445 N 1st St - Apartments FOR SALE


San Jose, CA 95112- Japantown
$2,090,000 USD
408-888-9594
445 N 1st St, San Jose, CA for Sale
$2,090,000 USD
Apartments - FOR SALE
1/6
null | 5.37% Cap Rate

445 N 1st St
San Jose, CA 95112
Japantown


HIGHLIGHTS

  • Excellent location near Japantown
  • Significant upside on rental income

OVERVIEW

The Zurich Group is pleased to present an exceptional opportunity to acquire an 8-unit multifamily property located moments away from San Jose’s historic Japantown. This 100% two-bedroom offering provides immediate scale, stable income, and substantial value-add potential in one of the most supply-constrained and economically resilient markets in the United States.

FOR SALE DETAILS

PRICE

$2,090,000 USD

PRICE/SF

$234 USD /SF

# OF UNITS

8

PRICE/UNIT

$261,250

CAP RATE

5.37%

% LEASED

95%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1924

PARKING SPACES

8

LAND DETAILS

LAND ACRES

0.19 AC

LAND SF

8,407 SF

ZONING

C, San Jose

APN/PARCEL ID

259-20-043

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 Policy.