5653 Via Monte Dr 4 Unit Apartment Building $1,700,000 ($425,000/Unit) 3.95% Cap Rate San Jose, CA 95118

Magnify is pleased to present 5653 Via Monte Drive, a well-maintained four-unit multifamily property located in a desirable neighborhood of San Jose. The property features an attractive unit mix with spacious 2-bedroom, 1-bathroom residences, each with a private balcony or yard, supporting consistent rental demand. The building recently passed the SB-721 inspection of the decks/walkways as well.
The two-story complex includes four covered carports and has benefited from ongoing upgrades throughout the units, reflecting thoughtful ownership and pride of care. Private outdoor spaces for each unit enhance tenant appeal, while the condition minimizes near-term capital expenditure requirements for new ownership. The building is also part of an HOA which provides access to a pool and security services.
Strategically located with convenient access to Almaden Expressway and Highway 85, the property is just blocks from Almaden Plaza, offering a wide range of retail, dining, and everyday services. Proximity to major Silicon Valley employers further strengthens long-term rental demand and value appreciation. This offering represents an excellent opportunity to acquire a stable, well-located asset in one of San Joses most resilient rental markets.