Green single-story apartment building behind a black metal driveway gate, shaded by mature trees.

The 2nd Street LLC Acquires 39-Unit First Street Manor in San Jose for $9.1MM

  • The Registry
  • September 29, 2026

As featured in The Registry - September 29, 2026

A San Jose-based investor paid $9.112 million for a 78-year-old apartment building a block from the Japantown light rail stop, betting that value-add upside and one of the country's tightest rental markets can outweigh borrowing costs that have kept many mid-sized multifamily buyers on the sidelines.

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