About this home

The Zurich Group of Marcus & Millichap is pleased to exclusively present 3531 Alden Way, a nine unit apartment community located in the heart of West San Jose. The property features a desirable unit mix of spacious two bedroom, two bathroom apartments and offers investors strong in place income with additional upside potential through continued rental growth. Ideally situated just minutes from Santana Row, Valley Fair, Apple, NVIDIA, and the expanding OpenAI campus, the location provides exceptional access to Silicon Valley's largest employment centers and premier shopping and dining. 3531 Alden Way presents an outstanding opportunity to acquire a well located multifamily investment in one of the region's most desirable rental markets. The neighboring property at 3537 Alden Way (8 units) is also available, providing the flexibility to purchase either property individually or both together as a 17 unit portfolio. Offering Memorandum and Deal Room access are available upon request.

Facts and features

Schools

• Lynhaven Elementary School

  elementary · K-5 · 0.8 mi

  6

• Monroe Middle School

  middle · 6-8 · 1.4 mi

  2

• Del Mar High School

  high · 9-12 · 2.2 mi

  5

• Orion Montessori School LLC

  elementary · PK-K · 0.2 mi

• Beginning Steps To Independence

  elementary · 0.5 mi

• The Harker School

  elementary · K-12 · 0.7 mi

Price history

• Oct 20, 2026 · Listed$3,300,000
• Aug 10, 2007 · Sold$2,400,000
• May 1, 1972 · Sold$107,500

Tax history

• 2025$25,340 tax · $1,730,050 assessed
• 2024$24,495 tax · $1,696,128 assessed
• 2023$23,905 tax · $1,630,268 assessed
• 2022$23,743 tax · $1,598,303 assessed
• 2021$23,199 tax · $1,998,481 assessed
• 2020$22,779 tax · $1,550,898 assessed
• 2019$22,504 tax · $1,520,489 assessed
• 2018$21,909 tax · $1,490,677 assessed

Home value

$1,678,000

• Collateral Analytics$1,678,000

Where it is