About this home

The Zurich Group of Marcus & Millichap is pleased to exclusively present 3537 Alden Way, an eight unit apartment community located in the heart of West San Jose. The property 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. 3537 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 3531 Alden Way (9 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$2,800,000
• Aug 10, 2007 · Sold$2,400,000
• Oct 19, 1999 · Sold$880,000
• May 24, 1984 · Sold$544,700
• Aug 11, 1982 · Sold$409,700

Tax history

• 2025$22,421 tax · $1,485,407 assessed
• 2024$21,671 tax · $1,456,283 assessed
• 2023$21,122 tax · $1,399,735 assessed
• 2022$20,990 tax · $1,372,290 assessed
• 2021$20,482 tax · $1,752,690 assessed
• 2020$20,120 tax · $1,331,589 assessed
• 2019$19,868 tax · $1,305,481 assessed
• 2018$19,345 tax · $1,279,884 assessed

Home value

$1,680,000

• Collateral Analytics$1,680,000

Where it is