NOT LISTED FOR SALE

706 S 2nd St San Jose, CA 95112

Spartan-Keyes Neighborhood
4 Beds
4 Baths
2,520 Sq Ft
4,317 Sq Ft Lot

Last Sold August 31, 2019

Last sale price $1,360,000 $540 Per Sq Ft

10 Days on Market

About This Home

As of August 2019

Excellent 4plex rental incomes in prime downtown location being blocks away from San Jose State University. Moments to future Google Campus, Diridon Station, future BART station and freeways. Partial remodeled, new roof and exterior paint. Fully Rents at $6910/month.

Last Agent to Sell the Property

Alan Nguyen

Infinite Investment Realty Corporation License #01846147 Listed on: 08/09/2019

Last Buyer's Agent

Wendy Chan

WEM Pacific Investment Inc. License #01979091

Property Details

Home Type

  • Multi-Family

Year Built

  • 1912

Lot Details

  • 4,317 Sq Ft Lot

Parking

  • 4 Parking Spaces

Home Design

  • Quadruplex
  • Shingle Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 2,520 Sq Ft Home
  • 2-Story Property

Listing and Financial Details

  • Total Actual Rent $82,920

Community Details

Overview

Building Details

  • 4 Leased Units
  • Gardener Expense $720
  • Insurance Expense $1,500
  • Manager Expense $6,633
  • Utility Expense $1,000
  • Operating Expense $25,605
  • Gross Income $82,920

Property Details

Home Type

Multi-Family

Year Built

1912

Lot Details

0

Listing Details

  • Zoning: CN
  • Subclass: Fourplex
  • Age: 107
  • Listing Class: Residential Income (2-4 Units)
  • Structure Sq Ft: 2520
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1912

Interior Features

  • Living Sq Ft: 2520
  • Stories: 2

Exterior Features

  • Foundation: Concrete Perimeter
  • Roof: Shingle

Garage/Parking

  • Parking Spaces: 4
  • Garage Parking Features: Parking Area

Utilities

  • Sewer/Septic System: Sewer - Public

Schools

  • School District: San Jose Unified

Lot Info

  • Lot Acres: 0.0991
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 4318.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 4318.00

Rental Info

  • Existing Lease Term(s): Lease(s)
  • Gross Rent Multiplier: 16.70
  • Number Of Leased: 4

Multi Family

  • Utilities: Public Utilities
  • Expense Insurance: 1500
  • Expense Landscape: 720
  • Expense Management: 6633
  • Expenses Total: 25605
  • Expenses Utility: 1000
  • Income Annual Gross: 82920.00
  • Income Annual Rental: 82920
  • Income Gross Scheduled: 82920
  • Income Includes: Rents
  • Meters: Separate Electric, Separate Gas, Separate Water
  • Number Of Buildings: 1
  • Tenant Expenses: Rent Only

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
08/31/2019 08/31/19 Sold $1,360,000 -1.8% $540 / Sq Ft
08/20/2019 08/20/19 Pending -- -- --
08/09/2019 08/09/19 For Sale $1,385,000 +20.4% $550 / Sq Ft
08/24/2018 08/24/18 Sold $1,150,000 +15.0% $456 / Sq Ft
07/06/2018 07/06/18 Pending -- -- --
07/02/2018 07/02/18 For Sale $1,000,000 -- $397 / Sq Ft
Source: MLSListings

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Alan Nguyen

    Seller's Agent in 2019

    Alan Nguyen

    Infinite Investment Realty Corporation

    (408) 835-7743

    15 Total Sales

    Section Image
  • Wendy Chan

    Buyer's Agent in 2019

    Wendy Chan

    WEM Pacific Investment Inc.

    (650) 307-4428

    6 Total Sales

    Section Image

  • J

    Seller's Agent in 2018

    Joel Hopman

    Newmark Cornish & Carey

    (650) 688-8536

    39 Total Sales

    Section Image

  • J

    Seller Co-Listing Agent in 2018

    Justin Bautista

    Newmark Cornish & Carey

    Section Image
See All Agents

Map

Source: MLSListings

MLS Number: ML81763948

MLSListings

APN: 472-17-064

California Santa Clara County San Jose 95112 Spartan-Keyes

706 S 2nd St, San Jose, CA

This home is located at 706 S 2nd St, San Jose, CA 95112 since 09 August 2019. This property was built in 1912. 706 S 2nd St is a home located in Santa Clara County with nearby schools including Washington Elementary School, Herbert Hoover Middle School, and Abraham Lincoln High.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

MLSListings Property Information © 2025 MLSListings Inc. All rights reserved. Listing information is deemed reliable but not guaranteed. Certain information contained herein is derived from information which is the licensed property of, and copyrighted by, MLSListings Inc. The viewer acknowledges ownership and validity of its copyright. Information provided is for personal, non-commercial use by a viewer with a bona fide interest in the purchase or sale of real estate of the type being offered via this website or other electronic means. The viewer is prohibited from copying, redistributing or retransmitting any of the data or information provided by MLSListing, Inc.

Nearby Homes