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Commercial Property - 52 Cleveland Avenue, San Jose, CA
$1,898,000
52 Cleveland Avenue, San Jose, CA
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.
Property details
Square feet
2,839
Year built
1960
Property type
Commercial Sale
Lot size
5,625 sqft
Location
52 Cleveland Avenue • San Jose, CA 95128
Listed by
Eymon Binesh · Marcus & Millichap
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Closed commercial sales reported, newest first.
Sale history for 52 Cleveland Avenue
- Sold $2,070,000 in December 2020 · MLS #ML81806012 · Source: CRMLS