45 Cleveland Avenue, San Jose, CA 95128
Local realty services provided by:ERA Excel Realty
45 Cleveland Avenue,San Jose, CA 95128
$1,850,000
- - Beds
- - Baths
- 3,492 sq. ft.
- Multi-family
- Active
Listed by: tony zizzo, ray rodriguez
Office: compass415-345-3000
MLS#:ML82047891
Source:CRMLS
Price summary
- Price:$1,850,000
- Price per sq. ft.:$529.78
About this home
Property not bound by city rent control! 45 Cleveland Avenue is a well-maintained (4) 2-bed / 1-bath 4plex totaling 3,492 SF, available individually or alongside its side-by-side twin at 47 Cleveland Ave as an 8-unit portfolio. The property is positioned less than 1 mile from Santana Row and Westfield Valley Fair, with quick access to Downtown San Jose, major freeways, and top Silicon Valley employers including Nvidia, Intel, Cisco, and ServiceNow. A key advantage for investors: the property sits in an unincorporated pocket of the Burbank neighborhood and is not subject to the City of San Jose's Apartment Rent Ordinance. Instead, it falls under Santa Clara County's framework and California's AB 1482, offering meaningfully more flexibility on annual rent adjustments. Interior upgrades include updated kitchens with full-size ranges, modern laminate flooring, recessed lighting, and renovated bathrooms. Both interior and exterior have been freshly painted. Additional income comes from on-site coin-operated laundry, and tenants benefit from a combination of surface and covered parking. Whether viewed as a stand-alone cash-flow asset or part of an 8-unit Silicon Valley acquisition, 45 Cleveland Avenue offers a rare entry point into one of the Bay Area's most competitive rental markets....
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Home facts
- Year built:1959
- Listing ID #:ML82047891
- Added:1 day(s) ago
- Updated:May 20, 2026 at 01:25 PM
Rooms and interior
- Living area:3,492 sq. ft.
Heating and cooling
- Heating:Wall Furnace
Structure and exterior
- Roof:Flat, Shingle
- Year built:1959
- Building area:3,492 sq. ft.
- Lot area:0.13 Acres
- Foundation Description:Concrete Perimeter
Utilities
- Sewer:Private Sewer
Finances and disclosures
- Price:$1,850,000
- Price per sq. ft.:$529.78
- Tax amount:$23,956
Parking
- Total parking spaces:4
- Parking description:4 Carport Space(s), Carport, Uncovered
- Carport spaces:4
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