55 S 6th St, SAN JOSE, CA

$12,500,000

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33,430

Square feet

0.72

Acres

About 55 S 6th St

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.

Features of 55 S 6th St

MLS® # ML81962729
Price $12,500,000
Square Footage 33,430
Acres 0.72
Year Built 1929
Type Multi-Residential
Sub-Type Five or More Units
Status Active

Community Information

Address 55 S 6th St
Area Central San Jose
City SAN JOSE
County Santa Clara
State CA
Zip Code 95112

Amenities

Utilities Public Utilities
Parking Spaces 33
Is Waterfront No

Interior

Heating Wall Furnace
Cooling No Cooling
Fireplace No

Exterior

Roof Aluminum Over Tar, Rolled Composition
Foundation Concrete Perimeter

Additional Information

Zoning R4
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

AgentJoel Hopman
OfficeNewmark Cornish & Carey
Contact Info415-722-2200

Listing Map

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