47 Cleveland Ave, San Jose, CA 95128
- $1,788,000
- 3,492
- SqFt
- List Price
- $1,788,000
- Status
- ACTIVE
- MLS#
- 41145197
- Year Built
- 1959
- Property Type
- Quadruplex
- Living Area
- 3,492
- Lot Size
- 5,625
- Acres
- 0.13
- County
- Santa Clara
- Subdivision
- Other
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
- Exterior
- Brick Veneer, Stucco, Wood Siding
- Flooring
- Other
- Laundry Features
- Coin Operated
- Lot Description
- Level
- Parking Features
- Carport - 2 Or More, Off Street
- Roof
- Composition Shingles
- Water Sewer
- Public
Mortgage Calculator
Listing courtesy of Scott Nguyen from MOSO Real Estate. 714-386-0357
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