Share This Listing

Message

960 characters remaining

Hmm, there seems to have been an error sending your message. Please try again.

Your email has been sent.

Still interested?

Contact the brokers for more information about this property

Investment Highlights

  • Rarely Available Multifamily Offering in Silver Creek Area of San Jose
  • Proximate to Amazing Recreation, Retail, and Restaurant Options
  • Newer Roof: 2020 with Permits

Executive Summary

3557 San Felipe Road is a charming 5-unit property located near the highly desireable Silver Creek area of San Jose. The property has a newer comp shingle roof (2020 with permit) and water heater (2024 with permit). All units are 1+1 with spacious layouts and ample closet space. Tenants benefit from a 2:1 on-site parking ratio and close proximity to recreation options such as Coyote Creek Trail, Evergreen Village Square and Duck Pond, and the 178 acre Hellyer County Park featuring playgrounds, dog park, hiking, picnic tables, fishing, biking, and courts.

Financial Summary (Actual - 2025) Click Here to Access

Annual (CAD) Annual Per SF (CAD)
Gross Rental Income $99,999 $9.99
Other Income $99,999 $9.99
Vacancy Loss $99,999 $9.99
Effective Gross Income $99,999 $9.99
Taxes $99,999 $9.99
Operating Expenses $99,999 $9.99
Total Expenses $99,999 $9.99
Net Operating Income $99,999 $9.99

Financial Summary (Actual - 2025) Click Here to Access

Gross Rental Income (CAD)
Annual $99,999
Annual Per SF $9.99
Other Income (CAD)
Annual $99,999
Annual Per SF $9.99
Vacancy Loss (CAD)
Annual $99,999
Annual Per SF $9.99
Effective Gross Income (CAD)
Annual $99,999
Annual Per SF $9.99
Taxes (CAD)
Annual $99,999
Annual Per SF $9.99
Operating Expenses (CAD)
Annual $99,999
Annual Per SF $9.99
Total Expenses (CAD)
Annual $99,999
Annual Per SF $9.99
Net Operating Income (CAD)
Annual $99,999
Annual Per SF $9.99

Property Facts

Price $1,755,580 CAD
Price Per Unit $351,116 CAD
Sale Type Investment
Cap Rate 5.72%
Gross Rent Multiplier 10.68
No. Units 5
Property Type Multifamily
Property Subtype Apartment
Building Class C
Lot Size 0.21 AC
Building Size 3,032 SF
Average Occupancy 60%
No. Stories 2
Year Built 1945
Parking Ratio 1.64/1,000 SF
Zoning R1B2

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
1+1 5 $2,630 CAD 600
Fairly walkable
50/100
Exceptionally drivable
100/100
Limited public transit
30/100
Fairly bikeable
50/100

Property Taxes

Property Taxes

Parcel Number
676-33-008
Land Assessment
$138,657 CAD
Improvements Assessment
$332,823 CAD
Total Assessment
$471,481 CAD
Annual Taxes
-$1 CAD ($0.00 CAD/SF)
Tax Year
2025
  • Listing ID: 39960815

  • Date on Market: 2026-03-30

  • Last Updated:

  • Address: 3557 San Felipe Rd, San Jose, CA 95135

Link copied
Your LoopNet account has been created!

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, "rating") }}
255 character limit ({{ remainingChars() }} charactercharacters remainingover)
{{ getErrorText(feedbackForm.msg, "rating") }}
{{ getErrorText(feedbackForm.fname, "first name") }}
{{ getErrorText(feedbackForm.lname, "last name") }}
{{ getErrorText(feedbackForm.phone, "phone number") }}
{{ getErrorText(feedbackForm.phonex, "phone extension") }}
{{ getErrorText(feedbackForm.email, "email address") }}