Property Details
About this Property
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.
MLS Listing Information
MLS #
ML82002208
MLS Source
MLSListings, Inc.
Interior Features
Appliances
Cooktop - Gas, Oven Range
Cooling
None
Heating
Wall Furnace
Exterior Features
Roof
Rolled/Hot Mop
Foundation
Concrete Perimeter
Style
Colonial
Parking, School, and Other Information
Garage/Parking
Off-Site Parking, Off-Street Parking, Garage: 0 Car(s)
Elementary District
San Jose Unified
High School District
San Jose Unified
Water
Public
Zoning
R4
Contact Information
Listing Agent
Eymon Binesh
Marcus & Millichap
License #: 02060059
Phone: (650) 546-1030
Co-Listing Agent
Robert Johnston
License #: 01853816
Phone: (650) 391-1744
Unit Information
| # Buildings | # Leased Units | # Total Units |
|---|---|---|
| 1 | 13 | 16 |
| Type | Sq Ft | Beds | Baths | Min Rent | Max Rent | Units Like This |
|---|---|---|---|---|---|---|
| 1 | 525 | 0 | 1/0 | $1,620 | $1,795 | 8 |
| 2 | 650 | 1 | 1/0 | $1,895 | $2,070 | 8 |
Neighborhood: Around This Home
Neighborhood: Local Demographics
Nearby Homes for Sale
59 S 5th St is a Residential Income in San Jose, CA 95112. This 10,706 square foot property sits on a 9,509 Sq Ft Lot and features – bedrooms & – full bathrooms. It is currently priced at $3,728,000 and was built in 1922. This address can also be written as 59 S 5th St, San Jose, CA 95112.
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This listing information is up-to-date as of May 01, 2025. For the most current information, please contact Eymon Binesh, (650) 546-1030
