1073 N 5th Street, San Jose, California 95112, San Jose, 95112 - 0 bed, 0 bath
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San Jose, California 95112
This High-Potential Investment Opportunity is a Quadruplex listed at $1,300,000, positioned well below the $1,317,067 Fair Market Value by 1.3%. This valuation gap offers $17,067 in Instant Equity. With a Condition Rating of 5, the asset requires capital improvements to address aging infrastructure, yet its strategic Silicon Valley location near major tech employers and universities ensures strong rental demand. This is an ideal acquisition for Buy-and-Hold Investors or Value-Add Developers seeking long-term growth.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1073 N 5th Street Subject | $1,300,000* List Price | 0 | 0 | 1,680 | $784 | - |
A 855 N 12th Street Sold | $1,275,000 | 0 | 0 | 1,544 | $826 | 0.6 mi |
B S 10th Street Active | $1,014,500 List Price | 0 | 0 | 1,495 | $679 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1954 (70+ years old) with no mention of renovations to kitchens, bathrooms, or major systems like HVAC and electrical. Given the age and the listing's focus on land value and location rather than interior condition, the property likely requires significant rehab to address safety and structural obsolescence.
The property is situated in a premier San Jose location with direct access to world-class tech employers including Apple, Google, and Tesla, ensuring high rental demand and low vacancy rates.
Located near both Santa Clara University and San Jose State University, the asset is perfectly positioned to capture a consistent tenant base of students, faculty, and university staff.
The property sits just blocks away from major transportation corridors including Highways 87, 880, and 101, providing residents with exceptional regional mobility.
With a total building area of approximately 1,680 square feet for four units, the average unit size is quite small, which may limit the tenant profile and cap potential rental income.
Built in 1954, the property may require significant capital expenditures for modern upgrades or deferred maintenance to remain competitive with newer residential inventory.
Marcus & Millichap is pleased to present the investment opportunity located at 1073 N 5th Street in San Jose, California. Long-term renter appeal for this asset is anchored by proximity to major employers, key transportation corridors, and numerous lifestyle amenities. The attractive, four-unit apartment complex is situated on a parcel of land totaling 0.13 acres and features a gross building area of approximately 1,680 square feet. Built in 1954, the property benefits from a world-class location near Downtown San Jose in the renown Silicon Valley region. Residents enjoy direct access to many of the nations top tech employers, including Apple, Google, Tesla, Facebook, IBM, Intel, Yahoo, Cisco Systems, Adobe Systems, and LinkedIn. Likewise, the multifamily building sits near Santa Clara University, ranked 56th among undergraduate nationwide, and San Jose State University, ranked third among public universities nationwide. Additionally, the property is just a few blocks from multiple travel corridors, including Highways 87, 880, and 101. Overall, the property presents an attractive choice for multifamily investors thanks to its premier location combined with San Joses strong employment fundamentals and low vacancy levels.
No exterior & parking available.
Grades 6-8 • 0.4 mi
Grades 9-12 • 1.8 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 0.0 | 0.0 | 50% |
| Baths | 0.0 | 0.0 | 50% |
| Square foot | 1,680 | 1,860 | 44% |
| Lot Size | 5,760 | 6,900 | 22% |
| Price | $1.30M | $1.05M | 78% |
| Price per sq ft | $774 | $621 | 67% |
| Built year | 1954 | 1936 | 89% |
| HOA | $0 | $0 | 50% |
| Days on market | 25 | 130 | 11% |
May 12, 2026
$1,300,000
Initial Listing
Jan 7, 1997
$250,000
Public Record
Jun 23, 1994
$177,500
Public Record