45 Cleveland Ave, San Jose, CA 95128
45 Cleveland Ave, San Jose, CA 95128
45 Cleveland Ave, San Jose, CA 95128
45 Cleveland Ave, San Jose, CA 95128
45 Cleveland Ave, San Jose, CA 95128
45 Cleveland Ave, San Jose, CA 95128
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$ 1,788,000
Est. payment | /mo

5,623 Sqft Lot


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$ 1,788,000
Est. payment | /mo
Save

5,623 Sqft Lot

Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Active

Purchase Type For Sale

MLS Listing ID 41145196

HOA Y/N No

Year Built 1959

Lot Size 5,623 Sqft

Property Sub-Type Quadruplex

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.

Location

State CA

County Santa Clara

Interior

Heating See Remarks

Cooling See Remarks

Fireplace No

Exterior

Parking Features Carport, On Street

Roof Type Shingle

Total Parking Spaces 4

Building

Lot Description Street Level

Others

Tax ID 27417082

Acceptable Financing Cash, Conventional, 1031 Exchange

Listing Terms Cash, Conventional, 1031 Exchange

CRMLS Full IDX Feed (MAIN Website Search)
Listed by Scott Nguyen MOSO Real Estate #01824904

NEARBY SCHOOLS & PROPERTIES

Sam Louis
Sam Louis

License ID: 02203602

+1(949) 357-0611 | sam@louisestategroup.com

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45 Cleveland Ave