45 Cleveland Ave, San Jose, CA 95128
- $1,788,000
- 8
- BD
- 3,492
- SqFt
Listed by Scott Nguyen, (714) 386-0357 from MOSO Real Estate
(If provided) CoList: from
- List Price
- $1,788,000
- MLS#
- BE41145196
- Status
- ACTIVE
- Sqft. of Residence
- 3,492
- Lot Size
- 5,625
- Listing Area
- Central San Jose
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.
Additional Information
- Acres
- 0.13
- Amenities
- None
- Cooling System
- Other
- Exterior Features
- Stucco, Siding - Wood, Brick Veneer
- Floor Covering
- Other
- Garage Parking
- Off-Street Parking
- Heating System
- Other
- Laundry Facilities
- None, Coin Operated
- Living Area
- 3,492
- Lot Description
- Grade - Level
- Lot Size
- 5,625
- Neighborhood
- Central San Jose
- Numberof Units
- 4
- Roof
- Composition
- Unincorporated Yn
- Yes
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