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$2,000,000
New Listing

584 North 2nd Street
SAN JOSE, CA 95112

For Sale|Multi Family|Active
0
Beds
0
Total Baths
4,644
SqFt
$431
/SqFt
1949
Built
County:
Santa Clara
Listed by of Ismael Benhamida of Compass 4083736195
Upcoming Open Houses
Thu, Jul 17, 11:00 AM - 1:00 PM
584 North 2nd Street584 North 2nd Street584 North 2nd Street584 North 2nd Street
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Mortgage Calculator

Monthly Payment (Est.)

$9,125
Calculator powered by Showcase IDX, a Constellation1 Company. Copyright ©2025 Information is deemed reliable but not guaranteed.

CAP Rate: 5.16% (Current), 8.34% (Proforma). GRM: 12.59 (Current), 8.73 (Proforma). Wonderful 8-unit apartment building located 2 blocks from Japantown, 1 block from the VTA Light Rail, and walking distance to San Jose State University. Tranquil courtyard with lush landscaping on a quiet street. (2) 2-Bed/1-Bath, (2) 1-Bed/1-Bath, & (4) studio units. Dual pane windows, new electrical main & sub-panels, individual water heaters, carport parking, & a large storage/laundry room in the rear. Opportunity to increase income & add value by upgrading the existing unit interiors upon turnover with air conditioners, electric car chargers, in-unit laundry, & fully renovating the unit interiors with high specification finishes to meet the demand of high-income technology employees by. California SB-1211 allows for the carport and storage laundry room to be converted into up to 8 ADU units based on a pre-feasibility analysis completed by an ADU consultancy (Buyer to verify with the City of San Jose Planning Department). The robust high-tech job growth, shortage of housing units, and value-add opportunity, make 584 N. 2nd Street a great opportunity for both the cash-flow and appreciation-minded investor.

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Listing Snapshot
Price 
$2,000,000
Days On Site 
0 Days
Bedrooms 
N/A
Inside Area (SqFt) 
4,644 sqft
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
0.2186 Acres
Year Built 
1949
MLS® Number 
ML82014237
Status 
Active
Property Tax 
$23,351
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
9 hours agoListing updated with changes from the MLS®
17 hours agoListing first seen on site
General Features
Acres 
0.2186
Cross Street 
Jackson St
Disclosures 
Natural Hazard Disclosure
Foundation 
Slab
Parking 
Common
Parking Spaces 
2
Property Sub Type 
Multi Family
Sewer 
Public Sewer
SqFt Total 
4644
Style 
Spanish
Water Source 
Public
Zoning 
C
Interior Features
Appliances 
RefrigeratorOvenRangeWasherWasher/Dryer
Cooling 
Ceiling Fan(s)
Flooring 
TileCarpet
Heating 
CentralForced AirNatural Gas
Laundry Features 
Laundry Room
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Exterior Features
Construction Details 
Frame
Pool Features 
None
Roof 
CompositionShingle
Community Features
Association Amenities 
None
School District 
San Jose Unified
Schools
School District
San Jose Unified
Elementary School
Grant Elementary
Middle School
Muwekma Ohlone Middle School
High School
San Jose High Academy
Listed by of Ismael Benhamida of Compass 4083736195



The data relating to real estate for sale on this display comes in part from the Internet Data Exchange program of the MLSListings™ MLS system. Real estate listings held by brokerage firms other than eXp Realty are marked with the Internet Data Exchange icon and detailed information about them includes the names of the listing brokers and listing agents. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Copyright 2025, MLS Listings, Inc..
Last checked: 2025-07-11 11:44 AM UTC

Neighborhood & Commute
Source: Walkscore
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