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1073 N 5th St, San Jose, CA, 95112

4beds
4baths
1,680sqft
$1,300,000
$774price/sqft
$9,777/moest. monthly cost
$391,080/yrincome needed

About This Home

Marcus & Millichap is pleased to present the investment opportunity located at 1073 N 5th Street in San Jose, California. Long-term renter appeal for this asset is anchored by proximity to major employers, key transportation corridors, and numerous lifestyle amenities. The attractive, four-unit apartment complex is situated on a parcel of land totaling 0.13 acres and features a gross building area of approximately 1,680 square feet. Built in 1954, the property benefits from a world-class location near Downtown San Jose in the renown Silicon Valley region. Residents enjoy direct access to many of the nations top tech employers, including Apple, Google, Tesla, Facebook, IBM, Intel, Yahoo, Cisco Systems, Adobe Systems, and LinkedIn. Likewise, the multifamily building sits near Santa Clara University, ranked 56th among undergraduate nationwide, and San Jose State University, ranked third among public universities nationwide. Additionally, the property is just a few blocks from multiple travel corridors, including Highways 87, 880, and 101. Overall, the property presents an attractive choice for multifamily investors thanks to its premier location combined with San Joses strong employment fundamentals and low vacancy levels.

Getting Around

76
WalkingVery Walkable
53
TransitGood Transit
86
BikeVery Bikeable

Schools

4/10
Muwekma Ohlone MiddleGrades 6-80.4 mi
5/10
San Jose High SchoolGrades 9-121.8 mi

Construction

Condition

  • Year built: 1954

Materials

  • Foundation: Concrete Perimeter
  • Roof: Composition

Type & Style

  • Home type: MultiFamily
  • Property subType: Quadruplex,Residential Income

Interior

Bedrooms & Bathrooms

  • Bedrooms: 4
  • Bathrooms: 4

Features

  • Door features: Other
  • Flooring: Carpet,Laminate,Other,Tile

Heating & Cooling

  • Heating features: Gas
  • Cooling features: Other

Interior Area

  • Total structure area: 1,680
  • Total interior livable area: 1,680 sqft

Property

Accessibility

  • Accessibility features: Other

Details

  • Parcel number: 23509008
  • Zoning: R3
  • Special condition: Standard

Features

  • Stories: 1

Lot

  • Lot size: 5,760 sqft

Parking

  • Total spaces: 5
  • Parking features: Carport
  • Covered spaces: 5
  • Carport: Yes
  • Carport spaces: 5

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Earthquake
    EarthquakeVery High
  • Inland Flooding
    Inland FloodingVery High
  • Heat Wave
    Heat WaveModerate

How This Home’s Risks Compare

Earthquake
Inland Flooding
Heat Wave

FEMA Declared Disasters in Santa Clara County and California

Earthquake
Flood
Mud Landslide
Severe Ice Storm
Severe Storm
Snowstorm
Straight Line Winds
Tropical Storm
Winter Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $6,573$78,876
Home Insurance *$167$2,004
Property Taxes $2,639$31,668
Electricity $398$4,786
Total$9,777$117,324
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$335,211/yr
40% on housing$293,310/yr
45% on housing$260,720/yr

California FAIR Plan Programs

California FAIR Plan Association

Covered
WildfireWildfire
Visit Website →
Current Policies
Residential: 417,310Commercial: 13,990
Total Premiums$1.42B
Total Exposure$429.84B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 7.1%
7.1%
0%30.0%
Electricity Growth Rate10-year average: 4.3%
4.3%
0%15.0%
Property Taxes Growth Rate2-year average: 1.0%
1.0%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$774This listing

vs Other Active Listings

Avg $/sqft

ZIP 95112$472
Santa Clara County$789

vs Homes Sold Last Month

Median $/sqft

ZIP 95112$797
Santa Clara County$1,052

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-05-13Listed for sale$1,300,000
1997-01-07Sold$250,000
1994-06-23Sold$177,500
1994-03-23Sold$169,000

For Sale by Agent

AgentMichael Henshaw
BrokerageMarcus & Millichap

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