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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