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1077-1089 N 5th St

San Jose, CA 95112
  • $8,080,000
  • STATUS: Active
  • ON SITE: 58 Days
  • ID#: ML81917107
UPDATED: 67 min ago
$8,080,000
  • 0
    BEDS
  • 0.53
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 12,944
    SQFT
  • $624
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1957
County:

School Ratings & Info

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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© 2023 MLSListings Inc. Based on information from MLSListings MLS as of 2023-03-25T20:49:24.01. Data is updated hourly. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. DX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or COMPASS.

Licensed in the State of California.
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1077-1089 N 5th St San Jose, CA 95112

  • Price: $8,080,000
  • Status: Active
  • On Site: 58 Days
  • Updated: 67 min ago
  • ID#: ML81917107
0
Beds
0
Baths
0
½ Baths
0.53
Acres
12,944
SQFT
$624
$/SQFT
1957
Built
Neighborhood:
Central San Jose
County:
Santa Clara
Area:
Central San Jose
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.
Exterior Features

Foundation Concrete PerimeterPost And PierWood Frame Garage Parking CarportUncovered Parking Number Of Buildings 4 Parking Spaces 9 Pool YN No Roof CompositionShingle Units In Complex Min 23

Interior Features

Beds Unit1 1 Beds Unit2 2 Cooling Ceiling Fan Heating Wall Furnace Structure Sq Ft 12944

Property Features

Accessibility Features Other Additional Listing Info Not Applicable City Name San Jose Hoa YN No Lot Size Area Maximum 23172.00 Meters Master WaterSeparate ElectricSeparate Gas Rent Unit1 1486 Rent Unit2 1770 Restrictions None Security Features None Sewer Septic Sewer - Public Sq Ft Source Other Utilities Individual Electric MetersIndividual Gas MetersPublic Utilities Water Public Zoning R3

© 2023 MLSListings Inc. All rights reserved. Listing provided courtesy of David Katz of David Katz, Broker: 408-758-0718.


© 2023 MLSListings Inc. Based on information from MLSListings MLS as of 2023-03-25T20:49:24.01. Data is updated hourly. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. DX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or COMPASS.

Licensed in the State of California.
Website powered by BoomTown.
 
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COMPASS
750 University Ave Suite 150
Los Gatos CA, 95032