55 S 6th ST, San Jose, CA 95112
- $12,500,000
- 33,430
- SqFt
- List Price
- $12,500,000
- MLS#
- ML81962729
- Status
- ACTIVE
- Property Type
- com
- Sqft. of Residence
- 33,430
- Lot Size
- 31,363
- Listing Area
- Central San Jose
- Year Built
- 1929
Property Description
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.
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Additional Information
- Acres
- 0.72
- Age
- 95
- Cooling System
- None
- Foundation
- Concrete Perimeter
- Garage Parking
- Covered Parking, On Street, Parking Area
- Heating System
- Wall Furnace
- Living Area
- 33,430
- Lot Size
- 31,363
- Neighborhood
- Central San Jose
- Other Utilities
- Public Utilities
- Roof
- Aluminum Over Tar, Rolled Composition
- Sewer
- Sewer - Public
- Special Features
- None
- Unincorporated Yn
- Yes
- Zoning
- R4
Mortgage Calculator
Listing courtesy of Joel Hopman from Newmark Cornish & Carey. 415-722-2200
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