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Listed by David Katz • Magnify Real Estate
$ 1,650,000
Est. payment | /mo
3,364 SqFt
$ 1,650,000
Est. payment | /mo
3,364 SqFt
Key Details
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Active
Purchase Type For Sale
Square Footage 3,364 sqft
Price per Sqft $490
MLS Listing ID ML82031572
HOA Y/N No
Year Built 1963
Lot Size 8,614 Sqft
Property Sub-Type Quadruplex
Source Datashare MLSListings
Property Description
Magnify is pleased to present 5653 Via Monte Drive, a 4plex located in a desirable San Jose neighborhood, now offered at a newly adjusted price of $1.65M. The property presents a compelling value opportunity for investors to acquire a well-located asset with strong fundamentals and long-term upside. The property features an attractive unit mix of spacious 2-Bed/1-Bath units, each with a private balcony or yard, supporting consistent rental demand. The building also passed the SB-721 inspection for decks and walkways. The property includes four covered carports, while private outdoor spaces for each unit enhance tenant appeal. The building has seen various improvements over time, and the functional layout offers potential for further upgrades and rental growth. Strategically located with convenient access to Almaden Expressway and Highway 85, the property is just blocks from Whole Foods and Almaden Plaza, offering a wide range of retail, dining, and everyday conveniences. Proximity to major Silicon Valley employers further supports long-term rental demand. With its updated pricing and core location, 5653 Via Monte Drive represents an excellent opportunity for investors seeking a balance of current income and future upside in one of San Joses most established rental markets.
Location
State CA
County Santa Clara
Interior
Heating Natural Gas, Wall Furnace
Cooling No Air Conditioning
Fireplace No
Laundry Coin Operated
Schools
School District San Jose Unified, San Jose Unified
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Melanie Peterson-Katz
Partner | Lic# 00890767