North 5th
San Jose, CA 95112
Downtown- 3 Beds
- 3 Baths
- 7,924 sqft (on 0.25 acres)
$2,920,000
Last Sold: Mar 5, 2026
7% below list $3.13M
$369/sqft
Est. Refi. Payment $17,828/mo*
$2,920,000
Last Sold: Mar 5, 2026
7% below list $3.13M
$369/sqft
Est. Refi. Payment $17,828/mo*
3 Beds
3 Baths
7,924 sqft
(on 0.25 acres)
Local Information
-- mins to
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 José 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.
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 José 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.
Home Highlights
Parking
Carport
Outdoor
No Info
A/C
Heating & Cooling
HOA
None
Price/Sqft
$369/sqft
Listed
180+ days ago
Home Details for North 5th
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Interior Details Number of Rooms: 1Types of Rooms: Kitchen |
Beds & Baths Number of Bedrooms: 3Number of Bathrooms: 3 |
Dimensions and Layout Living Area: 7924 Square Feet |
Appliances & Utilities Appliances: Exhaust Fan, Electric Oven/RangeLaundry: Coin Operated |
Heating & Cooling Heating: Wall FurnaceHas CoolingAir Conditioning: OtherHeating Fuel: Wall Furnace |
Gas & Electric Gas: IndividualGasMeters |
Windows, Doors, Floors & Walls Door: OtherFlooring: Carpet, Tile |
Levels, Entrance, & Accessibility Accessibility: OtherFloors: Carpet, Tile |
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Exterior Home Features Roof: Flat Rolled Hot MopFoundation: Block, Crawl Space |
Parking & Garage Has a CarportNo GarageParking Spaces: 8Parking: Carport |
Water & Sewer Sewer: Private Sewer |
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Year Built Year Built: 1963 |
Property Type / Style Property Type: Residential IncomeProperty Subtype: Five Or More Units, Residential Income |
Property Information Parcel Number: 24946080 |
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Price List Price: $3,125,000Price Per Sqft: $369/sqft |
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Direction & Address City: SanJose |
School Information Elementary School District: SanJoseUnifiedHigh School District: SanJoseUnified |
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Building Area Building Area: 7924 |
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Units in Building: 12 |
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Lot Area: 10764 sqft |
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Special Conditions: Standard |
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Listing Agreement Type: ExclusiveAgency |
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Mls Number: ML82030789 |
Last check for updates: about 14 hours ago
Listed by Ray Rodriguez 01999734, (650) 405-0743
Compass, (415) 345-3000
Tony Zizzo 01962093, (650) 770-8356
(415) 345-3000
Bought with: Leah Chen 01375897, (415) 205-7636, Nu Level Realty Inc., (650) 652-9439
Source: MLSListings Inc, MLS#ML82030789

Price History for North 5th
| Date | Price | Event | Source |
|---|---|---|---|
| 03/05/2026 | $2,920,000 | Sold | MLSListings Inc #ML82030789 |
| 02/25/2026 | $3,125,000 | Pending | MLSListings Inc #ML82030789 |
| 01/10/2026 | $3,125,000 | Listed For Sale | MLSListings Inc #ML82030789 |
Market trends in Downtown
Last updated June 2026
Avg. sale price
$1.05M
$32.5KMoM
Sale-to-List Price
101.2%
0.3%MoM
Price per sq ft
$731
$24MoM
Available listings
154
2MoM
Comparable Sales for North 5th
Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
0.00 | Multi-Family Home | $1,900,000 | 12/02/25 | 3 | 3 | 4,644 | |
0.00 | Multi-Family Home | $3,250,000 | 09/04/25 | 2 | 2 | 10,893 | |
0.00 | Multi-Family Home | $3,550,000 | 07/25/25 | 6 | 4 | 6,027 | |
0.00 | Multi-Family Home | $3,800,000 | 02/06/26 | 6 | 6 | 9,070 | |
0.00 | Multi-Family Home | $2,025,000 | 10/14/25 | 5 | 4 | 4,817 | |
0.00 | Multi-Family Home | $900,000 | 04/10/26 | 3 | 2 | 3,096 | |
0.00 | Multi-Family Home | $1,950,000 | 05/19/26 | 8 | 5 | 4,475 | |
0.00 | Multi-Family Home | $4,500,000 | 06/04/26 | 8 | 6 | 12,325 | |
0.27 | Multi-Family Home | $1,950,000 | 09/27/25 | 2 | 1 | 6,704 |
Nearby homes
Get a sense of prices in the area by checking nearby homes.Assigned Schools
These are the assigned schools for North 5th.
What Locals Say about Downtown
At least 626 Trulia users voted on each feature.
93 % Say there are sidewalks
87 % Say it's dog friendly
79 % Say it's walkable to restaurants
72 % Say car is needed
68 % Say it's walkable to grocery stores
65 % Say streets are well-lit
60 % Say there's holiday spirit
55 % Say yards are well-kept
51 % Say people would walk alone at night
48 % Say parking is easy
46 % Say neighbors are friendly
45 % Say they plan to stay for at least 5 years
41 % Say kids play outside
39 % Say it's quiet
35 % Say there are community events
33 % Say there's wildlife
Sourced by Trulia users. Learn more about our methodology.
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Based on information from the MLSListings MLS as of 2026-07-20 07:11:24 PDT. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.