- $8.3M Price
- .33 Acres
- 8 DOM
555 S 2nd Street
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.
Essential Information
- MLS® #ML82038519
- Price$8,280,000
- Bathrooms0.00
- Acres0.33
- Year Built1928
- TypeCommercial Sale
- StatusActive
Community Information
- Address555 S 2nd Street
- Area699 - Not Defined
- CitySan Jose
- CountySanta Clara
- Zip Code95112
Interior
- CoolingNone
School Information
- DistrictSan Jose Unified
Additional Information
- Date ListedMarch 13th, 2026
- Days on Market8
- ZoningDC
Listing Details
- AgentEymon Binesh
- OfficeMarcus & Millichap
Eymon Binesh, Marcus & Millichap.
Based on information from California Regional Multiple Listing Service, Inc. as of March 21st, 2026 at 2:50pm PDT. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.