Eight unit apartment complex exceptionally well priced at $261,250 per unit with a current cap rate of 5.37% and compelling pro forma cap rate of 9.96%. Each unit includes dedicated parking, and the property benefits from efficient operations and strong in-place cash flow. Located in the heart of Silicon Valley, the property sits within minutes of Downtown San Jose, the SAP Center, San Jose State University, Santa Clara University, and the San Jose International Airport. Marketing Package available upon request.
MLS #
ML82014596
MLS Source
MLSListings, Inc.
Days on Site
3
Cooling
None
Heating
Wall Furnace
Roof
Flat
Foundation
Concrete Perimeter and Slab
Garage/Parking
Covered Parking, Detached, Garage: 3 Car(s)
Elementary District
San Jose Unified
High School District
San Jose Unified
Zoning
C
# Buildings | # Leased Units | # Total Units |
---|---|---|
1 | 8 | 8 |
Type | Sq Ft | Beds | Baths | Min Rent | Max Rent | Units Like This |
---|---|---|---|---|---|---|
1 | – | 2 | 1/0 | – | – | 8 |
445 N 1st St is a Residential Income in San Jose, CA 95112. This 6,704 square foot property sits on a 8,400 Sq Ft Lot and features – bedrooms & – full bathrooms. It is currently priced at $2,090,000 and was built in 1924.
This address can also be written as 445 N 1st St, San Jose, CA 95112.©2025 MLSListings Inc. All rights reserved. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Information provided is for personal, non-commercial use by the viewer and may not be redistributed without explicit authorization from MLSListings Inc.
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This listing information is up-to-date as of July 14, 2025. For the most current information, please contact Mitchell Zurich, (408) 888-9594