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Berkshire Hathaway HomeServices California Properties

315 N 5th Street, San Jose, CA 95112

$1,150,000 Approx. USD

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Berkshire Hathaway HomeServices California Properties 11828 Rancho Bernardo Rd, Ste 210
San Diego, CA 92128 888-995-7575

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Listing Agent

Michael Shields | michael@svmultifamily.com
Lic#: 01327546
Broker: Courtesy of SiliconValley MultiFamilyGroup
Phone: 408-356-1900

Listing Details

Property type: (Commercial)

Property Sub-Type:

Status: Active

Listing ID: ML82052616

Price: $1,150,000

Rental Rate: $1,150,000

Lot Size:

HOA Fee is $0.00

Built in 1898

0.16 acres

County: Santa Clara

Zoning: R4

Heating description: Wall Furnace

Last Updated: 7/20/2026

Days On Market (DOM): 35

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Lat/Long: 37.342781, -121.890237.
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Lot Details

Easement Present: (Easement present. For more information, contact agent.)

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Property Details

Downtown San Jose multifamily property presents a value-add opportunity for investors experienced in property renovation and lease-up strategies. The property consists of 5 units, including one 1br/1ba unit and four studios. One of the vacant studio units is rentable in its current condition with limited repairs, while the other two vacant studios require renovation prior to occupancy. While various improvements have been made over the years, the building would be more valuable and command higher rents if the units were renovated and additional capital improvements are made. The building is master-metered for water, sewer, gas, and electricity, all of which are currently paid by the owner. Plumbing consists primarily of galvanized piping. The building includes a large unfinished attic area that may offer development opportunities. The property also contains a substantial basement area with multiple storage rooms. Property includes an on-site washer and dryer for tenant use. Rear parking area accommodates approximately six vehicles. The property is located within Downtown San Jose and provides convenient access to major employment centers, public transportation, retail services, restaurants, entertainment venues, and ongoing redevelopment activity throughout the urban core.

Financials

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DISCLAIMER: There is NO WARRANTY, expressed or implied, for the accuracy of this information or its applicability to your financial situation. Please consult your financial and/or tax advisor. GET PRE-APPROVED The loan's interest rate will depend upon the specific characteristics of the loan transaction and credit profile up to the time of closing.

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