Marcus & Millichap is pleased to present the investment
opportunity located at 1073 N 5th Street in San Jose,
California. Long-term renter appeal for this asset is
anchored by proximity to major employers, key
transportation corridors, and numerous lifestyle amenities.
The attractive, four-unit apartment complex is situated on
a parcel of land totaling 0.13 acres and features a gross
building area of approximately 1,680 square feet. Built in
1954, the property benefits from a world-class location
near Downtown San Jose in the renown Silicon Valley
region. Residents enjoy direct access to many of the
nations top tech employers, including Apple, Google,
Tesla, Facebook, IBM, Intel, Yahoo, Cisco Systems, Adobe
Systems, and LinkedIn. Likewise, the multifamily building
sits near Santa Clara University, ranked 56th among
undergraduate nationwide, and San Jose State University,
ranked third among public universities nationwide.
Additionally, the property is just a few blocks from multiple
travel corridors, including Highways 87, 880, and 101.
Overall, the property presents an attractive choice for
multifamily investors thanks to its premier location
combined with San Joses strong employment
fundamentals and low vacancy levels.
68 days
|
321
|
5
|
Zillow last checked:
Listing updated:
Listed by:
Michael Henshaw01134592650-269-6453,
Marcus & Millichap650-391-1700
Source: MLSListings Inc,MLS#: ML82046911
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Facts & features
Interior
Bedrooms & bathrooms
Bedrooms: 4
Bathrooms: 4
Heating
Gas
Cooling
Other
Features
Flooring: Carpet, Laminate, Other, Tile
Doors: Other
Interior area
Total structure area: 1,680
Total interior livable area: 1,680 sqft
Property
Parking
Total spaces: 5
Parking features: Carport
Carport spaces: 5
Accessibility
Accessibility features: Other
Features
Stories: 1
Lot
Size: 5,760 Square Feet
Details
Parcel number: 23509008
Zoning: R3
Special conditions: Standard
Construction
Type & style
Home type: MultiFamily
Property subtype: Quadruplex, Residential Income
Materials
Foundation: Concrete Perimeter
Roof: Composition
Condition
Year built: 1954
Utilities & green energy
Gas: IndividualGasMeters, PublicUtilities
Sewer: Public Sewer
Water: Public
Utilities for property: Public Utilities, Water Public, Individual Electric Meters, Individual Gas Meters
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Principal & interest
$1,547
Mortgage insurance
$0
Property taxes
$170
Home insurance
$105
HOA fees
$0
Utilities
Not included
All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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