San Jose, CA 95112,231 E San Fernando ST
San Jose, CA 95112,231 E San Fernando ST
San Jose, CA 95112,231 E San Fernando ST
San Jose, CA 95112,231 E San Fernando ST
San Jose, CA 95112,231 E San Fernando ST
San Jose, CA 95112,231 E San Fernando ST
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$3,250,000

$3,400,000

4.4%
Est.Price: ?

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Est. payment /mo

6,534 Sqft Lot


SOLD DATE : 07/23/2024

Key Details

Sold Price $3,250,000

Property Type Commercial

Listing Status Sold

Purchase Type For Sale

MLS Listing ID ML81962730

Sold Date 07/23/24

HOA Y/N No

Year Built 1960

Annual Tax Amount $44,795

Lot Size 6,534 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. 231 East San Fernando Street is a traditional 1960s apartment building with a unit mix of (11) 1 bedroom / 1 bathroom units and (1) 2 bedroom/ 1 bathroom unit. The property lies directly across the street from San Jose State University. Can be purchased individually or in combination with 55 S. 6th St., 85 S. 6th St. 97 S. 6th St., 59 S. 5th St., 92 S. 5th St., 84 S. 5th St. 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.

Location

State CA

County Santa Clara

Area 699 - Not Defined

Zoning RM

Interior

Heating Wall Furnace

Cooling None

Fireplace No

Exterior

Carport Spaces 6

Roof Type Flat

Total Parking Spaces 4

Building

Water Public

Schools

School District San Jose Unified

Others

Tax ID 46724008

Financing Cash

Special Listing Condition Standard

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California Regional MLS (CRMLS)
Listed by Joel Hopman • Newmark Cornish & Carey
Bought with Huan Fang
agent-avatar

michelle@michellehomesellingteam.com

515 S Myrtle Ave, Monrovia, CA, 91016, USA

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