59 S 5th ST, San Jose, CA 95112
- $3,600,000
- 10,706
- SqFt
Listed by Eymon Binesh, 650-546-1030 from Marcus & Millichap
(If provided) CoList: Robert Johnston from Marcus & Millichap
Sold listing courtesy of Eymon Binesh from M&MKW
- Sold Price
- $3,600,000
- List Price
- $3,728,000
- Closing Date
- Jul 02, 2025
- MLS#
- ML82002208
- Status
- SOLD
- Sqft. of Residence
- 10,706
- Lot Size
- 9,509
- Listing Area
- Central San Jose
- Year Built
- 1922
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.
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Additional Information
- Acres
- 0.22
- Age
- 103
- Cooling System
- None
- Days On Market
- Unknown
- Foundation
- Concrete Perimeter
- Garage Parking
- Off-Site Parking, Off-Street Parking, Uncovered Parking
- Heating System
- Wall Furnace
- Living Area
- 10,706
- Lot Size
- 9,509
- Neighborhood
- Central San Jose
- Other Utilities
- Individual Electric Meters, Individual Gas Meters
- Roof
- Rolled Composition
- Sewer
- Sewer Connected
- Style
- Colonial
- Unincorporated Yn
- Yes
- Zoning
- R4
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