Active

55 S 6th Street

San Jose CA, 95112

$12,500,000


$373.92 per sqft

Active

33,430 sqft

Other

Built in 1929

First time to the market in decades, the Westwood Portfolio represents an investor the rare opportunity to acquire well maintained assets with strong financial performance directly next to San Jose State University. Six of the properties are situated on one city block, with five of the parcels sharing a property line. 55 S. 6th Street is a gorgeous Spanish Revival style 46 unit asset. The property features (19) oversized studios, (1) 1+1 bath cottage, (25) large 1+1 apartments and (1) 3+2 unit and a leasing office. This parcel could be combined with the other two contiguous parcels on S. 6th to form assemblage of nearly an acre which may have development potential. The Westwood Portfolio's exceptional Downtown San Jose location provides tenants immediate access to a wide variety of employment options, higher education institutions, and multitude of amenities and recreation options. Investors should benefit from solid fundamentals for years to come. Can be purchased individually or in combination with 97 S. 6th St., 85 S. 6th St., 231 E. San Fernando St., 59 S. 5th St., 92 S. 5th St., 84 S. 5th St.

ML81962729

MLS ID

April 24, 2024

Listed

April 30, 2024

Updated

Map

55 S 6th Street
San Jose CA, 95112

Interior Features

Appliances

Refrigerator


Fireplace

No


Cooling

No


Cooling Description

None


Heating

Yes


Heating Description

Wall Furnace

Exterior/Building Features

Lot Size

0.72 Acres


Roof

Composition


Sewer

Public Sewer

Other Property Details

Area Name

San Jose


Garage

No


Parking

Covered, Parking Lot


View

No


County

Santa Clara


Water Source

Public


Pool

No


Zoning

R4


Buyer Agency Compensation

1.5%

Listed by Joel Hopman with Newmark Cornish & Carey
Listing Contact: 415-722-2200 

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