402 S 4th St - Apartments FOR SALE


San Jose, CA 95112- Sun
$6,200,000 USD
408-888-9594
402 S 4th St, San Jose, CA for Sale
$6,200,000 USD
Apartments - FOR SALE
1/8
null | 5.1% Cap Rate

402 S 4th St
San Jose, CA 95112
Sun


HIGHLIGHTS

  • Unmatched Location across the street from San Jose State University
  • Strong Demand Drivers Supported by SJSU and Silicon Valley employment
  • Prime Urban Setting within 0.5 miles of Downtown San Jose & San Pedro Square
  • Transit-Oriented: ~2 miles to Diridon Station (Caltrain, ACE, future BART)

OVERVIEW

Veridian on 4th is a 19 unit apartment community ideally located approximately ±100 feet from San José State University, offering an exceptional downtown San Jose setting with immediate access to a strong and consistent tenant base. The property features a highly desirable unit mix of eighteen 2 bedroom 1 bathroom units and one studio unit, providing functional layouts that cater to students, roommates, and young professionals while supporting strong and consistent rental demand. Located essentially across the street from San José State University, residents benefit from immediate proximity to campus, while also enjoying a highly walkable lifestyle within approximately 0.5 miles of Downtown San Jose and San Pedro Square, with convenient access to a diverse selection of dining, retail, nightlife, and entertainment options. The property is also approximately two miles from Diridon Station, offering connectivity to Caltrain, ACE, and future BART service, enhancing its appeal for commuters. Surrounded by Silicon Valley’s leading tech employers and supported by the demand drivers of San José State University, Veridian on 4th is well positioned to attract renters seeking both accessibility to employment centers and the benefits of urban living, making it a compelling long term investment opportunity.

FOR SALE DETAILS

PRICE

$6,200,000 USD

PRICE/SF

$1,032 USD /SF

# OF UNITS

19

PRICE/UNIT

$326,316

CAP RATE

5.1%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Veridian on 4th

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1960

PARKING SPACES

21

LAND DETAILS

LAND ACRES

0.32 AC

LAND SF

13,939 SF

ZONING

C3

APN/PARCEL ID

467-47-063

ASK ABOUT THIS PROPERTY

Mitchell ZurichMarcus & MillichapMore Info
408-888-9594

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Mitchell ZurichMarcus & MillichapMore Info
408-888-9594

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