3691 Cape Cod Court, San Jose, CA 95117
Local realty services provided by:ERA North Orange County Real Estate
3691 Cape Cod Court,San Jose, CA 95117
$2,098,000
- - Beds
- - Baths
- 3,584 sq. ft.
- Multi-family
- Active
Listed by: michael shields408-356-1900
Office: siliconvalley multifamilygroup
MLS#:82029860
Source:CAREIL
Price summary
- Price:$2,098,000
- Price per sq. ft.:$585.38
About this home
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.
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Home facts
- Year built:1964
- Listing ID #:82029860
- Added:608 day(s) ago
- Updated:January 09, 2026 at 06:02 PM
Rooms and interior
- Living area:3,584 sq. ft.
Heating and cooling
- Heating:Wall Furnace
Structure and exterior
- Roof:Flat/Low Pitch
- Year built:1964
- Building area:3,584 sq. ft.
- Lot area:0.17 Acres
Schools
- High school:Prospect High
- Middle school:Moreland Middle
- Elementary school:Leroy Anderson Elementary
Utilities
- Water:City/Public
- Sewer:Connected, Sewer - Public, Sewer in Street
Finances and disclosures
- Price:$2,098,000
- Price per sq. ft.:$585.38
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