San Jose, CA 95112,59 S 5th ST
San Jose, CA 95112,59 S 5th ST
San Jose, CA 95112,59 S 5th ST
21
$3,600,000
$3,728,000
3.4%
Est.Price: ?

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9,509 Sqft Lot

59 S 5th ST San Jose, CA 95112

Est. payment /mo
SOLD DATE : 07/02/2025

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Key Details

Sold Price $3,600,000

Property Type Commercial

Listing Status Sold

Purchase Type For Sale

MLS Listing ID ML82002208

Year Built 1922

Annual Tax Amount $53,404

Lot Size 9,509 Sqft

Property Description

Marcus & Millichap is pleased 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.

Location

State CA

County Santa Clara

Area 699 - Not Defined

Zoning R4

Interior

Heating Wall Furnace

Cooling None

Building

Water Public

Schools

School District San Jose Unified

Others

Special Listing Condition Standard

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CRMLS – RECore
Listed by Eymon Binesh Marcus & Millichap
Bought with Eymon Binesh Marcus & Millichap

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agent

Afshan Rahmati

REALTOR® | License ID: 01969156

+1(858) 602-2555

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