




3691 Cape Cod Ct, San Jose, CA, 95117
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
Schools
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
- Inland Flooding
- Heat Wave
How This Home’s Risks Compare
FEMA Declared Disasters in Santa Clara County and California
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
| Monthly | Annual | |
|---|---|---|
| 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 |
Income You'd Need if You Spent...
California FAIR Plan Programs
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.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-05-07 | Price change | $1,948,000 |
| 2026-03-27 | Price change | $1,998,000 |
| 2026-02-13 | Price change | $2,048,000 |
| 2026-01-05 | Listed for sale | $2,098,000 |
| 2022-02-13 | Listing removed | -- |
| 2022-02-10 | Listed for rent | $2,150 |
| 2012-12-07 | Sold | $901,000 |
| 1994-12-23 | Sold | $295,000 |
