5723 Via Monte Drive, San Jose

$1,680,000

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8 Beds
0 Bath
3,200 Sqft
.17 Acre
4 Garages

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.

Essential Information

MLS® #
ML81962214
Price
$1,680,000
Bedrooms
8
Bathrooms
0.00
Square Footage
3,200
Acres
0.17
Year Built
1963
Type
Residential Income
Sub-Type
Quadruplex
Status
Active

Community Information

Address
5723 Via Monte Drive
Area
699 - Not Defined
City
San Jose
County
Santa Clara
Zip Code
95118
Senior Community
N

Amenities

# of Garages
4

Interior

Heating
Wall Furnace
Cooling
Wall/Window Unit(s)
# of Stories
2

Exterior

Roof
Composition
Foundation
Concrete Perimeter

School Information

District
San Jose Unified

Additional Information

Date Listed
April 19th, 2024
Days on Market
14
Zoning
R3H

Listing Details

Agent
Xiaozhu Kang
Office
Coldwell Banker Realty

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Based on information from California Regional Multiple Listing Service, Inc. as of May 3rd, 2024 at 1:55pm PDT. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.