2 months on rocket

3518 Alden Way, San Jose, CA, 95117

$1,699,000

Home List Price

$10,000*

Closing Credit

6 Bedrooms
4 Full Baths
2,986 SqFt
$569/SqFt
Multi

Location

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3518 Alden Way, San Jose$1,699,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Contact Us Phone Number1 (855) 200-2001

Property Highlights

Home TypeQuadruplex
ParkingCovered
Year Built1957
MLS #424063054
Lot Size0.16 Acres
StatusActive

About 3518 Alden Way

Investment Opportunity: Fully Leased 4-Unit Multi-Family Property in Prime San Jose Location Discover a stellar investment opportunity in one of San Joses 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 Joses 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. Dont miss out on this exceptional opportunity to own a thriving multi-family property in San Joses bustling heart. Contact us today to learn more and schedule a viewing!

Property Details

Property Features

Property Information:

  • Year Built: 1957
  • Stories: 2
  • Living Area: 2,986 SqFt

Listing Office:

  • Office Name: Compass
  • Office Phone: (415) 660-9955
  • Listing Agent: Lotus C Hsiao, Alden P Wong

Interior Features

Bedroom and Bathroom Information:

  • Full Bathrooms: 4
  • Total Bedroom Count: 6

Exterior Features

Parking Information:

  • Parking: Covered

Lot Features

Lot Information:

  • Lot: Cul-De-Sac
  • Lot Size: 0.16 Acres

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,699,000
  • Price Per SqFt: $569/SqFt

Tax Information:

  • Annual Amount: $13,459
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in San Jose, CA.

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San Jose, CA

City

Med. Sold Price

$1.3M

Med. Price/SqFt

$882

Avg. Days On Market

19

# of Sold Homes

516

3518 Alden Way vs San Jose

71 DAYS ON ROCKET

+52 Days

$1,699,000

+$299.1K More

$569/SqFt

-$314 Less

KEY TAKEAWAY

This property is $299.1K more than the Median Sold Price and $314/SqFt less than other homes in San Jose, CA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: San Francisco Association of REALTORS®
  • MLS Number: #424063054

Listing Office:

  • Office Name: Compass
  • Office Phone: (415) 660-9955
  • Listing Agent: Lotus C Hsiao, Alden P Wong

IDXListings on this page identified as belonging to another listing firm are based upon data obtained from the SFAR MLS, which data is copyrighted by the San Francisco Association of REALTORS©, but is not warranted. IDX information is provided exclusively 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. Listing Broker has attempted to offer accurate data, but buyers are advised to confirm all data provided. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
© 2024 San Francisco Association of Realtors. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/17/2024, 6:20:55 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Jan 09, 2004Home Sold
$735,500
Oct 27, 2000Home Sold
$700,000

Tax History

YEARPROP. TAXASSESSMENT
2021$13,459$966,081
2020$13,459$956,176
2019$12,957$937,428
2018$12,958$919,048
2017$12,793$901,028

History based on county public records data.

Payment Calculator

$8,547

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$5,160

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NMLS#3030

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-546814
5
/10

  • Lynhaven Elementary School

  • 881 Cypress Ave

  • 0.70 miles

  • Public Charter Grades KG-5

school-card-donut-546815
6
/10

  • Westwood Elementary School

  • 435 Saratoga Ave

  • 0.80 miles

  • Public District Grades KG-5

school-card-donut-546816
4
/10

  • Leroy Anderson Elementary School

  • 4000 Rhoda Dr

  • 1.33 miles

  • Public District Grades KG-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $66,667. The majority of San Jose, CA residents have income between $35k-100k annually. Typical family type is single, no kids. The most common level of education of people living in this area is post secondary degree.

All data provided by Home Junction and Claritas

Rocket Homes›California›Santa Clara County›San Jose›95117›3518 Alden Way

This home is located at 3518 Alden Way in San Jose, CA and zip code 95117 in the West San Jose neighborhood. This 2,986 square foot home, which was built in 1957, sits on a 0.16 acre lot. Features: 6 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since September 07, 2024 and is currently priced at $1,699,000.

While more than 342 listings in San Jose, CA in October 2024 were sold above asking price, there were more than 40 listings sold at asking price, and more than 110 were sold below. The number of listings in San Jose, CA increased by 4.8% between September 2024 and October 2024. The median list price of listings available in October 2024 was $1,399,849, while the average time on the real estate market was 19 days.

From Rocket Homes Real Estate and based on county public records data.

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