Active listing in San Jose, Santa Clara County. Convenient access to schools, parks, and Bay Area employment centers.
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0 Bed / 0 Bath / 20,521 sqft on 14,474 sqft Lot
Spec sheet at a glance. See full details below for interior, exterior, and lot features.
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Listed at $8.3M vs City Median $1.2M
$403/sqft compared to San Jose avg $834/sqft (-51.6%).
Best fit forActive BuyersSan Jose SearchersMove-Up / Move-In
About This Home
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.
Listing courtesy of Marcus & Millichap · Eymon Binesh MLS# ML82038519 · Data from MLSListings Inc.
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Property Details
Property Type
FiveOrMoreUnits
Year Built
1928
Bedrooms
0
Bathrooms
0 Full
Living Area
20,521 sqft
Lot Size
14,474 sqft
Garage
N/A
Price/sqft
$403
County
SantaClara
MLS Number
ML82038519
Status
Active
Stories
N/A
HOA
None
Interior Features
Gas
Exterior & Lot
RolledHotMop Roof0.33 Acres
Location
This HomeActivePendingSold
555 S 2nd ST, San Jose, CA 95112 · SantaClara County
Market Context
Price Positioning
$Price context: Listed at $403/sqft vs San Jose avg $834/sqft (51.6% below).
$Sale-to-list: San Jose homes selling at 103.5% of asking.
⏲Velocity: City avg 36 days. This home: 63 days.
🏠Inventory:0 0-bedroom homes currently available in San Jose.
Source: MLSListings Inc. Timothy Alston, Broker, DRE# 01328224.
Want to know what this home will actually sell for? Get a data-backed offer range based on recent comparable sales.
Straight from the MLS · Updated every 15 min
Timothy Alston
Broker · 15 years in San Jose
The Listings Other Buyers See 6 Hours Late
Get a data-backed offer strategy for 555 S 2nd ST before the next showing window closes.
"Timothy showed us a home 4 hours after it hit the MLS. We toured that evening, offered by 9pm, and were in contract by Friday. Two other offers came in Saturday morning."
CentralSanJose in San Jose, California (95112) continues to attract significant buyer interest. 555 S 2nd ST, a 0-bedroom home with 20,521 square feet of living space, is listed for $8,280,000. The surrounding market reflects strong demand for properties in this price segment.
0-Bedroom Homes for Sale in San Jose 95112
Browse 0-bedroom home listings in the CentralSanJose area of San Jose. Properties in 95112 are currently averaging $834 per square foot with 36 days on market.
What to Expect When Buying in CentralSanJose
The CentralSanJose market in San Jose features a mix of home properties ranging from starter homes to luxury estates. Current inventory levels suggest moderate conditions for buyers in this area.
Recently Sold in San Jose
No recent sold comps found in this segment.
For Homeowners
Your neighbors are selling. Should you?
In the past 90 days, 517 homes sold in San Jose at an average of $1,199,000. The average sale closed at 103.5% of asking price.
Listed at $8,280,000 ($403/sqft). San Jose avg is $834/sqft, placing this 51.6% below. Comparable recent sales help frame the value.
Listed 63 days (as of March 13, 2026). San Jose average is 36 days.
Est. $51,850/mo with 20% down ($1,656,000) at 6.75%. Includes principal & interest ($42,963), property tax ($8,625), and insurance ($262). HOA: None.
There are 1000 active listings in San Jose (0 are 0-bedroom). At $8,280,000 this is positioned against the city median of $1,199,000. Similar homes have sold at 103.5% of asking.
0-bedroom homes in San Jose (95112) are currently averaging $834 per square foot. Market activity shows homes spending an average of 36 days on market in this area.
555 S 2nd ST in San Jose is currently listed at $8,280,000. This 0-bedroom, 0-bathroom home is located in the CentralSanJose area.
The data relating to real estate for sale on this display comes in part from the Internet Data Exchange program of the MLSListings MLS system. Real estate listings held by brokerage firms other than Aegis Luxury Real Estate are marked with the Internet Data Exchange icon (a stylized house) and detailed information about them includes the names of the listing brokers and listing agents.
Based on information from the MLSListings MLS as of the date shown. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
These statistics are generated using information from the MLSListings Inc. multiple listing service, but have not been verified and are not guaranteed. MLSListings Inc. disclaims any responsibility for the accuracy and reliability of these statistics. This information should not be relied upon for real estate transaction decisions.
Data updated every 15 minutes. Visit www.MLSListings.com for more information.
Information provided is for general informational purposes only. Equal Housing Opportunity. If you are currently working with a real estate agent, this is not intended as a solicitation.
Timothy Alston, Broker, DRE# 01328224, Aegis Luxury Real Estate, 10080 N. Wolfe Rd Ste SW3-200, Cupertino, CA 95014. (408) 207-4593.
Last updated: May 15, 2026 at 1:26 PM PT | Data reflects May 2026 MLS statistics
Aegis Luxury Real Estate
Timothy Alston · Broker · DRE #01328224 10080 N. Wolfe Rd, Ste SW3-200 · Cupertino, CA 95014 (408) 207-4593 · Timothy@AegisHomesRE.com
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