Home | Santa Clara County | San Jose | 95112 | 315 N 5th St
MLS: ML82052616 | Status: | Price: $1,150,000
Beds/Baths: – / –
Property Type: Residential Income
| Beds | Baths | Sq Ft | Sq Ft Lot | Yr Built |
|---|---|---|---|---|
| – | – | 1,332 | 6,900 | 1898 |
Downtown San Jose multifamily property presents a value-add opportunity for investors experienced in property renovation and lease-up strategies. The property consists of 5 units, including one 1br/1ba unit and four studios. One of the vacant studio units is rentable in its current condition with limited repairs, while the other two vacant studios require renovation prior to occupancy. While various improvements have been made over the years, the building would be more valuable and command higher rents if the units were renovated and additional capital improvements are made. The building is master-metered for water, sewer, gas, and electricity, all of which are currently paid by the owner. Plumbing consists primarily of galvanized piping. The building includes a large unfinished attic area that may offer development opportunities. The property also contains a substantial basement area with multiple storage rooms. Property includes an on-site washer and dryer for tenant use. Rear parking area accommodates approximately six vehicles. The property is located within Downtown San Jose and provides convenient access to major employment centers, public transportation, retail services, restaurants, entertainment venues, and ongoing redevelopment activity throughout the urban core.
| Field | Value |
|---|---|
| MLS # | ML82052616 |
| MLS Source | MLSListings, Inc. |
| Days on Site | 1 |
| Feature | Details |
|---|---|
| Appliances | Washer/Dryer |
| Flooring | Carpet, Laminate, Tile, Vinyl/Linoleum |
| Cooling | Ceiling Fan |
| Heating | Wall Furnace |
| Feature | Details |
|---|---|
| Roof | Composition |
| Foundation | Concrete Perimeter |
| Feature | Details |
|---|---|
| Garage/Parking | Garage: 0 Car(s) |
| Elementary District | San Jose Unified |
| High School District | San Jose Unified |
| Sewer | Public Sewer |
| Water | Public |
| Zoning | R4 |
Michael Shields
SiliconValley MultiFamilyGroup
License #: 01327546
Phone: (408) 356-1900
| # Buildings | # Leased Units | # Total Units |
|---|---|---|
| 1 | 1 | 5 |
| Type | Sq Ft | Beds | Baths | Min Rent | Max Rent | Units Like This |
|---|---|---|---|---|---|---|
| 1 | – | 0 | 1/0 | – | – | 4 |
| 2 | – | 1 | 1/0 | – | – | 1 |
School data provided by GreatSchools.org
| Address | Price | Beds | Baths | Sq Ft | Status |
|---|---|---|---|---|---|
| 446 W San Fernando St | $1,350,800 | – | – | 1,834 | Active |
| Locust St | $998,800 | – | – | 1,474 | Active |
| 1364 E San Antonio | $1,258,888 | – | – | 1,738 | Active |
| 42 Union St | $1,175,000 | – | – | 1,784 | Active |
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This listing information is up-to-date as of June 30, 2026. For the most current information, please contact Michael Shields, (408) 356-1900.