439-441 S 5th ST, San Jose, CA 95112
- $4,150,000
- 6,828
- SqFt
- List Price
- $4,150,000
- MLS#
- ML82044370
- Status
- ACTIVE
- Property Type
- com
- Sqft. of Residence
- 6,828
- Lot Size
- 9,522
- Listing Area
- Central San Jose
- Year Built
- 1957
Property Description
Veridian on 5th is a 12 unit apartment community located across the street from San Jose State University, offering a premier downtown San Jose setting with immediate access to a strong and consistent tenant base. The property features an all two bedroom unit mix and benefits from individually metered water, gas, and electric, reducing operating expenses and providing additional upside. The units offer functional layouts that appeal to roommates, students, and young professionals, supporting consistent rental demand. There is meaningful remaining income upside, offering a clear opportunity to increase rents and enhance returns. Located directly across from San Jose State University, residents enjoy true walkable access to campus, along with proximity to Downtown San Jose and San Pedro Square within approximately 0.5 miles. The property is also close to Diridon Station, providing access to Caltrain, ACE, and future BART service. Supported by SJSU and Silicon Valley employment, the property benefits from strong long term rental fundamentals. A full marketing package is available upon request.
Additional Information
- Age
- 69
- Building Name
- VERIDIAN ON 5TH
- Cooling System
- None
- Foundation
- Concrete Perimeter and Slab
- Garage Parking
- Uncovered Parking
- Heating System
- Wall Furnace
- Living Area
- 6,828
- Lot Size
- 9,522
- Neighborhood
- Central San Jose
- Other Utilities
- Individual Electric Meters
- Roof
- Composition
- Sewer
- Sewer Connected
- Special Features
- None
- Total Number Of Units
- 12
- Zoning
- R4
Mortgage Calculator
Listing courtesy of Mitchell Zurich from Marcus & Millichap. 408-888-9594
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