$1,150,000
SOLD JUL 15, 2025
4 Beds
2 Baths
1,884 Sq Ft
6,303 Sq Ft Lot

Recently Sold

$610 Per Sq Ft

11% Below List Price

25 Days on Market

About This Home

As of July 2025

Duplex in Japantown delivered 100% vacant! Marcus & Millichap is proud to exclusively present 556-558 North 4th Street, a spacious duplex in the heart of San Jose's historic Japantown. Built in 1978, this single-story property features two spacious two-bedroom, one-bathroom units totaling 1,884 square feet of living space, situated on a 6,302-square-foot lot. The back unit (558) is currently vacant and move-in ready, while the front unit (556) will be vacated by the end of June, providing investors or owner-users with maximum flexibility. Located just steps from Roy's Station and the shops, restaurants, and cultural landmarks of Japantown, the property offers a walkable, community-oriented environment with close proximity to downtown San Jose and Silicon Valley job centers. With such a fantastic location, this property is a solid investment for steady rental income or for owners to modify to fit their own needs: convert the large parking area into a backyard oasis, or convert the back unit to a three bedroom back unit while retaining a spacious 1/1 in front for ongoing income generation, the potential is endless!

Last Agent to Sell the Property

Jimmy Castellanos

Marcus & Millichap License #02024152 Listed on: 05/27/2025

Last Buyer's Agent

Lucy Cai

Keller Williams Thrive License #01323003

Keller Williams Thrive

Property Details

Home Type

  • Multi-Family

Year Built

  • 1978

Lot Details

  • 6,303 Sq Ft Lot

Home Design

  • Duplex
  • Wood Frame Construction
  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,884 Sq Ft Home
  • 1-Story Property
  • Gas Cooktop
  • Washer and Dryer

Parking

  • 4 Parking Spaces
  • Assigned Parking

Utilities

  • Cooling System Mounted To A Wall/Window
  • Wall Furnace

Listing and Financial Details

  • Total Actual Rent $76,200

Community Details

Overview

Building Details

  • Gardener Expense $1,800
  • Insurance Expense $2,000
  • Maintenance Expense $1,000
  • Utility Expense $1,800
  • Trash Expense $1,200
  • Operating Expense $25,173
  • Gross Income $76,200

Property Details

Home Type

Multi-Family

Year Built

1978

Lot Details

0

Listing Details

  • Zoning: RM
  • Subclass: Duplex
  • Age: 47
  • Listing Class: Residential Income (2-4 Units)
  • Structure Sq Ft: 1884
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1978

Interior Features

  • Kitchen: Cooktop - Gas
  • Living Sq Ft: 1884
  • Stories: 1
  • Laundry: Washer / Dryer

Exterior Features

  • Foundation: Concrete Perimeter
  • Roof: Composition
  • Construction Type: Wood Frame

Garage/Parking

  • Parking Spaces: 4
  • Garage Parking Features: Assigned Spaces

Utilities

  • Cooling System: Window / Wall Unit
  • Heating System: Wall Furnace
  • Sewer/Septic System: Sewer - Public

Schools

  • School District: San Jose Unified

Lot Info

  • Lot Acres: 0.1447
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 6302.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 6302.00

Rental Info

  • Gross Rent Multiplier: 17.05

Multi Family

  • Utilities: Public Utilities
  • Expense Insurance: 2000
  • Expense Landscape: 1800
  • Expense Maintenance: 1000
  • Expenses Total: 25173
  • Expenses Utility: 1800
  • Expense Trash: 1200
  • Income Annual Gross: 76200.00
  • Income Annual Rental: 76200
  • Income Gross Scheduled: 76200
  • Income Includes: Rents
  • Meters: Master Water, Separate Electric, Separate Gas
  • Number Of Buildings: 1
  • Operating Expenses Include: Fee - Property Tax, Insurance, Maintenance - Repair, Services - Gardener, Utilities - Water
  • Tenant Expenses: Utilities - Electric, Utilities - Gas

Similar Homes in San Jose, CA

  • 467 N 13th St, San Jose, CA 95112

    $1,299,900

    • 3 Beds
    • 3 Baths
    • 1,350 Sq Ft
    • 467 N 13th St
    • San Jose, CA

    Meticulously maintained Home with Permitted ADU located in the heart of Silicon Valley in downtown San Jose. This Home offers a spacious 1,350 sq ft functional floor plan. Cozy living room with wood burning fireplace, formal dining room, 3 bedrooms and 2 full bathrooms. Large kitchen with plenty of cabinetry and stainless steel appliances. Basement offers additional space for storage or

    Lizzeth Flores Infinite Real Estate

    Section Image
  • 167 E Saint John St, San Jose, CA 95112

    $1,199,888

    • 5 Beds
    • 3 Baths
    • 2,340 Sq Ft
    • 167 E Saint John St
    • San Jose, CA

    Welcome to this charming duplex nestled in the heart of San Jose, boasting a spacious 2,340 square feet of living space. This property offers a comfortable lifestyle with a thoughtfully designed kitchens that features a 220-volt outlet, ideal for modern appliances and culinary enthusiasts. Major updates to kitchens, bathrooms, flooring, electrical, plumbing, and foundation to name a few. The home

    Garcia Team Camino Real Realty- Branch

    Section Image
  • 92 N 6th St, San Jose, CA 95112

    $1,450,000

    • 6 Beds
    • 5 Baths
    • 2,976 Sq Ft
    • 92 N 6th St
    • San Jose, CA

    92 N 6th Street is a well maintained fourplex in the heart of Downtown San Jose. The property is located steps from City Hall, the iconic Miro Towers, San Pedro Square, and a growing collection of upscale dining destinations. The property features a unique mix including a versatile 2-bed 2-bath unit with two separate entrances, dual living areas, and dual kitchen layouts, including dual gas &

    Mitchell Zurich Marcus & Millichap

    Section Image
  • 1085 N 4th St, San Jose, CA 95112

    $1,100,000

    • 4 Beds
    • 2 Baths
    • 1,488 Sq Ft
    • 1085 N 4th St
    • San Jose, CA

    Live in One Unit, Rent the Other! Ever dreamed of owning a home and making rental income at the same time? This is the Perfect Home and Income Opportunity in San Jose! This desirable duplex in the Hyde Park neighborhood might be the perfect fit! Located just north of San Joses Historic Japantown, youll enjoy a vibrant mix of culture, shopping, dining, entertainment, and convenience, all just

    Jaimie Gonzalez Corcoran Icon Properties

    Section Image
  • 59 S 11th St, San Jose, CA 95112

    $1,449,000

    • 6 Beds
    • 5 Baths
    • 2,000 Sq Ft
    • 59 S 11th St
    • San Jose, CA

    Spacious and unique 2-story Victorian house with large backyard and deattached cottage. Home is 2,000 sqft, 5bd/4ba with high ceilings and a fireplace on the first floor. 2 of the bedrooms and bathrooms are on the 1st floor for ease of access. The cottage adds another 1bd/1ba, 554 sqft of living space and has its own laundry and private garden. The property can accommodate large and/or

    Dong Pham Silicon Financing

    Section Image
  • 188 S 14th St, San Jose, CA 95112

    $1,200,000

    • 2 Beds
    • 3 Baths
    • 2,226 Sq Ft
    • 188 S 14th St
    • San Jose, CA

    New Listing. Opportunity abounds to possibly retain multi-unit property status! OR refine the existing 3-unit to a future 2-unit. OR restore Victorian-style back to original splendor with modern amenities. Existing large parcel space provides opportunity for a convenient garage / workshop combo and/or an ADU. All opportunities contingent upon what City of San Jose will allow. Owner purchased

    Kevin Cole Keller Williams Thrive

    Section Image
  • 987 E William St, San Jose, CA 95116

    $1,300,000

    • 5 Beds
    • 4 Baths
    • 2,734 Sq Ft
    • 987 E William St
    • San Jose, CA

    Welcome to 987 East William Street located in the Olinder - Brookwood Terrace neighborhood of San Jose. This 3 Unit triplex style property offers a spacious 3 bedroom 2 bath 1,368 SF home on the ground floor. The second floor includes two 1 bedroom 1 bath units each consisting of approximately 683 SF for a total building SF of 2,734. Ample onsite parking plus additional parking on the street.

    Dave Solomon Coldwell Banker Realty

    Section Image
  • 939 S 7th St, San Jose, CA 95112

    $1,095,000

    • 5 Beds
    • 3 Baths
    • 1,596 Sq Ft
    • 939 S 7th St
    • San Jose, CA

    Well maintained duplex in the heart of San Jose. Both units are tenant occupied but can be a great owner occupy opportunity with rental income. Large expansive lot offers plenty of options to expand.

    Michael Shields SiliconValley MultiFamilyGroup

    Section Image
  • 961 S 7th St, San Jose, CA 95112

    $1,045,000

    • 2 Beds
    • 2 Baths
    • 1,048 Sq Ft
    • 961 S 7th St
    • San Jose, CA

    Well maintained duplex in the heart of San Jose. Both units are tenant occupied but can be a great owner occupy opportunity with rental income. Large expansive lot offers plenty of options to expand.

    Michael Shields SiliconValley MultiFamilyGroup

    Section Image

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
07/15/2025 07/15/25 Sold $1,150,000 -11.5% $610 / Sq Ft
06/22/2025 06/22/25 Pending -- -- --
05/27/2025 05/27/25 For Sale $1,299,000 -- $689 / Sq Ft
Source: MLSListings

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: MLSListings

MLS Number: ML82008435

MLSListings

APN: 249-40-023