
San Jose, California 95118
This Strategic Residential Income Quadruplex is offered at a newly adjusted List Price of $1,650,000, representing a stable asset aligned with its $1,571,489 Fair Market Value. Featuring a Functional Condition Rating, the property offers four 2-bedroom units with private balconies and patios, having already passed mandatory SB-721 inspections. Located in the San Jose Unified School District near Almaden Plaza, the asset benefits from consistent rental demand with local comparable sales reaching $1,900,000. With significant value-add potential, this is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants looking to house-hack.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 5653 Via Monte Drive Subject | $1,650,000* List Price | 0 | 0 | 3,364 | $467 | - |
A 5702 Tucson Dr Sold | $1,750,000 | 0 | 0 | 3,364 | $520 | 0.1 mi |
B 5699 Tucson Drive Sold | $1,900,000 | 0 | 0 | 3,808 | $499 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1963, this 4plex is in functional condition but shows significant signs of age. While some units feature newer laminate flooring, the interiors remain dated with popcorn ceilings and older bathroom fixtures. The property requires further cosmetic and system upgrades to reach modern standards, though it has been maintained well enough to pass recent safety inspections.
Situated near Almaden Plaza and major transit routes like Highway 85, the property offers tenants exceptional access to retail, dining, and Silicon Valley employment hubs.
The 4plex consists entirely of spacious 2-bedroom units featuring private outdoor spaces and covered parking, which typically command higher rents and lower vacancy rates.
The building has already passed the mandatory SB-721 balcony and walkway inspection, providing peace of mind and saving the buyer from immediate costly compliance repairs.
Built in 1963, the property may require more frequent maintenance and potential upgrades to aging systems compared to newer multi-family assets.
While functional, the property requires further interior and exterior upgrades to fully realize its rental growth potential and maximize investor returns.
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.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 0.0 | 0.0 | 50% |
| Baths | 0.0 | 0.0 | 50% |
| Square foot | 3,364 | 3,364 | 50% |
| Lot Size | 8,614 | 8,614 | 50% |
| Price | $1.65M | $1.72M | 33% |
| Price per sq ft | $490 | $520 | 33% |
| Built year | 1963 | 1963 | 50% |
| HOA | $0 | $0 | 50% |
| Days on market | 96 | 96 | 67% |
Apr 4, 2026
$1,650,000
$1,700,000
-3% Price Drop
Initial Listing
Jan 16, 2026
$1,700,000
Initial Listing
Dec 11, 2019
$1,650,000
Public Record
Jul 8, 2015
$1,170,000
Public Record
Nov 17, 2004
$755,000
Public Record
Apr 23, 2001
$725,000
Public Record
Jun 11, 1999
$479,000
Public Record