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Ad #7999891
MLS #ML82052616
Listing photo

Downtown San Jose multifamily property presents a value-add

315 N 5th ST, San Jose, California, 95112
$1,150,000
1Beds
--Baths
1,332Sqft
0.158Acres

About this property

Downtown San Jose multifamily property presents a value-add opportunity for investors experienced in property renovation and lease-up strategies. The property consists of 5 units, including one 1br/1ba unit and four studios. One of the vacant studio units is rentable in its current condition with limited repairs, while the other two vacant studios require renovation prior to occupancy. While various improvements have been made over the years, the building would be more valuable and command higher rents if the units were renovated and additional capital improvements are made. The building is master-metered for water, sewer, gas, and electricity, all of which are currently paid by the owner. Plumbing consists primarily of galvanized piping. The building includes a large unfinished attic area that may offer development opportunities. The property also contains a substantial basement area with multiple storage rooms. Property includes an on-site washer and dryer for tenant use. Rear parking area accommodates approximately six vehicles. The property is located within Downtown San Jose and provides convenient access to major employment centers, public transportation, retail services, restaurants, entertainment venues, and ongoing redevelopment activity throughout the urban core.

Property Features

1 Beds
0 Baths
1,332 Sqft
Built in 1898
0.158 Acres
Covered
Siding: Wood Frame
Composition Roof
Wall Furnace

Additional Photos

Additional listing photo 1
Additional listing photo 2
Additional listing photo 3
Additional listing photo 4

Contact Information

Michael Shields

Silicon Valley Multifamily Group

408-356-1900

Location

Map
Listing Agent: Michael Shields (License #: 01327546) 408-356-1900
Broker: Silicon Valley Multifamily Group 408-356-1900 Listing Site
Copyright © 2026 MLS Listings, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
BeachHouse.com
Printed Jul 24, 2026

Photo Gallery

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Downtown San Jose multifamily property presents a value-add - photo 2
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Downtown San Jose multifamily property presents a value-add - photo 5
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Downtown San Jose multifamily property presents a value-add - photo 17
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Downtown San Jose multifamily property presents a value-add - photo 19
Downtown San Jose multifamily property presents a value-add - photo 20
Downtown San Jose multifamily property presents a value-add - photo 21
Downtown San Jose multifamily property presents a value-add - photo 22

$1,150,000

1
Beds
--
Baths
1,332
Sqft

315 N 5th ST, San Jose, California, 95112

By contacting this agent you agree to these Terms and Conditions.
Home California San Jose
Downtown San Jose multifamily property presents a value-add - photo 1
Downtown San Jose multifamily property presents a value-add - photo 2
Downtown San Jose multifamily property presents a value-add - photo 3
Downtown San Jose multifamily property presents a value-add - photo 4
Downtown San Jose multifamily property presents a value-add - photo 5
MLS# ML82052616
Home For Sale

Downtown San Jose multifamily property presents a value-add

$1,150,000

315 N 5th ST, San Jose, California, 95112

1
Beds
--
Baths
1,332
Sqft
0.158
Acres
$1,150,000
315 N 5th ST, San Jose, California, 95112
1 Beds
-- Baths
1,332 Sqft
0.158 Acres
Downtown San Jose multifamily property presents a value-add opportunity for investors experienced in property renovation and lease-up strategies. The property consists of 5 units, including one 1br/1ba unit and four studios. One of the vacant studio units is rentable in its current condition with limited repairs, while the other two vacant studios require renovation prior to occupancy. While various improvements have been made over the years, the building would be more valuable and command higher rents if the units were renovated and additional capital improvements are made. The building is master-metered for water, sewer, gas, and electricity, all of which are currently paid by the owner. Plumbing consists primarily of galvanized piping. The building includes a large unfinished attic area that may offer development opportunities. The property also contains a substantial basement area with multiple storage rooms. Property includes an on-site washer and dryer for tenant use. Rear parking area accommodates approximately six vehicles. The property is located within Downtown San Jose and provides convenient access to major employment centers, public transportation, retail services, restaurants, entertainment venues, and ongoing redevelopment activity throughout the urban core.
25 days
on BeachHouse.com
33
views
0
saves

Property Details

HOME DETAILS

1 Beds
0 Baths
1,332 Sqft
Built in 1898
0.158 Acres

EXTERIOR

Covered
Siding: Wood Frame
Composition Roof

INTERIOR

Wall Furnace
See More Details

Location

Map
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Ad Statistics

Ad Number
7999891
Viewed
33 times
Listing Status
Active
Added
Jun 29, 2026
Last Refresh
Jul 24, 2026 09:32:24 PM

Listing Information

Data Source
MLS Listings, Inc.
Source Property ID
ML82052616
Listing Agent: Michael Shields (License #: 01327546) 408-356-1900
Broker: Silicon Valley Multifamily Group 408-356-1900 Listing Site
Copyright © 2026 MLS Listings, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

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By proceeding, you authorize Dream Home Network Inc., its service providers (including real estate professionals such as Brokers, Listing Agents, Buyers Agents, and local referral partners), its affiliates, and other real estate professionals that may not be associated with Dream Home Network, to contact you using the contact details you provided, via email, phone call, and text (SMS), including using automated dialing technology and prerecorded and artificial voice, for marketing or advertising purposes, including contacting you about your inquiry and other home-related matters. You understand that your consent to the foregoing is not a condition of any purchase. Message and data rates may apply. This consent applies even if you are on a corporate, state or national Do Not Call list. Dream Home Network Inc. may share information about your recent and future site activity with its affiliates and service providers (including real estate professionals such as Brokers, Listing Agents, Buyers Agents, and local referral partners) to help them better understand what you are looking for in a property. To opt-out at any time you can reply "STOP" or contact Dream Home Network Inc. at csv@dreamhomenetwork.com.

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This consent applies even if you are on a corporate, state or national Do Not Call list. Dream Home Network Inc. may share information about your recent and future site activity with its affiliates and service providers (including real estate professionals such as Brokers, Listing Agents, Buyers Agents, and local referral partners) to help them better understand what I am looking for in a property. To opt-out at any time you can reply "STOP" or contact Dream Home Network Inc. at  csv@dreamhomenetwork.com.
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Dream Home Network Inc.

is committed to ensuring digital accessibility and property listings for individuals with disabilities. All information provided is deemed reliable but is not guaranteed and should be independently verified. We are continuously working to improve the accessibility of our web experience for everyone, and we welcome feedback and accommodation requests. If you wish to report an issue or seek an accommodation, please let us know.

Dream Home Network Inc. Sells leads to DHN Realty Inc. who holds real estate brokerage licenses in Alabama. Listing agents will be sent notification copy of leads on their listings where Dream Home Network Inc. is provided listings via our Feed Provider as required.

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Part of Dream Home Network, Inc.
Last updated on 2026.07.24
Terms & Policy