1451 N 1st St, San Jose, CA, 95112
Centrally Located San Jose Investment Opportunity
Marketing description
1451 N 1st St is a centrally located 5-unit multifamily investment opportunity in the prosperous city of San Jose, California.
Situated on a parcel of land totaling 5,522 square feet, the subject property was originally constructed in 1953 and features a gross building area of approximately 3,175 square feet, offering tenants beautifully designed two-bedroom, one-bedroom, and studio floor plans. The unit interiors have been updated with dual pane windows, upgraded electrical panels and individual water heaters. Select units feature vinyl plank flooring, granite countertops and stainless steel appliances. Additionally, tenants enjoy convenient community amenities such as private covered carport parking and an on-site laundry facility.
1451 N 1st St sits near Downtown San Jose and 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.
Additionally, the subject property is located near San Jose State University and the historic Santa Clara University, ranked 54th nationally for undergrad and 11th nationally for the executive MBA program based on US News & World Report Rankings. The community also benefits from its proximity to some of San Jose's largest employers such as the Santa Clara County Medical Center, Adobe, PwC, Deloitte, Cisco, among many other multinational enterprises.
The investment appeal of this asset is driven by San Jose's strong employment fundamentals and low vacancy levels. With a world-class location in the Silicon Valley, 1451 N 1st St presents an attractive choice for South Bay renters due to its close proximity to major employers, transportation corridors, shopping, dining, and entertainment options.
Investment highlights
- Centrally Located San Jose Investment Opportunity - Investors have the opportunity to acquire a well-situated investment in one of the most dynamic and desirable locations in the South Bay.
- Fully SB 721 Compliant as of 2026 - Ownership has completed all required structural improvements, bringing the subject property into full compliance with California's SB 721 requirements as of 2026.
- Upgraded Unit Interiors - The unit interiors have been enhanced with dual-pane windows, upgraded electrical panels, and individual water heaters, while select residences feature vinyl plank flooring, granite countertops, and stainless steel appliances, providing a modern and attractive living experience.
- Desirable Unit Mix - 1451 N 1st St offers renters beautifully designed large two-bedroom, one-bedroom, and studio floor plans.
- Quick Access Around the Bay Area - 1451 N 1st St offers tenants and residents convenient access to I-280 and other major transportation routes providing easy access to prestigious educational institutions, major employers, and the various lifestyle amenities offered in the Bay Area.
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