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$1,600,000
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Property Description
Offering Memorandum available upon request - The Zurich Group of Marcus & Millichap is pleased to present 50 Cleveland Avenue, an eight-unit multifamily investment opportunity located in the desirable Burbank neighborhood of unincorporated Santa Clara County, just moments from Downtown San Jose. Importantly, the property is not subject to the City of San Jose Apartment Rent Ordinance, providing investors with greater operational flexibility than many competing multifamily assets located within San Jose city limits. The property consists entirely of one-bedroom, one-bathroom units, offering a highly efficient and desirable unit mix with strong demand from Silicon Valley renters. Ideally positioned near Santana Row, Valley Fair, and major transportation corridors, the property provides convenient access to the region's leading employment, shopping, dining, and entertainment destinations. With its central Silicon Valley location, favorable rent control positioning, and attractive all one-bedroom configuration, 50 Cleveland Avenue represents a compelling long-term investment opportunity. Buyer shall independently verify all information, including rent control status, unit count, square footage, lot size, zoning, permits, financial information, and all other property details.
Full Property Details
Full Property Details for 50 Cleveland Ave
General
- Sold For: $1,600,000
- Status: Closed
- Type: Commercial Residential Facility
- Source: RE_Infolink
- MLS ID: ML82049083
- Added to Site: 42 day(s) ago
Additional Information
- Security/Safety: None
Parking
- Parking Features: Assigned Spaces
Location
- Area: Central San Jose
- County: Santa Clara
Heating & Cooling
- Cooling Type: None
Utilities
- Sewer: Sewer Connected
- Water: Water on Site
- Utility Description: Individual Electric Meters
- Metering: Master Water
Structural Information
- Foundation: Concrete Perimeter and Slab
- Roof: Composition
- Disability Access: None
- Square Feet: 3,761
- Year Built: 1957
Unit Information
Unit 1
- Bedrooms: 1
Lot Features
- Minimum Lot Size: 5625
- Building Sites: 1
- Zoning: R1-N2
Disclosures and Reports
- Restrictions: None
Listed by Marcus & Millichap, Mitchell Zurich
Sold by M&MKW, Mitchell Zurich
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Schools
Schools serving 50 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 50 Cleveland Ave
Date
Details
Price
Change
Source
7/02/2026
Sold
$1,600,000
-8.57%
MLS
5/29/2026
Listed
$1,750,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
50 Cleveland Ave, San Jose, CA 95128 (MLS# ML82049083) is a Commercial Residential Facility property that was sold at $1,600,000 on July 02, 2026. Want to learn more about 50 Cleveland Ave? Do you have questions about finding other Commercial Residential Facility 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.

