402 S 4th ST, San Jose, CA 95112

$6,200,000
11,228
SqFt

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List Price
$6,200,000
MLS#
ML82044371
Status
ACTIVE
Property Type
com
Sqft. of Residence
11,228
Lot Size
14,092
Listing Area
Central San Jose
Year Built
1957

Property Description

Veridian on 4th is a 19 unit apartment community located directly across the street from from San Jose State University, offering a premier downtown San Jose location with direct access to a strong and consistent tenant base. The property features a desirable unit mix of eighteen 2 bedroom units and one studio, along with individually metered water, electric, and gas, providing a desirable operational advantage and reduced landlord expenses. The units offer functional layouts that appeal to students, roommates, and young professionals, supporting steady rental demand. Located directly across from San Jose State University, residents benefit from immediate proximity to campus and a highly walkable lifestyle within approximately 0.5 miles of Downtown San Jose and San Pedro Square, with access to dining, retail, and entertainment. The property is also close to Diridon Station, providing connectivity to Caltrain, ACE, and future BART service. Supported by SJSU and Silicon Valley employment, the property is well positioned for long term rental demand. A marketing package is available upon request.

Additional Information

Age
69
Building Name
VERIDIAN ON 4TH
Cooling System
None
Foundation
Concrete Perimeter and Slab
Garage Parking
Attached Garage, Uncovered Parking
Heating System
No Heating
Living Area
11,228
Lot Size
14,092
Neighborhood
Central San Jose
Other Utilities
Individual Electric Meters
Roof
Composition
Sewer
Sewer Connected
Special Features
None
Total Number Of Units
19
Zoning
C3

Mortgage Calculator

Amount of Loan
Annual Interest Rate
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Term of Loan
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Calculator source: Real Geeks

Listing courtesy of Mitchell Zurich from Marcus & Millichap. 408-888-9594

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