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
20
$3,250,000
$3,400,000
4.4%
Est.Price: ?

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3 BD
2 BA
7,776 SqFt

231 E San Fernando ST San Jose, CA 95112

Est. payment /mo
SOLD DATE : 07/23/2024

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Key Details

Sold Price $3,250,000

Property Type Commercial

Sub Type Five or More Units

Listing Status Sold

Purchase Type For Sale

Square Footage 7,776 sqft

Price per Sqft $417

MLS Listing ID ML81962730

Sold Date 07/23/24

Bedrooms 3

Full Baths 2

Year Built 1960

Lot Size 6,534 Sqft

Property Sub-Type Five or More Units

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 Central San Jose

Zoning RM

Interior

Heating Wall Furnace

Cooling None

Exterior

Parking Features Covered Parking, On Street, Uncovered Parking

Utilities Available Public Utilities

Roof Type Flat / Low Pitch

Building

Foundation Concrete Perimeter

Sewer Sewer - Public

Water Public

Others

Restrictions None

Tax ID 467-24-008

Security Features None

Special Listing Condition Not Applicable

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MLSListings Inc. (MLSListings)
Listed by Joel Hopman • Newmark Cornish & Carey
Bought with Huan Fang • Suen, Peter

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agent

Ramsin Jacob

Broker | Developer | Investor | NBA Player Agent | License ID: 02003060

+1(408) 909-0900

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