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3691 Cape Cod CourtSan Jose, CA 95117

For Sale

$2,098,000

Smart Buyer Rebate $20,980

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.

Listed by Michael Shields

·

License #01327546

·

SiliconValley MultiFamilyGroup

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408-356-1900

Last updated January 07, 2026

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Source: MLSListings #ML82029860

Listing Facts

  • TypeMulti-family
  • NeighborhoodStarbird
  • Days on Prevu25
  • Taxes$28,651/year
  • Size3,584 sqft
  • Price per sqft$585

Amenities

  • Dishwasher
  • Pets Allowed
  • Parking

Location

Mortgage Calculator

Listing History

01/27/2026
Status changed to Active
$2,098,000
01/22/2026
Status changed to Removed from Feed
$2,098,000
01/05/2026
Listed by SiliconValley MultiFamilyGroup
$2,098,000

Property Details for 3691 Cape Cod Court

Exterior

Construction

  • Number Of Units Total: 4
  • Roof: Flat
  • Stories: 2
  • Year Built: 1964
  • Year Built Details: 2

Measurements

  • Building Area Total: 3,584
  • Lot Size Area: 7,260
  • Lot Size Source: Assessor
  • Lot Size Square Feet: 7,260
  • Lot Size Units: Square Feet

Financial

Residential Income

  • Cap Rate: 3.81
  • Gross Income: $126,038.00
  • Operating Expense Includes: Maintenance, Trash, Utilities, Water/Sewer

Taxes

  • Parcel Number: 299-07-008
  • Tax Annual Amount: $28,651.00

Interior

Features

  • Appliances: Dishwasher, Exhaust Fan, Garbage Disposal, Hood Over Range, Microwave, Oven Range, Refrigerator
  • Flooring: Carpet, Tile, Vinyl/Linoleum

Measurements

  • Living Area: 3,584

Parking

Parking

  • Carport Spaces: 4
  • Carport: Yes
  • Parking Features: Assigned Spaces, Carport

Schools

Elementary School

  • Elementary School: Leroy Anderson Elementary
  • Elementary School District: Moreland Elementary

High School

  • High School: Prospect High
  • High School District: Campbell Union High

Middle or Junior School

  • Middle Or Junior School: Moreland Middle

Utilities

Equipment

  • Heating: Wall Furnace
  • Laundry Features: Coin Operated
  • Sewer: Public Sewer
  • Utilities: Public Utilities, Water - Public
  • Water Source: Public

Frequently Asked Questions

How many bedrooms does this multi-family home have?

There is bedrooms in this multi-family home at 3691 Cape Cod Court.

What schools are nearby to 3691 Cape Cod Court?

Nearby schools include the Leroy Anderson Elementary, Moreland Middle, and Prospect High.

What are the annual taxes for 3691 Cape Cod Court?

Annual taxes for this multi-family home are estimated at $28,651.

How does 3691 Cape Cod Court compare to other multi-family homes in Starbird?

This multi-family home is listed 21% above the average price for multi-family homes in Starbird and has been on the market for 24 more days than the typical home in this area.

What is the square footage on this multi-family home?

According to the MLS, this listing is 3,584 sqft.

3691 Cape Cod Court is a -bedroom multi-family home for sale in San Jose CA 95117. Available on Prevu for 25 days at $2,098,000. This property features 3,584 square feet of living space, located in San Jose. The median listing price for multi-family homes in this area is $1,730,000. Nearby schools include Leroy Anderson Elementary, Moreland Middle, and Prospect High. Additional amenities include dishwasher, pets allowed, and parking. Browse more multi-family home listings in San Jose.

Based on information from MLSListings™️ and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by Prevu or the MLS. Information is provided exclusively for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing.

Full MLS Disclaimers

Rebate estimate is indicative only and based on listing price and estimated buyer's agent commission paid by owner, if applicable. Final rebates are subject to Terms of Use and may vary due to final negotiated transaction terms.