393 North 5th Street, SAN JOSE, CA 95112

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393 North 5th Street, SAN JOSE, CA 95112

(Active)

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Listed by: Ray Rodriguez - Compass

Active

est.$3,125,000/month.

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beds. baths. 7,924 Sqft.

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This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.

Mortgage Broker

Ray Avanzino
Polaris Capital Partners
Ray@polariscappartners.com
(650) 576-6531
NMLS# 288504
Company NMLS# 01391664

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or Call Now: (650) 576-6531

393 North 5th Street, SAN JOSE, CA 95112

$3,125,000

Active

est.$3,125,000/month.

Start My Approval

beds baths 7,924 Sq.ft.

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Property details for 393 North 5th Street, SAN JOSE, CA 95112

Located on a corner lot in the Hensley Neighborhood, this multifamily asset offers an opportunity to own in San Jose, less than one mile from San Jose State University. The property benefits from strong rental demand driven by proximity to major employment and educational hubs. The asset consists of 12 units with a mix of (3) 2BD/1BA units, (8) 1BD/1BA units, and (1) studio. Tenants enjoy immediate access to Downtown San Jose dining, retail, nightlife, and cultural amenities, as well as close proximity to San José State University. The property totals approximately 7,924 SF on a 10,764 SF lot and is constructed on a cinderblock and concrete perimeter foundation with crawlspace access. Parking is above average with 12 assigned spaces, including 4 tuck-under and 8 uncovered stalls. Each unit features a private balcony, and a centrally located courtyard provides shared outdoor space. Recent improvements include a newer roof replaced in 2024. Most units feature updated carpet flooring, while original cabinetry and countertops remain, offering value-add potential. All units include white appliances and wall furnaces. The property offers stable in-place income with future upside in a supply-constrained Downtown San Jose submarket.

Broker details: Compass

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

Property Description

MLS Information

Listing: ML82030789
Listing Last Modified: 2026-01-17

Property Details

Standard Status: Active
MLS Status: Active
Built in: 1963

Geographic Data

County: Santa Clara

Features

Interior Features

Flooring: Tile, Carpet
Living area: 7924

Exterior Features

Roof type: Composition, Flat, Rolled/Hot Mop
Pool: None

Parking

Utilities

Sewer: Private Sewer
Water: Private
Heating: Wall Furnace

Property Information

Tax Information

Tax Annual Amount: $37,625

Rossetti Realty Inc.

393 North 5th Street, SAN JOSE, CA 95112