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Six-Unit Residential Income Property
For Sale
$1,900,000

374 N 5th Street San, San Jose, CA 95112

Fully occupied six-unit multifamily property features onsite laundry and 9 total parking spaces.

Property SizeContact for details
Days on Market149

Property Features for 374 N 5th Street San

General Information

Standard status Active
Total Parking Spaces 9
Property subtype Multi-Family
Occupancy 100%

Additional Details

Multifamily Units 6

Amenities

onsite laundry room
coin-op washer and dryer
large utility sink
central water filter
storage lockers
granite countertop kitchen island
heating and air conditioning
double pane windows
Central Forced Air
Electric
Dishwasher
Garbage Disposal
Oven Range
Water - Public, Composition

Building Details

Year Built 1962
Tenancy Multi
Listing Agency: USRealty.com
Listed By: Ryan Gehris · License #B.1001436
Source: Kw
Added: Apr 12 Changed: Sep 6 Last Checked: Sep 6 at 8:08PM

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 USRealty.com

Investment Insights

Based on property information with market context.

This well-maintained, fully occupied six-unit residential income property is configured as three 2 bed/1 bath units and three 1 bed/1 bath units. Five of the six units were newly remodeled about three years ago with updates that include granite countertop kitchen island, heating and air conditioning, and double-pane windows.

The property includes an onsite coin-op laundry room with washer and dryer and a large utility sink. Additional improvements include a central water filter for the hot water heater, storage lockers for each unit, and a total of nine parking spaces comprised of 5 car ports and 4 outdoor spaces.

The building is described as being only a few blocks from Downtown San Jose and Japantown, with retail and restaurants within walking distance.

Key Highlights

  • Fully occupied 6‑unit multifamily property with mostly market‑rate rents
  • Unit mix: three 2BR/1BA and three 1BR/1BA; 5 of 6 units newly remodeled about 3 years ago
  • Remodeled updates include granite countertop kitchen island, heating and air conditioning, and double‑pane windows

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Clothing & Fashion Store Butcher Veterinary Clinic Pet Grooming Service Locksmith

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

6
Residential units
100%
Occupancy
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

3,440
Businesses Nearby

Demographics for 95112, CA

60,754
Population
22,969
Households
2.6
Avg Household Size
33
Median Age
39%
College-Educated
82%
High-School Grad
7.3 sq mi
ZIP Area
8,322
Density / Sq Mi
$89,649
Median Household Income
$45,690
Median Earnings
$2,095
Median Rent
$956,300
Median Home Value

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Apartment building - Fully occupied six-unit multifamily property features onsite laundry and 9 total parking spaces.
Where is this apartment building located?
The property is located at 374 N 5th Street San San Jose, CA.
What is the asking price?
The asking price for this property is $1,900,000.
What are key features of this property?
This property features: Fully occupied 6‑unit multifamily property with mostly market‑rate rents; Unit mix: three 2BR/1BA and three 1BR/1BA; 5 of 6 units newly remodeled about 3 years ago; Remodeled updates include granite countertop kitchen island, heating and air conditioning, and double‑pane windows
More about this property
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