Excellent Opportunity to own a great cash flowing property in an excellent location. Multiple occupancy property with plenty of on-site parking near Japan Town with excellent cash flow and great cap rate. Long term, wonderful tenants who pay on time. This is an excellent investment for return on your money in a great location. 6.3% cap rate, ready for a new owner to enjoy heavy cash-flow. See supplemental info for Offering Memo. PLEASE DO NOT DISTURB OCCUPANTS.
Property Details
Property Features
Property Information:
Year Built: 1907
Stories: 2
Living Area: 2,270 SqFt
Listing Office:
Office Name: VENIET Corp.
Office Phone: (858) 232-5712
Listing Agent: Omid Yousofi
Interior Features
Interior Information:
Fireplace: See Remarks
Bedroom and Bathroom Information:
Full Bathrooms: 2
Total Bedroom Count: 9
Exterior Features
Exterior Information:
Private Pool: No
View: Neighborhood
Lot Features
Lot Information:
Lot: Front Yard
Lot Size: 0.14 Acres
Utilities
Utilities Information:
Heating: None
Cooling: None
School Info
Assigned Schools Information:
San José High School, Public District Grades 9-12
Peter Burnett Middle School, Public District Grades 6-8
Grant Elementary School, Public District Grades KG-5
Other
Directions Information:
Directions: Take either Jackson St or E. Empire St to North 2nd St
Price Information
Listing Price Info
Price Summary:
List Price: $1,595,000
Price Per SqFt: $703/SqFt
Tax Information:
Annual Amount: $12,857
Tax Year: 2021
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Housing Market Comparison
See how this home compares to others in San Jose, CA.
This property is $240.4K more than the Median Sold Price and $146/SqFt less than other homes in San Jose, CA.
Based on homes sold in the last 12 months
MLS Details
MLS Information:
MLS Name: CRMLS
MLS Number: #OC24097432
Listing Office:
Office Name: VENIET Corp.
Office Phone: (858) 232-5712
Listing Agent: Omid Yousofi
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available. Data displayed may be a portion of, and not a complete set of all listings published in the MLS. Last updated on: 5/29/2024, 6:20:36 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Property Sales & Tax
Listing History
DATE
EVENT
PRICE
Apr 09, 2015
Apr 09, 2015Home Sold
$770,000
Jun 15, 2005
Jun 15, 2005Home Sold
$699,000
May 21, 2001
May 21, 2001Home Sold
$825,000
Apr 09, 1999
Apr 09, 1999Home Sold
$335,000
Tax History
YEAR
PROP. TAX
ASSESSMENT
2021
$12,857
$854,945
2020
$12,857
$846,179
2019
$12,559
$829,588
2018
$12,560
$813,322
2017
$12,300
$797,376
History based on county public records data.
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Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
Elementary School
3
/10
Grant Elementary School
470 Jackson St
Distance between this listing and this school0.56 miles
Public District Grades KG-5
Middle School
4
/10
Peter Burnett Middle School
850 N 2nd St
Distance between this listing and this school0.56 miles
Public District Grades 6-8
High School
4
/10
San José High School
275 N 24th St
Distance between this listing and this school1.37 miles
Public District Grades 9-12
Assigned Schools
3
/10
Grant Elementary School
470 Jackson St
Distance between this listing and this school0.56 miles
Public District Grades KG-5
Nearby Schools
4
/10
Horace Mann Elementary School
55 N 7th St
Distance between this listing and this school0.73 miles
Public District Grades KG-5
1
/10
Empire Gardens Elementary School
1060 E Empire St
Distance between this listing and this school1.28 miles
Public District Grades KG-5
Assigned Schools
4
/10
Peter Burnett Middle School
850 N 2nd St
Distance between this listing and this school0.56 miles
Public District Grades 6-8
Nearby Schools
3
/10
Herbert Hoover Middle School
1635 Park Ave
Distance between this listing and this school1.74 miles
Public District Grades 6-8
6
/10
Luther Burbank Elementary School
4 Wabash Ave
Distance between this listing and this school2.27 miles
Public District Grades KG-8
Assigned Schools
4
/10
San José High School
275 N 24th St
Distance between this listing and this school1.37 miles
Public District Grades 9-12
Nearby Schools
2
/10
Downtown College Preparatory
1460 The Alameda
Distance between this listing and this school1.28 miles
Public Charter Grades 9-12
6
/10
Abraham Lincoln High School
555 Dana Ave
Distance between this listing and this school1.99 miles
The neighbors living near this home have an average income of $54,005. Residents of San Jose, CA typically earn between $35k-100k each year. The majority of families are single, no kids. Most residents in this area have post secondary degree education.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 510 N 2nd St
What is the listing price of this property?
The listing price of 510 N 2nd St property is $1,595,000.
What type of property is this?
The property 510 N 2nd St is a house located in San Jose, California, 95112.
Is this property for sale now?
Active Listing: 510 N 2nd St is For Sale (Active/New) which means the seller is accepting offers.
What are the assigned schools for this property?
The assigned schools for 510 N 2nd St are: Grant Elementary School: GreatSchools Rating 3/10Peter Burnett Middle School: GreatSchools Rating 4/10San José High School: GreatSchools Rating 4/10
What is the annual property tax for this property?
According to the records, the last property tax for 2021 is $12,857 (source: MLS/based on county public records data).
When was this property sold last time and for how much?
The last sale was on April 9, 2015 for $770,000. (source: MLS/tax record).
How many bedrooms and bathrooms does this property have?
The property at 510 N 2nd St has 9 bedrooms and 2 bathrooms.
What is the square footage of this property?
The property 510 N 2nd St is 2,270 SqFt (source: MLS/tax record).
Which year was this property built?
The year of construction for 510 N 2nd St is 1907.
This home is located at 510 N 2nd St in San Jose, CA and zip code 95112 in the Japantown neighborhood. This 2,270 square foot home, which was built in 1907, sits on a 0.14 acre lot. Features: 9 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since May 14, 2024 and is currently priced at $1,595,000.
Over 427 listings were sold over their listed price in April 2024 in San Jose, CA. In the same period over 66 listings were sold below the listed price and 48 listings were sold for the listed price. Between March 2024 and April 2024, San Jose, CA real estate market has seen increase in the number of listings by 21.4%. In April 2024 median list price was $1,354,548 and the average listing age was 12 days.
From Rocket Homes Real Estate and based on county public records data.