Marcus & Millichap is pleased to present the investment opportunity located at 1073 N 5th Street in San Jose, California. Long-term renter appeal for this asset is anchored by proximity to major employers, key transportation corridors, and numerous lifestyle amenities. The attractive, four-unit apartment complex is situated on a parcel… Read More of land totaling 0.13 acres and features a gross building area of approximately 1,680 square feet. Built in 1954, the property benefits from a world-class location near Downtown San Jose in the renown Silicon Valley region. Residents enjoy direct access to many of the nations top tech employers, including Apple, Google, Tesla, Facebook, IBM, Intel, Yahoo, Cisco Systems, Adobe Systems, and LinkedIn. Likewise, the multifamily building sits near Santa Clara University, ranked 56th among undergraduate nationwide, and San Jose State University, ranked third among public universities nationwide. Additionally, the property is just a few blocks from multiple travel corridors, including Highways 87, 880, and 101. Overall, the property presents an attractive choice for multifamily investors thanks to its premier location combined with San Joses strong employment fundamentals and low vacancy levels. Read Less
Courtesy of Marcus & Millichap, Michael Henshaw 650-269-6453
Listing Snapshot
Days Online
18
Last Updated
Property Type
Fourplex
Square Ft.
1,680
Lot Size
0.13 Acres
Year Built
1954
MLS Number
ML82046911
30 Days Snapshot Of 95112
$1.06M
-1%
(avg) sold price
22
+120%
homes sold
32
+88%
(avg) days on market
Snapshot
Area Map
Additional Details
Cooling
Other
Lot
Max Area: 5760.00, Max Area Units: Square Feet
Unit One
1 bedroom in unit 1, Unit 1: approximately 420 square feet, Unit 1 rent: $2,149
Unit Two
1 bedroom in unit 2, Unit 2: approximately 420 square feet, Unit 2 rent: $2,047
Unit Three
1 bedroom in unit 3, Unit 3: approximately 420 square feet, Unit 3 rent: $1,995
Unit Four
1 bedroom in unit 4, Unit 4: approximately 420 square feet, Unit 4 rent: $2,093
Accessibility Features
Other
Building
Built in 1954, 4 building units, 1 building, 1,680 structure square feet
Roof
Composition
Utilities
Individual Electric Meters, Individual Gas Meters, Public Utilities
Sewer
Sewer - Public
Security Features
Other
Heating
Gas
Floors
Carpet, Laminate, Tile, Other
Foundation
Concrete Perimeter
Water Features
Public
Miscellaneous
Vacancy factor: 2
Tenant Pays
Utilities - Electric, Utilities - Gas, Other
Find The Perfect Home
'VIP' Listing Search
Whenever a listing hits the market that matches your criteria you will be immediately notified.
The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of the MLSListingsTM MLS system. Real estate listings held by brokerage firms other than the office represented by this website are marked with the Internet Data Exchange icon (a stylized house inside a circle) and detailed information about them includes the names of the listing brokers and listing agents. The broker providing this data believes the data to be correct, but advises interested parties to confirm all information before relying on it for a purchase decision. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listings last updated on .
Confirm your time
Fill in your details and we will contact you to confirm a time.