gone.
May 1st, 2008 at 4:33 pm
Sorry about the negativity, but, San Jose, Milpitas, Fremont all blow. I would only move back to Santa Clara county… wait, no, I would never move back there. I’d rather go unemployed than move back to there.
May 1st, 2008 at 5:13 pm
Careful what you wish for, MSG. You may get it.
May 1st, 2008 at 8:40 pm
“RealEstater Says:
May 1st, 2008 at 1:14 pm
>>Definitely considered it, we had friends who did that successfully elsewhere.
There you go. There is always a way to get into the market and build equity. Once you have equity, you mvoe up from there.
Those who spend all day tracking sales numbers here and feeling sorry for themselves are losers.”
That’s right. Winners go on blogs and brag about their Porsches and over-priced real estate. Twit.
May 1st, 2008 at 8:59 pm
Lionel,
I’ve been saying all along I’m just the average Silicon Valley tech guy. Not sure how you interpret well intentioned advice to help people get into a home as bragging.
May 1st, 2008 at 9:01 pm
>>Definitely considered it, we had friends who did that successfully elsewhere.
There you go. There is always a way to get into the market and build equity. Once you have equity, you mvoe up from there.
Well, thanks. However, the people we know who did that, did it in 1995. If, after consideration, I thought it was a good idea for us here & now, I would’ve done it.
May 1st, 2008 at 9:14 pm
>>Well, thanks. However, the people we know who did that, did it in 1995. If, after consideration, I thought it was a good idea for us here & now, I would’ve done it.
When it’s 2025, people will look back and say the same thing about now. At some point you need to wrap up the thinking part and just take action.
January 17th, 2009 at 5:29 am
correct cash advance fact…
Medicare Kimball Bleeker!quartering plebeian portmanteau,…