San Jose, CA 95112,601 S 5th Street
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San Jose, CA 95112,601 S 5th Street
San Jose, CA 95112,601 S 5th Street
San Jose, CA 95112,601 S 5th Street
San Jose, CA 95112,601 S 5th Street
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Listed by Ray Rodriguez • Compass
$ 1,695,000
Est. payment /mo
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Pending

601 S 5th Street San Jose, CA 95112

3,560 SqFt


UPDATED:

Key Details

Property Type Commercial

Sub Type Other

Listing Status Pending

Purchase Type For Sale

Square Footage 3,560 sqft

Price per Sqft $476

MLS Listing ID ML82025799

HOA Y/N No

Year Built 1910

Lot Size 8,142 Sqft

Property Sub-Type Other

Source Datashare MLSListings

Property Description

601 S 5th Street is now available - a rare multifamily asset offering steady income and growth potential in San Jose's thriving urban core. This impressive two-story income property sits just two blocks from SJSU, placing tenants in an unbeatable location surrounded by education, culture, dining, transit, and tech employment hubs. Discover eight efficiently designed units: (1) 1 Bed / 2 Ba, (1) 1 Bed / 1 Ba, and (6) Studios, each with dedicated parking and access to a shared coin-op laundry room. With ~3,560 sq. ft. of rentable space on a 0.19-acre lot, the property's four-units-per-floor layout maximizes occupancy, privacy, and operational efficiency. Investors will also appreciate the potential for additional income through ADU, storage units, or unit modernization to elevate returns. The fundamentals align: an excellent location, consistent tenant demand, and measurable upside. Current metrics indicate strong rental performance with a projected Cap Rate of 8.13 and GRM 8.78. Walking distance from Downtown San Jose with easy connectivity to major highways (280, 87, 101) and global employers like Cisco, PayPal, Adobe, and Apple. 601 S 5th Street delivers what serious investors seek, reliable cash flow, low vacancy, and growth potential in a prime Silicon Valley corridor.

Location

State CA

County Santa Clara

Interior

Heating Other

Cooling Other

Flooring Tile

Fireplace No

Laundry Coin Operated

Exterior

Handicap Access Other


Bay East Association of Realtors
Garrick Yan

Garrick Yan

Team Leader | CA BRE #01916102

+1(510) 999-8008

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