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523 2Nd St San Jose, CA 95112

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For Sale
$11,000,000

39-unit apartment community near Downtown San Jose.

Property size:
18,305 SF

Property Features for 523 2Nd St

General Information

Standard status
Active
Size
18,305 SF

Building Details

Year built
1948
Source: Corcoran

Listing Agent: Cole Simpson

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


Overview

San Jose Multifamily Investment Opportunity

First Street Manor is a 39-unit apartment community located in San Jose, California. Constructed in 1948, the property has a gross building area of approximately 18,320 square feet and is situated on a 0.87-acre parcel of land. The community offers two-bedroom, one-bedroom, and studio floor plans. Community amenities include an on-site laundry facility, private covered parking, a secured gated perimeter, and a secluded community courtyard area. The property has undergone recent capital improvements, including a new roof installed in 2024, complete interior renovations for all units, and dual-pane windows throughout. First Street Manor is located near Downtown San Jose and is within walking distance of the Target-anchored San Jose Market Center, offering various dining, shopping, and entertainment options. The property also has convenient access to the San Jose Mineta International Airport (SJC).
Property Profile Insight Report Location Intelligence

Current Use by Public Records

Apartment buildings

Suggested Use

Realty agency Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Law Firm Building Supply Gym & Fitness

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
-121.8969006
Latitude
37.3456376

FAQs

What type of property is this?
Apartment building - 39-unit apartment community near Downtown San Jose.
Where is this apartment building located?
The property is located at 523 2Nd St San Jose, CA.
What is the asking price?
The asking price for this property is $11,000,000.
What are key features of this property?
This property features: - Recently underwent extensive capital improvements including a **new roof (2024) and complete interior renovations for all units.**; - Located near Downtown San Jose and the San Jose Market Center, offering numerous dining, shopping, and entertainment options.; - Offers a mix of two-bedroom, one-bedroom, and studio floor plans.
More about this property
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