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Berkshire Hathaway HomeServices California Properties

523 N 2nd Street, San Jose, CA 95112

$10,600,000 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

Cole Simpson | cole.simpson@marcusmillichap.com
Lic#: 02016525
Broker: Courtesy of Marcus & Millichap
Phone: 650-391-1735

Co Listing Agent

Robert Johnston | robert.johnston@marcusmillichap.com
Lic#: 01853816
Broker: Courtesy of Marcus & Millichap
Phone: 510-304-8077

Listing Details

Property type: (Commercial)

Property Sub-Type:

Status: Pending

Listing ID: ML82015189

List price is $10,600,000 Reduced by $400,000 on 1/12/2026

Price: $10,600,000

Rental Rate: $10,600,000

Lot Size:

HOA Fee is $0.00

Built in 1948

0.87 acres

County: Santa Clara

Zoning: R3

Heating/cooling: None

Heating description: Wall Furnace

Last Updated: 7/29/2026

Days On Market (DOM): 347

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Lat/Long: 37.345637, -121.896899.
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Lot Details

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

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Property Details

First Street Manor is an exceptional 39-unit apartment community located at 523-530 N First St in the thriving city of San Jose, California. Situated on 0.87 acre parcel of land, the subject property was originally constructed in 1948 and has a gross building area of approximately 18,320 total square feet, offering its tenants beautifully designed two-bedroom, one-bedroom, and studio floor plans. Residents at First Street Manor enjoy multiple convenient community amenities including an on-site laundry facility, private covered parking, secured gated perimeter and a secluded community courtyard area. The subject property has also recently undergone extensive capital improvements such as a new roof installed in 2024, complete interior renovations for all units, and dual-pane windows throughout. First Street Manor sits near Downtown San Jose and is within walking distance to the Target anchored San Jose Market Center, both being home to a myriad of dining, shopping, and entertainment options.The subject property also boasts convenient access to the San Jose Mineta International Airport (SJC). SJC is one of the busiest airports in all of Northern California serving millions of passengers every year to both domestic and international destinations.

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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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