5653 Via Monte Dr - Apartments FOR SALE


San Jose, CA 95118- Cambrian
$1,650,000 USD
510-304-8077
5653 Via Monte Dr, San Jose, CA for Sale
$1,650,000 USD
Apartments - FOR SALE
1/18
null | 3.69% Cap Rate

5653 Via Monte Dr
San Jose, CA 95118
Cambrian


HIGHLIGHTS

  • Incredible South San Jose Fourplex
  • Signicant Capital Improvements
  • Convenient Tenant Amenities
  • Prime San Jose Location

OVERVIEW

** You’re invited to our exclusive open house on Tuesday, 7/28 & Thursday, 7/30 from 12:00 PM–1:30 PM.** 5653 Via Monte Dr is an exceptional fourplex located in the thriving city of San Jose, California. Situated on a parcel of land totaling 8,614 square feet, the subject property was originally constructed in 1963 and features a gross building area of approximately 3,364 square feet, offering tenants beautifully designed two-bedroom floor plans. 5653 Via Monte Dr also offers tenants convenient amenities such as private carport parking, private backyards for ground level units, and private balconies for upstairs units. 5653 Via Monte Dr is situated within the Cambrian neighborhood known for its peaceful residential streets, beautiful parks and desirable school district. The subject property is also walking distance to many major retailers such as Target, Home Depot, Home Goods, and much more. Additionally, the subject property is within close proximity to San Jose State University and the historic Santa Clara University, ranked 54th nationally for undergrad and 11th nationally for the executive MBA program based on US News & World Report Rankings. As part of Silicon Valley, this location also offers renters quick access to many of the nation’s top tech employers including Apple, Google, Tesla, Facebook, IBM, Intel, Yahoo, Cisco Systems, Adobe Systems, LinkedIn as well as many others. The investment appeal of this asset is driven by San Jose’s strong employment fundamentals and low vacancy levels. With a world-class location in Silicon Valley, 5653 Via Monte Dr presents an attractive choice for South Bay renters due to its close proximity to major employers, transportation corridors, shopping, dining, and entertainment options.

FOR SALE DETAILS

PRICE

$1,650,000 USD

PRICE/SF

$490 USD /SF

# OF UNITS

4

PRICE/UNIT

$412,500

CAP RATE

3.69%

% 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

Robert JohnstonLevin JohnstonMore Info
510-304-8077

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Robert JohnstonLevin JohnstonMore Info
510-304-8077

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