San Jose, CA 95112 445 N 1st Street
$2,090,000
8 more
Presented By: Mitchell Zurich with Marcus & Millichap; 408-888-9594
- MLS# ML82014596
- 07/14/2025
Disclaimer: The information contained in this listing has not been verified by Sell Buy OC Homes and should be verified by the buyer.
Beds • 2
SQFT • 6,704
Home Details
Eight unit apartment complex exceptionally well priced at $261,250 per unit with a current cap rate of 5.37% and compelling pro forma cap rate of 9.96%. Each unit includes dedicated parking, and the property benefits from efficient operations and strong in-place cash flow. Located in the heart of Silicon Valley, the property sits within minutes of Downtown San Jose, the SAP Center, San Jose State University, Santa Clara University, and the San Jose International Airport. Marketing Package available upon request.
Presented By: Mitchell Zurich with Marcus & Millichap; 408-888-9594
Interior Features for 445 N 1st Street
Other Interior Features
Air Conditioning Y/NNo
Heating Y/NYes
General for 445 N 1st Street
CitySan Jose
CoolingNone
CountySanta Clara
Garage Y/NNo
HOANo
HeatingWall Furnace
Lot Size Square Feet8400
MLS AreaListing
ModificationTimestamp2025-07-15T00:12:49.100Z
Property SubtypeOther
Property TypeCommercial Sale
Standard StatusActive
StatusActive
Year Built1924
ZoningC
Exterior for 445 N 1st Street
Building Area Total6704
Lot Size Acres0.19
Lot Size Area8400
Parking FeaturesCovered
Additional Details
Price History
Hal Schlegel
Broker Associate