3691 Cape Cod CT, San Jose, CA 95117 – ML82029860 - Jason Born

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Jason Born

jason@jasonborn.com +1(650) 918-7048

Listed by Michael Shields • SiliconValley MultiFamilyGroup

$2,098,000

Est. payment - /mo

9 Beds

5 Baths

3,584 SqFt

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UPDATED:

Key Details

Property Type Multi-Family

Sub Type Fourplex

Listing Status Active

Purchase Type For Sale

Square Footage 3,584 sqft

Price per Sqft $585

MLS Listing ID ML82029860

Bedrooms 9

Full Baths 5

Year Built 1964

Lot Size 7,260 Sqft

Property Sub-Type Fourplex

Source MLSListings, Inc.

Property Description

This well-maintained fourplex represents a compelling entry point for first-time multifamily investors seeking stable cash flow in a proven rental market. Located in West San Jose's desirable rental corridor, the property offers four spacious units totaling 3,584 square feet on a 7,260 SF lot. Total monthly rental income of $10,828 provides immediate cash flow while rents remain positioned near current market rates, offering potential upside as leases turn. Exceptional capital investment totaling over $275,000 since 2013. The owner has methodically upgraded every major building system and unit interior. Most significantly, 2024 saw complete replacement of all plumbing infrastructure including drains, supply lines, and sewer systems. New roof in 2022. Most units have been renovated: Unit 2 received extensive remodeling in 2024 ($58,634), Unit 4 was updated in 2021 ($28,147), Unit 3 in 2017 ($16,580), and Unit 1's townhouse configuration saw kitchen/bath upgrades in 2013 plus recent downstairs bathroom remodel in 2025 ($8,810). Additional improvements include new water heaters, exterior painting, comprehensive termite treatment with tree removal, front post replacement, and new heating systems. Close to downtown Campbell and under three miles from Santana Row and Valley Fair.

Location

State CA

County Santa Clara

Area Campbell

Zoning RM

Rooms

Kitchen Dishwasher, Exhaust Fan, Garbage Disposal, Hood Over Range, Microwave, Oven Range, Refrigerator

Interior

Heating Wall Furnace

Cooling None

Flooring Carpet, Tile, Vinyl / Linoleum

Laundry Coin Operated

Exterior

Parking Features Assigned Spaces, Carport

Utilities Available Public Utilities

Roof Type Flat / Low Pitch

Building

Foundation Concrete Perimeter

Sewer Sewer - Public, Sewer Connected, Sewer in Street

Water Public

Others

Tax ID 299-07-008

Special Listing Condition Not Applicable

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Jason Born

Broker | License ID: 01472799

+1(650) 918-7048

3691 Cape Cod CT San Jose, CA 95117

Jason Born

Key Details

Location

Rooms

Interior

Exterior

Building

Others

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3691 Cape Cod CT