Active

231 E San Fernando Street

San Jose CA, 95112

$3,400,000


$437.24 per sqft

Active

7,776 sqft

Other

Built in 1960

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. 231 East San Fernando Street is a traditional 1960s apartment building with a unit mix of (11) 1 bedroom / 1 bathroom units and (1) 2 bedroom/ 1 bathroom unit. The property lies directly across the street from San Jose State University. Can be purchased individually or in combination with 55 S. 6th St., 85 S. 6th St. 97 S. 6th St., 59 S. 5th St., 92 S. 5th St., 84 S. 5th St. 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.

ML81962730

MLS ID

April 24, 2024

Listed

April 30, 2024

Updated

Map

231 E San Fernando Street
San Jose CA, 95112

Interior Features

Fireplace

No


Cooling

No


Cooling Description

None


Heating

Yes


Heating Description

Wall Furnace

Exterior/Building Features

Lot Size

0.15 Acres


Sewer

Public Sewer

Other Property Details

Area Name

San Jose


Garage

No


Parking

Covered


View

No


County

Santa Clara


Water Source

Public


Pool

No


Zoning

RM


Buyer Agency Compensation

2%

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

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