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    5723 Via Monte Drive

    San Jose, CA 95118
    • $1,498,000
    • STATUS: Active
    • ON SITE: 36 days
    • ID#: ML81810564
    Price Reduced
    UPDATED: 76 min ago
    $1,498,000
    • 0
      BEDS
    • 0.17
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 3,200
      SQFT
    • $468
      $/SQFT
    Type:
    Multi-Family
    Built:
    1963
    County:

    School Ratings & Info

    Description

    HUGE PRICE REDUCTION! MOTIVATED SELLER! CAN BE PURCHASED WITH NEIGHBORING 5719 VIA MONTE DR. Attractively priced with strong rents and high in-place cap rate. Great rents! The property has an excellent unit mix consisting of four, spacious, two-bedroom one-bathroom flats. Select units have been upgraded with new kitchen cabinets and granite counter tops. Some units also have laminate flooring throughout and upgraded bathrooms. The property has been upgraded with dual pane windows throughout. The units average 800 square feet each. For parking there are individual enclosed garages and also ample street parking. There is an on-site laundry room for additional income. The property is walking distance from a Whole Foods anchored shopping center. Other tenants include Chick-fil-A, Peet's Coffee, Chipotle and Office Max. Across from the Whole Foods Shopping Center is the Almaden Plaza with over 60 retailers and services. Notable retailers are Costco, Trader Joe's, TJ Maxx, Ross.

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    Bay East ©2020. CCAR ©2020. bridgeMLS ©2020. Information Deemed Reliable But Not Guaranteed. This information is being provided by the Bay East MLS, or CCAR MLS, or bridgeMLS. The listings presented here may or may not be listed by the Broker/Agent operating this website. This information is intended for the personal use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated at 2020-10-21T21:40:44.497.

    www.lucasgphomes.com/homes/109990579
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    5723 Via Monte Drive San Jose, CA 95118

    • Price: $1,498,000
    • Status: Active
    • Updated: 76 min ago
    • ID#: ML81810564
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.17
    Acres
    3,200
    SQFT
    $468
    $/SQFT
    1963
    Built
    Neighborhood:
    All Other Counties/States
    County:
    Santa Clara
    Area:
    All Other Counties/States
    Property Description
    HUGE PRICE REDUCTION! MOTIVATED SELLER! CAN BE PURCHASED WITH NEIGHBORING 5719 VIA MONTE DR. Attractively priced with strong rents and high in-place cap rate. Great rents! The property has an excellent unit mix consisting of four, spacious, two-bedroom one-bathroom flats. Select units have been upgraded with new kitchen cabinets and granite counter tops. Some units also have laminate flooring throughout and upgraded bathrooms. The property has been upgraded with dual pane windows throughout. The units average 800 square feet each. For parking there are individual enclosed garages and also ample street parking. There is an on-site laundry room for additional income. The property is walking distance from a Whole Foods anchored shopping center. Other tenants include Chick-fil-A, Peet's Coffee, Chipotle and Office Max. Across from the Whole Foods Shopping Center is the Almaden Plaza with over 60 retailers and services. Notable retailers are Costco, Trader Joe's, TJ Maxx, Ross.
    Exterior Features

    Parking Spaces Total 0 Roof Composition Shingles

    Interior Features

    Apx Sq Ft Unit1 800 Apx Sq Ft Unit2 800 Apx Sq Ft Unit3 800 Apx Sq Ft Unit4 800 Bedrooms Unit1 2 Bedrooms Unit2 2 Bedrooms Unit3 2 Bedrooms Unit4 2 Heating Wall Furnace

    Property Features

    Age 57 Annual Gross Sched Income 104660 Annual Rental Inc 103860 Annual Taxes 19245 Annual Utility Expense 3855 Building Type Fourplex Disclosures Nat Hazard Disclosure Operating Expenses ElectricGasMiscellaneous/OtherTrash RemovalVacancy FactorWater Rent Unit1 2200 Rent Unit2 2377 Rent Unit3 2200 Rent Unit4 1878 Tenant Pays ElectricGas Water Sewer Water - Public Zoning R3h

    Listing courtesy of Carlos Azucena of Marcus & Millichap.


    Bay East ©2020. CCAR ©2020. bridgeMLS ©2020. Information Deemed Reliable But Not Guaranteed. This information is being provided by the Bay East MLS, or CCAR MLS, or bridgeMLS. The listings presented here may or may not be listed by the Broker/Agent operating this website. This information is intended for the personal use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated at 2020-10-21T21:40:44.497.

     
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