1077-1089 N 5th ST, San Jose, CA 95112
- $8,080,000
- 12,944
- SqFt
- List Price
- $8,080,000
- MLS#
- ML81917107
- Status
- ACTIVE
- Property Type
- com
- Sqft. of Residence
- 12,944
- Lot Size
- 23,172
- Listing Area
- Central San Jose
- Year Built
- 1957
Property Description
Magnify is pleased to present 1077-1089 N 5th Street, a 23-unit multifamily portfolio on four separate parcels in San Jose. Constructed in 1957, the properties consist of (10) 2BD/1BA and (13) 1BD/1BA totaling 12,944 building square feet on a large 0.53 acre lot. The portfolio is available together or separately, and features (1) 4-plex, (2) 6-unit buildings, and (1) 7-unit building. 16 out of 23 units (~70%) have been fully remodeled with new kitchens, bathrooms, dual-pane windows, LVP floors, plumbing upgrades, and more. The property is in a core Silicon Valley location that will benefit from numerous development projects nearby, including the planned Google Downtown West project. Tenants enjoy many restaurants and boutique shops close by in Japantown and downtown San Jose, along with easy access to San Jose State University, top tech employers in the downtown corridor, and Highways 101, 680, and 880.
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Additional Information
- Acres
- 0.53
- Age
- 66
- Cooling System
- Ceiling Fan
- Foundation
- Concrete Perimeter, Post and Pier, Wood Frame
- Garage Parking
- Carport, Uncovered Parking
- Heating System
- Wall Furnace
- Living Area
- 12,944
- Lot Size
- 23,172
- Neighborhood
- Central San Jose
- Other Utilities
- Individual Electric Meters, Individual Gas Meters, Public Utilities
- Roof
- Composition, Shingle
- Sewer
- Sewer - Public
- Special Features
- Other
- Unincorporated Yn
- Yes
- Zoning
- R3
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Listing courtesy of David Katz from David Katz, Broker. 408-758-0718
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