3691 Cape Cod Court, San Jose, CA 95117
List Price: $2M
Listing Status: Active
Original List Price: $2.1M
0Days on Market: 98
0 Bedrooms · 0 Bathrooms · 3,584 sq ft
Property Type: ResidentialIncome
Year Built: 1964
Lot Size: 7,260 sq ft
Annual Property Tax: $28,651
MLS Number: ML82029860
About This Property
Price reduced! This 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 and a $10,000 credit to buyer toward closing costs. Ideal opportunity for an investor looking to upgrade or for the first time investor.