601 S 5th St, San Jose, CA 95112
Two-story building offering eight units, a shared coin-op laundry room, and dedicated parking for residents.
Property Features for 601 S 5th St
General Information
Additional Details
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Building Details
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Investment Insights
Based on property information with market context.
The building is located at 601 S 5th Street, San Jose, CA, and is described as being two blocks from San Jose State University. The surrounding area is characterized in the offering materials as including education, culture, dining, transit, and tech employment hubs, with walking access to Downtown San Jose noted in the remarks.
Additional income opportunities mentioned in the marketing materials include the potential for ADU, storage units, or unit modernization. The current discussion of performance includes a projected Cap Rate of approximately 8.13 and projected GRM of approximately 8.78.
Key Highlights
- Two‑story multifamily property built in 1910 with 8 total units on a 0.19‑acre lot
- Unit mix includes six studios, one 1 bed/1 bath, and one 1 bed/2 bath
- Approximately 3,560 sq. ft. of rentable space with a four‑units‑per‑floor layout
Property Analytics
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Trade Area within ½ mile
Demographics for 95112, CA
Market
Vacancy Rate% for Multifamily in West region