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55 S 6th St San Jose, CA, 95112
$12,500,000 Commercial for sale Other
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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Property details
33,430 sqft interior area
Land area
31,363 sqft (0.72 acres)
Days on Verhouse
21
Address
55 S 6th St, San Jose, CA, 95112
City of California
San Jose
County
Santa Clara
Year Built
1929
District
Listing
Nearby major retailers
Costco
Costco #129
Costco Tire Center
7-Eleven
Walgreens
Verizon Wireless
Chevron
Rite Aid
O'Reilly Auto Parts
AutoZone
Shell
MetroPCS
Public Storage
See's Candies
Dollar Tree
CVS Pharmacy
Gucci
Ross
Walmart Neighborhood Market
Apple Store
Marshalls
GNC
GameStop
Supercuts
T-Mobile
AT&T
Nordstrom
Walmart Supercenter
Safeway
The Home Depot
Staples
Kohl's
Crate & Barrel
Jiffy Lube
Lowe's
Whole Foods Market
Trader Joe's
Trader Joe’s San Jose Coleman Avenue
Jamba Juice
Pet Food Express
Sears
Macy's
JCPenney
Ace Hardware
Dish Network
Bloomingdale's
Wholesale: 3
Tyres: 1
Convenience: 52
Chemist: 17
Mobile phone: 33
Car parts: 15
Storage rental: 5
Confectionery: 4
Variety store: 4
Jewelry: 1
Department store: 16
Supermarket: 12
Electronics: 2
Nutrition supplements: 3
Video games: 3
Hairdresser: 6
Do it yourself: 7
Stationery: 2
Car repair: 1
Beverages: 2
Pet: 1
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Interior Features
—
Roof
Composition
Garage & Parking
Covered, Parking Lot
Appliances
Refrigerator
Listed by
Joel Hopman, Newmark Cornish & Carey
Name
Joel Hopman
License number
01934574
Brokerage company
Newmark Cornish & Carey
MLS #
ML81962729
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Calculate your monthly payments
Mortgage
$38,378
Taxes
$0
HOA dues
$0
Mortgage
$2,500,000 / 20%
2.28%
30 years
Your amount
$38,378 / month
Lot details
TMK #46724116
Parcel nr.
46724116
95112 info
Essentials nearby
Neighborhood stats
Walkability
Coffee shops
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no data
Bus stop
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no data
Supermarket
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no data
Costco
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no data
Hospital
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no data
Park
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no data
Beach
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no data
Elementary school
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no data
Middle school
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no data
High school
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no data
Local airport
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no data
People living in 95112
45%
Families with children
National average: 39%
38%
Non family households
423,334
Population
$118,647
Average Income
Age & gender
Median age 34 years
More info
Commute types
82% commute by car
More info
Education level
22% have bachelor education
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Number of employees
2% work in management
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Vehicles available
35% have 1 vehicle
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Vehicles by gender
35% have 1 vehicle
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Housing market insights for
$1.19m
Neighborhood average
sales price*
sales price*
$1.06m
Neighborhood median
sales price*
sales price*
574
Number
of sales*
of sales*
Housing type
39% are single detacheds
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Rooms
35% of the houses have 4 or 5 rooms
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Bedrooms
55% have 2 or 3 bedrooms
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Owners vs Renters
57% are renters
More info
15.33 / 20
Most Walkable
►
15-20
Most Walkable
10-15
Above Average
5-10
Below Average
1-5
Least Walkable
Walkability according to the National Walkability Index
Price history
New Listing Apr 24, 2024
| Date | Event | Price | $/sqft | Source |
|---|---|---|---|---|
| Apr 24, 2024 | New Listing | $12,500,000 | 0 | MLS #ML81962729 |
Taxes of 55 S 6th St, San Jose, CA, 95112
R4 zoning / MLS #ML81962729
Zoning
R4
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Frequently Asked Questions about 55 S 6th St
What is 55 S 6th St?
55 S 6th St is a Commercial/Industrial propertywith 33,430 sqft interior space.
What is the rental income?
-
What is the full address of this Commercial?
55 S 6th St, San Jose, CA, 95112.
What comparable properties are nearby?
Comparable nearby commercial properties include 568 N 1st St, 200 N Bascom, 1724 Dry Creek Rd, 5302 Monterey Hwy, 00 Mines Rd, 695 E Taylor Ave.
Based on information from the bridgeMLS as of 05-14-2024. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Listing last updated on: Apr 30, 2024
Verhouse Last checked 1 minute ago
The closest grocery stores are Grocery Outlet, 0.07 miles away and Cardenas, 0.48 miles away.
The 95112 zip area has a population of 423,334, and 45% of the families have children. The median age is 34.37 years and 82% commute by car. The most popular housing type is "single detached" and 57% is renter.
