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$1,750,000
Est. payment /mo
5,623 Sqft Lot
UPDATED:
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
MLS Listing ID ML82065826
HOA Y/N No
Year Built 1957
Annual Tax Amount $29,354
Lot Size 5,623 Sqft
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 699 - Not Defined
Zoning R1-N2
Interior
Cooling None
Fireplace No
Exterior
Carport Spaces 5
Roof Type Composition
Total Parking Spaces 3
Building
Water Public
Schools
School District Other
Others
Tax ID 27417051
Special Listing Condition Standard
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Listed by Chris Shaheen Coldwell Banker Realty #01421630
Nearby Locations
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