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$6,200,000
Est. payment /mo
0.32 Acres Lot
New
402 S 4th ST San Jose, CA 95112
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Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
MLS Listing ID ML82044371
HOA Y/N No
Year Built 1957
Annual Tax Amount $84,253
Lot Size 0.323 Acres
Property Description
Veridian on 4th is a 19 unit apartment community located directly across the street from from San Jose State University, offering a premier downtown San Jose location with direct access to a strong and consistent tenant base. The property features a desirable unit mix of eighteen 2 bedroom units and one studio, along with individually metered water, electric, and gas, providing a desirable operational advantage and reduced landlord expenses. The units offer functional layouts that appeal to students, roommates, and young professionals, supporting steady rental demand. Located directly across from San Jose State University, residents benefit from immediate proximity to campus and a highly walkable lifestyle within approximately 0.5 miles of Downtown San Jose and San Pedro Square, with access to dining, retail, and entertainment. The property is also close to Diridon Station, providing connectivity to Caltrain, ACE, and future BART service. Supported by SJSU and Silicon Valley employment, the property is well positioned for long term rental demand. A marketing package is available upon request.
Location
State CA
County Santa Clara
Area 699 - Not Defined
Zoning C3
Interior
Cooling None
Fireplace No
Exterior
Roof Type Composition
Total Parking Spaces 21
Schools
School District San Jose Unified
Others
Tax ID 46747088
Special Listing Condition Standard

Listed by Mitchell Zurich Marcus & Millichap #01870648
NEARBY SCHOOL & BUSINESS
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