55 South 6th Street
55 South 6th Street
$12,500,000
—
33,430
33,430
$374
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...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.
- Listed by Joel Hopman • DRE #01934574 • Brokerage DRE #00586119 • Newmark Cornish & Carey • 415-722-2200
- Listed by Steve Zirelli • DRE #01929245 • Brokerage DRE #00586119 • Cornish & Carey Commercial
Property Details for 55 South 6th Street
MLS City Name
SAN JOSE
Building TypeOther
Garage Spaces0
Parking Spaces33
Location
LISTING UPDATED: 04/29/2024 12:04 PM
Property Details for 55 South 6th Street
Status | Active |
---|---|
MLS # | ML81962729 |
Days on Compass | 47 |
Taxes | $163,512 / year |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Multi Family |
MLS Type | 5+ Units / Five or More Units |
Year Built | 1929 |
Lot Size | 0.72 AC / 31,363 SF |
County | Santa Clara County |
Location
Building Information for 55 South 6th Street
Stories-Residences-Year Built1929Building Size-Lot Size0.72 AC / 31,363 SF
Payment Calculator
$81,844 per month
The Payment Calculator is for illustrative purposes only.
Property Information for 55 South 6th Street
Property History for 55 South 6th Street
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 55 South 6th Street
Taxable ValueLand$359,521Additions$1,275,455Total$1,634,976
Home Facts
Total Finished SqFt33,430 SqFtAbove Grade Finished SqFt33,430 SqFtStories3Lot Size31,227 SqFtStyleMulti-Family Res (5+ Units)Year Built1929ZoningR4CountySANTA CLARAAPN467-24-116Fireplace TypeHas Fireplace
Schools near 55 South 6th Street
This home is within San Jose Unified School District.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | K to 5 | |||
Public - | 6 to 8 | |||
Public - | 9 to 12 | |||
Charter - | 5 to 8 |
Rating | School | Distance |
---|---|---|
Horace Mann Elementary School PublicK to 5 | ||
Herbert Hoover Middle School Public6 to 8 | ||
Abraham Lincoln High School Public9 to 12 | ||
Ace Inspire Academy Charter5 to 8 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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