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47 Cleveland Ave , San Jose, CA 95128
$1,788,000
Est. Payment: $9,549.17/mo
8 Bed
4 Bath
0 Sqft
Status: Active | Days on site: 9
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CCBE-SLYF01 - CCBE-205541612
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Chris Heller
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House Description

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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Highlights

Listed by Scott Nguyen , 714-386-0357 MOSO Real Estate , 408-444-9999. CRMLS/Multi-Regional MLS mls logo

Property Type

Multi-Family
Lot/Acreage
0.13

Year Built

1959

County

Santa Clara

 Neighborhood

Other

Listing ID

41145197

Questions about this listing?

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Interior Features

Bedrooms and Bathrooms
  • ▪ Bedrooms:8
  • ▪ Bathrooms:4
  • ▪ Full Bathrooms:
Air Cond:See Remarks
Fireplaces:

Exterior Features

Lot:Street Level,No Land Lease
Garage Capacity:4
Roof:Shingle
Others:
  • ▪ Additional:Brick Veneer, Stucco, Wood Siding, 2+ Total Units
Parking Features:Carport,On Street
Principal Interest
$9,549
Taxes
$1,140

Home Price

$1,788,000

Loan Details

30 yrs
7.034%

Down Payment

20%
$357,600
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:
$9,549.17

Principal

Taxes

Principal Taxes HOA Total
Monthly $9,549.17 $1,139.85 $0.00 $10,689.02
Yearly $114,590.06 $13,678.20 $0.00 $128,268.26
Total $3,437,701.71 $410,346.00 $0.00 $3,848,047.71

Today's Rates

30 Year

7.03%

20 Year

7.02%

15 Year

6.38%

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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: 2026-09-22T23:02:25.000Z

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