Magnify is pleased to present 1077-1089 N 5th Street, a 23-unit multifamily portfolio on four separate parcels in San Jose. Constructed in 1957, the properties consist of (10) 2BD/1BA and (13) 1BD/1BA totaling 12,944 building square feet on a large 0.53 acre lot. The portfolio is available together or separately, and features (1) 4-plex, (2) 6-unit buildings, and (1) 7-unit building. 16 out of 23 units (~70%) have been fully remodeled with new kitchens, bathrooms, dual-pane windows, LVP floors, plumbing upgrades, and more. The property is in a core Silicon Valley location that will benefit from numerous development projects nearby, including the planned Google Downtown West project. Tenants enjoy many restaurants and boutique shops close by in Japantown and downtown San Jose, along with easy access to San Jose State University, top tech employers in the downtown corridor, and Highways 101, 680, and 880.
Days on Site
Buyer's Brokerage Compensation*
Concrete Perimeter, Pillar/Post/Pier, Wood Frame
Carport, Garage: 0 Car(s)
San Jose Unified
High School District
San Jose Unified
1077-1089 N 5th St is a Residential Income in San Jose, CA 95112. This 12,944 square foot property sits on a 0.532 Acres Lot and features – bedrooms & – full bathrooms. It is currently priced at $8,080,000 and was built in 1957.This address can also be written as 1077-1089 N 5th St, San Jose, CA 95112.
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* The offer of compensation is made subject to the MLS rules where the listing is filed. Please contact your agent for any questions concerning this subject matter.
This listing information is up-to-date as of January 28, 2023. For the most current information, please contact David Katz, (408) 758-0718