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S 5thSan Jose, CA 95112

For Sale

$1,695,000

Smart Buyer Rebate $16,950

601 S 5th Street is now available - a rare multifamily asset offering steady income and growth potential in San Jose's thriving urban core. This impressive two-story income property sits just two blocks from SJSU, placing tenants in an unbeatable location surrounded by education, culture, dining, transit, and tech employment hubs.

Discover eight efficiently designed units: (1) 1 Bed / 2 Ba, (1) 1 Bed / 1 Ba, and (6) Studios, each with dedicated parking and access to a shared coin-op laundry room. With ~3,560 sq. ft. of rentable space on a 0.19-acre lot, the property's four-units-per-floor layout maximizes occupancy, privacy, and operational efficiency. Investors will also appreciate the potential for additional income through ADU, storage units, or unit modernization to elevate returns.

The fundamentals align: an excellent location, consistent tenant demand, and measurable upside. Current metrics indicate strong rental performance with a projected Cap Rate of 8.13 and GRM 8.78.

Walking distance from Downtown San Jose with easy connectivity to major highways (280, 87, 101) and global employers like Cisco, PayPal, Adobe, and Apple.

601 S 5th Street delivers what serious investors seek, reliable cash flow, low vacancy, and growth potential in a prime Silicon Valley corridor.

Listed by Ray Rodriguez

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License #01999734

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Compass

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650-405-0743

Listed by Tony Zizzo

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License #01962093

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Compass

Last updated October 24, 2025

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Source: MLSListings #ML82025799

Listing Facts

  • TypeMulti-family
  • NeighborhoodSouth Campus
  • Days on Prevu1
  • Size3,560 sqft
  • Price per sqft$476

Amenities

  • Pets Allowed
  • Parking

Location

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Listing History

10/23/2025
Listed by Compass
$1,695,000

Property Details for S 5th

Association

General

  • Number Of Units In Community: 8

Exterior

Construction

  • Roof: Flat, Shingle
  • Year Built: 1910

Measurements

  • Building Area Total: 3,560
  • Lot Size Acres: 0.18
  • Lot Size Area: 8,142
  • Lot Size Square Feet: 8,142

Financial

Taxes

  • Parcel Number: 472-27-039

Interior

Features

  • Flooring: Carpet, Tile, Vinyl/Linoleum

Measurements

  • Living Area: 3,560

Other

Features

  • Accessibility Features: Other

Parking

Parking

  • Carport: Yes
  • Parking Features: Assigned Spaces
  • Parking Total: 8

Schools

Elementary School

  • Elementary School District: San Jose Unified

High School

  • High School District: San Jose Unified

Utilities

Equipment

  • Cooling: Other
  • Heating: Other, Wall Furnace
  • Laundry Features: Coin Operated
  • Sewer: Private Sewer
  • Utilities: Public Utilities

Based on information from MLSListings™️ and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by Prevu or the MLS. Information is provided exclusively for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing.

Full MLS Disclaimers

Rebate estimate is indicative only and based on listing price and estimated buyer's agent commission paid by owner, if applicable. Final rebates are subject to Terms of Use and may vary due to final negotiated transaction terms.