- Centrally Located San Jose Investment Opportunity - Investors have the
- opportunity to acquire a well-situated investment in one of the most dynamic
- and desirable locations in the South Bay.
- Fully SB 721 Compliant as of 2026 – Ownership has completed all required
- structural improvements, bringing the subject property into full compliance with
- California's SB 721 requirements as of 2026.
- Upgraded Unit Interiors - The unit interiors have been enhanced with dual-pane
- windows, upgraded electrical panels, and individual water heaters, while select
- residences feature vinyl plank flooring, granite countertops, and stainless steel
- appliances, providing a modern and attractive living experience.
- Desirable Unit Mix – 1451 N 1st St offers renters beautifully designed large twobedroom, one-bedroom, and studio floor plans.
- Quick Access Around the Bay Area – 1451 N 1st St offers tenants and residents
- convenient access to I-280 and other major transportation routes providing easy
- access to prestigious educational institutions, major employers, and the various
- lifestyle amenities offered in the Bay Area.
Property Description
1451 N 1st St is a centrally located 5-unit multifamily investment opportunity in the
prosperous city of San Jose, California.
Situated on a parcel of land totaling 5,522 square feet, the subject property was originally
constructed in 1953 and features a gross building area of approximately 3,175 square
feet, offering tenants beautifully designed two-bedroom, one-bedroom, and studio floor
plans. The unit interiors have been updated with dual pane windows, upgraded electrical
panels and individual water heaters. Select units feature vinyl plank flooring, granite
countertops and stainless steel appliances. Additionally, tenants enjoy convenient
community amenities such as private covered carport parking and an on-site laundry
facility.
1451 N 1st St sits near Downtown San Jose and the Target anchored San Jose Market
Center, both being home to a myriad of dining, shopping, and entertainment options. The
subject property also boasts convenient access to the San Jose Mineta International
Airport (SJC). SJC is one of the busiest airports in all of Northern California serving
millions of passengers every year to both domestic and international destinations.
Additionally, the subject property is located near San Jose State University and the
historic Santa Clara University, ranked 54th nationally for undergrad and 11th nationally
for the executive MBA program based on US News & World Report Rankings. The
community also benefits from its proximity to some of San Jose’s largest employers such
as the Santa Clara County Medical Center, Adobe, PwC, Deloitte, Cisco, among many
other multinational enterprises.
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 Silicon Valley,
1451 N 1st St presents an attractive choice for South Bay renters due to its close
proximity to major employers, transportation corridors, shopping, dining, and
entertainment options.