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Multifamily

460 S 6th St

460 S Sixth St, San Jose, CA 95112

Listing Price: $2,450,000

Cap Rate
5.11%
GRM
12.82

Investment Overview

460 S 6th St is an exceptional 8-unit apartment community located in the prosperous city
of San Jose, California.
Situated on a parcel of land totaling 6,892 square feet, the subject property was originally
constructed in 1926 and features a gross building area of approximately 5,152 square
feet, offering tenants and residents 100% beautifully designed one-bedroom floor plans.
Additionally, tenants enjoy convenient community amenities such as private covered
parking and an on-site laundry facility.
460 S 6th St sits near Downtown San Jose and is within walking distance to the Target
anchored San Jose Market Center, both being home to a myriad of dining, shopping, and
entertainment options. The subject property also boasts convenient access to the San
Jose Mineta International Airport (SJC). SJC is one of the busiest airports in all of
Northern California serving millions of passengers every year to both domestic and
international destinations.
Additionally, the subject property is located near San Jose State University and the
historic Santa Clara University, ranked 54th nationally for undergrad and 11th nationally
for the executive MBA program based on US News & World Report Rankings. The
community also benefits from its proximity to some of San Jose’s largest employers such
as the Santa Clara County Medical Center, Adobe, PwC, Deloitte, Cisco, among many
other multinational enterprises.
The investment appeal of this asset is driven by San Jose’s strong employment
fundamentals and low vacancy levels. With a world-class location in the Silicon Valley,
460 S 6th St presents an attractive choice for South Bay renters due to its close proximity
to major employers, transportation corridors, shopping, dining, and entertainment
options

Investment Highlights

  • Exceptional San Jose Investment Opportunity - Investors have the opportunity to acquire an exceptional investment in one of the most dynamic and desirable locations in the South Bay.
  • Potential Seller Financing Available - Seller is offering to carry part or all of the financing terms.
  • Convenient Community Amenities - 460 S 6th St features convenient community amenities such as private covered parking and an on-site laundry facility.
  • Strong Renter's Market - The subject property benefits from its close proximity to San Jose State University and Downtown San Jose, creating a strong demand and high prices for rental rates.
  • Quick Access Around the Bay Area – 460 S 6th St offers tenants and residents convenient access to I-280 and other major transportation routes providing easy access to prestigious educational institutions, major employers, and the various lifestyle amenities offered in the Bay Area.

Exclusively Listed By

Multifamily

460 S 6th St

Investment Highlights

  • Exceptional San Jose Investment Opportunity - Investors have the opportunity to acquire an exceptional investment in one of the most dynamic and desirable locations in the South Bay.
  • Potential Seller Financing Available - Seller is offering to carry part or all of the financing terms.
  • Convenient Community Amenities - 460 S 6th St features convenient community amenities such as private covered parking and an on-site laundry facility.
  • Strong Renter's Market - The subject property benefits from its close proximity to San Jose State University and Downtown San Jose, creating a strong demand and high prices for rental rates.
  • Quick Access Around the Bay Area – 460 S 6th St offers tenants and residents convenient access to I-280 and other major transportation routes providing easy access to prestigious educational institutions, major employers, and the various lifestyle amenities offered in the Bay Area.

Investment Overview

460 S 6th St is an exceptional 8-unit apartment community located in the prosperous city of San Jose, California. Situated on a parcel of land totaling 6,892 square feet, the subject property was originally constructed in 1926 and features a gross building area of approximately 5,152 square feet, offering tenants and residents 100% beautifully designed one-bedroom floor plans. Additionally, tenants enjoy convenient community amenities such as private covered parking and an on-site laundry facility. 460 S 6th St sits near Downtown San Jose and is within walking distance to the Target anchored San Jose Market Center, both being home to a myriad of dining, shopping, and entertainment options. The subject property also boasts convenient access to the San Jose Mineta International Airport (SJC). SJC is one of the busiest airports in all of Northern California serving millions of passengers every year to both domestic and international destinations. Additionally, the subject property is located near San Jose State University and the historic Santa Clara University, ranked 54th nationally for undergrad and 11th nationally for the executive MBA program based on US News & World Report Rankings. The community also benefits from its proximity to some of San Jose’s largest employers such as the Santa Clara County Medical Center, Adobe, PwC, Deloitte, Cisco, among many other multinational enterprises. The investment appeal of this asset is driven by San Jose’s strong employment fundamentals and low vacancy levels. With a world-class location in the Silicon Valley, 460 S 6th St presents an attractive choice for South Bay renters due to its close proximity to major employers, transportation corridors, shopping, dining, and entertainment options

Exclusively Listed By

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