NOT LISTED FOR SALE

402 N 2nd St San Jose, CA 95112

Japantown Neighborhood
4 Beds
4 Baths
2,142 Sq Ft
6,098 Sq Ft Lot

Last Sold December 13, 2013

Last sale price $640,000 $299 Per Sq Ft

90 Days on Market

Highlights

  • Baseboard Heating
  • 5-minute walk to Japantown/Ayer Station
  • Carpet
  • Laundry Facilities

About This Home

As of December 2013

Multifamily, Victorian located in historic district. Has four one bedroom, one bath units. Currently rents at $3580.00. The property has approximately 2,142 square feet, a lot size of 6,302 square feet and was built in 1885. Great investment or income property. ***DO NOT DISTURB OCCUPANTS*** could be Victorian or Duplex with two floors and two families.

Last Agent to Sell the Property

Jeb Henley

Jeb Henley, Broker License #00608973 Listed on: 04/23/2013

Last Buyer's Agent

Jeb Henley

Jeb Henley, Broker License #00608973 Listed on: 04/23/2013

Property Details

Home Type

  • Multi-Family

Year Built

  • 1885

Lot Details

  • 6,098

Parking

  • Off-Street Parking

Home Design

  • Quadruplex
  • Composition Roof

Interior Spaces

  • 2,142 Sq Ft Home
  • 2-Story Property
  • Carpet
  • Oven or Range

Utilities

  • Wall Furnace
  • Baseboard Heating
  • Sewer Within 50 Feet

Listing and Financial Details

  • Total Actual Rent $42,960
  • The owner pays for electric, garbage, services - gardener/landscaping, gas, hot water, water

Community Details

Building Details

  • Insurance Expense $665
  • Utility Expense $4,457
  • Trash Expense $1,190
  • Operating Expense $11,656
  • Gross Income $42,960

Additional Features

  • 2,142 Sq Ft Building
  • Laundry Facilities

Property Details

Home Type

Multi-Family

Year Built

1885

Lot Details

0

Listing Details

  • Zoning: RM
  • Subclass: Fourplex
  • Age: 128
  • Inspections Reports: Fault Zone, Flood Zone
  • Sale Price Per Sq Ft: 298.79
  • Listing Class: Residential Income (2-4 Units)
  • Max Numberof Unitsin Complex: 4
  • Min Numberof Unitsin Complex: 4
  • Structure Sq Ft: 2142
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1885

Interior Features

  • Kitchen: Oven Range, Refrigerator
  • Living Sq Ft: 2142
  • Stories: 2
  • Laundry: Community Facility
  • Flooring: Carpet, Varies By Unit

Exterior Features

  • Roof: Composition

Garage/Parking

  • Garage Parking Features: Off-Street Parking

Utilities

  • Heating System: Baseboard, Wall Furnace
  • Sewer/Septic System: Sewer In Street, Sewer Connected

Schools

  • School District: San Jose Unified

Lot Info

  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 6302.00
  • Lot Size Area Maximum Units: Square Feet
  • Lot Size Area Max Search: 6302.00
  • Lot Size Area Min Search: 6302.00
  • Maximum Lot Size: 6302.00

Rental Info

  • Existing Lease Term(s): Month To Month
  • Gross Rent Multiplier: 16.27

Multi Family

  • Expense Insurance: 665
  • Expenses Total: 11656
  • Expenses Utility: 4457
  • Expense Trash: 1190
  • Expense Water Sewer: 978
  • Income Annual Gross: 42960.00
  • Income Annual Rental: 42960
  • Income Gross Scheduled: 42960
  • Income Includes: Lease
  • Maximum Building Height: 2
  • Meters: Separate Electric, Separate Gas, Separate Water
  • Minimum Building Height: 2
  • Number Of Buildings: 1
  • Operating Expenses Include: Utilities - Electric, Services - Trash Removal, Services - Gardener, Utilities - Gas, Utilities - Hot Water, Utilities - Water, Insurance, Maintenance - Repair, Fee - Property Tax, Services - Sewer
  • Owner Pays: Electric, Garbage, Services - Gardener/Landscaping, Gas, Hot Water, Water
  • Tenant Expenses: Cable Tv

Range of Values:

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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/13/2013 12/13/13 Sold $640,000 -17.8% $299 / Sq Ft
07/22/2013 07/22/13 Pending -- -- --
04/23/2013 04/23/13 For Sale $779,000 -- $364 / Sq Ft
Source: MLSListings

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2013

    Jeb Henley

    Jeb Henley, Broker

See All Agents

Map

Source: MLSListings

MLS Number: ML81313527

MLSListings

APN: 249-44-036

California Santa Clara County San Jose 95112 Japantown

402 N 2nd St, San Jose, CA

This home is located at 402 N 2nd St, San Jose, CA 95112 since 23 April 2013. This property was built in 1885. 402 N 2nd St is a home located in Santa Clara County with nearby schools including Grant Elementary School, Muwekma Ohlone Middle, and San Jose High School.

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