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C$ 4,150,000

Est. payment | -/mo

2 Beds

1 Bath

6,828 SqFt

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C$ 4,150,000

Est. payment | -/mo

Save

2 Beds

1 Bath

6,828 SqFt

Key Details

Property Type Commercial

Sub Type Five or More Units

Listing Status Active

Purchase Type For Sale

Square Footage 6,828 sqft

Price per Sqft C$607

Lot Size 9,522 Sqft

MLS Listing ID ML82044370

Bedrooms 2

Full Baths 1

Property Description

Veridian on 5th is a 12 unit apartment community located just ±300 feet from San José 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 with highly functional layouts that appeal to roommates, students, and young professionals, supporting consistent rental demand. There is also meaningful remaining income upside, providing a clear opportunity to increase rents and enhance returns. Located directly across the street from San José State University, residents benefit from true walkable access to campus, along with proximity to Downtown San Jose and San Pedro Square within approximately 0.5 miles, offering a wide range of dining, retail, and entertainment options. The property is also approximately two miles from Diridon Station, providing connectivity to Caltrain, ACE, and future BART service. Supported by the demand drivers of San José State University and the broader Silicon Valley employment base, the property benefits from strong long term rental fundamentals. Select units feature in unit washer and dryer, including Unit 439-5, adding to tenant convenience and overall rental appeal.

Location

State CA

County Santa Clara

Area Central San Jose

Building/Comlex Name VERIDIAN ON 5TH

Zoning R4

Interior

Heating Wall Furnace

Cooling None

1-purchase type For Sale

Exterior

Garage Uncovered Parking

Utilities Available Individual Electric Meters

Roof Type Composition

Building

Foundation Concrete Perimeter and Slab

Sewer Sewer Connected

Water Water On Site

Others

Restrictions None

Tax ID 467-47-071

Security Features None

Special Sale Not Applicable

Listed by Mitchell Zurich of Marcus & Millichap
Bought with Mitchell Zurich of Marcus & Millichap

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557 SE Washington Ave, Minneapolis, MN, 55455, USA

439-441 S 5th ST San Jose, CA 95112

Key Details

Location

Interior

Exterior

Building

Others

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439-441 S 5th ST