Marcus & Millichap is please to present 59 S 5th Street, a charming 16-unit Colonial Revival apartment building located in the heart of Downtown San Jose, California. This rare opportunity offers investors the chance to own a character-rich asset in one of Silicon Valley’s most desirable areas. The timeless architecture appeals to renters seeking charm and a sense of place, distinguishing it from more generic modern buildings. Ideally situated across from San Jose State University (37,500+ students, 4,300+ staff) and next to San Jose City Hall, the property enjoys strong rental demand and prime walkability. With a low price of $233,000 per unit, strong in-place cash flow, and attractive bank financing options, 59 S 5th Street is a compelling investment in a high-growth market. Opportunities like this in Downtown San Jose are rare — don’t miss out.
Property Details
Price:
$3,728,000
MLS #:
ML82002208
Status:
Active
Baths:
0
Address:
59 S 5th Street
Type:
Commercial
Neighborhood:
699notdefined
City:
San Jose
Listed Date:
Apr 11, 2025
State:
CA
ZIP:
95112
Year Built:
1922
Schools
Interior
Cooling
None
Heating
Wall Furnace
Exterior
Parking Spots
15.00
Security Features
Gated with Guard
Water Source
Public
Financial
Taxes
$53,404
Map
Contact Us
Mortgage Calculator
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59 S 5th Street
San Jose, CA
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