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$1,898,000
Est. payment /mo
5,623 Sqft Lot
New
52 Cleveland AVE San Jose, CA 95128
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Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
MLS Listing ID ML82057755
HOA Y/N No
Year Built 1960
Annual Tax Amount $29,691
Lot Size 5,623 Sqft
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 699 - Not Defined
Zoning R1-N2
Interior
Cooling None
Fireplace No
Exterior
Carport Spaces 6
Building
Water Public
Schools
School District Other
Others
Tax ID 27417084
Special Listing Condition Standard

Listed by Eymon Binesh Marcus & Millichap #02060059
NEARBY SCHOOL & BUSINESS
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