5653 Via Monte Dr 4 Unit Apartment Building $2,260,500 CAD ($565,125 CAD/Unit) 4.07% Cap Rate San Jose, CA 95118

Magnify is pleased to present 5653 Via Monte Drive, a 4plex located in a desirable San Jose neighborhood, now offered at a newly adjusted price of $1.65M. The property presents a compelling value opportunity for investors to acquire a well-located asset with strong fundamentals and long-term upside.
The property features an attractive unit mix of spacious 2-Bed/1-Bath units, each with a private balcony or yard, supporting consistent rental demand. The building also passed the SB-721 inspection for decks and walkways.
The property includes four covered carports, while private outdoor spaces for each unit enhance tenant appeal. The building has seen various improvements over time, and the functional layout offers potential for further upgrades and rental growth.
Strategically located with convenient access to Almaden Expressway and Highway 85, the property is just blocks from Whole Foods and Almaden Plaza, offering a wide range of retail, dining, and everyday conveniences. Proximity to major Silicon Valley employers further supports long-term rental demand.
With its updated pricing and core location, 5653 Via Monte Drive represents an excellent opportunity for investors seeking a balance of current income and future upside in one of San Joses most established rental markets.