1451 N 1st St is a centrally located 5-unit multifamily investment opportunity in the thriving city of San Jose, California.
Situated on a 5,522-square-foot parcel, the property was originally constructed in 1953 and comprises approximately 3,175 square feet of gross building area. The asset offers a desirable unit mix of two-bedroom, one-bedroom, and studio floor plans. Unit interiors have been upgraded with dual-pane windows, updated electrical panels, and individual water heaters, while select residences feature vinyl plank flooring, granite countertops, and stainless steel appliances. Residents also benefit from private covered carport parking and an on-site laundry facility.
The property is strategically located near Downtown San Jose and the Target-anchored San Jose Market Center, providing convenient access to a wide variety of shopping, dining, and entertainment destinations. Additionally, the asset is minutes from San Jose Mineta International Airport (SJC), one of Northern California’s busiest airports, offering extensive domestic and international travel options.
1451 N 1st St also benefits from its proximity to major educational institutions, including San Jose State University and Santa Clara University. The surrounding area is home to many of the region’s largest employers, including Adobe, Cisco, Deloitte, PwC, and Santa Clara Valley Medical Center, among numerous other technology, healthcare, and professional services companies.
The investment appeal of the property is supported by San Jose’s strong employment base, low vacancy rates, and position within the heart of Silicon Valley. With convenient access to major employers, transportation corridors, retail amenities, and entertainment destinations, 1451 N 1st St offers an attractive housing option for South Bay renters and a compelling long-term investment opportunity.