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Listed by Eymon Binesh • Marcus & Millichap, DRE#02060059
$1,898,000
Est. payment /mo
3 Beds
2 Baths
2,839 SqFt
New
52 Cleveland AVE San Jose, CA 95128
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Key Details
Property Type Commercial
Sub Type Five or More Units
Listing Status Active
Purchase Type For Sale
Square Footage 2,839 sqft
Price per Sqft $668
MLS Listing ID ML82057755
Bedrooms 3
Full Baths 2
Year Built 1960
Lot Size 5,625 Sqft
Property Sub-Type Five or More Units
Property Description
Exceptional opportunity to acquire a fully occupied 6-unit apartment complex in West San Jose. Located at 52 Cleveland Avenue, the property features five 1-bedroom/1-bathroom units and one 2-bedroom/1-bathroom unit, six attached parking spaces, and individually metered gas and electric service. Situated in an unincorporated pocket of Santa Clara County, the property is not subject to the City of San Jose's rent control ordinance, providing greater flexibility for long-term ownership. With rents near market levels and a prime location near Santana Row, Westfield Valley Fair, major employment centers, and key transportation corridors, 52 Cleveland Avenue offers investors stable in-place cash flow in one of Silicon Valley's most desirable rental markets.
Location
State CA
County Santa Clara
Area Central San Jose
Zoning R1-N2
Interior
Heating Gas
Cooling None
Exterior
Parking Features Carport
Utilities Available Public Utilities
Roof Type Rolled Composition
Building
Foundation Concrete Perimeter
Sewer Sewer - Public
Water Public
Others
Restrictions None
Tax ID 274-17-084
Security Features None
Special Listing Condition Not Applicable
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