555 S 2nd Street San Jose, CA ^$ 8,280,000

555 S 2nd Street

^$ 8,280,000

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Recently Listed

555 S 2nd Street

San Jose, CA, 95112

^$ 8,280,000

Bedrooms-- Baths-- Sq 20,521

Monthly Estimate*

^$ 50,981

Listed by Marcus & Millichap

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Commercial Property for sale in San Jose, CA

for $8,280,000. This 20,521 square foot building was built in 1928 on a lot size of 0.3323.

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.

Commercial Active

Price

^$ 8,280,000

Property Type

Commercial

Taxes

^$ 99,691

Style

Lot Size

0.3323

Year Built

1928

Town/City

San Jose

County/Region

Santa Clara

MLS | Web ID

ML82038519

Days on Market

Features

General

Cooling None

Zoning DC

HOA Fee 0

Year Built 1928

County Santa Clara

Insurance Expense 42900

Property Type Commercial Sale

MaintenanceExpense 39000

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 14474

Carport Spaces 8

Carport Y/N true

Tax Annual Amount 99691

Trash Expense 19500

Standard Status Active

Year Built Source Assessor

Interior

Air Conditioning Y/N true

Total Baths 0

Exterior

Water Source Public

Total Parking 0

Lot Size Area 14474

Number of Buildings 2

Building Area Total 20521

Lot Size Acres 0.3323

Lot Size Source Assessor

* Excluded Features

List By

Marcus & Millichap

Broker

ebinesh@marcusmillichap.com

Affordability Calculator

$59,289

Per Month

Monthly Principal & Interest: $50,981
Monthly Property Taxes: $8,308
Monthly Home Insurance: --

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Loan Term

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Yearly Home Insurance

Default based on a 30-year fixed rate of 6.25% 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

Trends
Schools

Commerical listings in San Jose, CA

Average List Price ^$2,539,537

Percent of Sale Price 69%

About San Jose, CA

1,023,338 Population

13% Since 2002

^$93,707 Median Income

37.72 Median Age

35% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

4827338 Elementary School

4827337 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
3/13/2026	$8,280,000		Listed Price

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555 S 2nd Street, San Jose, CA, 95112 is a Commercial Property for sale at $8,280,000 with 20,521 sqft and a lot size of 0.3323. 555 S 2nd Street was built in 1928. The property's zip code is 95112 which is in San Jose, CA

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.25% 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.

Listing data provided courtesy of the Internet Data Exchange Program of the California Regional Multiple Listing Service, Inc..

Based on information from California Regional Multiple Listing Service, Inc. as of 3/25/2026. 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.

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555 S 2nd Street

Commercial Property for sale in San Jose, CA

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