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$ 6,200,000
Est. payment | /mo
2 Beds
2 Baths
11,228 SqFt
$ 6,200,000
Est. payment | /mo
2 Beds
2 Baths
11,228 SqFt
Key Details
Property Type Commercial
Sub Type Five or More Units
Listing Status Active
Purchase Type For Sale
Square Footage 11,228 sqft
Price per Sqft $552
Lot Size 0.324 Acres
MLS Listing ID ML82044371
Bedrooms 2
Full Baths 2
Property Description
Veridian on 4th is a 19 unit apartment community located directly across the street from from San Jose State University, offering a premier downtown San Jose location with direct access to a strong and consistent tenant base. The property features a desirable unit mix of eighteen 2 bedroom units and one studio, along with individually metered water, electric, and gas, providing a desirable operational advantage and reduced landlord expenses. The units offer functional layouts that appeal to students, roommates, and young professionals, supporting steady rental demand. Located directly across from San Jose State University, residents benefit from immediate proximity to campus and a highly walkable lifestyle within approximately 0.5 miles of Downtown San Jose and San Pedro Square, with access to dining, retail, and entertainment. The property is also close to Diridon Station, providing connectivity to Caltrain, ACE, and future BART service. Supported by SJSU and Silicon Valley employment, the property is well positioned for long term rental demand. A marketing package is available upon request.
Location
State CA
County Santa Clara
Area Central San Jose
Building/Comlex Name VERIDIAN ON 4TH
Zoning C3
Interior
Heating No Heating
Cooling None
1-purchase type For Sale
Exterior
Garage Attached Garage, Uncovered Parking
Garage Spaces 2
Utilities Available Individual Electric Meters
Roof Type Composition
Building
Foundation Concrete Perimeter and Slab
Sewer Sewer Connected
Water Water On Site
Others
Restrictions None
Tax ID 467-47-088
Security Features None
Special Sale Not Applicable
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Listed by Mitchell Zurich of Marcus & Millichap
Bought with Mitchell Zurich of Marcus & Millichap
Bought with Mitchell Zurich of Marcus & Millichap
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