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Listed by Eymon Binesh • Marcus & Millichap
$ 1,898,000
Est. payment | /mo
2,839 SqFt
$ 1,898,000
Est. payment | /mo
2,839 SqFt
Open House
Thu Aug 20, 11:00am - 12:30pm
Sat Aug 22, 11:00am - 12:30pm
Key Details
Property Type Commercial
Sub Type Other
Listing Status Active
Purchase Type For Sale
Square Footage 2,839 sqft
Price per Sqft $668
MLS Listing ID ML82057755
HOA Y/N No
Year Built 1960
Lot Size 5,625 Sqft
Property Sub-Type Other
Source Datashare MLSListings
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
Interior
Heating Natural Gas
Cooling None
Fireplace No
Appliance Refrigerator
Building
Water Public
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Vander Meulen Real Estate Group
Broker, REALTOR® | Lic# 00842213 | Lic# 02150745