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3691 Cape Cod Ct, San Jose, CA, 95117

9beds
5baths
3,584sqft
$1,948,000
$544price/sqft
$13,127/moest. monthly cost
$525,080/yrincome needed

About This Home

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.

Getting Around

33
WalkingCar-Dependent
38
TransitSome Transit
65
BikeBikeable

Schools

7/10
Moreland Middle SchoolGrades 6-81.4 mi
8/10
Prospect High SchoolGrades 9-122.1 mi

Construction

Condition

  • Year built: 1964

Materials

  • Foundation: Concrete Perimeter
  • Roof: Flat

Type & Style

  • Home type: MultiFamily
  • Property subType: Quadruplex,Residential Income

Interior

Appliances

  • Appliances included: Dishwasher,Exhaust Fan,Disposal,Range Hood,Microwave,Oven/Range,Refrigerator
  • Laundry features: Coin Operated

Bedrooms & Bathrooms

  • Bedrooms: 9
  • Bathrooms: 5

Features

  • Door features: None
  • Window features: None
  • Flooring: Carpet,Tile,Vinyl Linoleum

Heating & Cooling

  • Heating features: Wall Furnace
  • Cooling features: None

Interior Area

  • Total structure area: 3,584
  • Total interior livable area: 3,584 sqft

Kitchen

  • Features: ExhaustFan

Property

Accessibility

  • Accessibility features: None

Details

  • Parcel number: 29907008
  • Zoning: RM
  • Special condition: Standard

Features

  • Stories: 2

Lot

  • Lot size: 7,260 sqft

Parking

  • Total spaces: 4
  • Parking features: Assigned,Carport
  • Covered spaces: 4
  • Carport: Yes
  • Carport spaces: 4

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Earthquake
    EarthquakeVery High
  • Inland Flooding
    Inland FloodingRelatively High
  • Heat Wave
    Heat WaveModerate

How This Home’s Risks Compare

Earthquake
Inland Flooding
Heat Wave

FEMA Declared Disasters in Santa Clara County and California

Earthquake
Flood
Mud Landslide
Severe Ice Storm
Severe Storm
Snowstorm
Straight Line Winds
Tropical Storm
Winter Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $9,850$118,200
Home Insurance *$148$1,776
Property Taxes $2,361$28,332
Electricity $768$9,222
Total$13,127$157,524
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$450,068/yr
40% on housing$393,810/yr
45% on housing$350,053/yr

California FAIR Plan Programs

California FAIR Plan Association

Covered
WildfireWildfire
Visit Website →
Current Policies
Residential: 417,310Commercial: 13,990
Total Premiums$1.42B
Total Exposure$429.84B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 7.1%
7.1%
0%30.0%
Electricity Growth Rate10-year average: 4.3%
4.3%
0%15.0%
Property Taxes Growth Rate2-year average: 1.0%
1.0%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$544This listing

vs Other Active Listings

Avg $/sqft

ZIP 95117$678
Santa Clara County$789

vs Homes Sold Last Month

Median $/sqft

ZIP 95117$1,190
Santa Clara County$1,052

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-05-07Price change$1,948,000
2026-03-27Price change$1,998,000
2026-02-13Price change$2,048,000
2026-01-05Listed for sale$2,098,000
2022-02-13Listing removed--
2022-02-10Listed for rent$2,150
2012-12-07Sold$901,000
1994-12-23Sold$295,000

For Sale by Agent

AgentMichael Shields
BrokerageSiliconValley MultiFamilyGroup

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