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    159 Union St San Jose, CA 95110

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    For Sale
    $2,880,000

    12-unit apartment community in San Jose near universities and major employers.

    Property size:
    7,192 SF

    Property Features for 159 Union St

    General Information

    Standard status
    Active
    Size
    7,192 SF

    Building Details

    Year built
    1957

    Source: MARCUS & MILLICHAP Agent ADAM S. LEVIN

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

    Overview

    San Jose Multifamily Investment Opportunity

    The property at 159 & 165 Union Street in San Jose, California, is a 12-unit apartment community situated on two contiguous parcels totaling 18,032 square feet. Constructed in 1957, the building has a gross area of approximately 7,192 square feet. The property features two-bedroom and one-bedroom floor plans. Community amenities include private parking and an on-site laundry facility. The property is located near San Jose State University and Santa Clara University. The location also provides convenient access to major employers such as the Santa Clara County Medical Center, Adobe, PwC, Deloitte, and Cisco.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Apartment buildings

    Suggested Use

    Restaurant Realty agency Law Firm Spa & Massage Dental Office Hair Salon Clothing Store Nail Salon Food Market Skin Care Clinic

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

    Location Insight

    • Map
    • Local Demand
    City
    San Jose
    County
    Santa Clara
    State
    California
    Longitude
    -121.8846755
    Latitude
    37.3234816

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    FAQs

    What type of property is this?
    Apartment building - 12-unit apartment community in San Jose near universities and major employers.
    Where is this apartment building located?
    The property is located at 159 Union St San Jose, CA.
    What is the asking price?
    The asking price for this property is $2,880,000.
    What are key features of this property?
    This property features: - 12-unit apartment community in San Jose, California.; - Features two-bedroom and one-bedroom floor plans.; - Enjoy convenient community amenities including private parking and an on-site laundry facility.
    (650) 391-1700
    Request Owner's contact information
    159 Union St San Jose, CA 95110
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    San Jose, CA 95110
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    159 Union St San Jose, CA 95110
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