Price Improvement! Well maintained fourplex provides and excellent 1031 exchange opportunity for an investor interested in upgrading from a single family home into a multifamily property. 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. Exceptional capital investment totaling over $275,000 since 2013. The owner has methodically upgraded every major building system and unit interiors. Most significantly, 2024 saw complete replacement of all plumbing infrastructure including drains, supply lines, and sewer systems. New roof in 2022. Renovated Units: Unit 2 - extensive remodeling in 2024. Unit 4 updated in 2021, Unit 3 in 2017, and Unit 1's townhouse configuration saw kitchen/bath upgrades in 2013 plus recent downstairs bathroom remodel in 2025. 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. Section 1 clearance provided before close. Ideal opportunity for an investor looking to upgrade or for the first time investor.
For sale
Price cut: $68K (8/11)
$1,880,000
3691 Cape Cod Ct, San Jose, CA 95117
9beds
5baths
3,584sqft
Quadruplex, Residential Income
Built in 1964
-- sqft lot
$1,846,500 Zestimate®
$525/sqft
$-- HOA
What's special
Recent downstairs bathroom remodelNew water heatersExterior paintingNew heating systems
- 238 days
- 244
- 3
Zillow last checked:
Listing updated:
Listed by:
Michael Shields 01327546 408-356-1900,
SiliconValley MultiFamilyGroup 408-356-1900
Source: MLSListings Inc,MLS#: ML82029860
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 9
- Bathrooms: 5
Kitchen
- Features: ExhaustFan
Heating
- Wall Furnace
Cooling
- None
Appliances
- Included: Dishwasher, Exhaust Fan, Disposal, Range Hood, Microwave, Oven/Range, Refrigerator
- Laundry: Coin Operated
Features
- Flooring: Carpet, Tile, Vinyl Linoleum
- Doors: None
- Windows: None
Interior area
- Total structure area: 3,584
- Total interior livable area: 3,584 sqft
Property
Parking
- Total spaces: 4
- Parking features: Assigned, Carport
- Carport spaces: 4
Accessibility
- Accessibility features: None
Features
- Stories: 2
Lot
- Size: 7,260 Square Feet
Details
- Parcel number: 29907008
- Zoning: RM
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Quadruplex, Residential Income
Materials
- Foundation: Concrete Perimeter
- Roof: Flat
Condition
- Year built: 1964
Utilities & green energy
- Gas: PublicUtilities
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Public Utilities, Water Public
Community & HOA
Location
- Region: San Jose
Financial & listing details
- Price per square foot: $525/sqft
- Tax assessed value: $1,131,694
- Annual tax amount: $28,651
- Date on market: 1/5/2026
- Listing agreement: ExclusiveAgency
- Listing terms: CashorConventionalLoan
- Inclusions: Building, DishwasherSomeUnits, FixturesandEquipment, OvenRangeAllUnits
- Lease term: Month To Month
Estimated market value
$1,846,500
$1.75M - $1.94M
$2,473/mo
Price history
| Date | Event | Price |
|---|---|---|
| 8/11/2026 | Price change | $1,880,000-3.5%$525/sqft |
Source:  MLSListings Inc #ML82029860 Report a problem | ||
| 5/7/2026 | Price change | $1,948,000-2.5%$544/sqft |
Source: MLSListings Inc #ML82029860 Report a problem | ||
| 3/27/2026 | Price change | $1,998,000-2.4%$557/sqft |
Source: MLSListings Inc #ML82029860 Report a problem | ||
| 2/13/2026 | Price change | $2,048,000-2.4%$571/sqft |
Source: MLSListings Inc #ML82029860 Report a problem | ||
| 1/5/2026 | Listed for sale | $2,098,000+132.9%$585/sqft |
Source: MLSListings Inc #ML82029860 Report a problem | ||
| 2/13/2022 | Listing removed | -- |
Source: Zillow Rental Network Premium Report a problem | ||
| 2/10/2022 | Listed for rent | $2,150$1/sqft |
Source: Zillow Rental Network Premium Report a problem | ||
| 12/7/2012 | Sold | $901,000+205.4%$251/sqft |
Source: Public Record Report a problem | ||
| 12/23/1994 | Sold | $295,000$82/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2026 | -- | $1,131,694 +2% |
| 2025 | $16,066 +2.5% | $1,109,505 +2% |
| 2024 | $15,678 +1.7% | $1,087,751 +2% |
| 2023 | $15,423 +1.3% | $1,066,423 +2% |
| 2022 | $15,224 +1.9% | $1,045,514 +2% |
| 2021 | $14,941 +1.4% | $1,025,014 +1% |
| 2020 | $14,731 | $1,014,504 +2% |
| 2019 | $14,731 +6% | $994,613 +2% |
| 2018 | $13,899 | $975,112 +2% |
| 2017 | $13,899 +1.2% | $955,993 +2% |
| 2016 | $13,730 +6.6% | $937,249 +1.5% |
| 2015 | $12,880 +3.2% | $923,172 +2% |
| 2014 | $12,479 | $905,089 +0.5% |
| 2013 | -- | $901,000 +128.4% |
| 2012 | -- | $394,484 +2% |
| 2011 | -- | $386,750 +0.8% |
| 2010 | -- | $383,861 -0.2% |
| 2009 | -- | $384,774 +2% |
| 2008 | -- | $377,231 +2% |
| 2007 | -- | $369,835 +2% |
| 2006 | -- | $362,585 +2% |
| 2005 | -- | $355,476 +2% |
| 2004 | -- | $348,507 +1.9% |
| 2003 | -- | $342,121 +2% |
| 2002 | -- | $335,414 +2% |
| 2001 | -- | $328,838 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
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Neighborhood: West San Jose
Nearby schools
Schools provided by the listing agent
- Elementary: LeroyAndersonElementary
- Middle: MorelandMiddle
- High: ProspectHigh
- District: MorelandElementary
Source: MLSListings Inc. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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