439441 S 5th Street, San Jose, CA 95112
- $4,150,000
- List Price
- $4,150,000
- Status
- ACTIVE
- MLS#
- ML82044370
- Year Built
- 1957
- Lot Size
- 9,522
- Acres
- 0.22
- Days on Market
- 148
- Property Type
- Commercial
Property Description
Veridian on 5th is a 12 unit apartment community located across the street from San Jose State University, offering a premier downtown San Jose setting with immediate access to a strong and consistent tenant base. The property features an all two bedroom unit mix and benefits from individually metered water, gas, and electric, reducing operating expenses and providing additional upside. The units offer functional layouts that appeal to roommates, students, and young professionals, supporting consistent rental demand. There is meaningful remaining income upside, offering a clear opportunity to increase rents and enhance returns. Located directly across from San Jose State University, residents enjoy true walkable access to campus, along with proximity to Downtown San Jose and San Pedro Square within approximately 0.5 miles. The property is also close to Diridon Station, providing access to Caltrain, ACE, and future BART service. Supported by SJSU and Silicon Valley employment, the property benefits from strong long term rental fundamentals. A full marketing package is available upon request.
Additional Information
- Taxes
- $53,460
- Heat
- Wall Furnace
- Cooling
- Yes
- Cooling Description
- None
- Roof
- Composition
- School District
- San Jose Unified
- Attached Structure
- Detached
- Number Of Units Total
- 12
- Gross Scheduled Income
- $314,675
Listing courtesy of Listing Agent: Mitchell Zurich (mzurich@marcusmillichap.com) from Listing Office: Marcus & Millichap.
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Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.