San Jose, CA 95112,393 N 5th Street
$3,125,000
Est. payment /mo
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7,924 SqFt
Open Fri 4PM-5:30PM

393 N 5th Street San Jose, CA 95112

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Open House

Fri Jan 16, 4:00pm - 5:30pm

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Key Details

Property Type Commercial

Sub Type Other

Listing Status Active

Purchase Type For Sale

Square Footage 7,924 sqft

Price per Sqft $394

MLS Listing ID ML82030789

HOA Y/N No

Year Built 1963

Lot Size 10,764 Sqft

Property Sub-Type Other

Source Datashare MLSListings

Property Description

Located on a corner lot in the Hensley Neighborhood, this multifamily asset offers an opportunity to own in San Jose, less than one mile from San Jose State University. The property benefits from strong rental demand driven by proximity to major employment and educational hubs. The asset consists of 12 units with a mix of (3) 2BD/1BA units, (8) 1BD/1BA units, and (1) studio. Tenants enjoy immediate access to Downtown San Jose dining, retail, nightlife, and cultural amenities, as well as close proximity to San Jos State University. The property totals approximately 7,924 SF on a 10,764 SF lot and is constructed on a cinderblock and concrete perimeter foundation with crawlspace access. Parking is above average with 12 assigned spaces, including 4 tuck-under and 8 uncovered stalls. Each unit features a private balcony, and a centrally located courtyard provides shared outdoor space. Recent improvements include a newer roof replaced in 2024. Most units feature updated carpet flooring, while original cabinetry and countertops remain, offering value-add potential. All units include white appliances and wall furnaces. The property offers stable in-place income with future upside in a supply-constrained Downtown San Jose submarket.

Location

State CA

County Santa Clara

Interior

Heating Wall Furnace

Cooling Other

Flooring Tile

Fireplace No

Laundry Coin Operated

Exterior

Handicap Access Other


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Max Manatt

Max Manatt

Agent | License ID: 01957416

+1(925) 980-3375

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393 N 5th Street