5653 Via Monte Dr, San Jose, CA 95118 — Sale in San Jose, CA
- Price: Contact for price
- Listing type: For sale
- Asset type: Multifamily Property
- Location: San Jose, CA 95118
Photos
Investment Figures
- Cap rate
- 4.17%
Derived from the asking price and operating figures published for this listing. Informational only — not an appraisal, valuation or financial advice. Verify independently before relying on any figure.
Description
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 within 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 undergraduate programs and 11th nationally for the executive MBA program based on U.S. 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. Investment Highlights: • Incredible South San Jose Fourplex - Investors have the opportunity to acquire an exceptional fourplex in one of the most dynamic and desirable South Bay locations. • Convenient Tenant Amenities - 5653 Via Monte Dr offers private carport parking, private backyards for ground-level units, and priv
Market Context
This multifamily in San Jose, CA is listed for sale. It is offered at an approximate 4.2% capitalization rate, a key benchmark for income-producing multifamily assets. Compare it against other multifamily listings for sale in San Jose, CA — view the full market.
Contact
- Jake Clyne · (650) 391-1864 · jake.clyne@marcusmillichap.com
- Adam Levin · (650) 391-1782 · adam.levin@marcusmillichap.com
- Rob Johnston · (650) 391-1744 · robert.johnston@marcusmillichap.com
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