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Listed price in listed location currency (USD).
$8,280,000

000

MLS® ML82038519

Open House
Tue Mar 17, 7:00-8:00 PM UTCThu Mar 19, 7:00-8:00 PM UTC
  • Key Facts
  • Description
  • Map

Key Facts

Type Other
Levels Commercial Sale
Size -
Garage No
HOA Fees 
Taxes $99,691
Days Active 0
Approx. Age 1928
MLS® Number ML82038519

Property Address: 555 S 2nd St, San Jose, CA, 95112-5784

Average square foot calculated using Size range provided by listing agent.

Description

BCG Multifamily of Marcus & Millichap is pleased to present 555 S. 2nd Street, a 39-unit apartment community located in the heart of Downtown San Jose's vibrant SoFA District. Offered at just $212, 000 per unit, the property provides investors with a rare low basis in one of Silicon Valley's most dynamic urban neighborhoods. The asset features 37 studio units, one one-bedroom unit, and a ~900 SF ground-floor commercial storefront, currently vacant. The investment offers strong in-place returns with a 6.93% CAP rate and 8.8 GRM, along with attractive financing options available, creating an opportunity for immediate cash flow in a prime downtown location near San Jose State University, major tech employers, dining, and entertainment. This opportunity presents a rare opportunity to acquire scale in Downtown San Jose at an attractive basis with strong in-place cash flow and long-term upside.
MLS® NumberML82038519
Locker
Ensuite LaundryNo
Balcony
Furnished
Laundry Level
Exposure
Exterior
GarageNo
Approx. Age1928
Stories
Pets

Included in Maintenance Fee

Heat
Hydro
Water
Building Insurance
Condo Taxes
Cable TV
Central Air
Parking Maintenance

Utilities

Heat
A/C
Heating Fuel

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Mar 13, 2026List Date
$8,280,000List Price
  • Commute

Commute

Starting Address
Destination Address
555 S 2 Nd St, San Jose, CA

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