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Apartment Building Income Property
For Sale
$1,850,000

47 Cleveland Ave, San Jose, CA 95128

Apartment building for sale in San Jose, not bound by San Jose Rent Control, with residential income potential.

Property Size3,492 SF
Days on Market109

Property Features for 47 Cleveland Ave

General Information

Standard status Active
Size 3,492 SF
Property subtype Investment

Taxes and HOA fees

Annual Taxes $23,956

Building Details

Building Size 3,492 SF
Year Built 1959
Stories 2
Units 4
Listing Agency: Compass Commercial Real Estate
Listed By: Ray Rodriguez · License #01999734
Source: Elliman
Added: May 21 Changed: Sep 4 Last Checked: Aug 14 at 8:03AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Compass Commercial Real Estate

Investment Insights

Based on property information with market context.

This apartment building income property is being offered for sale and is listed as not bound by San Jose Rent Control. The offering includes a total property size of 3,492 square feet, configured as residential income use based on the property’s classification.

The property is located at 47 CLEVELAND AVE, SAN JOSE, CA 95128. This rent control status is a key item for buyers evaluating compliance requirements and operating considerations.

For more details on the building’s configuration and current income/expense history, please request the available materials from the listing broker.

Key Highlights

  • Apartment building built in 1959
  • Property is not bound by San Jose Rent Control

Property Analytics

Current Use

Specialty properties

Suggested Use

Top Pick Electrical Service Pet Grooming Service Florist Garden Center Storage Facility (Bike/Boat/Book/etc) Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

2,050
Businesses Nearby

Demographics for 95128, CA

34,776
Population
15,193
Households
2.3
Avg Household Size
38
Median Age
52%
College-Educated
90%
High-School Grad
3.9 sq mi
ZIP Area
8,917
Density / Sq Mi
$122,647
Median Household Income
$71,504
Median Earnings
$2,505
Median Rent
$1,214,500
Median Home Value
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Specialty property - Apartment building for sale in San Jose, not bound by San Jose Rent Control, with residential income potential.
Where is this specialty property located?
The property is located at 47 Cleveland Ave San Jose, CA.
What is the asking price?
The asking price for this property is $1,850,000.
What are key features of this property?
This property features: Apartment building built in 1959; Property is not bound by San Jose Rent Control
More about this property
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