Seller's Agent in 2025
Jimmy Castellanos
Marcus & Millichap
(408) 483-5040
3 in this area
80 Total Sales
558 N 4th St San Jose, CA 95112
Japantown Neighborhood
4
Beds
2
Baths
1,884
Sq Ft
6,303
Sq Ft Lot
About This Home
As of July 2025Duplex 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
Marcus & Millichap License #02024152 Listed on: 05/27/2025
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
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Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 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
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $11,286 | $779,013 | $477,125 | $301,888 |
| 2024 | $11,286 | $763,739 | $467,770 | $295,969 |
| 2023 | $5,833 | $297,579 | $117,225 | $180,354 |
| 2022 | $5,755 | $291,745 | $114,927 | $176,818 |
| 2021 | $5,546 | $286,025 | $112,674 | $173,351 |
| 2020 | $5,322 | $283,093 | $111,519 | $171,574 |
| 2019 | $5,157 | $277,543 | $109,333 | $168,210 |
| 2018 | $5,011 | $272,102 | $107,190 | $164,912 |
| 2017 | $4,947 | $266,768 | $105,089 | $161,679 |
| 2016 | $4,776 | $261,538 | $103,029 | $158,509 |
| 2015 | $4,729 | $257,611 | $101,482 | $156,129 |
| 2014 | $3,840 | $252,566 | $99,495 | $153,071 |
Source: Public Records
Agents Affiliated with this Home
-
Jimmy Castellanos
-
Lucy Cai
Buyer's Agent in 2025
Lucy Cai
Keller Williams Thrive
(408) 466-9999
1 in this area
26 Total Sales
Map
Source: MLSListings
MLS Number: ML82008435
APN: 249-40-023
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