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Description
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.
Location
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Listing Agent: David Katz | Agent phone: 408-758-0718
Listing Office: David Katz, Broker
