CA
Santa Clara
SAN JOSE
95112
555 S 2nd Street
555 S 2nd Street, SAN JOSE, CA 95112
Share Listing
Listing Type
Multi Family
Listing Status
Active
19
$8,280,000
Home Details for 555 S 2nd Street
Price
$8,280,000
Type
Residential Income
Bedrooms
0
Bathrooms
Square feet
20521
Year built
1928
County
Santa Clara
Garage
Days on site
0
MLS Listing#
ML82038519
Listed By: Marcus & Millichap - 650-391-1700
Listed By: Eymon Binesh
Property 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.
Property Features
Parking
- Off Street
- Covered
Cooling Information
- None
Heating Information
- Natural Gas
Water Features
- Public
The data relating to real estate for sale on this display comes in part from the Internet Data Exchange program of the MLSListings™ MLS system. Real estate listings held by brokerage firms other than EXIT Realty are marked with the Internet Data Exchange adn detailed information about them includes the names of the listing brokers and listing agents.Based on information from the MLSListings MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Copyright 2026 MLSListings Inc. All rights reserved.
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Last Updated: 2026-03-13 14:00:50
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EXIT REALTY CONSULTANTS
16175 Monterey #A, Morgan Hill, CA 95037CA DRE# 01424183. Kris Klair Broker.
Margaret Vierra
Associate Broker
Office
209 668 2525
Agent
408 202 3243
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