NOT LISTED FOR SALE

1604 Crucero Dr San Jose, CA 95122

Santee Neighborhood
6 Beds
6 Baths
3,328 Sq Ft
7,492 Sq Ft Lot

Last Sold June 16, 2017

Last sale price $1,139,000 $342 Per Sq Ft

13 Days on Market

About This Home

As of June 2017

HOA takes care of common areas, 24 hour security and more. Great opportunity for first time investor or seasoned investor. Increase rents to market rates for higher return on investment. Best valued 4-plex in San Jose.

Last Agent to Sell the Property

Andy Tse

Intero Real Estate Services License #01345580 Listed on: 04/28/2017

Intero Real Estate Services

Co-Listed By

Justin Carrow

Intero Real Estate Services License #01917854

Last Buyer's Agent

Amy Yang

United Properties License #01256534

Property Details

Home Type

  • Multi-Family

Year Built

  • 1962

Lot Details

  • 7,492

Home Design

  • Quadruplex
  • Wood Frame Construction
  • Rolled or Hot Mop Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 3,328 Sq Ft Home
  • 2-Story Property

Parking

  • 1 Parking Space
  • Assigned Parking

Additional Features

  • 7,492 Sq Ft Lot
  • Wall Furnace

Listing and Financial Details

  • Total Actual Rent $83,100

Community Details

Overview

Amenities

  • Coin Laundry

Building Details

  • 4 Leased Units
  • Insurance Expense $1,000
  • Maintenance Expense $2,000
  • Utility Expense $3,000
  • Trash Expense $2,000
  • Operating Expense $19,000
  • Gross Income $80,607

Property Details

Home Type

Multi-Family

Year Built

1962

Lot Details

0

Listing Details

  • Zoning: RM
  • Subclass: Fourplex
  • Age: 55
  • Listing Class: Residential Income (2-4 Units)
  • Structure Sq Ft: 3328
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1962

Interior Features

  • Living Sq Ft: 3328
  • Stories: 2
  • Laundry: Coin Operated

Exterior Features

  • Foundation: Concrete Perimeter
  • Roof: Rolled Composition
  • Construction Type: Wood Frame

Garage/Parking

  • Parking Spaces: 1
  • Garage Parking Features: Assigned Spaces

Utilities

  • Heating System: Wall Furnace
  • Sewer/Septic System: Sewer - Public

Condo/Co-op/Association

  • HOA Fees: 350
  • HOA Exist: Yes

Schools

  • School District: East Side Union High
  • Elementary School: Santee Elementary
  • High School: Yerba Buena High
  • High School: 254
  • Elementary School: 120

Lot Info

  • Lot Acres: 0.1720
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 7482.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 7482.00

Rental Info

  • Existing Lease Term(s): Lease Agreement - Written, Less Than 1 Yr, Month To Month, Security Deposit
  • Gross Rent Multiplier: 11.78
  • Number Of Leased: 4

Multi Family

  • Utilities: Public Utilities
  • Expense Insurance: 1000
  • Expense Maintenance: 2000
  • Expenses Total: 19000
  • Expenses Utility: 3000
  • Expense Trash: 2000
  • Income Annual Gross: 80607.00
  • Income Annual Rental: 83100
  • Income Gross Scheduled: 83100
  • Income Includes: Coin Operated Equip, Laundry
  • Meters: Master Water, Separate Electric, Separate Gas
  • Number Of Buildings: 1
  • Operating Expenses Include: Services - Security, Services - Trash Removal, Utilities - Hot Water
  • Tenant Expenses: Utilities - Electric, Utilities - Gas
  • Vacancy Factor: 3

Range of Values:

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Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/16/2017 06/16/17 Sold $1,139,000 +16.3% $342 / Sq Ft
05/12/2017 05/12/17 Pending -- -- --
04/28/2017 04/28/17 For Sale $979,000 +37.9% $294 / Sq Ft
11/08/2013 11/08/13 Sold $710,000 +2.2% $213 / Sq Ft
09/26/2013 09/26/13 Pending -- -- --
07/11/2013 07/11/13 For Sale $695,000 -- $209 / Sq Ft
Source: MLSListings

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Andy Tse

    Seller's Agent in 2017

    Andy Tse

    Intero Real Estate Services

    (408) 807-8808

    824 Total Sales

    Section Image
  • Justin Carrow

    Seller Co-Listing Agent in 2017

    Justin Carrow

    Intero Real Estate Services

    (408) 687-3460

    138 Total Sales

    Section Image

  • A

    Buyer's Agent in 2017

    Amy Yang

    United Properties

    (408) 636-8282

    6 Total Sales

    Section Image
  • Lino Matos

    Seller's Agent in 2013

    Lino Matos

    Intero Real Estate Services

    (408) 394-4881

    42 Total Sales

    Section Image

  • V

    Buyer's Agent in 2013

    Vivi Wan

    Coldwell Banker The Professional Group

    Section Image
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Map

Source: MLSListings

MLS Number: ML81649108

MLSListings

APN: 477-32-119

California Santa Clara County San Jose 95122 Santee

1604 Crucero Dr, San Jose, CA

This home is located at 1604 Crucero Dr, San Jose, CA 95122 since 28 April 2017. This property was built in 1962. 1604 Crucero Dr is a home located in Santa Clara County with nearby schools including Santee Elementary School, Sylvandale Middle School, and Yerba Buena High School.

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