59 S 5th St is an exceptional 16-unit apartment complex located in the heart of Downtown San Jose, California. Situated on a 9,509 square foot parcel of land, the subject property was originally constructed in 1922 and has a gross building area of approximately 10,706 square feet, offering its tenants beautifully designed one-bedroom and studio floor plans. 59 S 5th St presents a rare opportunity for an investor to acquire an exceptional multifamily asset in one of the most desirable locations in the Silicon Valley. The subject property is located in the bustling Downtown San Jose, featuring a myriad of local artisanal dining, retail, and entertainment experiences. The subject property is also located directly across the street from San Jose State University which has a diverse enrollment of over 37,500 students and over 4,300 employees. Residents at the subject property also have convenient access to travel from the various major highways and the Norman Y. Mineta San Jose International Airport is located just under 5 miles from the subject property. The investment appeal of this asset is driven by San Jose's strong employment fundamentals and low vacancy levels. With a world-class location in Silicon Valley, 59 S 5th St presents an attractive choice for South Bay renters due to its close proximity to major employers, transportation corridors, shopping, dining, and entertainment options.