88 Topeka Ave , San Jose, CA 95128
$1,750,000
Est. Payment: $9,197.00/mo
3648 Sqft
0.13 Acres
Status: active | Days on site: 10
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ML38257 - ML473094,ML5095351
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House Description

88 Topeka Avenue presents an eight-unit multifamily investment opportunity in the desirable Burbank neighborhood of unincorporated Santa Clara County. Built in 1957, the property occupies a 0.12-acre parcel with approximately 3,648 square feet of living space. The efficient unit mix includes four one-bedroom apartments and four studios, complemented by on-site coin-operated laundry and rear carport parking. Ideally positioned in the heart of Silicon Valley, the property offers convenient access to major employment centers, including Santa Clara Valley Medical Center, San Jose City College, and the retail, hospitality, and service industries surrounding Santana Row and Valley Fair. Nearby transportation corridors provide easy access to Downtown San Jose, Campbell, Santa Clara, and beyond. Located outside San Jose city limits, the property is not subject to the City's Apartment Rent Ordinance, offering potential operational advantages. With its central location, diverse employment base, and favorable positioning within the local rental market, 88 Topeka Avenue represents an attractive opportunity for investors seeking a well-located multifamily asset with long-term income and appreciation potential.

Highlights

Listed by Chris Shaheen , 408-621-7473 and Geoff Hollands , 408-761-7307 Coldwell Banker Realty , (408) 355-1500. CRMLS/Multi-Regional MLS mls logo

Property Type

Commercial Sale

Lot/Acreage
0.13

Year Built

1957

County

Santa Clara

Area

699 - Not Defined

School District

Other

Listing ID

ML82065826

Questions about this listing?

Contact Agent

Interior Features

Water:Public

Exterior Features

Lot:No Land Lease
Garage Capacity:3
Zoning:R1-N2
Roof:Composition
Principal Interest
$9,197
Taxes
$2,446

Home Price

$1,750,000

Loan Details

30 yrs
6.875%

Down Payment

20%
$350,000
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$9,197.00

Principal

Taxes

Principal Taxes HOA Total
Monthly $9,197.00 $2,446.17 $0.00 $11,643.17
Yearly $110,364.04 $29,354.00 $0.00 $139,718.04
Total $3,310,921.22 $880,620.00 $0.00 $4,191,541.22

Today's Rates

30 Year

6.88%

20 Year

6.86%

15 Year

6.33%

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Market insight data is pulled from the same city as the listing being viewed (San Jose, CA).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

Based on information from California Regional Multiple Listing Service, Inc. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. All properties are subject to prior sale, change or withdrawal.

IDX service by Blueroof 360

Data last updated: 2026-11-07T01:31:48.000Z

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