$1,465,000
$1,500,000
2.3%For more information regarding the value of a property, please contact us for a free consultation.
3,484 Sqft Lot
SOLD DATE : 07/10/2024
Key Details
Sold Price $1,465,000
Property Type Commercial
Listing Status Sold
Purchase Type For Sale
MLS Listing ID ML81962728
Sold Date 07/10/24
HOA Y/N No
Year Built 1930
Annual Tax Amount $20,279
Lot Size 3,484 Sqft
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. Built in 1930, 85 S. 6th Street is a quaint 6-unit property consisting of (4) Studios and (2) 1+1 units. The inviting exterior and ornate details of the common areas and units show the ornate detail of the original Spanish Revival architecture. The Westwood Portfolios 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 55 S. 6th St., 97 S. 6th St., 92 S. 5th St., 231 E. San Fernando St., 84 S. 5th St. and 55 S. 6th St.
Location
State CA
County Santa Clara
Area 699 - Not Defined
Zoning RM
Interior
Heating Wall Furnace
Cooling None
Fireplace No
Exterior
Roof Type Composition
Building
Water Public
Schools
School District San Jose Unified
Others
Tax ID 46724005
Financing Conventional
Special Listing Condition Standard
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Bought with Joel Hopman • Newmark Cornish & Carey
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