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.
| MLS # | 41145197 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Year | 1959 |
| Days On Site | 15 |
| Listing Provided By | MOSO Real Estate | Scott Nguyen |
| Car Port | Yes |
|---|---|
| Units | 4 |
| Acreage | 0.13 |
| Cooling | See Remarks |
|---|---|
| Heating | See Remarks |
| Heating Yes / No | Yes |
| Cooling Yes / No | Yes |
| Roof | Shingle |
|---|---|
| Construction Materials | Brick Veneer, Stucco, Wood Siding |
| Lot Features | Street Level |
| Parking Features | Carport, On Street |
|---|
| State | CA |
|---|---|
| County | Santa Clara |
| City | San Jose |
| Zip Code | 95128 |
| Community Name | Other |
| Listing VS Median (in Other) | |
Price: $1,788,000 low | high Med: $2,099,000 On site: 15 low | high Med: 23 | |
| State | CA |
|---|---|
| County | Santa Clara |
| City | San Jose |
| Zip Code | 95128 |
| Community Name | Other |
| Listing VS Median (in Other) | |
Price: $1,788,000 low | high Med: $2,099,000 On site: 15 low | high Med: 23 | |
![]() | $1,788,00045 Cleveland AveSan Jose, CA 95128 |
![]() | $1,898,00052 Cleveland AvenueSan Jose, CA 95128 |