59 S 5th St | San Jose, CA 95112
This feature is unavailable at the moment.
We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.
Please check back in a few minutes. We apologize for the inconvenience.
- LoopNet Team
thank you
Your email has been sent!
59 S 5th St
San Jose, CA 95112
Multifamily Property For Sale · 10 Units
Executive Summary
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. 59 South 5th Street is an impressive Colonial Revival style property that boasts (8) studios and (8) 1 bedroom / 1 bathroom units. The property features expansive interior hallways with skylights. Can be purchased individually or in combination with 55 S. 6th St., 85 S. 6th St. 97 S. 6th St., 92 S. 5th St., 231 E. San Fernando St., 84 S. 5th St.
PROPERTY FACTS
Price Per Unit | $577,492 CAD | Building Class | C |
Sale Type | Investment | Lot Size | 0.22 AC |
Cap Rate | 4.39% | Building Size | 11,190 SF |
Gross Rent Multiplier | 11.93 | No. Stories | 2 |
No. Units | 10 | Year Built | 1922 |
Property Type | Multifamily | Parking Ratio | 0.89/1,000 SF |
Property Subtype | Apartment | Opportunity Zone |
Yes
|
Apartment Style | Low Rise |
Price Per Unit | $577,492 CAD |
Sale Type | Investment |
Cap Rate | 4.39% |
Gross Rent Multiplier | 11.93 |
No. Units | 10 |
Property Type | Multifamily |
Property Subtype | Apartment |
Apartment Style | Low Rise |
Building Class | C |
Lot Size | 0.22 AC |
Building Size | 11,190 SF |
No. Stories | 2 |
Year Built | 1922 |
Parking Ratio | 0.89/1,000 SF |
Opportunity Zone |
Yes |
Unit Amenities
- Kitchen
- Tub/Shower
PROPERTY TAXES
Parcel Number | 467-23-023 | Improvements Assessment | $524,403 CAD |
Land Assessment | $206,559 CAD | Total Assessment | $730,962 CAD |
PROPERTY TAXES
Parcel Number
467-23-023
Land Assessment
$206,559 CAD
Improvements Assessment
$524,403 CAD
Total Assessment
$730,962 CAD
zoning
Zoning Code | R4 |
R4 |
1 of 45
VIDEOS
3D TOUR
PHOTOS
STREET VIEW
STREET
MAP