$1,888,888

5723 Via Monte Dr San Jose, CA 95118

Almaden Neighborhood

Estimated payment $12,161/month

Total Views 2,825
8 Beds
4 Baths
3,200 Sq Ft
$590 Price per Sq Ft

Highlights

  • Granite Countertops
  • Forced Air Heating System
  • Washer and Dryer
  • Pioneer High School Rated A-
  • Ceiling Fan
  • 5-minute walk to Chris Hotts Park

About This Home

An exceptional opportunity to own a completely renovated 4-unit multifamily property in the heart of San Jose. This turnkey asset features four beautifully updated 2 bedroom 1 bathroom units, each thoughtfully designed with modern finishes and premium amenities. Every unit boasts its own in-unit washer and dryer, brand-new kitchens with sleek cabinetry and stainless steel appliances, upgraded flooring, contemporary lighting, and stylish bathrooms. The exterior has been equally improved with a brand-new carport offering dedicated parking for each unit and a clean, low-maintenance curb appeal. With top-of-market rents already in place, this property is ideal for investors seeking strong, stable cash flow with minimal ongoing maintenance. Located in a high-demand rental market with proximity to major tech employers, transit, and shopping, this is a rare find offering both immediate income and long-term value.

Listing Agent

Dominic Gluhaich

Sterling Ventures License #02092371 Listed on: 04/17/2025

Property Details

Home Type

  • Multi-Family

Year Built

  • 1963

Lot Details

  • 7,440 Sq Ft Lot

Parking

  • 4 Car Garage
  • Assigned Parking

Home Design

  • Quadruplex
  • Rolled or Hot Mop Roof

Interior Spaces

  • 3,200 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Crawl Space
  • Washer and Dryer

Kitchen

  • Range Hood
  • Microwave
  • Freezer
  • Dishwasher
  • Granite Countertops
  • Disposal

Utilities

  • Forced Air Heating System
  • Vented Exhaust Fan

Listing and Financial Details

  • Month-to-Month Lease Term

Community Details

Overview

Building Details

  • 2 Leased Units
  • Insurance Expense $1,800
  • Maintenance Expense $2,000
  • Utility Expense $3,000
  • Trash Expense $3,600
  • Operating Expense $31,989
  • Gross Income $130,368

Property Details

Home Type

Multi-Family

Year Built

1963

Lot Details

0

Parking

4

Listing Details

  • Zoning: R3H
  • Subclass: Fourplex
  • Age: 62
  • Listing Class: Residential Income (2-4 Units)
  • Structure Sq Ft: 3200
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1963

Interior Features

  • Kitchen: Countertop - Granite, Dishwasher, Freezer, Garbage Disposal, Hood Over Range, Microwave, Exhaust Fan, Refrigerator
  • Living Sq Ft: 3200
  • Stories: 2
  • Laundry: Washer / Dryer

Exterior Features

  • Foundation: Sealed Crawlspace
  • Roof: Rolled Composition

Garage/Parking

  • Garage Spaces: 4
  • Parking Spaces: 4
  • Garage Parking Features: Assigned Spaces, Attached Garage

Utilities

  • Cooling System: Ceiling Fan
  • Heating System: Central Forced Air - Gas
  • Sewer/Septic System: Sewer - Public

Schools

  • School District: San Jose Unified
  • Elementary School: Almaden Elementary
  • Middle School: Castillero Middle
  • High School: Pioneer High
  • High School: 348
  • Elementary School: 356
  • Middle School: 338

Lot Info

  • Lot Acres: 0.1708
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 7440.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 7440.00

Rental Info

  • Existing Lease Term(s): 1 Year Lease, Month To Month
  • Gross Rent Multiplier: 14.05
  • Number Of Leased: 2

Multi Family

  • Utilities: Public Utilities
  • Expense Insurance: 1800
  • Expense Maintenance: 2000
  • Expenses Total: 31989
  • Expenses Utility: 3000
  • Expense Trash: 3600
  • Income Annual Gross: 130368.00
  • Income Annual Rental: 134400
  • Income Gross Scheduled: 134400
  • Income Includes: Rents
  • Meters: Separate Electric, Separate Gas, Separate Water
  • Number Of Buildings: 1
  • Operating Expenses Include: Maintenance, Services - Trash Removal
  • Tenant Expenses: Utilities - Electric, Utilities - Gas, Utilities - Hot Water, Utilities - Water
  • Vacancy Factor: 3

Map

Range of Values:

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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 Change Sq Ft Price
04/17/2025 04/17/25 For Sale $1,888,888 +14.8% $590 / Sq Ft
07/08/2024 07/08/24 Sold $1,645,000 -2.9% $514 / Sq Ft
05/17/2024 05/17/24 Price Changed $1,695,000 +0.9% $530 / Sq Ft
05/07/2024 05/07/24 Pending -- -- --
04/19/2024 04/19/24 For Sale $1,680,000 -- $525 / Sq Ft
Source: MLSListings

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Source: MLSListings

MLS Number: ML82014897

MLSListings

APN: 567-52-045

California Santa Clara County San Jose 95118 Almaden

5723 Via Monte Dr, San Jose, CA

This home is located at 5723 Via Monte Dr, San Jose, CA 95118 and is currently priced at $1,888,888, approximately $590 per square foot. This property was built in 1963. 5723 Via Monte Dr is a home located in Santa Clara County with nearby schools including Almaden Elementary School, Castillero Middle School, and Pioneer High School.

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Dominic Gluhaich
Listing Agent
Dominic Gluhaich
Section Image
Sterling Ventures
(408) 778-7474