3691 Cape Cod Ct San Jose, CA 95117
Blackford NeighborhoodEstimated payment $12,347/month
Highlights
- Tile Flooring
- Moreland Middle School Rated A-
- Coin Laundry
About This Home
Price reduced! This well-maintained fourplex provides and excellent 1031 exchange opportunity for an investor interested in upgrading from a single family home into a multifamily property. 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. Exceptional capital investment totaling over $275,000 since 2013. The owner has methodically upgraded every major building system and unit interiors. Most significantly, 2024 saw complete replacement of all plumbing infrastructure including drains, supply lines, and sewer systems. New roof in 2022. Renovated Units: Unit 2 - extensive remodeling in 2024. Unit 4 updated in 2021, Unit 3 in 2017, and Unit 1's townhouse configuration saw kitchen/bath upgrades in 2013 plus recent downstairs bathroom remodel in 2025. 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. Section 1 clearance provided before close and a $10,000 credit to buyer toward closing costs. Ideal opportunity for an investor looking to upgrade or for the first time investor.
Listing Agent
SiliconValley MultiFamilyGroup License #01327546 Listed on: 01/05/2026
Property Details
Home Type
- Multi-Family
Year Built
- 1964
Home Design
- Quadruplex
- Flat Roof Shape
- Concrete Perimeter Foundation
Interior Spaces
- 3,584 Sq Ft Home
- 2-Story Property
Kitchen
- Oven or Range
- Range Hood
- Microwave
- Dishwasher
- Disposal
Flooring
- Carpet
- Tile
- Vinyl
Parking
- 4 Carport Spaces
- Assigned Parking
Utilities
- Wall Furnace
- Vented Exhaust Fan
- Sewer Within 50 Feet
Listing and Financial Details
- Month-to-Month Lease Term
Community Details
Overview
Amenities
- Coin Laundry
Building Details
- 4 Leased Units
- Gardener Expense $1,850
- Insurance Expense $3,727
- Maintenance Expense $3,200
- Other Expense $778
- Utility Expense $7,800
- Operating Expense $46,006
- Gross Income $126,038
Map
Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 05/07/2026 05/07/26 | Price Changed | $1,948,000 | -2.5% | $544 / Sq Ft |
| 03/27/2026 03/27/26 | Price Changed | $1,998,000 | -2.4% | $557 / Sq Ft |
| 02/13/2026 02/13/26 | Price Changed | $2,048,000 | -2.4% | $571 / Sq Ft |
| 01/05/2026 01/05/26 | For Sale | $2,098,000 | -- | $585 / Sq Ft |
Source: MLSListings
MLS Number: ML82029860
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