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523-530 N 1st St
San Jose, CA 95112
First Street Manor · Multifamily Property For Sale
·
39 Units
PROPERTY FACTS
| No. Units | 39 | Building Size | 39,631 SF |
| Property Type | Multifamily | Average Occupancy | 95% |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Low-Rise | Year Built | 1948 |
| Building Class | C | Parking Ratio | 3.06/1,000 SF |
| Lot Size | 0.85 AC | ||
| Zoning | R3 | ||
| No. Units | 39 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.85 AC |
| Building Size | 39,631 SF |
| Average Occupancy | 95% |
| No. Stories | 2 |
| Year Built | 1948 |
| Parking Ratio | 3.06/1,000 SF |
| Zoning | R3 |
AMENITIES
UNIT AMENITIES
- Dishwasher
- Heating
- Ceiling Fans
- Granite Countertops
- Hardwood Floors
- Refrigerator
- Double Pane Windows
- Patio
SITE AMENITIES
- Courtyard
- Fenced Lot
- Laundry Facilities
ABOUT 523-530 N 1ST ST , SAN JOSE, CA 95112
Marcus & Millichap has been selected to exclusively market for sale First Street Manor, a stunning, recently renovated, 39 unit apartment community located at 523 - 530 North 1st Street in the thriving downtown of San Jose, CA. Situated on one parcel totaling .85 acres of land, the subject property was originally constructed in 1948 and has a gross livable area of approximately 18,320 total square feet, offering its tenants quality studio, one and two-bedroom floorplans to call home. First Street Manor consists of 12 two-bedroom/one-bathroom units, 7 one-bedroom/one-bathroom units, and 20 studio units. Residents at First Street Manor enjoy multiple convenient community amenities including on-site coin operated laundry facilities, secured gated perimeter providing safety and privacy, and a secluded central courtyard area. 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 heart of Silicon Valley, First Street Manor present an attractive choice for South Bay renters due to the close proximity to major employers, transportation corridors, shopping, dining and entertainment.
PROPERTY TAXES
| Parcel Number | 249-43-042 | Improvements Assessment | $7,722,788 |
| Land Assessment | $6,453,765 | Total Assessment | $14,176,553 |
PROPERTY TAXES
