523 N 2nd Street San Jose, CA $ 11,000,000
523 N 2nd Street
$ 11,000,000
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523 N 2nd Street

San Jose, CA, 95112
$ 11,000,000
Bedrooms-- Baths-- Sq 18,305

Monthly Estimate*

$ 68,626

Listed by Marcus & Millichap
523 N 2nd Street, San Jose, CA 95112 - Image 1
523 N 2nd Street, San Jose, CA 95112 - Image 2
523 N 2nd Street, San Jose, CA 95112 - Image 3
523 N 2nd Street, San Jose, CA 95112 - Image 4
523 N 2nd Street, San Jose, CA 95112 - Image 5
523 N 2nd Street, San Jose, CA 95112 - Image 6
523 N 2nd Street, San Jose, CA 95112 - Image 7
523 N 2nd Street, San Jose, CA 95112 - Image 8
523 N 2nd Street, San Jose, CA 95112 - Image 9
523 N 2nd Street, San Jose, CA 95112 - Image 10
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Commercial Property for sale in San Jose, CA

for $11,000,000. This 18,305 square foot building was built in 1948 on a lot size of 0.868.

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.

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Commercial Active

Price

$ 11,000,000

Property Type

Commercial

Taxes

$ 145,168

Style

Lot Size

0.868

Year Built

1948

Town/City

San Jose

County/Region

Santa Clara

MLS | Web ID

ML82015189

Days on Market

155

Features
General
Heating Wall Furnace
Cooling None
Roof Shingle
Zoning R3
HOA Fee 0
Year Built 1948
County Santa Clara
Insurance Expense 27458
Property Type Commercial Sale
MaintenanceExpense 19500
Special Listing Conditions Standard
Status Active
City San Jose
High School District San Jose Unified
MLS Area 699 - Not Defined
Lot Size Units Square Feet
Lot Size Square Feet 37812
Carport Spaces 22
Carport Y/N true
Tax Annual Amount 145168
Trash Expense 10964
Standard Status Active
Occupancy Type Tenant
Year Built Source Assessor
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Interior
Air Conditioning Y/N true
Heating Y/N true
Total Baths 0
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Exterior
Water Source Public
Total Parking 17
Lot Size Area 37812
Number of Buildings 3
Building Area Total 18305
Lot Size Acres 0.868
Lot Size Source Assessor
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* Excluded Features
List By
Marcus & Millichap

Broker

cole.simpson@marcusmillichap.com

Email

Affordability Calculator

$80,723
Per Month
85%
15%
0%
Monthly Principal & Interest
$68,626
Monthly Property Taxes
$12,097
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4827338 Elementary School
4827337 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
11/20/2025$11,000,000 Listed Price

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523 N 2nd Street, San Jose, CA, 95112 is a Commercial Property for sale at $11,000,000 with 18,305 sqft and a lot size of 0.868. 523 N 2nd Street was built in 1948. The property's zip code is 95112 which is in San Jose, CA