439-441 S 5th St - Apartments FOR SALE


San Jose, CA 95112- Sun
$4,150,000 USD
408-888-9594
439-441 S 5th St, San Jose, CA for Sale
$4,150,000 USD
Apartments - FOR SALE
1/22
null | 5.4% Cap Rate

439-441 S 5th St
San Jose, CA 95112
Sun


HIGHLIGHTS

  • Unmatched Location ±300 feet from San José State University
  • 100% 2-Bedroom Units offering highly functional and desirable unit mix
  • Walkable Lifestyle within 0.5 miles of Downtown San Jose & San Pedro Square
  • Strong Demand Drivers Supported by SJSU and Silicon Valley employment

OVERVIEW

Veridian on 5th is a 12 unit apartment community ideally located just ±300 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 an all two bedroom unit mix, providing highly functional layouts that are increasingly desirable for roommates, students, and young professionals while supporting strong and consistent rental demand. Located directly 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 dining, retail, and entertainment. The property is also approximately two miles from Diridon Station, offering connectivity to Caltrain, ACE, and future BART service, enhancing its appeal for commuters. Supported by the demand drivers of San José State University and the broader Silicon Valley employment base, the property benefits from long term rental demand fundamentals. Select units feature in unit washer and dryer, including Unit 439-5, adding to tenant convenience and overall rental appeal.

FOR SALE DETAILS

PRICE

$4,150,000 USD

PRICE/SF

$428 USD /SF

# OF UNITS

12

PRICE/UNIT

$345,833

CAP RATE

5.4%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Veridian on 5th

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1957

PARKING SPACES

11

LAND DETAILS

LAND ACRES

0.22 AC

LAND SF

9,522 SF

ZONING

R4

APN/PARCEL ID

467-47-071

ASK ABOUT THIS PROPERTY

Mitchell ZurichMarcus & MillichapMore Info
408-888-9594

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

Mitchell ZurichMarcus & MillichapMore Info
408-888-9594

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