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$2,150,000 Just Listed
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Property Description
Great Investment Opportunity to Own, Strong Cash Flow, Well Maintained 8-Unit Property Nestled in Central San Jose; Only Few Blocks From Japantown, Downtown San Jose and San Jose State University; Eight 1 Bed/1 Bath Units for Strong Rental Income; Double Pane Windows; Newer Water Heaters; Covered Parking Spaces with Tenant Storage Lockers; Coin-Operated Laundry Room; Located in the Heart of Silicon Valley Near Major Tech Employers; Convenient Location Close to Retails, Restaurants and San Jose Mineta International Airport; Easy Access to Public Transportation and Highway 87/101/280/880
Full Property Details
Full Property Details for 354 N 5th St
General
- Price: $2,150,000
- Status: Active
- Type: Commercial Residential Facility
- Source: RE_Infolink
- MLS ID: ML82036703
- Updated: 2/28/2026
- Added to Site: 2 day(s) ago
Interior
- Flooring: Carpet, Tile, Vinyl / Linoleum
Rooms
Other Rooms
- Kitchen: Appliances (Varies by Unit), Gas Oven/Range
- Laundry: Coin-Operated
Additional Information
- Security/Safety: None
Parking
- Parking Features: Carport , Uncovered Parking
Location
- Area: Central San Jose
- County: Santa Clara
Heating & Cooling
- Cooling Type: None
Utilities
- Sewer: Public Sewer, Sewer Connected
- Water: Public
- Utility Description: Public Utilities
- Metering: Master Water, Separate Electric, Separate Gas
Structural Information
- Construction: Wood Frame
- Foundation: Concrete Perimeter and Slab
- Roof: Composition
- Disability Access: None
- Square Feet: 3,904
- Year Built: 1956
Unit Information
Unit 1
- Square Feet: 488
- Bedrooms: 1
Lot Features
- Lot Size (Acres): 0.1426
- Minimum Lot Size: 6210
- Building Sites: 1
- Grounds/Landscape: Sprinklers - Lawn
- Zoning: RM
Disclosures and Reports
- Restrictions: No Age Restrictions
Listed by Compass, Joseph Yen and Compass, Flora Chen
Get Pre-Approved Today
Schools
Schools serving 354 N 5th St
School District:San Jose Unified School District
| Name | Grades | Distance |
|---|---|---|
Grant Elementary School, San Jose, CA 470 Jackson Street, San Jose, CA 95112 | K-5 | 0.5 mi |
Muwekma Ohlone Middle 850 North 2nd Street, San Jose, CA 95112 | 6-8 | 0.9 mi |
San Jose High School 275 North 24th Street, San Jose, CA 95116 | 9-12 | 1.1 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 354 N 5th St
Date
Details
Price
Change
Source
2/28/2026
Listed
$2,150,000
-11.52%
MLS
5/07/2021
Sold
$2,430,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 354 N 5th St
Year
Property Taxes
Change
Tax Assessment
Change
2025
$35,848
6%
$2,630,308
2%
2024
$33,676
2%
$2,578,735
2%
2023
$32,969
1%
$2,528,172
2%
2022
$32,733
22%
$2,478,600
25%
2021
$26,846
2%
$1,985,357
1%
2020
$26,431
153%
$1,965,000
229%
2019
$10,428
-64%
$597,818
-73%
2018
$29,155
1%
$2,184,840
2%
2017
$28,919
192%
$2,142,000
280%
2016
$9,897
2%
$563,340
2%
2015
$9,741
4%
$554,879
2%
2014
$9,365
1%
$544,010
—
2013
$9,291
—
$541,552
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 354 N 5th St
354 N 5th St, San Jose, CA 95112 (MLS# ML82036703) is a Commercial Residential Facility property. 354 N 5th St is currently listed for $2,150,000 and was received on February 28, 2026. Want to learn more about 354 N 5th St? Do you have questions about finding other Commercial Residential Facility real estate for sale in San Jose? You can browse all San Jose real estate or contact a Coldwell Banker agent to request more information.

