Share This Listing

Message

961 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

5653 Via Monte Dr 4 Unit Apartment Building $2,361,215 CAD ($590,304 CAD/Unit) 3.95% Cap Rate San Jose, CA 95118

Save this listing!

Favourite this listing to get notified of price updates, new media and more

INVESTMENT HIGHLIGHTS

  • Excellent Investment in a Prime San Jose Location – Four spacious units, each with 2 bedrooms and 1 bathroom
  • Well-Maintained Asset – Upgraded interiors and private outdoor spaces
  • High Rental Demand – Surrounded by major tech employers like Google, Apple, and Cisco
  • Strong Value Proposition – Stable rental income potential in a resilient market with long-term appreciation upside
  • Strategic Connectivity – Easy access to Almaden Expressway, Highway 85, and Almaden Plaza

EXECUTIVE SUMMARY

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.

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 $2,361,215 CAD
Price Per Unit $590,304 CAD
Sale Type Investment
Cap Rate 3.95%
Gross Rent Multiplier 16
No. Units 4
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low-Rise
Building Class C
Lot Size 0.20 AC
Building Size 3,364 SF
Average Occupancy 100%
No. Stories 2
Year Built 1963
Parking Ratio 2.38/1,000 SF
Zoning R3H, San Jose

AMENITIES

UNIT AMENITIES

  • Disposal

UNIT MIX INFORMATION

DESCRIPTION NO. UNITS AVG. RENT/MO SF
2+1 4 $3,411 CAD 841
Walk Score®
Very Walkable (80)
Bike Score®
Very Bikeable (70)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
567-52-034
Land Assessment
$1,519,018 CAD
Improvements Assessment
$987,360 CAD
Total Assessment
$2,506,378 CAD
Annual Taxes
-$1 CAD ($0.00 CAD/SF)
Tax Year
2025
  • Listing ID: 39100039

  • Date on Market: 2026-01-15

  • Last Updated:

  • Address: 5653 Via Monte Dr, San Jose, CA 95118

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") }}