Property listed by Marcus & Millichap, Mitchell Zurich 650-391-1700
439441 S 5th Street
San Jose, CA 95112
Square Ft.
6,828
$4,150,000
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,… Read More 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. Read Less
Listing Snapshot
Days Online
12
Last Updated
Square Ft.
6,828
Lot Size
0.22 Acres
Year Built
1957
MLS Number
ML82044370
Additional Details
Building
Built in 1957, 2 buildings
Cooling
None
Expenses
Insurance: $9,000, Maintenance: $7,800, Trash: $5,779, Other Expense: $3,001
Based on information from California Regional Multiple Listing Service, Inc. as of and/or other sources. 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.
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