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$1,788,000
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Property 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.
Full Property Details
Full Property Details for 45 Cleveland Ave
General
- Price: $1,788,000
- Status: Active
- Type: Multi-Family
- Source: MAX
- MLS ID: 41145196
- Updated: 8/24/2026
- Added to Site: 16 day(s) ago
Interior
- Flooring: Other
Rooms
Other Rooms
- Laundry: Coin Operated
Additional Information
- Equipment: None
Exterior
- Exterior Features: No Yard
Parking
- Parking Features: Carport - 2 Or More, Off Street
Location
- Area: Listing
- County: Santa Clara
- Subdivision: Other
- Driving Directions: Turn onto Cleveland from San Carlos..
Heating & Cooling
- Cooling Type: Other
- Heating Type: Other
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- Exterior Const.: Brick Veneer, Stucco, Wood Siding
- Roof: Composition Shingles
- Year Built: 1959
Lot Features
- Lot Size (Acres): 0.13
- Lot Dimensions: 5662.8
- Lot Features: Level
Financial Considerations
- For Sale: Yes
- Price Per Sq. Ft.: $512
Disclosures and Reports
- Property ID: 27417082
Listed by MOSO Real Estate, Scott Nguyen
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Schools
Schools serving 45 Cleveland Ave
School Districts:Luther Burbank Elementary School District, Campbell Union High School District
| Name | Grades | Distance |
|---|---|---|
Luther Burbank Elementary School, San Jose, CA 4 Wabash Avenue, San Jose, CA 95128 | K-8 | 0.2 mi |
Del Mar High School 1224 Del Mar Avenue, San Jose, CA 95128 | 9-12 | 1.5 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 45 Cleveland Ave
Date
Details
Price
Change
Source
8/15/2026
Listed
$1,788,000
299.11%
MLS
7/02/1999
Sold
$448,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 45 Cleveland Ave
Year
Property Taxes
Change
Tax Assessment
Change
2025
$12,350
—
$702,318
2%
2025
$12,350
3%
$688,548
2%
2024
$12,007
1%
$675,048
2%
2023
$11,845
—
$661,812
2%
2022
$11,828
1%
$648,836
2%
2021
$11,740
1%
$636,115
1%
2020
$11,605
9%
$629,594
2%
2019
$10,672
9%
$617,250
2%
2018
$9,792
4%
$605,148
2%
2017
$9,431
6%
$593,283
2%
2016
$8,865
2%
$581,651
2%
2015
$8,665
6%
$572,915
2%
2014
$8,209
—
$561,693
—
2013
$8,184
—
$559,155
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 45 Cleveland Ave
45 Cleveland Ave, San Jose, CA 95128 (MLS# 41145196) is a Multi-Family property with units containing 0 bedrooms and 0 full bathrooms. 45 Cleveland Ave is currently listed for $1,788,000 and was received on August 15, 2026. Want to learn more about 45 Cleveland Ave? Do you have questions about finding other Multi-Family real estate for sale in San Jose? You can browse all San Jose real estate or contact a Coldwell Banker agent to request more information.

