S 2nd

San Jose San Jose, CA, 95112
For Lease $8,280,000/mo.
  • 20,521sqft
  • 14,474sf lot
Listing agents:
Eymon Binesh
Marcus & Millichap
Jimmy Castellanos
BCG Multifamily of Marcus & Millichap is pleased to present 555 S. 2nd Street, a 39-unit apartment community located in the heart of Downtown San Jose's vibrant SoFA District. Offered at just $212,000 per unit, the property provides investors with a rare low basis in one of Silicon Valley's most dynamic urban neighborhoods. The asset features 37 studio units, one one-bedroom unit, and a ~900 SF ground-floor commercial storefront, currently vacant. The investment offers strong in-place returns with a 6.93% CAP rate and 8.8 GRM, along with attractive financing options available, creating an opportunity for immediate cash flow in a prime downtown location near San Jose State University, major tech employers, dining, and entertainment. This opportunity presents a rare opportunity to acquire scale in Downtown San Jose at an attractive basis with strong in-place cash flow and long-term upside.

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S 2nd is a Residential Income Five Or More Units property located in San Jose, California, featuring a 14,474 sqft lot, 20,521 sqft, MLS #ML82038519.
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Data last modified: 2026-03-18 07:20:50