55 S 6th Street San Jose, CA $ 12,500,000
55 S 6th Street
$ 12,500,000
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55 S 6th Street

San Jose, CA, 95112
$ 12,500,000
Bedrooms4 Baths0.0 Sq 33,430

Monthly Estimate*

$ 83,079

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Commercial Property for sale in San Jose, CA

for $12,500,000 with 4 bedrooms. This 33,430 square foot building was built in 1929 on a lot size of 0.719995.

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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Commercial Active

Price

$ 12,500,000

Bedrooms

4

Property Type

Commercial

Taxes

$ 0

Style

Lot Size

0.719995

Year Built

1929

Town/City

San Jose

County/Region

Santa Clara

MLS | Web ID

ML81962729

Features
General
Sewer Public Sewer
Heating Wall Furnace
Cooling None
Roof Rolled/Hot Mop
Appliances Refrigerator
Zoning R4
Year Built 1929
Property SubType Other
County Santa Clara
Property Type Commercial Sale
HOA / Comm Assn Y
Garage Y/N No
Status Active
City San Jose
MLS Area Listing
Lot Size Square Feet 31363
Street Name 6th Street
Standard Status Active
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Exterior
Parking Features Covered Parking Lot
Water Source Public
Lot Size Area 31363.2
Lot Size Acres 0.72
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Interior
Air Conditioning Y/N No
Heating Y/N Yes
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* Excluded Features
List By
Joel Hopman

Listing Agent

Newmark Cornish & Carey

Broker

joel.hopman@nmrk.com

Email

Affordability Calculator

$83,079
Per Month
100%
0%
0%
Monthly Principal & Interest
$83,079
Monthly Property Taxes
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Monthly Home Insurance
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Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
806588 Elementary School
806593 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
4/24/2024$12,500,000 Listed Price

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55 S 6th Street, San Jose, CA, 95112 is a Commercial Property for sale at $12,500,000 with 33,430 sqft and a lot size of 0.719995. 55 S 6th Street has 4 bedrooms, 0.0 baths, and was built in 1929. The property's zip code is 95112 which is in San Jose, CA