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59 S 5th Street, San Jose, CA 95112

Commercial property

59 S 5th Street, San Jose, CA 95112 Sold July 2025 CRMLS
$3,600,000Sold July 2025

Listing Agent: Eymon Binesh (DRE #02060059) · Listing Office: Marcus & Millichap · Contact: (650) 391-1700 · Bought with: Eymon Binesh · Marcus & Millichap · MLS #ML82002208 · Source: CRMLS

10,706
Building Sq Ft
9,509 sqft
Lot Size
1922
Year Built
R4
Zoning
Commercial property
Type

About this commercial property

Marcus & Millichap is pleased to present 59 S 5th Street, a charming 16-unit Colonial Revival apartment building located in the heart of Downtown San Jose, California. This rare opportunity offers investors the chance to own a character-rich asset in one of Silicon Valley's most desirable areas. The timeless architecture appeals to renters seeking charm and a sense of place, distinguishing it from more generic modern buildings. Ideally situated across from San Jose State University (37,500+ students, 4,300+ staff) and next to San Jose City Hall, the property enjoys strong rental demand and prime walkability. With a low price of $233,000 per unit, strong in-place cash flow, and attractive bank financing options, 59 S 5th Street is a compelling investment in a high-growth market. Opportunities like this in Downtown San Jose are rare -- don't miss out.

Listing description from the July 2025 sale, as reported to CRMLS.

Sale history

$3,600,000
Sold July 2025 · listed $3,728,000, on market April 2025 · MLS #ML82002208 · Source: CRMLS
Listing Agent: Eymon Binesh · Listing Office: Marcus & Millichap · Contact: (650) 391-1700 · Bought with: Eymon Binesh · Marcus & Millichap
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