5653 Via Monte Dr - Apartments FOR SALE


San Jose, CA 95118- Cambrian
$1,700,000 USD
408-438-0969
5653 Via Monte Dr, San Jose, CA for Sale
$1,700,000 USD
Apartments - FOR SALE
1/15
null | 3.95% Cap Rate

5653 Via Monte Dr
San Jose, CA 95118
Cambrian


HIGHLIGHTS

  • Excellent Investment in Prime San Jose Location with (4) spacious 2BD/1BA
  • Strong Value Proposition – Stable Income in Resilient Submarket
  • Passed SB-721 Deck and Walkway Inspection
  • Core Silicon Valley with Easy access to Almaden Expressway, Highway 85, and Almaden Plaza
  • Private Balconies or Yards

OVERVIEW

Magnify is pleased to present 5653 Via Monte Drive, a well-maintained four-unit multifamily property located in a desirable neighborhood of San Jose. The property features an attractive unit mix with spacious 2-bedroom, 1-bathroom residences, each with a private balcony or yard, supporting consistent rental demand. The building recently passed the SB-721 inspection of the decks/walkways as well. The two-story complex includes four covered carports and has benefited from ongoing upgrades throughout the units, reflecting thoughtful ownership and pride of care. Private outdoor spaces for each unit enhance tenant appeal, while the condition minimizes near-term capital expenditure requirements for new ownership. The building is also part of an HOA which provides access to a pool and security services. Strategically located with convenient access to Almaden Expressway and Highway 85, the property is just blocks from Almaden Plaza, offering a wide range of retail, dining, and everyday services. Proximity to major Silicon Valley employers further strengthens long-term rental demand and value appreciation. This offering represents an excellent opportunity to acquire a stable, well-located asset in one of San Joses most resilient rental markets.

FOR SALE DETAILS

PRICE

$1,700,000 USD

PRICE/SF

$505 USD /SF

# OF UNITS

4

PRICE/UNIT

$425,000

CAP RATE

3.95%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1963

PARKING SPACES

4

LAND DETAILS

LAND ACRES

0.2 AC

LAND SF

8,614 SF

ZONING

R3H, San Jose

APN/PARCEL ID

567-52-034

ASK ABOUT THIS PROPERTY

Eric KatzMagnifyMore Info
408-438-0969

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.

Eric KatzMagnifyMore Info
408-438-0969

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.