445 N 1st St, San Jose, CA 95112 - Photo 1

1/1

$1,950,000

Sold
Closed
Commercial Residential Facility
6,704 Sq. Ft.
0.1928 Acres

1/1

Property Description

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.

Full Property Details

Full Property Details for 445 N First St

General

Sold For: $1,950,000
Status: Closed
Type: Commercial Residential Facility
Source: RE_Infolink
MLS ID: ML82014596
Added to Site: 230 day(s) ago

Additional Information

Security/Safety: None

Parking

Garage Spaces: 3
Parking Features: Covered Parking, Detached Garage

Location

Area: Central San Jose
County: Santa Clara

Heating & Cooling

Cooling Type: None

Utilities

Sewer: Sewer Connected
Water: Water on Site
Utility Description: Individual Electric Meters
Metering: Master Water

Structural Information

Foundation: Concrete Perimeter and Slab
Roof: Flat / Low Pitch
Disability Access: None
Square Feet: 6,704
Year Built: 1924

Unit Information

Unit 1

Bedrooms: 2

Lot Features

Lot Size (Acres): 0.1928
Minimum Lot Size: 8400
Building Sites: 1
Zoning: C

Disclosures and Reports

Restrictions: None

Listed by Marcus & Millichap, Mitchell Zurich
Sold by M&MKW, Mitchell Zurich

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Listing agent

— 445 N First St —

Mitchell Zurich

Marcus & Millichap

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Schools

Schools serving 445 N First 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	0.7 mi
Muwekma Ohlone Middle 850 North 2nd Street, San Jose, CA 95112	6-8	0.8 mi
Abraham Lincoln High School 555 Dana Avenue, San Jose, CA 95126	9-12	1.9 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 445 N First St

Date

Details

Price

Change

Source

9/27/2025

Sold

$1,950,000

-6.7%

MLS

7/14/2025

Listed

$2,090,000

—

MLS

Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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4,644
Sq. Ft.
0.2186
Acres

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445 N 1st St, San Jose, CA 95112 (MLS# ML82014596) is a Commercial Residential Facility property that was sold at $1,950,000 on September 27, 2025. Want to learn more about 445 N 1st 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.

445 N First St San Jose, CA 95112