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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