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3691 Cape Cod Ct
For Sale $2,098,000 ($585.38 per Sq Ft)
$2,098,000 ($585.38 per Sq Ft)
- Unknown Bedrooms
- Unknown Bathrooms
- 3,584 Sq Ft
- 7,260 Sq Ft
Description
This well-maintained fourplex represents a compelling entry point for first-time multifamily investors seeking stable cash flow in a proven rental market. 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. Total monthly rental income of $10,828 provides immediate cash flow while rents remain positioned near current market rates, offering potential upside as leases turn. Exceptional capital investment totaling over $275,000 since 2013. The owner has methodically upgraded every major building system and unit interior. Most significantly, 2024 saw complete replacement of all plumbing infrastructure including drains, supply lines, and sewer systems. New roof in 2022. Most units have been renovated: Unit 2 received extensive remodeling in 2024 ($58,634), Unit 4 was updated in 2021 ($28,147), Unit 3 in 2017 ($16,580), and Unit 1's townhouse configuration saw kitchen/bath upgrades in 2013 plus recent downstairs bathroom remodel in 2025 ($8,810). 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.
Amenities
Garage
Pool
Garden
Security System
Internet
Telephone
Heating
Fireplace
Balcony & Patio
TV / Cable
Laundry
Hardwood Floors
Spa
Air Conditioning
Solar Power
Floor Plan
Great Views
Natural Light
Quiet
Water View
Elevator
Guest Unit(s)
Furnished
220 Volt
Property Details
| List Price | $2,098,000 |
| Property Type | Fourplex (4-units) |
| Usable Sqft | 3,584 |
| Number of Stories | 2 stories |
| Parking Spots | 0 spots |
| Year Built | 1964 |
| Last Sold | Unknown |
| Sold Price | Unknown |
| APN # | 29907008 |
| MLS # | ML82029860 |
| Property ID | 294402769 |
| Lot Sqft | 7,260 |
| Zoning | RM |
| Days on Market | 18 |
| Original List Price | $2,098,000 |
| Applicances | Dishwasher,Disposal,Microwave,Refrigerator,Range Hood,Vented Exhaust Fan% |
| Date Updated | January 07, 2026 |
| Date Created | January 05, 2026 |
Listing Provided By
Michael Shields an agent of . Lic #01327546
© 2026 CRMLS. All rights reserved. Some listings on this website are from CRMLS as of January 07, 2026 The information being provided is for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
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Robert Crawford
REAL ESTATE AGENT