$1,898,000
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.
Listed by Eymon Binesh with Marcus & Millichap (650) 391-1700
Property Type
Commercial Sale
Status
Active
MLS Number
ML82057755
Year Built
1960
Lot Size
5,624 sq ft
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