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601 S 5th St
San Jose, CA 95112 Sun

$1,695,000 USD

Apartments For Sale  •  8,943 SF

Property Details

  • Property Type Apartments
  • Total Building Size 8,943 SF
  • Lot Size 0.19 AC
  • Building Class C
  • Year Built 1910
  • Cap Rate 7.35 %
  • Zoning R4, San Jose
65 Transit Score
90 Walk Score

Highlights

Three blocks away from San Jose State University
Unit Mix: (1) 1 Bed 2 Bath, (1) 1 Bed 1 Bath, (6) Studio Units.
Amenities include on-site laundry room, and assigned uncovered parking.
Easy to rent due to location and character.
Upside potential: ADU, storage, market rate rents.

Financial Summary (Actual)

Net Operating Income: $124,647 USD (2024)
Cap Rate: 7.35 %
Total Expenses: $50,571 USD

Amenities

  • 24 Hour Access
  • Air Conditioning
  • Laundry Facilities
  • Tub/Shower
  • Storage Space
  • Freezer
  • Public Transportation
  • Individual Locking Bedrooms
  • Smoke Detector

Public Transportation

Commuter RailDriveWalkDistance
4 min - 1.6 mi
4 min - 1.7 mi
Transit/SubwayDriveWalkDistance
Paseo de San Antonio Station southbound (Alum Rock - Santa Teresa Line - Santa Clara VTA Light Rail, Mountain View - Winchester Line - Santa Clara VTA Light Rail) 3 min 13 min 0.7 mi
Paseo de San Antonio Station northbound (Alum Rock - Santa Teresa Line - Santa Clara VTA Light Rail, Mountain View - Winchester Line - Santa Clara VTA Light Rail) 2 min 13 min 0.7 mi
Convention Center Station (Alum Rock - Santa Teresa Line - Santa Clara VTA Light Rail, Mountain View - Winchester Line - Santa Clara VTA Light Rail) 2 min 14 min 0.7 mi
Santa Clara Station southbound (Alum Rock - Santa Teresa Line - Santa Clara VTA Light Rail, Mountain View - Winchester Line - Santa Clara VTA Light Rail) 3 min 16 min 0.8 mi
Santa Clara Station northbound (Alum Rock - Santa Teresa Line - Santa Clara VTA Light Rail, Mountain View - Winchester Line - Santa Clara VTA Light Rail) 3 min 17 min 0.9 mi
AirportDriveWalkDistance
Norman Y Mineta San Jose International 9 min - 4.2 mi
Metro Oakland International 49 min - 36.8 mi
San Francisco International 47 min - 36.9 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 8
Type: Surface
Included in Rent: Yes
Ray Rodriguez 626-483-5136 Compass Commercial
Ray Rodriguez 626-483-5136 Compass Commercial