1073 N 5th St - Apartments FOR SALE


San Jose, CA 95112- Hyde Park
$1,300,000 USD
424-535-1898
1073 N 5th St, San Jose, CA for Sale
$1,300,000 USD
Apartments - FOR SALE
1/5
null | 5.22% Cap Rate

1073 N 5th St
San Jose, CA 95112
Hyde Park


HIGHLIGHTS

  • 1073 N 5th Street presents an investment opportunity to secure an attractive 4-unit asset with stable fundamentals in a low-vacancy market.
  • Prime Silicon Valley location near Downtown San Jose and major tech employers, including Intel, Cisco Systems, HP, Apple, eBay, Netflix, and Alphabet.
  • Opportunity to tap into strong rental demand driven by proximity to top universities such as Santa Clara and Stanford, and employment hubs.
  • Convenient access to major highways, including 87, 880, and 101, and nearby retailers such as Starbucks, 24 Hour Fitness, At Home, and Costco.

OVERVIEW

Marcus & Millichap is pleased to present the investment opportunity located at 1073 N 5th Street in San Jose, California. The long-term renter appeal of this asset is anchored by its proximity to major employers, key transportation corridors, and numerous lifestyle amenities. Built in 1954, this attractive four-unit apartment complex is situated on a 0.13-acre parcel and features a gross building area of approximately 1,680 square feet. The property benefits from a world-class location near Downtown San Jose, in the renowned Silicon Valley. Residents enjoy direct access to many of the nation’s 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 Jose’s strong employment fundamentals and low vacancy levels.

FOR SALE DETAILS

PRICE

$1,300,000 USD

PRICE/SF

$405 USD /SF

# OF UNITS

4

PRICE/UNIT

$325,000

CAP RATE

5.22%

% LEASED

95%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1950

PARKING SPACES

4

LAND DETAILS

LAND ACRES

0.14 AC

LAND SF

5,943 SF

ZONING

R3, San Jose

APN/PARCEL ID

235-09-008

ASK ABOUT THIS PROPERTY

Tony SolomonMarcus & MillichapMore Info
424-535-1898

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Tony SolomonMarcus & MillichapMore Info
424-535-1898

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.