North 5th
San Jose, CA 95112
Downtown- 1 Bed
- 2 Baths
- 1,332 sqft
1 Bed
2 Baths
1,332 sqft
Local Information
-- mins to
Description
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.
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.
Home Highlights
Parking
Carport
Outdoor
No Info
A/C
Heating & Cooling
HOA
None
Price/Sqft
$863
Listed
Less than a day ago
Home Details for North 5th
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Beds & Baths Number of Bedrooms: 1Number of Bathrooms: 2 |
Dimensions and Layout Living Area: 1332 Square Feet |
Appliances & Utilities Utilities: Public Utilities, Water PublicAppliances: Washer/Dryer |
Heating & Cooling Heating: Wall FurnaceHas CoolingAir Conditioning: Ceiling Fan(s)Heating Fuel: Wall Furnace |
Gas & Electric Gas: PublicUtilities |
Windows, Doors, Floors & Walls Door: NoneFlooring: Carpet, Laminate, Tile, Vinyl Linoleum |
Levels, Entrance, & Accessibility Accessibility: NoneFloors: Carpet, Laminate, Tile, Vinyl Linoleum |
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Exterior Home Features Roof: CompositionFoundation: Concrete Perimeter |
Parking & Garage Has a CarportNo GarageParking Spaces: 5Parking: Carport |
Water & Sewer Sewer: Public Sewer |
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Days on Market: <1 day on Trulia |
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Year Built Year Built: 1898 |
Property Type / Style Property Type: Residential IncomeProperty Subtype: Five Or More Units, Residential Income |
Property Information Included in Sale: OvenRangeSomeUnitsParcel Number: 24946056 |
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Price List Price: $1,150,000Price Per Sqft: $863 |
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Direction & Address City: SanJose |
School Information Elementary School District: SanJoseUnifiedHigh School District: SanJoseUnified |
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Listing Agent Listing ID: ML82052616 |
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Building Area Building Area: 1332 |
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Units in Building: 5 |
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Lot Area: 6900 sqft |
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Special Conditions: Standard |
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Listing Agreement Type: ExclusiveAgencyListing Terms: CashorConventionalLoan |
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Mls Number: ML82052616 |
Last check for updates: about 7 hours ago
Listing courtesy of Michael Shields 01327546, (408) 356-1900
SiliconValley MultiFamilyGroup, (408) 356-1900
Source: MLSListings Inc, MLS#ML82052616

Also Listed on MLSListings Inc.
Market trends in Downtown
Last updated May 2026
Avg. sale price
$1.08M
$112KMoM
Sale-to-List Price
100.9%
0.9%MoM
Price per sq ft
$707
$16MoM
Available listings
151
10MoM
Price History for North 5th
| Date | Price | Event | Source |
|---|---|---|---|
| 06/29/2026 | $1,150,000 | Listed For Sale | MLSListings Inc #ML82052616 |
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Comparable Sales for North 5th
Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
0.00 | Multi-Family Home | $1,530,000 | 06/18/26 | 1 | 1 | 2,726 | |
0.00 | Multi-Family Home | $900,000 | 04/10/26 | 3 | 2 | 3,096 | |
0.60 | Multi-Family Home | $1,110,000 | 01/23/26 | 1 | 2 | 2,280 | |
0.27 | Multi-Family Home | $3,600,000 | 07/02/25 | 1 | 2 | 10,706 | |
0.28 | Multi-Family Home | $1,062,500 | 06/11/26 | 6 | 2 | 1,776 | |
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 | $2,025,000 | 10/14/25 | 5 | 4 | 4,817 | |
0.40 | Multi-Family Home | $1,260,000 | 12/18/25 | 2 | 4 | 2,325 | |
0.00 | Multi-Family Home | $2,920,000 | 03/05/26 | 3 | 3 | 7,924 |
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.
LGBTQ Local Legal Protections
LGBTQ Local Legal Protections
Michael Shields, SiliconValley MultiFamilyGroup, (408) 356-1900
Agent Phone: (408) 356-1900

Based on information from the MLSListings MLS as of 2026-06-29 20:15:12 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.

