Property Details
About this Property
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.
MLS Listing Information
MLS #
ML82029860
MLS Source
MLSListings, Inc.
Days on Site
4
Interior Features
Kitchen
Exhaust Fan
Appliances
Dishwasher, Exhaust Fan, Garbage Disposal, Hood Over Range, Microwave, Oven Range, Refrigerator
Flooring
Carpet, Tile, Vinyl/Linoleum
Laundry
Coin Operated
Cooling
None
Heating
Wall Furnace
Exterior Features
Roof
Flat
Foundation
Concrete Perimeter
Parking, School, and Other Information
Garage/Parking
Assigned Spaces, Carport, Garage: 0 Car(s)
Elementary District
Moreland Elementary
High School District
Campbell Union High
Sewer
Public Sewer
Water
Public
Zoning
RM
Unit Information
| # Buildings | # Leased Units | # Total Units |
|---|---|---|
| 1 | 3 | 4 |
| Unit # | Sq Ft | Beds | Baths | Rent |
|---|---|---|---|---|
| 1 | 1,120 | 3 | 2/0 | $3,213 |
| 2 | 768 | 2 | 1/0 | $2,600 |
| 3 | 768 | 2 | 1/0 | – |
| 4 | 768 | 2 | 1/0 | $2,420 |
Neighborhood: Around This Home
Neighborhood: Local Demographics
Nearby Homes for Sale
3691 Cape Cod Ct is a Residential Income in San Jose, CA 95117. This 3,584 square foot property sits on a 7,260 Sq Ft Lot and features – bedrooms & – full bathrooms. It is currently priced at $2,098,000 and was built in 1964. This address can also be written as 3691 Cape Cod Ct, San Jose, CA 95117.
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This listing information is up-to-date as of January 08, 2026. For the most current information, please contact Michael Shields, (408) 356-1900
