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231 E San Fernando Street, San Jose, CA 95112

Commercial property

231 E San Fernando Street, San Jose, CA 95112 Sold July 2024 CRMLS
$3,250,000Sold July 2024

Listing Agent: Joel Hopman (DRE #01934574) · Listing Office: Newmark Cornish & Carey · Contact: (408) 727-9600 · Bought with: Huan Fang · MLS #ML81962730 · Source: CRMLS

7,776
Building Sq Ft
6,534 sqft
Lot Size
1960
Year Built
RM
Zoning
Commercial property
Type

About this commercial property

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.

Listing description from the July 2024 sale, as reported to CRMLS.

Sale history

$3,250,000
Sold July 2024 · listed $3,400,000, on market April 2024 · MLS #ML81962730 · Source: CRMLS
Listing Agent: Joel Hopman · Listing Office: Newmark Cornish & Carey · Contact: (408) 727-9600 · Bought with: Huan Fang
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