CA > San Jose
San Jose, CA 95112,59 S 5th ST
San Jose, CA 95112,59 S 5th ST
San Jose, CA 95112,59 S 5th ST
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LaKeshia Lindsey

LaKeshia Lindsey

+1(619) 746-0849
$3,728,000
Est. payment /mo
9,509 Sqft Lot
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Key Details

Property Type Commercial

Listing Status Active Under Contract

Purchase Type For Sale

MLS Listing ID ML82002208

HOA Y/N No

Year Built 1922

Annual Tax Amount $53,404

Lot Size 9,509 Sqft

Property Description

Marcus & Millichap is pleased 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 699 - Not Defined

Zoning R4

Interior

Heating Wall Furnace

Cooling None

Fireplace No

Exterior

Total Parking Spaces 15

Building

Water Public

Schools

School District San Jose Unified

Others

Tax ID 46723023

Security Features Gated with Guard

Special Listing Condition Standard

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California Regional MLS (CRMLS)
Listed by Eymon Binesh • Marcus & Millichap
agent-avatar

Lakeshia's passion for real estate and her love for California are a perfect match. She has made it her mission to help local residents sell their homes quickly and at the best possible prices. Equally, she takes immense pride in assisting homebuyers in finding their perfect piece of paradise in California. 

+1(619) 746-0849

lakeshiasellsrealestate@gmail.com

USA

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