1073 N 5th Street — Sale in San Jose, CA

  • Price: Contact for price
  • Listing type: For sale
  • Asset type: Multifamily Property
  • Location: San Jose, CA 95112

Photos

1073 N 5th Street — Sale in San Jose, CA, photo 1 of 2
1073 N 5th Street — Sale in San Jose, CA, photo 2 of 2

Investment Figures

Cap rate
5.22%

Derived from the asking price and operating figures published for this listing. Informational only — not an appraisal, valuation or financial advice. Verify independently before relying on any figure.

Description

Marcus & Millichap is pleased to present the investment opportunity located at 1073 N 5th Street in San Jose, California. Long-term renter appeal for this asset is anchored by proximity to major employers, key transportation corridors, and numerous lifestyle amenities. The attractive, four-unit apartment complex is situated on a parcel of land totaling 0.13 acres and features a gross building area of approximately 1,680 square feet. Built in 1954, the property benefits from a world-class location near Downtown San Jose in the renown Silicon Valley region. Residents enjoy direct access to many of the nation’s top tech employers, including Apple, Google, Tesla, Facebook, IBM, Intel, Yahoo, Cisco Systems, Adobe Systems, and LinkedIn. Likewise, the multifamily building sits near Santa Clara University, ranked 56th among undergraduate nationwide, and San Jose State University, ranked third among public universities nationwide. Additionally, the property is just a few blocks from multiple travel corridors, including Highways 87, 880, and 101. Overall, the property presents an attractive choice for multifamily investors thanks to its premier location combined with San Jose’s strong employment fundamentals and low vacancy levels. Investment Highlights: • Excellent in place cap rate • Ground Zero Silicon Valley Location • Single Story low density construction

Market Context

This multifamily in San Jose, CA is listed for sale. It is offered at an approximate 5.2% capitalization rate, a key benchmark for income-producing multifamily assets. Compare it against other multifamily listings for sale in San Jose, CA — view the full market.

Contact

Explore this market

Similar Multifamily Property for Sale in San Jose, CA