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    Mixed-Use Property in Downtown San Jose
    Updated: Apr 3
    Mixed-Use Property in Downtown San Jose

    555 S Second St, San Jose, CA 95112

    $8,280,000
    20,521 sqft 0.33 AC lot
    Significant value‑add opportunity with approximately 15 vacant units ready for renovation.
    Prime downtown San Jose location in the SoFA District, walking distance to San Jose State University.
    Mixed‑use property featuring 38 apartments and one ground‑floor retail space, providing diverse income streams.
    Approximately 15 units have been updated within the last 10 years, reducing immediate capital expenditure needs.
    Strong rental demand due to proximity to universities, expanding transit, and employment growth in Silicon Valley.
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    This listing looks promising.

    Here's a quick look at some key insights for

    555 S Second St, San Jose, CA 95112

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    • Est. Cap Rate

      6.7%
      Above avg (5.9%)

    • Est. NOI

      $554K
      Annual

    • Mortgage

      $6.24M
      Apr 2022

    • Last Sold

      Apr 2022
      $9.6M

    • Property Type

      Apartment House
      Built 1928
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    Eight-Unit Apartment Community
    Updated: Jul 11
    Eight-Unit Apartment Community

    3537 Alden Way, San Jose, CA 95117

    $2,900,000
    5,550 sqft
    Eight‑unit apartment community at 3537 Alden Way in West San Jose (1958 build year).
    Adjacent property at 3531 Alden Way (nine units) is also available for potential 17‑unit portfolio purchase.
    Composition roof and carport parking.
    Heating is listed as “3” in the property information; cooling is listed as “None.”
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    5-Unit Multifamily Investment Property
    5-Unit Multifamily Investment Property

    1451 N 1st St, San Jose, CA 95112

    $1,575,000
    3,152 sqft 0.13 AC lot

    Centrally located five-unit building with updated interiors, private covered carport parking, and on-site laundry facilities.

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    12-Unit Multifamily Investment
    12-Unit Multifamily Investment

    804 S Almaden Avenue, San Jose, CA 95110

    $2,850,000
    5,680 sqft 0.20 AC lot

    Built in 1925, this 12-unit property includes ten studio units and two one-bedroom layouts.

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    Nine-Unit Apartment Community
    Nine-Unit Apartment Community

    3531 Alden Way, San Jose, CA 95117

    $3,400,000
    6,900 sqft

    Nine-unit multifamily community offering a mix of two-bedroom, two-bath apartments in West San Jose.

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    San Jose Multifamily Investment Opportunity
    San Jose Multifamily Investment Opportunity

    336 5th Street, San Jose, CA 95112

    $2,798,000
    5,521 sqft 0.23 AC lot

    10-unit multifamily property in Downtown San Jose with upside potential.

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    12-Unit Apartment Community
    12-Unit Apartment Community

    439 S 5th St, San Jose, CA 95112

    $4,150,000
    6,828 sqft 0.22 AC lot

    Twelve 2-bedroom, 1-bath units with uncovered parking are available for sale near San Jose State University.

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    12-Unit Apartment Community
    12-Unit Apartment Community

    121 8th Street, San Jose, CA 95112

    $3,360,000
    6,779 sqft 0.22 AC lot

    Twelve-unit residential income property with one- and two-bedroom layouts, private carport parking, and an on-site laundry facility.

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    Craftsman Multifamily Property
    Craftsman Multifamily Property

    98 E Saint John Street, San Jose, CA 95112

    $1,499,000
    3,976 sqft

    Timeless craftsman multifamily featuring studios and 1–3 bedroom units, including several with in-unit washer/dryers.

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    San Jose Multifamily Investment Opportunity
    San Jose Multifamily Investment Opportunity

    3047 David Avenue, San Jose, CA 95128

    $3,620,000
    8,076 sqft 0.30 AC lot

    14-unit multifamily property in San Jose, California.

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    San Jose Sixteen-Unit Multifamily Property
    San Jose Sixteen-Unit Multifamily Property

    2748 Kollmar Dr, San Jose, CA 95127

    $4,600,000
    10,416 sqft 0.34 AC lot

    Sixteen-unit apartment community in San Jose with recent upgrades.

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    5-Unit Downtown Apartment Building
    5-Unit Downtown Apartment Building

    315 5th Street, San Jose, CA 95112

    $1,150,000
    1,332 sqft

    Five-unit multifamily with one 1BR/1BA and four studios, including on-site laundry and rear parking for about six vehicles.

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    14-Unit Multifamily Apartment Building
    14-Unit Multifamily Apartment Building

    3047 David Ave, San Jose, CA 95128

    $3,700,000
    8,076 sqft 0.30 AC lot

    Garden-style 14-unit multifamily building with 10 one-bed and 4 two-bed units on a 13,200 sf parcel.

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    Multifamily Property with Multiple Structures
    Multifamily Property with Multiple Structures

    128 7th Street, San Jose, CA 95112

    $2,250,000
    4,475 sqft 0.35 AC lot

    Ten units are spread across four wood residential structures on two contiguous lots with rear parking.

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    San Jose Multifamily Investment Opportunity
    San Jose Multifamily Investment Opportunity

    5390 Carryback Ave, San Jose, CA 95111

    $4,600,000
    12,292 sqft 0.63 AC lot

    14-unit multifamily community in San Jose, built in 1980.

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    Apartment Community Across From University
    Apartment Community Across From University

    402 4th Street, San Jose, CA 95112

    $6,200,000
    11,228 sqft

    19-unit community with a unit mix of eighteen 2-bedroom units and one studio, with individually metered utilities.

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    16-Unit Apartment Community
    16-Unit Apartment Community

    3144 Cadillac Drive, San Jose, CA 95117

    $4,750,000
    5,484 sqft 0.42 AC lot

    Well-located 16-unit apartment community with private parking and a shared laundry facility.

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    Downtown San Jose Multifamily Asset
    Downtown San Jose Multifamily Asset

    642 7th Street, San Jose, CA 95112

    $4,595,000
    12,325 sqft 0.17 AC lot

    Rare 12-unit multifamily property near Downtown San Jose.

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    12-Unit Apartment Community
    12-Unit Apartment Community

    439-441 South 5th Street, San Jose, CA 95112

    $4,150,000
    6,828 sqft

    Twelve all-two-bedroom units with individually metered water, gas, and electric.

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    Apartment Building Income Property
    Apartment Building Income Property

    47 CLEVELAND AVE, San Jose, CA 95128

    $1,850,000
    3,492 sqft

    Apartment building for sale in San Jose, not bound by San Jose Rent Control, with residential income potential.

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    Corner Lot Multifamily Property
    Corner Lot Multifamily Property

    1263 Park Avenue, San Jose, CA 95126

    $2,499,000
    3,164 sqft

    Multifamily property combines a Craftsman single-family home with an attached studio and a 4-unit building.

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    Multifamily Apartment Building
    Multifamily Apartment Building

    431 Saint John Street, San Jose, CA 95112

    $2,150,000
    5,069 sqft

    Apartment building with a mix of 1-, 2-, and 3-bedroom units, coin-operated laundry, and six carport spaces.

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    Mixed-Use Property in San Jose
    Mixed-Use Property in San Jose

    994 The Alameda, San Jose, CA 95126

    $3,895,000
    9,148 sqft

    Mixed-use property with residential and retail units in San Jose.

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    Six-Unit Multifamily Building
    Six-Unit Multifamily Building

    139 6th Street, San Jose, CA 95112

    $998,000
    3,096 sqft

    Partially burnt six-unit multifamily building for sale.

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    San Jose, CA Apartment Buildings Market Trends and Statistics

    Explore 72 apartment buildings for sale in San Jose, CA, showcased through 54 active listings on our real estate platform. These investment opportunities span a total of 367,730 square feet of properties for sale, with an estimated market value of $135,765,838.

    Sale prices for two-family homes in San Jose, CA start at $998,000, averaging $3,311,361, and reaching up to $11,698,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Demographics Overview

    Population 1.02M
    Population Growth (5Y) -4.3%
    Median Household Income $143,306
    College Educated 36.2%

    High-Yield Neighborhoods for Investment

    Identify San Jose submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    95135 $1.3M
    95132 $2M
    95110 $2M
    95117 $2.5M
    95128 $2.7M

    Taxes & Financing

    Tax Rate (average for all types) 1.23%
    Property Tax per SF $15.87 per SF
    Tax Rate vs County Average 0.09 pp above county avg
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Santa Clara County

    New Delisted

    Total CRE Inventory on Market (SF)

    Property Size Breakdown

    The majority of commercial real estate listings in San Jose fall within the 100,000+ square foot range.

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    Most Searched ZIP Codes in San Jose, CA

    • 95112
    • 95128
    • 95117
    • 95126
    • 95110
    • 95127
    • 91321
    • 95111
    • 95125
    • 95132

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