Property Details
About this Property
601 S 5th Street is now available - a rare multifamily asset offering steady income and growth potential in San Jose's thriving urban core. This impressive two-story income property sits just two blocks from SJSU, placing tenants in an unbeatable location surrounded by education, culture, dining, transit, and tech employment hubs. Discover eight efficiently designed units: (1) 1 Bed / 2 Ba, (1) 1 Bed / 1 Ba, and (6) Studios, each with dedicated parking and access to a shared coin-op laundry room. With ~3,560 sq. ft. of rentable space on a 0.19-acre lot, the property's four-units-per-floor layout maximizes occupancy, privacy, and operational efficiency. Investors will also appreciate the potential for additional income through ADU, storage units, or unit modernization to elevate returns. The fundamentals align: an excellent location, consistent tenant demand, and measurable upside. Current metrics indicate strong rental performance with a projected Cap Rate of 8.13 and GRM 8.78. Walking distance from Downtown San Jose with easy connectivity to major highways (280, 87, 101) and global employers like Cisco, PayPal, Adobe, and Apple. 601 S 5th Street delivers what serious investors seek, reliable cash flow, low vacancy, and growth potential in a prime Silicon Valley corridor.
MLS Listing Information
MLS #
ML82025799
MLS Source
MLSListings, Inc.
Interior Features
Flooring
Carpet, Tile, Vinyl/Linoleum
Laundry
Coin Operated
Cooling
Other
Heating
Other, Wall Furnace
Exterior Features
Roof
Flat, Shingle
Foundation
Brick/Mortar
Parking, School, and Other Information
Garage/Parking
Assigned Spaces, Garage: 0 Car(s)
Elementary District
San Jose Unified
High School District
San Jose Unified
Sewer
Private Sewer
Zoning
R4
Contact Information
Listing Agent
Ray Rodriguez
Compass
License #: 01999734
Phone: (650) 405-0743
Co-Listing Agent
Tony Zizzo
License #: 01962093
Phone: (650) 770-8356
Unit Information
| # Buildings | # Leased Units | # Total Units |
|---|---|---|
| 1 | 8 | 8 |
| Type | Sq Ft | Beds | Baths | Min Rent | Max Rent | Units Like This |
|---|---|---|---|---|---|---|
| 1 | – | 1 | 2/0 | $2,380 | $2,380 | 1 |
| 2 | – | 1 | 1/0 | $2,080 | $2,080 | 1 |
| 3 | – | 0 | 1/0 | $1,650 | $1,850 | 6 |
Neighborhood: Around This Home
Neighborhood: Local Demographics
Nearby Homes for Sale
601 S 5th St is a Residential Income in San Jose, CA 95112. This 3,560 square foot property sits on a 8,142 Sq Ft Lot and features – bedrooms & – full bathrooms. It is currently priced at $1,695,000 and was built in 1910. This address can also be written as 601 S 5th St, San Jose, CA 95112.
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This listing information is up-to-date as of November 03, 2025. For the most current information, please contact Ray Rodriguez, (650) 405-0743
