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555 S Second St San Jose, CA 95112

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For Sale
$8,280,000

39-unit mixed-use property with retail space in vibrant SoFA District.

Type:Multifamily
Property size:
20,521 SF
Lot size:
0.33 Acres
Added:
Apr 3, 2026
Days on Market:
20
Last Refresh:
Apr 3 at 5:05 am

Property Features for 555 S Second St

General Information

Standard status
Active
Size
20,521 SF
Lot size
0.33 Acres
Property subtype
Multifamily

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Listing Contact
Jimmy Castellanos

Listing agent Jimmy Castellanos License #CA: 02024152

Listing office Palo Alto Office

Listing date Apr 3, 2026

Source Marcusmillichap

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

All listing content including descriptions, pricing, images are the copyrighted material of Palo Alto Office


Overview

Mixed-Use Property in Downtown San Jose

Located at 555–569 South 2nd Street in Downtown San Jose, Metro Walk is a mixed-use apartment community featuring 39 units. Constructed in 1928, the property occupies approximately 14,474 square feet of land and includes a 38-unit apartment building along with one ground-floor retail space. The total rentable area is roughly 20,521 square feet. The unit mix is predominantly studio apartments, with 37 studio units, one one-bedroom/one-bath unit, and one retail space. Positioned within walking distance of San Jose State University, the property benefits from its proximity to major transit infrastructure, including Diridon Station and the proposed Google Downtown West campus. Approximately 15 units have been updated within the last 10 years, featuring improvements such as updated kitchen cabinets and countertops, new carpet, baseboards, and two-tone paint. Exterior improvements include dual-pane windows and building updates. The property will be delivered with approximately 15 vacant units. Metro Walk is situated in the SoFA District (South First Area), known for its restaurants, cafés, art galleries, music venues, and boutique retail. Residents have access to entertainment, dining, and employment centers throughout Silicon Valley.
Location Intelligence

Current Use by Public Records

Trusted Forklift Certification Training Center

Suggested Use

Real Estate Agency Spa & Massage Center Restaurant Dental Office Law Firm Hair Salon Nail Salon Building Supply Gym & Fitness Center Skin Care Clinic

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

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  • Local Demand
City
San Jose
County
Santa Clara
State
California
Longitude
-121.8834413
Latitude
37.3279734

FAQs

What type of property is this?
Mixed-use property - 39-unit mixed-use property with retail space in vibrant SoFA District.
Where is this mixed-use property located?
The property is located at 555 S Second St San Jose, CA.
What is the asking price?
The asking price for this property is $8,280,000.
What are key features of this property?
This property features: 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.
More about this property
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