47 Cleveland Ave San Jose, CA $ 1,788,000
47 Cleveland Ave
$ 1,788,000
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47 Cleveland Ave

San Jose, CA, 95128
$ 1,788,000
Baths1.0

Monthly Estimate*

$ 11,290

Listed by MOSO Real Estate
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Studio

Multi-Family Home for sale in San Jose, CA

for $1,788,000 with 1 full bath. This home was built in 1959 on a lot size of 0.1291.

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.

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Multi-Family Active

Price

$ 1,788,000

Bedrooms

Studio

Full Bath

1

Property Type

Multi-Family

Taxes

$ 0

Style

Lot Size

0.1291

Year Built

1959

Town/City

San Jose

County/Region

Santa Clara

MLS | Web ID

41145197

Days on Market

1

Features
General
Heating See Remarks
Cooling See Remarks
Possession Close Of Escrow
Roof Shingle
HOA Fee 0
Construction Materials Brick Veneer Stucco Wood Siding
Year Built 1959
Tenant Pays Gas
Property Subtype Quadruplex
County Santa Clara
Net Operating Income 90542
Operating Expense 34508
Insurance Expense 3617
Property Type Residential Income
Subdivision Name Other
Status Active
Directions Cross Street: San Carlos.
City San Jose
Number Of Units Total 4
Lot Size Units Square Feet
Lot Size Square Feet 5625
Carport Y/N true
Listing Terms Cash Conventional 1031 Exchange
Standard Status Active
Property Sub Type Additional Quadruplex
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Interior
Air Conditioning Y/N true
Heating Y/N true
Total Baths 0
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Exterior
Parking Features Carport On Street
Lot Features Street Level
Total Parking 4
Lot Size Area 5625
Lot Size Acres 0.1291
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* Excluded Features
List By
Moso Real Estate

Broker

scott@moso.com

Email

Affordability Calculator

$11,290
Per Month
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Monthly Principal & Interest
$11,290
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Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4827338 Elementary School
4827337 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
8/15/2026$1,788,000 Listed Price

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47 Cleveland Ave, San Jose, CA, 95128 is a Multi-Family Home for sale at $1,788,000 with a lot size of 0.1291. 47 Cleveland Ave is a studio with 1.0 baths and was built in 1959. The property's zip code is 95128 which is in San Jose, CA