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!
Sold for $1,650,000
$1,650,000
3518 Alden Way, San Jose, CA 95117
6beds
2,986sqft
Quadruplex
Built in 1957
-- sqft lot
$1,583,900 Zestimate®
$553/sqft
$3,055 Estimated rent
Home value
$1,583,900
$1.44M - $1.74M
$3,055/mo
Zestimate® history
Owner options
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$3,055/mo
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$3,055/mo
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$10,497/mo
Est. payment
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$10,497/mo
Est. payment
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Zillow last checked:
Listing updated:
Listed by:
Lotus C. Hsiao DRE #01901156 415-624-4818,
Compass 415-660-9955
Bought with:
Tina Wu, DRE #02095689
KW Santa Clara Valley Inc
Source: SFAR,MLS#: 425004845
Originating MLS: San Francisco Association of REALTORS
Originating MLS: San Francisco Association of REALTORSFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 4
- Full bathrooms: 4
Interior area
- Total structure area: 2,986
- Total interior livable area: 2,986 sqft
Property
Parking
- Total spaces: 4
- Parking features: Covered
- Covered spaces: 4
Features
- Levels: Two
- Stories: 2
Lot
- Size: 6,970 Square Feet
- Features: Cul-De-Sac
Details
- Parcel number: 30329018
- Zoning: R3
- Special conditions: Offer As Is,Standard,Other
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Quadruplex
Condition
- Year built: 1957
Utilities & green energy
- Electric: Separate Meter
- Sewer: Public Sewer
- Water: Meter Available, Water District
Community & HOA
HOA
- Has HOA: No
Location
- Region: San Jose
- Elevation: 0
Financial & listing details
- Price per square foot: $553/sqft
- Tax assessed value: $1,045,714
- Annual tax amount: $14,877
- Price range: $1.7M - $1.7M
- Date on market: 1/21/2025
- Listing terms: 1031 Exchange,Cash,Conventional
- Total actual rent: 8053
Price history
| Date | Event | Price |
|---|---|---|
| 1/21/2025 | Sold | $1,650,000-2.9%$553/sqft |
Source:  SFAR #425004845 Report a problem | ||
| 10/23/2024 | Listed for sale | $1,699,000$569/sqft |
Source: SFAR #424063054 Report a problem | ||
| 10/16/2024 | Contingent | $1,699,000$569/sqft |
Source: SFAR #424063054 Report a problem | ||
| 9/7/2024 | Listed for sale | $1,699,000+131%$569/sqft |
Source: SFAR #424063054 Report a problem | ||
| 1/9/2004 | Sold | $735,500+5.1%$246/sqft |
Source: Public Record Report a problem | ||
| 10/27/2000 | Sold | $700,000$234/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $14,877 +3.3% | $1,045,714 +2% |
| 2024 | $14,396 +2.2% | $1,025,210 +2% |
| 2023 | $14,085 +0.6% | $1,005,109 +2% |
| 2022 | $14,005 +2.1% | $985,402 +2% |
| 2021 | $13,718 +1.9% | $966,081 +1% |
| 2020 | $13,459 | $956,176 +2% |
| 2019 | $13,459 +3.9% | $937,428 +2% |
| 2018 | $12,958 | $919,048 +2% |
| 2017 | $12,958 +1.3% | $901,028 +2% |
| 2016 | $12,793 +7.7% | $883,362 +1.5% |
| 2015 | $11,880 +4.1% | $870,094 +2% |
| 2014 | $11,409 | $853,051 +0.5% |
| 2013 | -- | $849,197 +17.5% |
| 2012 | -- | $723,000 -11.4% |
| 2011 | -- | $816,223 +0.8% |
| 2010 | -- | $810,124 -0.2% |
| 2009 | -- | $812,049 +2% |
| 2008 | -- | $796,127 +2% |
| 2007 | -- | $780,518 +2% |
| 2006 | -- | $765,214 +2% |
| 2005 | -- | $750,210 +1.1% |
| 2004 | -- | $741,876 +1.9% |
| 2003 | -- | $728,280 +2% |
| 2002 | -- | $714,000 +2% |
| 2001 | -- | $700,000 |
Find assessor info on the county website
Neighborhood: West San Jose
Nearby homes
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- $1,078,4001 bd1 ba-- sqft3512 Alden Way APT 2, San Jose, CA 95117Off Market
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Nearby schools
GreatSchools rating
- 6/10Lynhaven Elementary SchoolGrades: K-5Distance: 0.7 mi
- 2/10Monroe Middle SchoolGrades: 6-8Distance: 1.3 mi
- 5/10Del Mar High SchoolGrades: 9-12Distance: 2.1 mi
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Estimated market value
$1,583,900
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$1,583,900
- California
- Santa Clara County
- San Jose
- 95117
- West San Jose
- 3518 Alden Way
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Nearby neighborhoods
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