623 South 2nd Street

San Jose, CA 95112

$1,555,000
Price
Beds
3,360 Sq. Ft.
$463 / Sq. Ft.
3,360
Sq. Ft.
$463
per Sq. Ft.

Description

Downtown Primary Commercial Location: The Home was previously used as a boarding house with multiple rooms upstairs. The downstairs unit features three bedrooms and two bathrooms and is in a great location near San Jose State.Downtown Primary Commercial Location: The Home was previously used as a boarding house with multiple rooms upstairs. The downstairs unit features three bedrooms and two bathrooms and is in a great location near San Jose State.

Property Details for 623 South 2nd Street

MLS City Name
SAN JOSE
Building Type
DUPLEX
Garage Spaces
0
Parking Spaces
0
Cross Street
Reed
LISTING UPDATED: 10/28/2024 04:26 PM

Property Details for 623 South 2nd Street

StatusActive
MLS #ML81950032
Days on Compass315
Taxes$9,600 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeRESIDENTIAL INCOME / DUPLEX
Year Built1906
Lot Size0.10 AC / 4,356 SF
CountySanta Clara County

Building Information for 623 South 2nd Street

Stories2Residences2Year Built1906Building Size-Lot Size0.10 AC / 4,356 SF

Property Information for 623 South 2nd Street

Features
Features
  • Fireplace: No
  • Living SqFt: 3360
  • Pool: No
  • Security Features: None
  • Special Features: Other
Utilities
  • Cooling: None
  • Heating: Central Forced Air
  • Meters: Separate Electric, Separate Gas
  • Sewer Septic: Sewer - Public
  • Utilities: Public Utilities
  • Water: Public
Carport and Parking
  • Carport Min: 0
Garage
  • Garage and Parking: Common Parking Area
Property Details
Homeowners Association
  • HOA Exists: 0
  • HOA Fee: $0
Property Details
  • Area Text: Central San Jose
  • Roof: Composition
  • Subclass: Duplex
  • Year Built Source: Assessor
  • Street Number: 623
  • Street Name: 2nd
  • Street Direction Prefix: South
  • Street Suffix: Street
  • Area ID: 9
Lot / Property Details
Building Information
  • Number Of Stories: 2
  • Number of Buildings: 1
  • Structure SqFt: 3360
  • Structure SqFt Source: Assessor
  • Age: 117
Development Information
  • Zoning Detail: DC
Location Information
  • Incorporated: Yes
  • Parcel Number: 472-26-013
  • County Name: Santa Clara
  • City Name: SAN JOSE
  • City Postal ID: 58
  • Postal Code: 95112
  • Elementary School District: 482
  • High School District Text: San Jose Unified
Lot Information
  • Foundation: Concrete Perimeter
  • Horse Property: No
  • Lot Acres: .10
  • Lot Size Area Maximum Units: Square Feet
  • Lot Size Area Minimum Units: Square Feet
  • Lot Size Source: Assessor
Multi Family Information
Building Information
  • No Of Leased: 7
General Information
  • Annual Tax Amount: $9,600
  • Building Unit Total: 2
  • Capitalization Rate: 5.26
  • Tenant Expenses: Utilities - Electric, Utilities - Gas, Utilities - Water
  • Income Includes: Other
  • Vacancy Factor: 3
Income / Expense Details
  • Expense Insurance: $3,000
  • Expense Landscape: $0
  • Expense Maintenance: $0
  • Expense Management: $8,491
  • Expense Trash: $0
  • Expenses Other: $0
  • Expenses Utility: $0
  • Expenses Total: $21,091
  • Operating Expenses Include: Fee - Property Management, Fee - Property Tax
  • Gross Rent Multiplier: 14.65
  • Income Annual Gross: $102,956
  • Income Annual Rental: $106,140
  • Income Gross Scheduled: $106,140
  • Income Other: $0
Unit 1 Information
  • Unit 1 Full Bathrooms: 2
  • Unit 1 Number of Bedrooms: 6
  • Unit 1 Rent: $6,090
Unit 2 Information
  • Unit 2 Full Bathrooms: 2
  • Unit 2 Number of Bedrooms: 3
  • Unit 2 Rent: $2,760

Property History for 623 South 2nd Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 623 South 2nd Street

Taxable ValueLand$314,009Additions$182,123Total$496,132
Tax Record2023$10,827 ($902 / month)
Home Facts
Total Finished SqFt3,360 SqFtAbove Grade Finished SqFt3,360 SqFtStories2Lot Size4,318 SqFtStyleDuplexYear Built1906ZoningDCCountySANTA CLARAAPN472-26-013Fireplace TypeHas Fireplace

Schools near 623 South 2nd Street

This home is within San Jose Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Charter - 5 to 8
Rating
School
Distance
Gardner Elementary School
PublicK to 5

Herbert Hoover Middle School
Public6 to 8

Abraham Lincoln High School
Public9 to 12

Downtown College Preparatory Middle
Charter5 to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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Similar Sold Homes

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623 South 2nd Street is a multi-family home for sale in San Jose, CA 95112. This property was listed for sale on December 20, 2023 by Hilltop Realty, it's currently listed at $1,555,000. It has been on the market for a total of 315 days and was last sold on February 28, 2011. This listing's school district is San Jose Unified School District. Nearby schools include Gardner Elementary School, Herbert Hoover Middle School and Abraham Lincoln High School. 623 South 2nd Street is a 0-bed, 0-bath, 3,360 sqft multi-family home built in 1906.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Hilltop Realty, Enrique Estrada, DRE #01200315

Based on information from one of the following Multiple Listing Services: San Francisco Association of Realtors, the MLSListings MLS, the BAREIS MLS, the EBRD MLS, Shasta Association of REALTORS® Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by San Francisco Association of Realtors, the MLSListings MLS, the BAREIS MLS, the EBRD MLS, Shasta Association of REALTORS® is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.