Millman Team Real Estate

$11,000,000
0.87 Acre Lot

523 N 2nd Street, San Jose, California 95112

  • Commercial Sale Property Type
  • 1948 Year Built
Property Description

First Street Manor is an exceptional 39-unit apartment community located at 523-530 N First St in the thriving city of San Jose, California. Situated on 0.87 acre parcel of land, the subject property was originally constructed in 1948 and has a gross building area of approximately 18,320 total square feet, offering its tenants beautifully designed two-bedroom, one-bedroom, and studio floor plans. Residents at First Street Manor enjoy multiple convenient community amenities including an on-site laundry facility, private covered parking, secured gated perimeter and a secluded community courtyard area. The subject property has also recently undergone extensive capital improvements such as a new roof installed in 2024, complete interior renovations for all units, and dual-pane windows throughout. First Street Manor sits near Downtown San Jose and is within walking distance to 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.

Basic Details
Commercial Sale
For Sale
ML82015189
$11,000,000
1948
0.87 Acre
Active
: Shingle
Features
: Wall Furnace
: None
22.0
$0
Address Map
CA
Santa Clara
San Jose
95112
2nd
523
Street
W122° 6' 12.3''
N37° 20' 44.8''
699 - Not Defined
N
R3
Neighborhood
San Jose Unified
Additional Information
$0
$0
$0
$0
$0
18305
2025-07-18
: Public
Broker/Agent Information
Marcus & Millichap
Cole Simpson
Financial
145168.0
Listing Information
Robert Johnston
ML482270
ML88226
Marcus & Millichap
ML5073977
ML88226
Active
2025-11-08T05:15:14Z
CRMLS
: Standard
2025-07-18T05:01:26Z
Agent info
Ray Millman
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