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Veridian on 4th 2 Multifamily Properties Offered at $8,675,660 CAD in San Jose, CA
Investment Highlights
- Prime location across the street from San Jose State University
- Strong Demand Drivers Supported by SJSU and Silicon Valley employment
- Individually metered utilities (water, gas, electric)
- Prime Urban Setting near SJSU, Downtown San Jose & San Pedro Square
Executive Summary
Veridian on 4th is a 19 unit apartment community located directly across the street from San Jose State University, offering a premier downtown San Jose location with direct access to a strong and consistent tenant base. The property features a desirable unit mix of eighteen 2 bedroom units and one studio, along with individually metered water, electric, and gas, providing a desirable operational advantage and reduced landlord expenses. The units offer functional layouts that appeal to students, roommates, and young professionals, supporting steady rental demand.
Located directly across from San Jose State University, residents benefit from immediate proximity to campus and a highly walkable lifestyle within approximately 0.5 miles of Downtown San Jose and San Pedro Square, with access to dining, retail, and entertainment. The property is also close to Diridon Station, providing connectivity to Caltrain, ACE, and future BART service.
Supported by SJSU and Silicon Valley employment, the property is well positioned for long term rental demand. A marketing package is available upon request.
Located directly across from San Jose State University, residents benefit from immediate proximity to campus and a highly walkable lifestyle within approximately 0.5 miles of Downtown San Jose and San Pedro Square, with access to dining, retail, and entertainment. The property is also close to Diridon Station, providing connectivity to Caltrain, ACE, and future BART service.
Supported by SJSU and Silicon Valley employment, the property is well positioned for long term rental demand. A marketing package is available upon request.
Property Facts
| Price | $8,675,660 CAD | Number of Properties | 2 |
| Price / SF | $364.68 CAD / SF | Individually For Sale | 0 |
| Cap Rate | 5.10% | Total Building Size | 23,790 SF |
| Sale Type | Investment | Total Land Area | 0.54 AC |
| Status | Active |
| Price | $8,675,660 CAD |
| Price / SF | $364.68 CAD / SF |
| Cap Rate | 5.10% |
| Sale Type | Investment |
| Status | Active |
| Number of Properties | 2 |
| Individually For Sale | 0 |
| Total Building Size | 23,790 SF |
| Total Land Area | 0.54 AC |
Properties
| Property Name / Address | Property Type | Size | Year Built | Individual Price |
|---|---|---|---|---|
| 402 S 4th St, San Jose, CA 95112 | Multifamily | 14,092 SF | 1960 | - |
| 414-420 S 4th St, San Jose, CA 95112 | Multifamily | 9,698 SF | 1957 | - |
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Veridian on 4th
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