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(Prices and inventory current as of Nov 30, 1999)

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601 South 5th Street, SAN JOSE, CA 95112

$1,695,000 (Pending)
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Listed by: Ray Rodriguez - Compass

601 South 5th Street, SAN JOSE, CA 95112

$$1,695,000
Pending
est.$1,695,000/month.
beds. baths. 3,560 Sqft.

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601 South 5th Street, SAN JOSE, CA 95112

$1,695,000
Pending
est.$1,695,000/month.
beds baths 3,560 Sq.ft.
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Property details for 601 South 5th Street, SAN JOSE, CA 95112
601 S 5th Street is now available - a rare multifamily asset offering steady income and growth potential in San Jose's thriving urban core. This impressive two-story income property sits just two blocks from SJSU, placing tenants in an unbeatable location surrounded by education, culture, dining, transit, and tech employment hubs. Discover eight efficiently designed units: (1) 1 Bed / 2 Ba, (1) 1 Bed / 1 Ba, and (6) Studios, each with dedicated parking and access to a shared coin-op laundry room. With ~3,560 sq. ft. of rentable space on a 0.19-acre lot, the property's four-units-per-floor layout maximizes occupancy, privacy, and operational efficiency. Investors will also appreciate the potential for additional income through ADU, storage units, or unit modernization to elevate returns. The fundamentals align: an excellent location, consistent tenant demand, and measurable upside. Current metrics indicate strong rental performance with a projected Cap Rate of 8.13 and GRM 8.78. Walking distance from Downtown San Jose with easy connectivity to major highways (280, 87, 101) and global employers like Cisco, PayPal, Adobe, and Apple. 601 S 5th Street delivers what serious investors seek, reliable cash flow, low vacancy, and growth potential in a prime Silicon Valley corridor.
Broker details: Compass

Listed by: Ray Rodriguez
Co-listing Broker: Compass
Co-listing Agent: Tony Zizzo
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Property Description

MLS Information

  • Listing: ML82025799
  • Listing Last Modified: 2025-12-02

Property Details

  • Standard Status: Pending
  • Built in: 1910

Geographic Data

  • County: Santa Clara
Features

Interior Features

  • Flooring: Tile, Vinyl, Carpet
  • Living area: 3560

Exterior Features

  • Roof type: Flat, Shingle
  • Pool: None
  • Foundation: Brick/Mortar

Parking

    Utilities

    • Sewer: Private Sewer
    • Water: Private
    • Heating: Wall Furnace, Other
    Property Information

    Tax Information

    • Tax Annual Amount: $20,408

    Disclaimer

    2023 MLSListings Inc. All rights reserved. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange (IDX) program of the MLSListings™ MLS system. Real estate listings held by brokerage firms other than DeLeon Realty are marked with the IDX icon (a stylized house inside a circle) and detailed information about them includes the names of the listing brokers and listing agents. Based on information from MLSListings MLS as of the date shown below. 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. Some properties appearing for sale on this website may subsequently have sold and may no longer be available.
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    Home Description

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