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Scott D. Comstock

scott@homesandwealth.com +1(559) 681-9500

Listed by Eymon Binesh • Marcus & Millichap, DRE#02060059

$ 1,898,000

Est. payment | -/mo

3 Beds

2 Baths

2,839 SqFt

Save

$ 1,898,000

Est. payment | -/mo

Save

3 Beds

2 Baths

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 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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+1(559) 681-9500

scott@homesandwealth.com

Serving ALL of California, United States

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52 Cleveland AVE San Jose, CA 95128