Features & Amenities

Interior

  • Total Bedrooms

    N/A

  • Bathrooms

    N/A

  • Cooling YN

    YES

  • Cooling

    N/A

  • Heating YN

    YES

  • Heating

    Wall Furnace

  • Pet friendly

    N/A

Exterior

  • Garage

    No

  • Pool

    No

Area & Lot

  • Lot Size(acres)

    0.8523

  • Property Type

    Commercial Sale

Price

  • Sales Price

    $12,800,000

  • Tax Amount

    168243.0

  • Sq. Footage

    N/A

  • Price/SqFt

    N/A

HOA

  • Association

    No

School District

  • Elementary School

    N/A

  • Middle School

    N/A

  • High School

    N/A

Property Features

  • Water Source

    Public

Schedule a Showing

Showing scheduled successfully.

<
>
IN PERSON
VIA CHAT

What is 3 + 4 ?


Change time

Mortgage calculator

Estimate your monthly mortgage payment, including the principal and interest, property taxes, and HOA. Adjust the values to generate a more accurate rate.

Your payment

Principal and Interest:

$

Property taxes:

$

HOA fees:

$

Total loan payment:

$

Total interest amount:

$

Location

County

Santa Clara

Elementary School

Middle School

High School

Listing Courtesy of Robert Johnston , Marcus & Millichap

RealHub Information is provided exclusively for consumers' personal, non-commercial use, and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. RealHub website owner shall not be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.

Agent LinaMirza

FOUNDER

LinaMirza

Call Lina today to schedule a private showing.


* Listings on this website come from the FMLS IDX Compilation and may be held by brokerage firms other than the owner of this website. The listing brokerage is identified in any listing details. Information is deemed reliable but is not guaranteed. If you believe any FMLS listing contains material that infringes your copyrighted work please click here to review our DMCA policy and learn how to submit a takedown request.© 2024 FMLS.
Marcus & Millichap has been selected to exclusively market for sale First Street Manor, a stunning, recently renovated, 39 unit apartment community located at 523 - 530 North 1st Street in the thriving downtown of San Jose, CA.  Residents at First Street Manor enjoy multiple convenient community amenities including on-site coin operated laundry facilities, secured gated perimeter providing safety and privacy, and a secluded central courtyard area. First Street Manor sits directly across from the Japantown/Ayer San Jose Light Rail Station which provides access to numerous locations across the Silicon Valley including Downtown Mountain View, Downtown Campbell, and San Jose International Airport. Additionally the thriving downtown area, San Jose State University, and Japantown are within walking distance. Google Village, the giant proposed tech campus for Google, is planned for the Downtown Diridon Station area which sits just 0.7 miles from the subject property.

523530 N First Street

Message successfully sent.

What would you like to know?

What is 3 + 4 ?

Related Properties

256 La Pala, or Country Club Gardens Apartments, (the Property) is a two story multifamily asset built in 1960, situated on a 1.69-acre lot and compromised of thirty-eight (38) well maintained units, broken down to twenty-four (24) one bedroom one-bathroom units and fourteen (14) two-bedroom one-bathroom units. Current ownership has made significant capital improvements to the property. They include but are not limited to, upgraded solar system, new white membrane roof, upgraded courtyard stairs, and remodeled front entrance and façade. The Property has 28,256 square feet of rentable space, with desirable amenities including an on-site pool, on-site laundry, and private covered parking. Along with modern floor plans, the Property stands out as an amazing place for renters to call home.   The Property's potential offers an investor the rare opportunity to purchase turnkey investment real estate in one of the highest barriers-to-entry residential markets in the U.S. The investment appeal of the Property is driven by the Property's ground zero Silicon Valley location, strong employment fundamentals, and the significant affordability gap between renting and owning.
#ML82026378

San Jose

256 La Pala Drive

None Beds

None Baths

28,256 Sq.Ft.

$11,800,000

MLS#: ML82026378

Built in 1971, the Mission Villa Apartments offers a rare unit mix and variety of amenities not commonly found in a 36-unit community.  The thoughtfully designed and oversized 705 sq. ft. one bedroom on baths, 850 sq. ft. 2 bedroom 2 baths, and 1,150+ sq ft. three bedroom two baths units offer in-wall A/C, dishwashers and disposals, and either private patios or balconies. The attractive Spanish-Style architecture property boasts a heated swimming pool and spa, BBQ area, recreation room, fitness center and an adjoining sauna with shower and restrooms. The Mission Villa Apartments provides a compelling value-add investment opportunity, with upside through both interior and common area renovations combined with mark-to-market benefit. While current ownership has maintained the asset well and renovated select units, the groundwork is laid to expand the unit modernization program to compete with nearby higher-end communities. Additional operational upside can be captured via loss to lease upside, contemporization of existing amenities, or conversion to add multiple additional rental units.  Tenants benefit from proximity to the 11-mile Los Gatos Creek Trail, retail and restaurant options of The Pruneyard, Santana Row and Downtown Campbell, and world-class​​‌​​​​‌​​‌‌​​‌​​​‌‌​​​‌​​‌‌​​​‌​‌​​​‌‌​ employers.
#ML82024500

San Jose

1299 Leigh Avenue

None Beds

None Baths

30,851 Sq.Ft.

$11,350,000

MLS#: ML82024500

Excellent Development Opportunity.   4 separate parcels with separate APNs. Approx. 1.4 acres located in San Jose Urban Village District, East Side District section.  Subject consists of a large parcel of land leased out to a truck driving school and few individual trucks, generating $9000.00 per month, on a month-to-month basis - as well as a single-family home, currently rented at $2500.00 on a month-to-month term.  The land use designation for the East side district is Residential, 75-300 DU/AC, and Commercial, mixed use. FAR 3.5 to 5.5 (100%commercial projects)
#ML82020472

San Jose

12280 Mabury Road

None Beds

None Baths

N/A

$12,000,000

MLS#: ML82020472

First Street Manor is an exceptional 39-unit apartment community located at 523-530 N First St in the thriving city of San Jose, California.  Situated on 0.87 acre parcel of land, the subject property was originally constructed in 1948 and has a gross building area of approximately 18,320 total square feet, offering its tenants beautifully designed two-bedroom, one-bedroom, and studio floor plans. Residents at First Street Manor enjoy multiple convenient community amenities including an on-site laundry facility, private covered parking, secured gated perimeter and a secluded community courtyard area.  The subject property has also recently undergone extensive capital improvements such as a new roof installed in 2024, complete interior renovations for all units, and dual-pane windows throughout.  First Street Manor sits near Downtown San Jose and is within walking distance to the Target anchored San Jose Market Center, both being home to a myriad of dining, shopping, and entertainment options.The subject property also boasts convenient access to the San Jose Mineta International Airport (SJC). SJC is one of the busiest airports in all of Northern California serving millions of passengers every year to both domestic and international destinations.
#ML82015189

San Jose

523 N 2nd Street

None Beds

None Baths

18,305 Sq.Ft.

$11,000,000

MLS#: ML82015189

Price reduced
This multi-family home is located at 2710-2718 Kollmar Dr San Jose CA and in ZIP code 95127. The 42 Multifamily unit investment comprised of 41 all 2 bedroom, 1 bath, 600 square feet and 1 Studio, 300 square feet. Owners have spent over $300,000 on repairs work, roofing, landscaping, floorings, plumbing, and renovations. This property is located just minutes from major freeways (I-680,280, 101,87,& 85), Shopping Mall, Transportation/light Rail, Bart, College & University, and downtown San Jose of which is in the middle of a revitalized downtown area and complete restaurants, shops & movie theater and work in progress Light Rail! Property has great potential for any commuters, etc. This is an ideal opportunity for an owner/user or an investor to purchase a well-located apartment property with income upside realized through unit renovation and allowable rent increases.
#ML82015117

San Jose

2710 Kollmar Drive

None Beds

None Baths

7,533 Sq.Ft.

$14,658,000

MLS#: ML82015117

Black Mountain Ranch is a breathtaking 4600 acre ranch that stradles Santa Clara County and Alameda County. Adjacent to the Ohlone Wildlife Preserve and Lake Del Valle County Park. The possiblities are endless for this amazing ranch consiting of 14 parcels, five parcels in Alameda County and nine parcels in Santa Clara County. Several streams and creeks run through the ranch.
#ML81951221

San Jose

None

None Beds

None Baths

N/A

$12,000,000

MLS#: ML81951221

 - property

Send a message

Message successfully sent.

Your message

What is 3 + 4 ?

Reason for contacting?

Sign Out

Virtual Assistant

Would you like to take the next step with this property? We can help you schedule a showing or virtual tour, or send you more details.

Yes, I would like more information.

Thank You for Your Reply, One of Our Agents will contact you as soon as possible

No, maybe later.

Thank you, you can always contact me via email, phone number or through the contact form.

Realhub AI

Lucy - Your AI-Powered Realtor

Update Your Temporary Password

Personalize your search

Enter your email and we'll notify you immediately when new listings match what you're looking for.

or enter email address

Already have an account ? Login here

Continue your home search

Already have an account ? Login here