47 Cleveland Ave, San Jose, CA 95128
47 Cleveland Ave, San Jose, CA 95128
47 Cleveland Ave, San Jose, CA 95128
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The Warburton Team Brokered By EXp

The Warburton Team Brokered By EXp

+1(626) 630-2141
$1,788,000
Est. payment /mo
5,623 Sqft Lot
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UPDATED:

Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Active

Purchase Type For Sale

MLS Listing ID 41145197

HOA Y/N No

Year Built 1959

Lot Size 5,623 Sqft

Property Sub-Type Quadruplex

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

Interior

Heating See Remarks

Cooling See Remarks

Fireplace No

Exterior

Parking Features Carport, On Street

Roof Type Shingle

Total Parking Spaces 4

Building

Lot Description Street Level

Others

Tax ID 27417082

Acceptable Financing Cash, Conventional, 1031 Exchange

Listing Terms Cash, Conventional, 1031 Exchange


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Listed by Scott Nguyen MOSO Real Estate #01824904

NEARBY SCHOOL & BUSINESS

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