3518 Alden Way

San Jose, CA 95117

$1,699,000
Price
6
Beds
4
Baths
2,986 Sq. Ft.
$569 / Sq. Ft.
2,986
Sq. Ft.
$569
per Sq. Ft.

Description

Investment Opportunity: Fully Leased 4-Unit Multi-Family Property in Prime San Jose Location Discover a stellar investment opportunity in one of San Jose's most coveted neighborhoods! Presenting a fully leased 4-unit multiplex, ideally situated near the vibrant Santana Row. This property is nestled just minutes from the renowned Santana Row, offering tenants easy access to upscale dining, shopping, and entertainment. Enjoy the best of San Jose's lifestyle amenities right at your doorstep. The well-maintained...Investment Opportunity: Fully Leased 4-Unit Multi-Family Property in Prime San Jose Location Discover a stellar investment opportunity in one of San Jose's most coveted neighborhoods! Presenting a fully leased 4-unit multiplex, ideally situated near the vibrant Santana Row. This property is nestled just minutes from the renowned Santana Row, offering tenants easy access to upscale dining, shopping, and entertainment. Enjoy the best of San Jose's lifestyle amenities right at your doorstep. The well-maintained multiplex is currently fully leased, providing immediate rental income and a reliable cash flow from day one. One unit has a private balcony and another unit has a private patio. Each unit has one carport parking space and additional storage space. Benefit from the high demand for rental properties in this sought-after area, with its blend of convenience and luxury attracting a steady stream of tenants. With its desirable location, stable income, and potential for long-term appreciation, this property is a prime addition to any real estate portfolio. Don't miss out on this exceptional opportunity to own a thriving multi-family property in San Jose's bustling heart. Contact us today to learn more and schedule a viewing!

Listing Agents

  1. Lotus Hsiao

    Lotus Hsiao

    Listing Agent

    Compass

    DRE #01901156

    lotus.hsiao@compass.com

    P: (415)-624-4818

  2. Alden Wong

    Alden Wong

    Alternative Listing Agent

    Compass

    DRE #01740276

    alden.wong@compass.com

    P: (415)-793-1577

Property Details for 3518 Alden Way

Parking Features
Covered
Zoning
R3
Cross Street
Cypress Ave.
Total Parking Spaces
4
LISTING UPDATED: 10/26/2024 12:44 PM

Property Details for 3518 Alden Way

StatusActive
MLS #424063054
Days on Compass65
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income / Quadruplex
Year Built1957
Lot Size0.16 AC / 6,969 SF
CountySanta Clara County

Building Information for 3518 Alden Way

Stories2Residences4Year Built1957Building Size-Lot Size0.16 AC / 6,969 SF

Property Information for 3518 Alden Way

Summary
Location and General Information
  • Area/District: 21189
  • Area Short Display: 21189
  • Location Description: 21189
Taxes and HOA Information
  • APN: 303-29-018
  • City Transfer Tax Rate: .00%
  • County Transfer Tax Rate: .00%
  • Association: No
Parking
  • Covered Spaces: 4
  • Independent Parking Spaces: 0
  • Carport Spaces: 0
  • Garage Spaces: 0
  • Tandem Parking Spaces: 0
  • Open Parking Spaces: 0
  • Num of Parking Spaces: 4.0
  • Parking: Covered
Virtual Tour
  • Virtual Media Count: 0
Property
Lot Information
  • Square Footage Source: Assessor Auto-Fill
  • Year Built Source: Other
  • Lot Size Source: Assessor Auto-Fill
  • Lot Features: Cul-De-Sac
Property and Assessments
  • Possession: Close of Escrow
  • Picture Count: 22
  • Photos Provided By: Agent
  • Elevation: 0
  • Disclosures/Documents: Disclosure Package Available
  • Units Furnished: None
Green Features
  • Green Verification Year: 0
Utilities
  • Separate Meters: Electricity
  • Sewer: Public Sewer
  • Water Source: Meter Available, Water District
Interior and Exterior Features
Exterior Features
  • Elevation Units: Feet
  • # of Floors: 2
  • # of Guest Space(s): 0
  • # Of Buildings: 1
  • Stories: 2
  • Levels: Two
Interior Features
  • Full Bathrooms: 0
  • # of Rooms: 5
Room Information
1 Bedroom Unit
  • # of 1 Bedroom Units: 2
  • 1 Bedroom Annual Occupancy: .00%
  • # of 1 Bedrooms Occupied: 3
2 Bedroom Unit
  • # of 2 Bedroom Units: 2
  • 2 Bedroom Annual Occupancy: .00%
  • # of 2 Bedrooms Occupied: 1
3 Bedroom Unit
  • # of 3 Bedroom Units: 0
  • 3 Bedroom Annual Occupancy: .00%
  • # of 3 Bedrooms Occupied: 0
4 Bedroom Unit
  • # of 4 Bedroom Units: 0
  • 4 Bedroom Annual Occupancy: .00%
  • # of 4 Bedrooms Occupied: 0
Multi Family
Income & Expenses
  • Gross Rent Multiplier: 18.65
  • Gross Income Multiplier: 0.0
  • Utilities Expense: 7614.0
Multi-Family Information
  • # Commercial Units: 0
  • Total # Owner Occupied: 0
  • # Studios Occupied: 0
  • # of Studio Units: 0
  • # of Units: 4
  • # Of Units Total: 4
  • # Of Units Vacant: 0
  • # Of Units Leased: 4
  • Total # Leasable: 0
  • Total # Section 8: 0
Unit 1
  • Unit 1 Bedrooms: 2
  • Unit 1 Description: Leased
  • Unit 1 Full Baths: 1
  • Unit 1 Partial Baths: 0
  • Unit 1 Occupancy: Tenant
  • Unit 1 Rent: $2,409.00
  • Unit 1 Approx SqFt: 847.0
  • Unit 1 SqFt Source: Not Measured
  • Unit 1 # of Rooms: 2
  • Unit 1 Type: Apartment
Unit 2
  • Unit 2 Bedrooms: 1
  • Unit 2 Description: Leased
  • Unit 2 Full Baths: 1
  • Unit 2 Partial Baths: 0
  • Unit 2 Occupancy: Tenant
  • Unit 2 Rent: $1,795.00
  • Unit 2 Approx SqFt: 647.0
  • Unit 2 SqFt Source: Not Measured
  • Unit 2 # of Rooms: 2
Unit 3
  • Unit 3 Bedrooms: 1
  • Unit 3 Description: leased
  • Unit 3 Full Baths: 1
  • Unit 3 Partial Baths: 0
  • Unit 3 Occupancy: Tenant
  • Unit 3 Rent: $1,545.00
  • Unit 3 Approx SqFt: 647.0
  • Unit 3 SqFt Source: Not Measured
  • Unit 3 # of Rooms: 2
  • Unit 3 Type: Apartment
Unit 4
  • Unit 4 Bedrooms: 2
  • Unit 4 Description: leased
  • Unit 4 Full Baths: 1
  • Unit 4 Partial Baths: 0
  • Unit 4 Occupancy: Tenant
  • Unit 4 Rent: $2,304.00
  • Unit 4 Approx SqFt: 847.0
  • Unit 4 SqFt Source: Not Measured
  • Unit 4 # of Rooms: 2
  • Unit 4 Type: Apartment
Rental
Rent Information
  • # Of Units Month to Month: 0
  • Studio Annual Occupancy: .00%

Property History for 3518 Alden Way

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 3518 Alden Way

Taxable ValueLand$557,560Additions$467,650Total$1,025,210
Tax Record2024$14,396 ($1,200 / month)
Home Facts
Total Finished SqFt2,986 SqFtAbove Grade Finished SqFt2,986 SqFtStories2Lot Size7,020 SqFtStyleQuadraplexYear Built1957ZoningR3CountySANTA CLARAAPN303-29-018Fireplace TypeHas Fireplace

Schools near 3518 Alden Way

This home is within Campbell Union School District.
Rating
School
Type
Grades
Distance
Charter - K to 5
Charter - 6 to 8
Public - 9 to 12
Public - 9 to 12
Rating
School
Distance
Lynhaven Elementary School
CharterK to 5

Monroe Middle School
Charter6 to 8

Del Mar High School
Public9 to 12

Boynton High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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Similar Sold Homes

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3518 Alden Way is a multi-family home for sale in San Jose, CA 95117. This property was listed for sale on September 6, 2024 by Compass, it's currently listed at $1,699,000. It has been on the market for a total of 65 days and was last sold on January 9, 2004. This listing's school districts are Campbell Union School District, Campbell Union High School District. Nearby schools include Lynhaven Elementary School, Monroe Middle School and Del Mar High School. 3518 Alden Way is a 6-bed, 4-bath, 2,986 sqft multi-family home built in 1957.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Compass, Lotus Hsiao, DRE #01901156; Compass, Alden Wong, DRE #01740276

Based on information from one of the following Multiple Listing Services: San Francisco Association of Realtors, the MLSListings MLS, the BAREIS MLS, the EBRD MLS, Shasta Association of REALTORS® Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by San Francisco Association of Realtors, the MLSListings MLS, the BAREIS MLS, the EBRD MLS, Shasta Association of REALTORS® is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.