5670 Via Monte Dr - Apartments FOR SALE


San Jose, CA 95118- South San Jose
$1,675,000 USD
408-438-0969
5670 Via Monte Dr, San Jose, CA for Sale
$1,675,000 USD
Apartments - FOR SALE
1/10
null | 3.47% Cap Rate

5670 Via Monte Dr
San Jose, CA 95118
South San Jose


HIGHLIGHTS

  • Outstanding investment opportunity located in a sought-after subdivision near Almaden Plaza and Oakridge Mall
  • Desirable unit mix: (2) 2BD/2BA and (2) 2BD/1BA units with strong current rents and upside potential
  • Extensive upgrades: 2023 re-roof, copper re-pipe, and recent San Jose City Inspections passed
  • Near major tech employers including Google, Apple, and Cisco Systems
  • Easy access to Almaden Expressway and Highway 85

OVERVIEW

We are pleased to present the opportunity to acquire 5670 Via Monte Dr, a four (4) unit apartment building located a short walk to Almaden Plaza, Oakridge Mall, Whole Foods and Pioneer Highschool. Constructed in 1963, the property is one of few in the subdivision that features (2) 2bed2bath units along with (2)2bed1bath units. The property provides spacious private outdoor balconies or patios for all units, with the opportunity to fence off even more. Notable capital improvements include a 2023 re-roof and a copper re-pipe in the 90s. San Jose City Inspections were recently passed, giving a new owner three years until the next one. The property features easy access to Almaden Expwy and Highway 85. Finally, the property is surrounded by renowned tech companies including Google, Apple, and Cisco Systems, offering abundant employment opportunities for potential tenants.

FOR SALE DETAILS

PRICE

$1,675,000 USD

PRICE/SF

$498 USD /SF

# OF UNITS

4

PRICE/UNIT

$418,750

CAP RATE

3.47%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1963

PARKING SPACES

4

LAND DETAILS

LAND ACRES

0.17 AC

LAND SF

7,405 SF

ZONING

RM

APN/PARCEL ID

567-52-020

ASK ABOUT THIS PROPERTY

Eric KatzMagnifyMore Info
408-438-0969

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Eric KatzMagnifyMore Info
408-438-0969

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