1077 N 5Th St San Jose, CA 95112

$6,605,000 Sold Price as of 10/26/2018

-- Beds
-- Baths
3,380 Sq.Ft.

Off Market

$6,605,000 Sold Price as of 10/26/2018 Refinance Your Mortgage

Property Overview: 1077 N 5Th St San Jose, CA has -- bedrooms, -- bathrooms, 3,380 living square feet and 5,715 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Home Value Compared to the Market

1077 N 5Th St is currently an off market home in the city of San Jose. If you are considering making a home purchase, the value you pay for your home will depend on the market you're looking to purchase in. The city of San Jose has a median list price of $1,150,000. The median price per/sqft for San Jose is $735. With those numbers in mind, if you are looking to purchase a median priced home in San Jose, CA and put 20% down you will need to save up $230,000 for the down payment and will need roughly $23,000 for closing costs on top of the down payment. Homeowners who are looking to sell their home could expect to pay an average of 5% (2.5% to the listing agent and 2.5% to the buyers agent) in agent commissions when it comes to selling their home. With the median sale price for a home in San Jose the commission could be as much as $75,000. If you're thinking of selling and want to save, contact a local Ardent Real Estate Agent today.

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Sale History for 1077 N 5Th St

Last sold for $6,605,000 on October 26th, 2018

July, 2023
Jul 1, 2023

Date

Expired

CRMLS: ML81917107

$8,080,000

Price
Jan 25, 2023

Date

Active

CRMLS: ML81917107

$8,080,000

Price
Listing provided courtesy of CRMLS

Magnify is pleased to present 1077-1089 N 5th Street, a 23-unit multifamily portfolio on four separate parcels in San Jose. Constructed in 1957, the properties consist of (10) 2BD/1BA and (13) 1BD/1BA totaling 12,944 building square feet on a large 0.53 acre lot. The portfolio is available together or separately, and features (1) 4-plex, (2) 6-unit buildings, and (1) 7-unit building. 16 out of 23 units (~70%) have been fully remodeled with new kitchens, bathrooms, dual-pane windows, LVP floors, plumbing upgrades, and more. The property is in a core Silicon Valley location that will benefit from numerous development projects nearby, including the planned Google Downtown West project. Tenants enjoy many restaurants and boutique shops close by in Japantown and downtown San Jose, along with easy access to San Jose State University, top tech employers in the downtown corridor, and Highways 101, 680, and 880.

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October, 2022
Oct 1, 2022

Date

Expired

CRMLS: ML81894831

$1,995,000

Price
Jun 3, 2022

Date

Active

CRMLS: ML81894831

$2,100,000

Price
Listing provided courtesy of CRMLS

The Magnify Investment Team is pleased to present 1077 N 5th Street, a 6-unit investment property located in the highly desirable city of San Jose. Constructed in 1957 and renovated in 2021, the building consists of a desirable unit mix with (4) 2BD/1BA units and (2) 1BD/1BA units amounting to 3,380 building square feet on a 5,825 square foot lot. Two units have been fully remodeled with new kitchens, bathrooms, flooring, dual-pane windows, paint, and more. The building is in a core Silicon Valley location and is walking distance to downtown San Jose and Japantown. It is located less than 10 minutes away from San Jose State University and top tech employers including Zoom, Adobe, eBay, and Google's Downtown West development. It also features easy access to Highways 101, 680, and 880.

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October, 2018
Oct 26, 2018

Date

Sold (Public Records)

Public Records

$6,605,000

Price
September, 2009
Sep 4, 2009

Date

Sold (Public Records)

Public Records

--

Price
October, 2008
Oct 1, 2008

Date

Expired

CRMLS: ML80805369

$749,500

Price
Apr 28, 2008

Date

Active

CRMLS: ML80805369

$749,500

Price
Listing provided courtesy of CRMLS

6-unit apartment building. Lot dimensions 45'x 127' (5,715/sf), 3,100/sf net rentable area. 5-car covered parking structure. On-site laundry facility/coin operated income. Unit mix (4) 2-bedroom/1-bath units, (2) 1-bedroom/1-bath units. Zoning RM. Can combine for sale with 1081,1085,1089 N 5th St & 282 E Younger Ave. Sold AS IS

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Tax History for 1077 N 5Th St

Assessed Value (2020): $1,616,700

Year	Land Value	Improved Value	Assessed Value
2020	$805,800	$810,900	$1,616,700

About 1077 N 5Th St

Detailed summary of property

1077 N 5Th St is categorized with a use code of Apartment House (5+ Units) in San Jose, CA 95112 and last sold on October 26, 2018 for $6,605,000. This property has -- bedrooms, -- bathrooms, roughly 3,380 living square feet, and sits on an approximately 5,715 square foot lot. Homes in San Jose are selling for a median price of $1,500,000 and a median price per square foot of $936. Based on Ardent Real Estate Group's San Jose Market Data, this home is sold 340.33% higher than the current median priced home. 1077 N 5Th St was last sold on October 26, 2018 for $6,605,000. The average home in San Jose, CA is selling in 252 days. There are currently 3641 homes for sale in the San Jose real estate market and 2520 of them are single family homes while 669 of them are condos and 448 are townhomes. If you are the homeowner and looking to sell the home at 1077 N 5Th St San Jose, CA 95112 contact Ardent Real Estate Group and we will put you in touch with one of our San Jose agents.

Public Facts for 1077 N 5Th St

Public county record property details

Beds: --
Baths: --
Year built: 1957
Sq. Ft.: 3,380
Lot Size: 5,715
Stories: 2

Type: Apartment House (5+ Units)
Pool: No
Spa: No
County: Santa Clara
Lot#: --
APN: 235-09-007

The source for these homes facts are from public records.

95112 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends

Median List Price

$859,999

Median List Price/Sq.Ft.

$629

Median Sold Price

$1,120,238

Median Sold Price/Sq.Ft.

$855

Total Inventory

137

Median Sale to List Price %

124.48%

Avg Days on Market

Loan Type

Conventional (89.47%), FHA (0%), VA (0%), Cash (10.53%), Other (0%)

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