555 South 2nd Street, SAN JOSE, CA 95112

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555 South 2nd Street, SAN JOSE, CA 95112

(Active)

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Listed by: Eymon Binesh - Marcus & Millichap

Active

est.$8,280,000/month.

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beds. baths. 20,521 Sqft.

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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

555 South 2nd Street, SAN JOSE, CA 95112

$8,280,000

Active

est.$8,280,000/month.

Start My Approval

beds baths 20,521 Sq.ft.

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Property details for 555 South 2nd Street, SAN JOSE, CA 95112

Marcus & Millichap is pleased to present 555 S. 2nd Street, a 39-unit apartment community located in the heart of Downtown San Jose's vibrant SoFA District. Offered at just $212,000 per unit, the property provides investors with a rare low basis in one of Silicon Valley's most dynamic urban neighborhoods. The asset features 37 studio units, one one-bedroom unit, and a ~900 SF ground-floor commercial storefront, currently vacant. The investment offers strong in-place returns with a 6.93% CAP rate and 8.8 GRM, along with attractive financing options available, creating an opportunity for immediate cash flow in a prime downtown location near San Jose State University, major tech employers, dining, and entertainment. This opportunity presents a rare opportunity to acquire scale in Downtown San Jose at an attractive basis with strong in-place cash flow and long-term upside.

Broker details: Marcus & Millichap

Listed by: Eymon Binesh
Co-listing Broker: Marcus & Millichap
Co-listing Agent: Jimmy Castellanos

Property Description

MLS Information

Listing: ML82038519
Listing Last Modified: 2026-03-20

Property Details

Standard Status: Active
MLS Status: Active
Built in: 1928

Geographic Data

County: Santa Clara

Features

Interior Features

Living area: 20521

Exterior Features

Roof type: Composition, Rolled/Hot Mop
Pool: None
Foundation: Concrete Perimeter

Parking

Utilities

Sewer: Public Sewer
Water: Public
Heating: Natural Gas

Property Information

Tax Information

Tax Annual Amount: $99,691

Rossetti Realty Inc.

555 South 2nd Street, SAN JOSE, CA 95112