11
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Listed by Chris Shaheen • Coldwell Banker Realty, DRE#01421630
$1,750,000
Est. payment /mo
1 Bed
2 Baths
3,648 SqFt
New
88 Topeka AVE San Jose, CA 95128
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Key Details
Property Type Commercial
Sub Type Five or More Units
Listing Status Active
Purchase Type For Sale
Square Footage 3,648 sqft
Price per Sqft $479
MLS Listing ID ML82065826
Bedrooms 1
Full Baths 2
Year Built 1957
Lot Size 5,625 Sqft
Property Sub-Type Five or More Units
Property Description
88 Topeka Avenue presents an eight-unit multifamily investment opportunity in the desirable Burbank neighborhood of unincorporated Santa Clara County. Built in 1957, the property occupies a 0.12-acre parcel with approximately 3,648 square feet of living space. The efficient unit mix includes four one-bedroom apartments and four studios, complemented by on-site coin-operated laundry and rear carport parking. Ideally positioned in the heart of Silicon Valley, the property offers convenient access to major employment centers, including Santa Clara Valley Medical Center, San Jose City College, and the retail, hospitality, and service industries surrounding Santana Row and Valley Fair. Nearby transportation corridors provide easy access to Downtown San Jose, Campbell, Santa Clara, and beyond. Located outside San Jose city limits, the property is not subject to the City's Apartment Rent Ordinance, offering potential operational advantages. With its central location, diverse employment base, and favorable positioning within the local rental market, 88 Topeka Avenue represents an attractive opportunity for investors seeking a well-located multifamily asset with long-term income and appreciation potential.
Location
State CA
County Santa Clara
Area Central San Jose
Zoning R1-N2
Interior
Heating Gas
Cooling None
Exterior
Parking Features Carport , On Street
Utilities Available Individual Electric Meters, Individual Gas Meters
Roof Type Composition
Building
Foundation Concrete Perimeter and Slab
Sewer Sewer - Public
Water Public
Others
Restrictions None
Tax ID 274-17-051
Security Features None
Special Listing Condition Not Applicable
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