393 N 5th ST, San Jose, CA 95112
- $2,920,000
- 7,924
- SqFt
Listed by Ray Rodriguez, 650-405-0743 from Compass
(If provided) CoList: Tony Zizzo from Compass
Sold listing courtesy of Leah Chen from NULEV
- Sold Price
- $2,920,000
- List Price
- $3,125,000
- Closing Date
- Mar 05, 2026
- MLS#
- ML82030789
- Status
- SOLD
- Sqft. of Residence
- 7,924
- Lot Size
- 10,764
- Listing Area
- Central San Jose
- Year Built
- 1963
Property Description
Located on a corner lot in the Hensley Neighborhood, this multifamily asset offers an opportunity to own in San Jose, less than one mile from San Jose State University. The property benefits from strong rental demand driven by proximity to major employment and educational hubs. The asset consists of 12 units with a mix of (3) 2BD/1BA units, (8) 1BD/1BA units, and (1) studio. Tenants enjoy immediate access to Downtown San Jose dining, retail, nightlife, and cultural amenities, as well as close proximity to San José State University. The property totals approximately 7,924 SF on a 10,764 SF lot and is constructed on a cinderblock and concrete perimeter foundation with crawlspace access. Parking is above average with 12 assigned spaces, including 4 tuck-under and 8 uncovered stalls. Each unit features a private balcony, and a centrally located courtyard provides shared outdoor space. Recent improvements include a newer roof replaced in 2024. Most units feature updated carpet flooring, while original cabinetry and countertops remain, offering value-add potential. All units include white appliances and wall furnaces. The property offers stable in-place income with future upside in a supply-constrained Downtown San Jose submarket.
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Additional Information
- Cooling System
- Other
- Days On Market
- Unknown
- Floor Covering
- Carpet, Tile
- Foundation
- Concrete Block, Crawl Space
- Garage Parking
- Carport, Uncovered Parking
- Heating System
- Wall Furnace
- Laundry Facilities
- Coin Operated
- Living Area
- 7,924
- Lot Size
- 10,764
- Neighborhood
- Central San Jose
- Other Utilities
- Individual Electric Meters, Individual Gas Meters
- Roof
- Flat / Low Pitch, Rolled Composition
- Sewer
- Sewer - Private
- Unincorporated Yn
- Yes
- Zoning
- R4
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