45 Cleveland Ave, San Jose, CA 95128

$1,788,000
3,492
SqFt
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Listing courtesy of Scott Nguyen from MOSO Real Estate. 714-386-0357

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List Price
$1,788,000
Status
ACTIVE
Days on Market
28
MLS#
41145196
Subtype
Residential Income
Year Built
1959
Living Area
3,492
Lot Size
5,625
Acres
0.13
Subdivision
Other
Neighborhood
Other
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800-930-5101

Property Description

Fantastic multifamily investment opportunity in a desirable unincorporated Santa Clara County location, offering flexibility outside the City of San Jose's Apartment Rent Ordinance. Ideally situated less than a mile from Santana Row and Westfield Valley Fair, with easy access to Downtown San Jose, major freeways, and top Silicon Valley employers. This well-located 4-unit building features a classic, consistent unit mix with the majority of units supported by stable Section 8 (HAP) income — a great option for investors seeking dependable cash flow. Some units have been updated, and additional income is generated through on-site coin-operated laundry. Roof replaced in 2020. Ample parking adds to the appeal. This is one of two nearly identical, adjacent 4-unit buildings available — offered individually or together as a rare 8-unit portfolio opportunity.

800-930-5101
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Additional Information

Flooring
Other
Heating
Other
Air Conditioning
Other
Exterior Features
Brick Veneer, Stucco, Wood Siding
Roof
Composition Shingles
Parking Features
Carport - 2 Or More, Off Street
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