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Listed price in listed location currency (USD).
$1,850,000

004

MLS® ML82047891

  • Key Facts
  • Description
  • Map

Key Facts

Type Quadruplex
Levels Residential Income
Size 3492 sqft
Garage 
Taxes $23,956
Days Active 0
Lot Size 
Approx. Age 1959
Avg. Price Per Sqft $529
MLS® Number ML82047891

Property Address: 45 Cleveland Avenue, San Jose, CA, 95128

Average square foot calculated using Size range provided by listing agent.

Description

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.
MLS® NumberML82047891
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
Garage
Approx. Age1959
Basement
DrivewayCarport, Uncovered
Garage Spaces
Heat
A/C
Heating Fuel

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

May 20, 2026List Date
$1,850,000List Price
  • Commute

Commute

Starting Address
Destination Address
45 Cleveland Avenue, San Jose, CA

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