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Listed by Marcus & Millichap
$ 6,200,000
Est. payment /mo
Active
402 S 4th Street San Jose, CA 95112
11,228 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Other
Listing Status Active
Purchase Type For Sale
Square Footage 11,228 sqft
Price per Sqft $552
MLS Listing ID ML82044371
HOA Y/N No
Year Built 1957
Lot Size 0.324 Acres
Property Sub-Type Other
Source Datashare MLSListings
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
Interior
Heating None
Cooling None
Fireplace No