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.
Under contract
$3,728,000
S 5th St, San Jose, CA 95112
--beds
--baths
10,706sqft
Est.:
Five Or More Units,
Built in 1922
-- sqft lot
$-- Zestimate®
$348/sqft
$-- HOA
What's special
- 16 days
- on Zillow |
- 165 |
- 7 |
Zillow last checked: 7 hours ago
Listing updated: April 25, 2025 at 12:34am
Listed by:
Eymon Binesh 02060059 650-546-1030,
Marcus & Millichap,
Robert Johnston 01853816 650-391-1744
Source: MLSListings Inc,MLS#: ML82002208

Travel times
Facts & features
Interior
Heating
- Wall Furnace
Cooling
- None
Appliances
- Included: Gas Cooktop, Oven/Range
Interior area
- Total structure area: 10,706
- Total interior livable area: 10,706 sqft
Property
Parking
- Total spaces: 15
- Parking features: Off Site, Off Street
- Has carport: Yes
Accessibility
- Accessibility features: Parking
Lot
- Size: 9,496.08 Square Feet
Details
- Parcel number: 46723023
- Zoning: R4
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Colonial
- Property subtype: Five Or More Units,
Materials
- Foundation: Concrete Perimeter
- Roof: RolledHotMop
Condition
- Year built: 1922
Utilities & green energy
- Gas: IndividualGasMeters
- Water: Public
- Utilities for property: Water Public
Community & HOA
Location
- Region: San Jose
Financial & listing details
- Price per square foot: $348/sqft
- Date on market: 4/11/2025
- Listing agreement: ExclusiveRightToSell
- Lease term: Month To Month
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