San Jose, CA 95112 445 N 1st ST
$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 ST
Other Interior Features
Living SqFt6704
General for 445 N 1st ST
# of Buildings1
AccessibilityNone
Age101
CitySAN JOSE
CoolingNone
CountySanta Clara
HOANo
HeatingWall Furnace
Listing Agent State License01870648
Lot Size UnitsSquare Feet
MLS AreaCentral San Jose
Number of Garage Spaces3
Property SubtypeFive or More Units
Property TypeCommercial Multi-Residential (5+ units)
RestrictionsNone
RoofFlat / Low Pitch
Security FeaturesNone
Special Listing ConditionsNot Applicable
StatusActive
UtilitiesIndividual Electric Meters
WaterWater On Site
Year Built1924
Zoning TextC
Exterior for 445 N 1st ST
Building Area Total6704
Foundation DetailsConcrete Perimeter and Slab
Lot Acres0.1928
Lot Size Area8400.00
Maximum Lot Size8400.00
MetersMaster Water
Parking FeaturesCovered Parking, Detached Garage
Parking Spaces0
Pool (Y/N)0
Sewer/SepticSewer Connected
Additional Details
Price History
Hal Schlegel
Broker Associate