858-525-5007

555 2nd, San Jose CA 95112 | $8,280,000

  • 0 bedrooms
  • 0 bathrooms
  • 0 Sq Ft
  • 0 Lot Sq Ft
  • Type:
  • Stories: 0
  • Year Built: 1928
  • MLS#: ML82038519
  • Community: 699 - Not Defined

Listing provided courtesy of Eymon Binesh of Marcus & Millichap. Last updated 2026-06-24 08:23:08.000000. Listing information © 2025 SANDICOR.

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.

More Details

Parking Spots: 0.00
Carport Spaces: 8.00

David Piper​

Call or Text: 858-525-5007

DRE# 02021985