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    354 N 5th St

    San Jose, CA 95112
    • $2,550,000
    • STATUS: Active
    • ON SITE: 26 days
    • ID#: ML81827979
    UPDATED: 154 min ago
    $2,550,000
    • 0
      BEDS
    • N/A
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 3,904
      SQFT
    • $653
      $/SQFT
    Neighborhood:
    Central San Jose
    Type:
    Multi-Family
    Built:
    1956
    County:
    Santa Clara
    Area:
    Central San Jose

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    Description

    354 N. 5th Street is an excellent value-add investment opportunity in the heart of Silicon Valley. Constructed in 1956, the property consists of (8) one-bedroom/one-bathroom units with strong current income and further upside in rents. Notable capital improvements include new exterior paint, dual pane windows, plumbing and drain line upgrades, new water heater, and multiple renovated interior units. The property also features covered parking with tenant storage lockers and a coin-operated laundry room. The building is located walking distance to Downtown San Jose and San Pedro Square. It is also less than 10 minutes away from top tech employers, including the new Google Headquarters development, Zoom, Adobe, and eBay. Tenants enjoy easy access to local restaurants and shops, in addition to public transportation and Highways 280, 880, and 101.

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    © 2021 MLSListings Inc. Based on information from MLSListings MLS as of 2021-02-27T23:48:16.673. 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 Intero Real Estate.

    Licensed in the State of California.
    www.dominicnicoli.com/homes/113825112
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    354 N 5th St San Jose, CA 95112

    • Price: $2,550,000
    • Status: Active
    • Updated: 154 min ago
    • ID#: ML81827979
    0
    Beds
    0
    Baths
    0
    ½ Baths
    N/A
    Acres
    3,904
    SQFT
    $653
    $/SQFT
    1956
    Built
    Neighborhood:
    Central San Jose
    County:
    Santa Clara
    Area:
    Central San Jose
    Property Description
    354 N. 5th Street is an excellent value-add investment opportunity in the heart of Silicon Valley. Constructed in 1956, the property consists of (8) one-bedroom/one-bathroom units with strong current income and further upside in rents. Notable capital improvements include new exterior paint, dual pane windows, plumbing and drain line upgrades, new water heater, and multiple renovated interior units. The property also features covered parking with tenant storage lockers and a coin-operated laundry room. The building is located walking distance to Downtown San Jose and San Pedro Square. It is also less than 10 minutes away from top tech employers, including the new Google Headquarters development, Zoom, Adobe, and eBay. Tenants enjoy easy access to local restaurants and shops, in addition to public transportation and Highways 280, 880, and 101.
    Exterior Features

    Foundation Concrete PerimeterPost And Pier Garage Parking CarportUncovered Parking Number Of Buildings 1 Pool YN No Roof CompositionShingle Units In Complex Min 8

    Interior Features

    Beds Unit1 1 Cooling None Heating Wall Furnace Structure Sq Ft 3904

    Property Features

    Accessibility Features None Additional Listing Info Not Applicable City Name San Jose Hoa YN No Lot Size Area Maximum 7210.00 Meters Master ElectricMaster GasMaster WaterSeparate ElectricSeparate Gas Restrictions None Security Features None Sewer Septic Sewer - Public Sq Ft Source Assessor Utilities Individual Electric MetersIndividual Gas MetersPublic Utilities Water Public Zoning Rm

    © 2021 MLSListings Inc. All rights reserved. Listing provided courtesy of Eric Katz of Katz Inc.


    © 2021 MLSListings Inc. Based on information from MLSListings MLS as of 2021-02-27T23:48:16.673. 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 Intero Real Estate.

    Licensed in the State of California.
     
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