$1,598,000
$52K PRICE DROP

Estimated payment $10,762/month

Total Views 11,647
8 Beds
4 Baths
3,364 Sq Ft
$475 Price per Sq Ft

About This Home

5653 Via Monte Dr is an exceptional fourplex located in the thriving city of San Jose, California. Situated on a parcel of land totaling 8,614 square feet, the subject property was originally constructed in 1963 and features a gross building area of approximately 3,364 square feet, offering tenants beautifully designed two-bedroom floor plans. 5653 Via Monte Dr also offers tenants convenient amenities such as private carport parking, private backyards for ground-level units, and private balconies for upstairs units. 5653 Via Monte Dr is situated within the Cambrian neighborhood, known for its peaceful residential streets, beautiful parks, and desirable school district. The subject property is also within walking distance to many major retailers such as Target, Home Depot, Home Goods, and much more. Additionally, the subject property is within close proximity to San Jose State University and the historic Santa Clara University, ranked 54th nationally for undergraduate programs and 11th nationally for the executive MBA program based on U.S. News & World Report Rankings.

Listing Agent

Robert Johnston

Marcus & Millichap License #01853816 Listed on: 01/16/2026

Co-Listing Agent

Adam Levin

Marcus & Millichap License #01462752

Property Details

Home Type

  • Multi-Family

Year Built

  • 1963

Home Design

  • Quadruplex
  • Slab Foundation
  • Composition Roof

Interior Spaces

  • 3,364 Sq Ft Home
  • 2-Story Property

Parking

  • 4 Parking Spaces
  • 4 Carport Spaces

Utilities

  • Floor Furnace
  • Separate Meters
  • Individual Gas Meter

Listing and Financial Details

  • Month-to-Month Lease Term

Community Details

Overview

Building Details

  • 4 Leased Units
  • Gardener Expense $4,200
  • Insurance Expense $2,500
  • Maintenance Expense $2,000
  • Manager Expense $5,000
  • Other Expense $900
  • Utility Expense $4,000
  • Trash Expense $2,600
  • Operating Expense $42,565
  • Gross Income $109,279

Property Details

Home Type

Multi-Family

Year Built

1963

Lot Details

8,712 Sq Ft Lot

Listing Details

  • Zoning: R3H
  • Subclass: Fourplex
  • Listing Class: Residential Income (2-4 Units)
  • Structure Sq Ft: 3364
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1963

Interior Features

  • Living Sq Ft: 3364
  • Stories: 2

Exterior Features

  • Foundation: Concrete Slab
  • Roof: Composition

Garage/Parking

  • Parking Spaces: 4
  • Garage Parking Features: Covered Parking
  • Carport Min: 4

Utilities

  • Heating System: Floor Furnace
  • Sewer/Septic System: Sewer - Public

Lot Info

  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 8614.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 8614.00

Rental Info

  • Existing Lease Term(s): 1 Year Lease, Lease(s), Month To Month
  • Gross Rent Multiplier: 14.18
  • Number Of Leased: 4

Multi Family

  • Utilities: Individual Electric Meters, Individual Gas Meters
  • Expense Insurance: 2500
  • Expense Landscape: 4200
  • Expense Maintenance: 2000
  • Expense Management: 5000
  • Expenses Other: 900
  • Expenses Total: 42565
  • Expenses Utility: 4000
  • Expense Trash: 2600
  • Income Annual Gross: 109279.00
  • Income Annual Rental: 111699
  • Income Gross Scheduled: 112659
  • Income Includes: Laundry, Parking
  • Income Other: 960
  • Meters: Separate Electric, Separate Gas
  • Number Of Buildings: 1
  • Operating Expenses Include: Contract Services, Fee - License/Advertising, Fee - Property Tax, Maintenance, Services - Trash Removal, Utilities - Electric, Utilities - Water
  • Tenant Expenses: Utilities - Electric, Utilities - Gas
  • Vacancy Factor: 3

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2026 $23,860 $1,840,602 $1,115,517 $725,085
2025 $23,860 $1,804,513 $1,093,645 $710,868
2024 $22,403 $1,769,131 $1,072,201 $696,930
2023 $21,968 $1,734,443 $1,051,178 $683,265
2022 $21,806 $1,700,435 $1,030,567 $669,868
2021 $21,391 $1,667,094 $1,010,360 $656,734
2020 $21,044 $1,650,000 $1,000,000 $650,000
2019 $16,258 $1,241,612 $902,026 $339,586
2018 $16,111 $1,217,268 $884,340 $332,928
2017 $15,983 $1,193,400 $867,000 $326,400
2016 $15,733 $1,170,000 $850,000 $320,000
2015 $12,215 $875,648 $463,920 $411,728
2014 $11,976 $858,496 $454,833 $403,663
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
08/24/2026 08/24/26 Price Changed $1,598,000 -6.0% $475 / Sq Ft
01/16/2026 01/16/26 For Sale $1,700,000 -- $505 / Sq Ft
Source: MLSListings

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Type Sale Price Title Company
Interfamily Deed Transfer -- Accommodation
Grant Deed $1,650,000 First American Title Company
Grant Deed $1,170,000 Pacific Coast Title Company
Grant Deed $755,000 New Century Title Company
Interfamily Deed Transfer -- Old Republic Title Company
Interfamily Deed Transfer -- Alliance Title Company
Interfamily Deed Transfer -- Old Republic Title Company
Grant Deed $725,000 Old Republic Title Company
Grant Deed $479,000 Chicago Title Co
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Loan Amount Loan Type
Open $891,000 New Conventional
Closed $960,000 New Conventional
Closed $1,320,000 New Conventional
Previous Owner $500,000 Purchase Money Mortgage
Previous Owner $522,893 Adjustable Rate Mortgage/ARM
Previous Owner $528,500 Purchase Money Mortgage
Previous Owner $545,000 Purchase Money Mortgage
Previous Owner $528,700 No Value Available
Previous Owner $431,100 No Value Available
Source: Public Records

Source: MLSListings

MLS Number: ML82055105

MLSListings

APN: 567-52-034

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