$1,735,000
SOLD AUG 13, 2025
8 Beds
4 Baths
3,400 Sq Ft
7,562 Sq Ft Lot

Recently Sold

$510 Per Sq Ft

2% Above List Price

18 Days on Market

Highlights

  • 0.17 Acre Lot
  • Ceiling Fan
  • Coin Laundry
  • Los Alamitos Elementary School Rated A-

About This Home

As of August 2025

We are pleased to present 5683 Hoffman Court in San Jose. This property features four spacious units, each consisting of 2 bedrooms and 1 bathroom, totaling approximately 3,400 square feet on a 7,560 square foot lot. The consistent unit mix and strong in-place rents in a highly desirable location make this an attractive investment opportunity with excellent tenant profiles. The property has been meticulously maintained and opportunistically upgraded by the current owner, ensuring a well-cared-for asset. These proactive measures contribute to the property's appeal and minimize potential immediate capital expenditures for new ownership. Located in a prime San Jose neighborhood with easy access to Almaden Expressway and Highway 85, the property is also within a few blocks of Almaden Plaza, offering a variety of retail, dining, and essential services. Its strategic location surrounded by renowned tech employers like Google, Apple, and Cisco Systems further enhances its rental desirability and long-term value appreciation, making it an ideal investment for stable returns and future growth.

Last Agent to Sell the Property

Will Riley

Magnify Real Estate License #02155155 Listed on: 06/11/2025

Co-Listed By

David Katz

Magnify Real Estate License #01971921

Last Buyer's Agent

Ray Pulawski

RE/MAX Santa Clara Valley License #01397972

RE/MAX Santa Clara Valley

Property Details

Home Type

  • Multi-Family

Year Built

  • 1962

Lot Details

  • 7,562 Sq Ft Lot

Home Design

  • Quadruplex
  • Wood Frame Construction
  • Shingle Roof
  • Composition Roof

Interior Spaces

  • 3,400 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Monitored

Parking

  • 4 Parking Spaces
  • Uncovered Parking

Utilities

  • Wall Furnace
  • Separate Meters

Listing and Financial Details

  • Total Actual Rent $115,200
  • Month-to-Month Lease Term

Community Details

Overview

Amenities

  • Coin Laundry

Building Details

  • 4 Leased Units
  • Gardener Expense $300
  • Insurance Expense $1,912
  • Maintenance Expense $3,000
  • Utility Expense $5,319
  • Trash Expense $2,700
  • Operating Expense $34,841
  • Gross Income $114,654

Property Details

Home Type

Multi-Family

Year Built

1962

Lot Details

0

Listing Details

  • Zoning: RM
  • Subclass: Fourplex
  • Listing Class: Residential Income (2-4 Units)
  • Structure Sq Ft: 3400
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1962

Interior Features

  • Living Sq Ft: 3400
  • Stories: 2
  • Security: Video / Audio System
  • Laundry: Coin Operated

Exterior Features

  • Foundation: Wood Frame
  • Roof: Composition, Shingle

Garage/Parking

  • Parking Spaces: 4
  • Garage Parking Features: Uncovered Parking

Utilities

  • Cooling System: Ceiling Fan
  • Heating System: Wall Furnace
  • Sewer/Septic System: Sewer - Public

Lot Info

  • Lot Acres: 0.1736
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 7560.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 7560.00

Rental Info

  • Existing Lease Term(s): 1 Year Lease, Month To Month
  • Gross Rent Multiplier: 14.38
  • Number Of Leased: 4

Multi Family

  • Utilities: Individual Electric Meters, Public Utilities
  • Expense Insurance: 1912
  • Expense Landscape: 300
  • Expense Maintenance: 3000
  • Expenses Total: 34841
  • Expenses Utility: 5319
  • Expense Trash: 2700
  • Income Annual Gross: 114654.00
  • Income Annual Rental: 115200
  • Income Gross Scheduled: 118200
  • Income Includes: Laundry, Rents
  • Income Other: 3000
  • Meters: Master Water, Separate Electric, Separate Gas
  • Number Of Buildings: 1
  • Operating Expenses Include: Fee - Property Tax, Insurance, Maintenance - Repair, Services - Gardener, Services - Trash Removal, Utilities, Utilities - Water
  • Tenant Expenses: Utilities - Electric, Utilities - Gas
  • Vacancy Factor: 3

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/13/2025 08/13/25 Sold $1,735,000 +2.1% $510 / Sq Ft
06/30/2025 06/30/25 Pending -- -- --
06/11/2025 06/11/25 For Sale $1,700,000 -- $500 / Sq Ft
Source: MLSListings

Tax History Compared to Growth

Source: Public Records

Tax History

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
2025 $15,834 $1,220,541 $781,199 $439,342
2024 $15,834 $1,196,610 $765,882 $430,728
2023 $15,496 $1,173,148 $750,865 $422,283
2022 $15,389 $1,150,146 $736,143 $414,003
2021 $15,066 $1,127,595 $721,709 $405,886
2020 $14,830 $1,116,034 $714,309 $401,725
2019 $14,540 $1,094,152 $700,303 $393,849
2018 $14,406 $1,072,699 $686,572 $386,127
2017 $14,289 $1,051,666 $673,110 $378,556
2016 $14,049 $1,031,046 $659,912 $371,134
2015 $13,929 $1,015,560 $650,000 $365,560
2014 $2,666 $109,272 $32,015 $77,257
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML82010581

MLSListings

APN: 567-49-034