499 S Fifth Street
Prime Turnkey Investment –
Spacious 7 Bedrooms, plus Bonus Room Craftsman Just One Block from SJSU!
7 Bedrooms, plus Bonus Room | 4.5 Baths
2,048 SF | 4,103 SF Lot
This spacious 1912 Craftsman home is a turnkey investment opportunity in a prime college rental market. Currently operating as an income-producing property, it offers 7 Bedrooms plus bonus room, four and a half baths, and dedicated parking for up to five cars—a rare find in this highly desirable location.
Situated one block from San Jose State University, this property is in the heart of student housing demand. It’s also just minutes from the SOFA District, San Pedro Square, and Google’s proposed Diridon Station complex, ensuring strong long-term investment potential.
The main level features a large living room, separate dining area, kitchen, indoor laundry, full bath, and a primary bedroom with an en-suite bath. The second level includes another primary bedroom with a private bath and patio access, a bedroom with an en-suite half bath, plus three additional bedrooms and shared bathrooms—perfect for maximizing rental income.
Additional features include a basement with two storage rooms and crawlspace access, ideal for extra storage or tenant use. With its unbeatable location and established rental history, this property is an excellent investment for any rental portfolio.
Offered at $1,598,000
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Life + Leisure
San Jose · California
Vibrant Opportunities in the Heart of San Jose: SJSU and SoFA DistrictLocated in the thriving city of San Jose, California, the neighborhoods surrounding San Jose State University (SJSU) and the SoFA District offer a unique blend of academic excellence, cultural vibrancy, and investment potential. This dynamic area is perfect for both investors seeking to capitalize on the growing demand for housing and college students looking for an exciting and enriching living experience.
For Investors
Growing Demand for Housing: San Jose State University's high enrollment and limited on-campus housing create a strong demand for off-campus accommodations. This presents a lucrative opportunity for investors to develop or purchase properties that cater to students and young professionals.
Thriving Arts and Cultural Scene: The SoFA District is renowned for its eclectic mix of art galleries, theaters, and cultural events, attracting a diverse and creative community. This vibrant atmosphere enhances property values and rental appeal.
Strategic Location: The area benefits from proximity to Silicon Valley's tech hubs, making it an attractive location for professionals and entrepreneurs. The planned BART extension will further enhance connectivity and accessibility.
For College Students
Academic Hub: SJSU is a leading institution in Silicon Valley, offering students a top-notch education and opportunities for internships and career advancement. The campus is surrounded by a lively neighborhood with a high concentration of students, fostering a strong sense of community.
Cultural and Entertainment Options: The SoFA District provides endless opportunities for cultural exploration, with its numerous art galleries, live music venues, and eclectic dining options. Events like the South First Fridays Art Walk and the SubZERO Festival ensure there's always something new to experience.
Convenience and Safety: The area is highly walkable, with many amenities and services within easy reach. It also boasts an above-average safety rating, providing peace of mind for students and their families.
Why Invest and Live Here?
Dynamic Community: The neighborhood is a melting pot of students, artists, and professionals, creating a diverse and inclusive environment.
Growth Potential: With ongoing developments and infrastructure improvements, the area is poised for continued growth and increased property values.
Quality of Life: Enjoy the best of urban living with access to parks, cultural events, and a thriving downtown scene.
Whether you're an investor looking to capitalize on the growing demand for housing or a college student seeking an exciting and enriching living experience, the SJSU and SoFA District neighborhoods offer a unique opportunity to be part of a vibrant and dynamic community.
