5670 Via Monte Drive

San Jose, CA 95118

$1,675,000
Price
Beds
3,364 Sq. Ft.
$498 / Sq. Ft.
3,364
Sq. Ft.
$498
per Sq. Ft.

Description

We are pleased to present the opportunity to acquire 5670 Via Monte Dr, a four (4) unit apartment building located a short walk to Almaden Plaza, Oakridge Mall, Whole Foods and Pioneer Highschool. Constructed in 1963, the property is one of few in the subdivision that features (2) 2bed2bath units along with (2)2bed1bath units. The property provides spacious private outdoor balconies or patios for all units, with the opportunity to fence off even more. Notable capital improvements include a 2023 re-roof...We are pleased to present the opportunity to acquire 5670 Via Monte Dr, a four (4) unit apartment building located a short walk to Almaden Plaza, Oakridge Mall, Whole Foods and Pioneer Highschool. Constructed in 1963, the property is one of few in the subdivision that features (2) 2bed2bath units along with (2)2bed1bath units. The property provides spacious private outdoor balconies or patios for all units, with the opportunity to fence off even more. Notable capital improvements include a 2023 re-roof and a copper re-pipe in the 90s. San Jose City Inspections were recently passed, giving a new owner three years until the next one. The property features easy access to Almaden Expwy and Highway 85. Finally, the property is surrounded by renowned tech companies including Google, Apple, and Cisco Systems.
  1. Listed by Kyle De Mattei • DRE #02146792 • Brokerage DRE #02214785 • Magnify Real Estate • 408-334-3226

Property Details for 5670 Via Monte Drive

MLS City Name
SAN JOSE
Building Type
FOURPLEX
Garage Spaces
0
Parking Spaces
0
LISTING UPDATED: 12/16/2024 10:25 AM

Property Details for 5670 Via Monte Drive

StatusActive
MLS #ML81988296
Days on Compass7
Taxes$21,323 / year
HOA Fees$357
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeRESIDENTIAL INCOME / Fourplex
Year Built1963
Lot Size0.17 AC / 7,440 SF
CountySanta Clara County

Building Information for 5670 Via Monte Drive

Stories2Residences4Year Built1963Building Size-Lot Size0.17 AC / 7,440 SF

Property Information for 5670 Via Monte Drive

Features
Features
  • Fireplace: No
  • Living SqFt: 3364
  • Pool: No
  • Security Features: None
  • Special Features: Parking
Utilities
  • Cooling: None
  • Heating: Gas, Wall Furnace
  • Meters: Master Electric, Master Gas, Master Water, Separate Electric, Separate Gas
  • Sewer Septic: Sewer - Public
  • Utilities: Individual Electric Meters, Individual Gas Meters
  • Water: Public
Carport and Parking
  • Carport Min: 4
Garage
  • Garage and Parking: Carport
Property Details
Homeowners Association
  • HOA Exists: 1
  • HOA Fee: $357
Property Details
  • Area Text: Cambrian
  • Roof: Composition
  • Subclass: Fourplex
  • Year Built Source: Assessor
  • Street Number: 5670
  • Street Name: Via Monte
  • Street Suffix: Drive
  • Area ID: 14
Lot / Property Details
Building Information
  • Number Of Stories: 2
  • Number of Buildings: 1
  • Structure SqFt: 3364
  • Structure SqFt Source: Assessor
  • Age: 61
Development Information
  • Zoning Detail: RM
Location Information
  • Parcel Number: 567-52-020
  • County Name: Santa Clara
  • City Name: SAN JOSE
  • City Postal ID: 58
  • Postal Code: 95118
  • Elementary School District: 482
  • High School District Text: San Jose Unified
Lot Information
  • Foundation: Wood Frame
  • Horse Property: No
  • Lot Acres: .17
  • Lot Size Area Maximum Units: Square Feet
  • Lot Size Area Minimum Units: Square Feet
  • Lot Size Source: Assessor
Multi Family Information
Building Information
  • No Of Leased: 4
General Information
  • Annual Tax Amount: $21,323
  • Building Unit Total: 4
  • Capitalization Rate: 3.64
  • Tenant Expenses: Utilities - Electric, Utilities - Gas
  • Income Includes: Rents
  • Vacancy Factor: 3
Income / Expense Details
  • Expense Insurance: $1,700
  • Expense Landscape: $600
  • Expense Maintenance: $3,000
  • Expense Management: $0
  • Expense Trash: $6,000
  • Expenses Other: $0
  • Expenses Utility: $5,400
  • Expenses Total: $38,023
  • Operating Expenses Include: Fee - Other Taxes, Fee - Property Tax, Insurance, Maintenance - Repair, Services - Gardener, Services - Trash Removal, Utilities, Utilities - Water
  • Gross Rent Multiplier: 16.42
  • Income Annual Gross: $98,948
  • Income Annual Rental: $102,008
  • Income Gross Scheduled: $102,008
  • Income Other: $0
Unit 1 Information
  • Unit 1 Full Bathrooms: 1
  • Unit 1 Number of Bedrooms: 2
  • Unit 1 Rent: $2,110
Unit 2 Information
  • Unit 2 Approx Square Footage: 865
  • Unit 2 Full Bathrooms: 2
  • Unit 2 Number of Bedrooms: 2
  • Unit 2 Rent: $2,244
Unit 3 Information
  • Unit 3 Approx Square Footage: 815
  • Unit 3 Full Bathrooms: 1
  • Unit 3 Number of Bedrooms: 2
  • Unit 3 Rent: $2,169
Unit 4 Information
  • Unit 4 Approx Square Footage: 865
  • Unit 4 Full Bathrooms: 2
  • Unit 4 Number of Bedrooms: 2
  • Unit 4 Rent: $2,100
Unit Type 1
  • Unit Type1 Approx SqFt: 815

Property History for 5670 Via Monte Drive

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Public Records for 5670 Via Monte Drive

Taxable ValueLand$134,513Additions$335,306Total$469,819
Tax Record2024$7,495 ($625 / month)
Home Facts
Total Finished SqFt3,364 SqFtAbove Grade Finished SqFt3,364 SqFtStories2Lot Size7,440 SqFtStyleQuadraplexYear Built1963ZoningRMCountySANTA CLARAAPN567-52-020Fireplace TypeHas Fireplace

Schools near 5670 Via Monte Drive

This home is within San Jose Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Public - 9 to 12
Rating
School
Distance
Almaden Elementary School
PublicK to 5

Castillero Middle School
Public6 to 8

Pioneer High School
Public9 to 12

Broadway 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.

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5670 Via Monte Drive is a multi-family home for sale in San Jose, CA 95118. This property was listed for sale on December 11, 2024 by Magnify Real Estate, it's currently listed at $1,675,000. This listing's school district is San Jose Unified School District. Nearby schools include Almaden Elementary School, Castillero Middle School and Pioneer High School. 5670 Via Monte Drive is a 0-bed, 0-bath, 3,364 sqft multi-family home built in 1963.

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 Magnify Real Estate, Kyle De Mattei, DRE #02146792

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.