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12-Unit Apartment Community
For Sale
$4,150,000

439441 S 5th Street, San Jose, CA 95112

Twelve two-bedroom units are individually metered for water, gas, and electric in a downtown San Jose location.

Days on Market96

Property Features for 439441 S 5th Street

General Information

Standard status Active
Property subtype Commercial/Industrial

Building Details

Year Built 1957
Listing Agency: Marcus & Millichap
Listed By: Mitchell Zurich · License #01870648
Source: Exitrealty
Added: Apr 30 Changed: Jul 23 Last Checked: Aug 3 at 5:46AM

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 Marcus & Millichap

Investment Insights

Based on property information with market context.

Veridian on 5th is a 12-unit apartment community featuring an all two-bedroom unit mix. The property provides individually metered water, gas, and electric, which can help streamline utility responsibility for residents.

The community is located directly across the street from San Jose State University, with proximity to Downtown San Jose and San Pedro Square within approximately 0.5 miles. It is also close to Diridon Station, offering access to Caltrain, ACE, and future BART service.

The units are described as having functional layouts that appeal to roommates, students, and young professionals, supporting consistent rental demand. The offering notes meaningful remaining income upside.

Key Highlights

  • 12‑unit apartment community built in 1957 with an all two‑bedroom unit mix
  • Across the street from San Jose State University for walkable campus access
  • Individually metered water, gas, and electric helps reduce shared utility expense

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Dental Office Pharmacy (Bike/Boat/Book/etc) Store Veterinary Clinic Clothing & Fashion Store Wine and Liquor Store

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

Location Intelligence

Trade Area within ½ mile

1,655
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
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Frequently Asked Questions

What type of property is this?
Apartment building - Twelve two-bedroom units are individually metered for water, gas, and electric in a downtown San Jose location.
Where is this apartment building located?
The property is located at 439441 S 5th Street San Jose, CA.
What is the asking price?
The asking price for this property is $4,150,000.
What are key features of this property?
This property features: 12‑unit apartment community built in 1957 with an all two‑bedroom unit mix; Across the street from San Jose State University for walkable campus access; Individually metered water, gas, and electric helps reduce shared utility expense
More about this property
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