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… Read More 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. Read Less
Courtesy of Coldwell Banker Realty, Chris Shaheen 408-621-7473
Listing Snapshot
Days Online
3
Last Updated
Property Type
Five Or More Units
Square Ft.
3,648
Lot Size
0.13 Acres
Year Built
1957
MLS Number
ML82065826
30 Days Snapshot Of 95128
$1.31M
-17%
(avg) sold price
14
+16%
homes sold
13
-63%
(avg) days on market
Snapshot
Area Map
Additional Details
Lot
Max Area: 5625.00, Max Area Units: Square Feet, Lot is 0.12913223140496 acres
Accessibility Features
None
Unit One
Rent: $1,340
Unit Two
Rent: $1,780, bedroom 1
Building
3,648 structure square feet, Age: 69, Built in 1957, 1 building, 8 minimum units in complex
Cooling
None
Foundation
Concrete Perimeter and Slab
Garage
Carport, On Street
Water Features
Public
Heating
Gas
Tenant Pays
Utilities - Electric, Utilities - Gas, Utilities - Hot Water
Miscellaneous
Total expenses: 54388
Parking
3 parking spaces
Property
Zoning: R1-N2
Roof
Composition
Security Features
None
Taxes
Annual tax amount: $29,354
Sewer
Sewer - Public
Utilities
Master Water, Separate Electric, Separate Gas, Individual Electric Meters, Individual Gas Meters
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