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Listed by Scott Nguyen, DRE #01824904 • MOSO Real Estate
$ 1,788,000
Est. payment /mo
New
47 Cleveland Ave San Jose, CA 95128
8 Beds
4 Baths
3,492 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Fourplex
Listing Status Active
Purchase Type For Sale
Square Footage 3,492 sqft
Price per Sqft $512
MLS Listing ID BE41145197
Bedrooms 8
Year Built 1959
Lot Size 5,625 Sqft
Property Sub-Type Fourplex
Source Bay East
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
Area Central San Jose
Interior
Heating Other
Cooling Other
Flooring Other
Laundry None, Coin Operated
Exterior
Exterior Feature Stucco, Siding - Wood , Brick Veneer
Parking Features Off-Street Parking
Garage Spaces 4.0
Roof Type Composition
Building
Lot Description Grade - Level
Others
Tax ID 274-17-082
Special Listing Condition New, Not Applicable
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