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29241965
29241966

5653 Via Monte Dr, San Jose, CA 95118

EK
CA 01900078
Magnify Equity
KD
CA 02423745
De Mattei Realty
DK
CA CA01971921
Magnify Equity
Listed by Magnify Equity, De Mattei Realty
$1,650,000
144 days on market
Updated 69 days ago

5653 Via Monte Dr, 4 units in San Jose

Details
APN 56752034
Property Type Multifamily
Sub Type Apartment Building
Square Footage 3,364
Units 4
Cap Rate 4.07%
NOI $67,167
Occupancy 100%
Pro-Forma Cap Rate 5.42%
Pro-Forma NOI $89,457
Price per SqFt $490
Class C
Year Built 1963
Stories 2
Lot Size (SqFt) 8,614

Great Investment opportunity for long-term growth, with easy access to highways and vibrant local a

Marketing description

Magnify is pleased to present 5653 Via Monte Drive in San Jose. This property features four spacious units, each consisting of 2 bedrooms and 1 bathroom. The consistent unit mix in a highly desirable location makes this an attractive investment opportunity for a variety of buyers looking for a stable asset in a resilient rental market.

The property is a two-story multi-family complex featuring an attached four-car garage. It has been maintained with various upgrades across the units. Each unit benefits from private outdoor space with concrete patios and balconies, ensuring a well-cared-for asset that minimizes potential immediate capital expenditures for new ownership.

Located in a prime San Jose neighborhood with easy access to Almaden Expressway and Highway 85, the property is also within a few blocks of Almaden Plaza, offering a variety of retail, dining, and essential services. Its strategic location surrounded by renowned tech employers like Google, Apple, and Cisco Systems further enhances its rental desirability and long-term value appreciation, making it an ideal investment for stable returns and future growth.

View Info and Disclosures: https://www.magnify.deals/5653info

Investment highlights

  • Excellent Investment in a Prime San Jose Location – Four spacious units, each with 2 bedrooms and 1 bathroom

  • Strong Value Proposition – Stable rental income potential in a resilient market with long-term appreciation upside

  • Well-Maintained Asset – Upgraded interiors and private outdoor spaces

  • Strategic Connectivity – Easy access to Almaden Expressway, Highway 85, and Almaden Plaza

  • High Rental Demand – Surrounded by major tech employers like Google, Apple, and Cisco

Listing Contacts

EK
CA 01900078
Magnify Equity
KD
CA 02423745
De Mattei Realty
DK
CA CA01971921
Magnify Equity
Listed by Magnify Equity, De Mattei Realty

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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$67,167.00
$5,597.25/mo

Valuation Metrics

0
DSCR
4.07%
Cap Rate
4.07%
ROI

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Additional Information

Name
Eric Katz
License
01900078
Brokerage Phone
408-438-0838
Name
Kyle De Mattei
License
02423745
Brokerage
De Mattei Realty
Brokerage Phone
4083343226
Title
Real Estate Broker
Brokerage Address
1794 The Alameda
Name
David Katz
License
CA01971921
Brokerage
Magnify Real Estate
Brokerage Phone
(408) 438-0585
Title
Co-Founder and COO
Brokerage Address
14370 Saratoga Avenue
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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