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.
| MLS # | ML82057755 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Year | 1960 |
| Days On Site | 80 |
| Listing Provided By | Marcus & Millichap | Eymon Binesh |
| SQ Feet | 2,839 |
|---|---|
| Car Port | Yes |
| Building(s) | 1 |
| Zoning | R1-N2 |
| Acreage | 0.13 |
| Cooling | None |
|---|---|
| Cooling Yes / No | Yes |
| Property | 29691 |
|---|
| State | CA |
|---|---|
| County | Santa Clara |
| City | San Jose |
| Zip Code | 95128 |
| Area | 699 Not Defined |
| Listing VS Median (in 95128) | |
Price: $1,898,000 low | high Med: $1,399,888 sqft: 2,839 low | high Med: 1,577 $ / sqft: $669 low | high Med: $888 On site: 80 low | high Med: 19 | |
| State | CA |
|---|---|
| County | Santa Clara |
| City | San Jose |
| Zip Code | 95128 |
| Area | 699 Not Defined |
| Listing VS Median (in 95128) | |
Price: $1,898,000 low | high Med: $1,399,888 sqft: 2,839 low | high Med: 1,577 $ / sqft: $669 low | high Med: $888 On site: 80 low | high Med: 19 | |
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