$1,788,000
 $9,598 est/mo Sourced by Back At You

47 Cleveland Ave,San Jose, CA 95128

San Jose, CA 95128

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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.

Details

MLS #41145197
Listing TypeFor Sale
Sub-TypeResale
StatusActive
Year1959
Days On Site15
Listing Provided ByMOSO Real Estate | Scott Nguyen

Features

Car PortYes
Units4
Acreage0.13

Interior

CoolingSee Remarks
HeatingSee Remarks
Heating Yes / NoYes
Cooling Yes / NoYes

Exterior

RoofShingle
Construction MaterialsBrick Veneer, Stucco, Wood Siding
Lot FeaturesStreet Level

Parking

Parking FeaturesCarport, On Street

Area Information

StateCA
CountySanta Clara
CitySan Jose
Zip Code95128
Community NameOther
Listing VS Median (in Other)
Price:
$1,788,000
low | high
Med:
$2,099,000
32.606263982103% of Average
On site:
15
low | high
Med:
23
65.217391304348% of Average
Sourced by Back At You

Market Activity 95128

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Learn More About This Property

StateCA
CountySanta Clara
CitySan Jose
Zip Code95128
Community NameOther
Listing VS Median (in Other)
Price:
$1,788,000
low | high
Med:
$2,099,000
32.606263982103% of Average
On site:
15
low | high
Med:
23
65.217391304348% of Average
Sourced by Back At You
Nearby Listings (Within 1/10 mile)
Price: $1.341M - $2.235M
sqft: 0 - 0
Nearby Listings Property ImageNearby Listings Details
45 Cleveland Ave Property Photo 1
$1,788,000
45 Cleveland Ave
San Jose, CA 95128
52 Cleveland Avenue Property Photo 1
$1,898,000
52 Cleveland Avenue
San Jose, CA 95128
Listing Updated: August 21, 2026 at 10:05:50 PM PDT