1020 N. 5th Street in San Jose, CA is a combination of four vacant lot zoned for R2 that present a significant development potential in the heart of the Capital of Silicon Valley. The combined square footage allows for 10 total units to be developed (buyer to verify). This is an ideal opportunity for an investor or developer to bring new inventory to one of the most lucrative real estate markets in the country. Particularly in an area just minutes from the Golden Triangle, North San Jose's premier tech hub that hosts more than 30 major technology companies employing over 81,000 people.
Sold for $2,470,000
$2,470,000
1020 N 5th St, San Jose, CA 95112
--beds
--baths
0.63Acres
Residential Lot, Unimproved Land
Built in ----
0.63 Acres Lot
$-- Zestimate®
$--/sqft
$3,096 Estimated rent
Home value
Not available
Estimated sales range
Not available
$3,096/mo
Zestimate® history
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Significant development potential
Zillow last checked:
Listing updated:
Listed by:
Carlos Azucena 01738155 408-205-2679,
Marcus & Millichap 650-391-1700
Bought with:
Carlos Azucena, 01738155
Marcus & Millichap
Lisa Gao, 02050587
Aspire Homes
Source: MLSListings Inc,MLS#: ML82019906
Facts & features
Property
Features
- Fencing: Chain Link
Lot
- Size: 0.63 Acres
- Features: None
Details
- Additional structures: None
- Parcel number: 23509016
- Zoning: R2
- Special conditions: Standard
Utilities & green energy
- Water: None
- Utilities for property: None
Community & HOA
Location
- Region: San Jose
Financial & listing details
- Tax assessed value: $38,662
- Annual tax amount: $672
- Date on market: 9/2/2025
- Listing agreement: ExclusiveRightToSell
Price history
| Date | Event | Price |
|---|---|---|
| 12/30/2025 | Sold | $2,470,000-17.1% |
Source:  MLSListings Inc #ML82019906 Report a problem | ||
| 10/6/2025 | Contingent | $2,980,000 |
Source: MLSListings Inc #ML82019906 Report a problem | ||
| 9/2/2025 | Listed for sale | $2,980,000 |
Source: MLSListings Inc #ML82019906 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $672 -4.2% | $38,662 +2% |
| 2024 | $702 -42% | $37,904 +2% |
| 2023 | $1,209 +74.9% | $37,161 +2% |
| 2022 | $691 +2.2% | $36,433 +2% |
| 2021 | $676 -1.1% | $35,719 +1% |
| 2020 | $683 | $35,353 +2% |
| 2019 | $683 +3.3% | $34,660 +2% |
| 2018 | $662 | $33,981 +2% |
| 2017 | $662 +5.4% | $33,315 +2% |
| 2016 | $628 +31.6% | $32,662 +1.5% |
| 2015 | $477 +5.7% | $32,172 +2% |
| 2014 | $451 | $31,542 +0.5% |
| 2013 | -- | $31,400 +2% |
| 2012 | -- | $30,785 +2% |
| 2011 | -- | $30,182 +0.8% |
| 2010 | -- | $29,957 -0.2% |
| 2009 | -- | $30,029 +2% |
| 2008 | -- | $29,441 |
Find assessor info on the county website
Neighborhood: Downtown
Nearby homes
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Nearby schools
GreatSchools rating
- 6/10Walter L. Bachrodt Elementary SchoolGrades: K-5Distance: 0.7 mi
- 4/10Muwekma Ohlone MiddleGrades: 6-8Distance: 0.3 mi
- 5/10San Jose High SchoolGrades: 9-12Distance: 1.7 mi
Schools provided by the listing agent
- District: SanJoseUnified
Source: MLSListings Inc. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
- California
- Santa Clara County
- San Jose
- 95112
- Downtown
- 1020 N 5th St
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