Active
5723 Via Monte Drive
San Jose CA, 95118
$1,680,000
$525.00 per sqft
Active
3,200 sqft
Multi-family
Built in 1963
This attractively priced fourplex boasts strong rents(monthly rent $9055) and a high in-place cap rate. Featuring four spacious two-bedroom, one-bathroom flats, with an excellent unit mix. Some units have been upgraded with new kitchen cabinets and granite countertops, while all benefit from dual pane windows throughout. Each unit averages 800 square feet, with Unit D boasting a remodeled bathroom and new flooring. Units A, B, and C come with brand new electric stoves. Additionally, each unit includes enclosed garages and ample street parking, with brand new garage doors installed. The property also offers an on-site laundry room for additional income. Conveniently located within walking distance of a Whole Foods anchored shopping center, and nearby tenants include Chick-fil-A, Peet's Coffee, Chipotle, and Office Max. Across from the Whole Foods Shopping Center lies Almaden Plaza, boasting over 60 retailers and services including Costco, Trader Joe's, TJ Maxx, and Ross.
ML81962214
MLSⓇ ID
April 19, 2024
Listed
April 21, 2024
Updated
Map
5723 Via Monte Drive
San Jose CA, 95118
Interior Features
Fireplace
No
Cooling
No
Heating
Yes
Heating Description
Wall Furnace
Exterior/Building Features
Lot Size
0.17 Acres
Roof
Composition Shingles
School Information
School District
San Jose Unified
Other Property Details
Area Name
San Jose
Garage
No
View
No
County
Santa Clara
Water Source
Public
Pool
No
Zoning
R3H
Buyer Agency Compensation
2.5%
Listed by Xiaozhu Kang with Coldwell Banker Realty
Listing Contact: 650-683-6888
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