502 N 18th St, San Jose, CA, 95112
About This Home
Marcus & Millichap is pleased to present the investment opportunity North 18th Flats located at 502, 504, 506 and 508 N. 18th Street San Jose, California. This attractive, four-unit apartment complex is situated on a parcel of land totaling 0.25 acres and features a gross building area of approximately 4308 square feet. The property features two duplex style buildings four three bed/one bath units of about 1077 square feet. Each unit contains modern appliances, upgraded windows, and washer dryer hook ups. The property offers an in place Cap Rate of 5.55 with a 13.01 GRM - PROFORMA CAP RATE OF 7.46 and 10.47 PROFORMA GRM
Getting Around
Somewhat Walkable
Good Transit
Very BikeableSchools
Construction
Condition
- Year built: 1971
Materials
- Foundation: Other
- Roof: Other
Type & Style
- Home type: MultiFamily
- Property subType: Quadruplex,Residential Income
Interior
Bedrooms & Bathrooms
- Bedrooms: 12
- Bathrooms: 4
Features
- Door features: Other
Heating & Cooling
- Heating features: Wall Furnace
- Cooling features: Other
Interior Area
- Total structure area: 4,308
- Total interior livable area: 4,308 sqft
Property
Accessibility
- Accessibility features: Other
Details
- Parcel number: 24926069
- Zoning: R3B
- Special condition: Standard
Features
- Stories: 2
Lot
- Lot size: 0.25 Acres
Parking
- Total spaces: 6
- Parking features: Off Street,On Street,Parking Area
- Carport: Yes
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Earthquake
- Inland Flooding
- Heat Wave
How This Home’s Risks Compare
FEMA Declared Disasters in Santa Clara County and California
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $9,607 | $115,284 |
| Home Insurance * | $244 | $2,928 |
| Property Taxes | $1,076 | $12,912 |
| Electricity | $923 | $11,085 |
| Total | $11,850 | $142,200 |
Income You'd Need if You Spent...
California FAIR Plan Programs
How Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-06-12 | Listed for sale | $1,900,000 |
| 1997-04-21 | Sold | $340,000 |
View on Zillow