568 North 1st Street

San Jose, CA 95112

$6,890,000
Last Sold Price
Beds
12,150 Sq. Ft.
$567 / Sq. Ft.
12,150
Sq. Ft.
$567
per Sq. Ft.
  1. Listed by Andres Lopez • DRE #01936458 • Brokerage DRE #01240999 • Marcus & Millichap • 408-421-4703

Property Details for 568 North 1st Street

MLS City Name
SAN JOSE
Building Type
Other
Garage Spaces
0
Parking Spaces
24

Location

Listing Courtesy of Marcus & Millichap, Andres Lopez, DRE #01936458

Sold By Out of Area Office, RECIP, DRE #01765184

Add your commute
LISTING UPDATED: 06/21/2022 07:58 PM

Property Details for 568 North 1st Street

StatusSold
MLS #ML81885824
Days on Compass73
Taxes$95,237 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS Type5+ Units / Five or More Units
Year Built1936
Lot Size0.63 AC / 27,442 SF
CountySanta Clara County

Location

Listing Courtesy of Marcus & Millichap, Andres Lopez, DRE #01936458

Sold By Out of Area Office, RECIP, DRE #01765184

Add your commute

Building Information for 568 North 1st Street

Stories-Residences-Year Built1936Building Size-Lot Size0.63 AC / 27,442 SF

Payment Calculator

$45,538 per month

30 year fixed, 7.25% Interest

Principal and Interest

$37,602

Property Taxes

$7,936

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 568 North 1st Street

Features
Features
  • Fireplace: No
  • Living SqFt: 12150
  • Pool: No
  • Security Features: None
  • Special Features: Parking
Utilities
  • Cooling: Window / Wall Unit
  • Heating: Wall Furnace
  • Meters: Master Water, Separate Electric, Separate Gas
  • Sewer Septic: Sewer - Public
  • Utilities: Individual Electric Meters, Individual Gas Meters, 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
  • Min Num Of Units in Complex: 18
  • Area Text: Central San Jose
  • Restrictions: None
  • Roof: Flat / Low Pitch
  • Stories: 0.0
  • Subclass: Five or More Units
  • Year Built Source: Assessor
  • Street Number: 568
  • Street Name: 1st
  • Street Direction Prefix: North
  • Street Suffix: Street
  • Area ID: 9
Lot / Property Details
Building Information
  • Number of Buildings: 4
  • Structure SqFt: 12150
  • Structure SqFt Source: Other
  • Age: 86
Development Information
  • Ownership Type: Corporation
  • Zoning Detail: C
Location Information
  • Parcel Number: 249-43-048
  • 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
  • Lot Acres: .63
  • Lot Size Area Maximum Units: Square Feet
  • Lot Size Area Minimum Units: Square Feet
  • Lot Size Source: Other
Multi Family Information
General Information
  • Annual Tax Amount: $95,237
  • Capitalization Rate: 3.56
  • Tenant Expenses: Rent Only, Utilities - Electric, Utilities - Gas, Utilities - Heating, Other
  • Income Includes: Rents, Other
  • Vacancy Factor: 3
Income / Expense Details
  • Expense Insurance: $6,231
  • Expense Landscape: $0
  • Expense Maintenance: $7,200
  • Expense Management: $21,656
  • Expense Trash: $0
  • Expenses Other: $30,300
  • Expenses Utility: $15,045
  • Expenses Total: $175,669
  • Operating Expenses Include: Fee - Other Taxes, Fee - Property Management, Fee - Property Tax, Insurance, Maintenance, Utilities, Vacancy Factor, Other
  • Gross Rent Multiplier: 16.21
  • Income Annual Gross: $433,838
  • Income Annual Rental: $445,056
  • Income Gross Scheduled: $447,256
  • Income Other: $2,200
Unit 1 Information
  • Unit 1 Full Bathrooms: 1
  • Unit 1 Number of Bedrooms: 1
  • Unit 1 Rent: $2,060
  • Unit 1 Type: Apartment
Unit 2 Information
  • Unit 2 Rent: $0
Unit 3 Information
  • Unit 3 Rent: $0
Unit 4 Information
  • Unit 4 Rent: $0
Unit Type 1
  • Unit Type1 Approx SqFt: 675
  • Unit Type1 Units Total: 18
Listing Info
Rental Info
  • Lease Type: Net

Property History for 568 North 1st 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 568 North 1st Street

Taxable ValueLand$1,221,450Additions$593,005Total$1,814,455
Tax Record2023$23,407 ($1,951 / month)
Home Facts
Total Finished SqFt3,673 SqFtAbove Grade Finished SqFt3,673 SqFtStories3Lot Size6,850 SqFtStyleMulti-Family Res (5+ Units)Year Built1936ZoningCCountySANTA CLARAAPN249-43-048Fireplace TypeHas Fireplace

Schools near 568 North 1st 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
Grant Elementary School
PublicK to 5

Muwekma Ohlone Middle
Public6 to 8

San Jose High School
Public9 to 12

Ace Inspire Academy
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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Listing Courtesy of Marcus & Millichap, Andres Lopez, DRE #01936458

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.