SoldDec 9, 2020

Listed by Carlos Azucena from Marcus & Millichap

Bought with Xiaozhu Kang from Compass

Source: Bay East, Contra Costa, EBRD #ML81810564

5723 Via Monte Drive, San Jose, CA, 95118

$1,480,000

3200 sq. ft.
7337 sq. ft.

Duplex

Sold: Dec 9, 2020

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About this property

HUGE PRICE REDUCTION! MOTIVATED SELLER! CAN BE PURCHASED WITH NEIGHBORING 5719 VIA MONTE DR. Attractively priced with strong rents and high in-place cap rate. Great rents! The property has an excellent unit mix consisting of four, spacious, two-bedroom one-bathroom flats. Select units have been upgraded with new kitchen cabinets and granite counter tops. Some units also have laminate flooring throughout and upgraded bathrooms. The property has been upgraded with dual pane windows throughout. The units average 800 square feet each. For parking there are individual enclosed garages and also ample street parking. There is an on-site laundry room for additional income. The property is walking distance from a Whole Foods anchored shopping center. Other tenants include Chick-fil-A, Peet's Coffee, Chipotle and Office Max. Across from the Whole Foods Shopping Center is the Almaden Plaza with over 60 retailers and services. Notable retailers are Costco, Trader Joe's, TJ Maxx, Ross.

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