59 S 5th ST Open House Save Request In-Person Tour Request Virtual Tour
San Jose,CA 95112
OPEN HOUSE
Sat Apr 19, 10:00am - 12:30pm
Key Details
Property Type Commercial
Sub Type Five or More Units
Listing Status Active
Purchase Type For Sale
Square Footage 10,706 sqft
Price per Sqft $348
MLS Listing ID ML82002208
Style Colonial
Bedrooms 1
Full Baths 2
Year Built 1922
Lot Size 9,509 Sqft
Property Sub-Type Five or More Units
Property Description
Marcus & Millichap is please to present 59 S 5th Street, a charming 16-unit Colonial Revival apartment building located in the heart of Downtown San Jose, California. This rare opportunity offers investors the chance to own a character-rich asset in one of Silicon Valley's most desirable areas. The timeless architecture appeals to renters seeking charm and a sense of place, distinguishing it from more generic modern buildings. Ideally situated across from San Jose State University (37,500+ students, 4,300+ staff) and next to San Jose City Hall, the property enjoys strong rental demand and prime walkability. With a low price of $233,000 per unit, strong in-place cash flow, and attractive bank financing options, 59 S 5th Street is a compelling investment in a high-growth market. Opportunities like this in Downtown San Jose are rare -- don't miss out.
Location
State CA
County Santa Clara
Area Central San Jose
Zoning R4
Rooms
Kitchen Cooktop - Gas,Oven Range
Interior
Heating Wall Furnace
Cooling None
Exterior
Parking Features Off-Site Parking,Off-Street Parking,Uncovered Parking
Utilities Available Individual Electric Meters,Individual Gas Meters
Roof Type Rolled Composition
Building
Foundation Concrete Perimeter
Sewer Sewer Connected
Water Public
Others
Restrictions None
Tax ID 467-23-023
Security Features Security Gate with Guard
Special Listing Condition Not Applicable