NOT LISTED FOR SALE

1608 Cross Way San Jose, CA 95125

South San Jose Neighborhood
4 Beds
2 Baths
1,628 Sq Ft
6,447 Sq Ft Lot

Last Sold November 29, 2016

Last sale price $865,000 $531 Per Sq Ft

77 Days on Market

Highlights

  • Balcony
  • Forced Air Heating System
  • Security Fence
  • Guest Parking
  • Washer and Dryer
  • Level Lot

About This Home

As of November 2016

*UPDATE 10/27/16, TENANTS JUST VACATED*HOME IS IN THE PROCESS OF BEING CLEANED UP*PRICED REDUCED $50,000 FOR THIS WILLOW GLEN MULTI UNIT PROPERTY*NEARLY A 6% CAP RATE (PRO FORMA) *THIS IS IT*GREAT OPPORTUNITY TO OWN A MULTI UNIT PROPERTY IN WILLOW GLEN*LIVE IN ONE UNIT AND RENT OUT THE OTHER*

Last Agent to Sell the Property

Adam Santana

Santana Realty License #01254750 Listed on: 09/02/2016

Last Buyer's Agent

Richard Matusich

Richard G Matusich & Associate License #00358728

Property Details

Home Type

  • Multi-Family

Year Built

  • 1956

Lot Details

  • 6,447 Sq Ft Lot
  • Security Fence
  • Level Lot
  • Grass Covered Lot
  • Back Yard

Parking

  • 2 Car Garage
  • Guest Parking

Home Design

  • Duplex
  • Wood Frame Construction
  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,628 Sq Ft Home
  • 1-Story Property
  • Washer and Dryer

Outdoor Features

  • Balcony

Utilities

  • Forced Air Heating System
  • Separate Meters
  • 220 Volts
  • Individual Gas Meter

Listing and Financial Details

  • Total Actual Rent $64,680

Community Details

Overview

Building Details

  • 2 Leased Units
  • Insurance Expense $1,100
  • Maintenance Expense $1,500
  • Trash Expense $1,200
  • Operating Expense $12,675
  • Gross Income $64,680

Property Details

Home Type

Multi-Family

Year Built

1956

Lot Details

0

Parking

2

Listing Details

  • Zoning: R2
  • Subclass: Duplex
  • Style: Ranch
  • Age: 60
  • Listing Class: Residential Income (2-4 Units)
  • Structure Sq Ft: 1628
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1956

Interior Features

  • Kitchen: 220 Volt Outlet
  • Living Sq Ft: 1628
  • Stories: 1
  • Security: Security Fence
  • Laundry: Washer / Dryer

Exterior Features

  • Foundation: Concrete Perimeter
  • Roof: Composition
  • Yard/Grounds: Back Yard, Balcony / Patio, Fenced, Low Maintenance
  • Construction Type: Wood Frame

Garage/Parking

  • Garage Spaces: 2
  • Parking Spaces: 10
  • Garage Parking Features: Attached Garage, Guest / Visitor Parking

Utilities

  • Heating System: Central Forced Air
  • Sewer/Septic System: Sewer - Public

Schools

  • School District: San Jose Unified

Lot Info

  • Lot Description: Grade - Level
  • Lot Acres: 0.1480
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 6435.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 6435.00

Rental Info

  • Gross Rent Multiplier: 13.14
  • Number Of Leased: 2

Multi Family

  • Utilities: Individual Electric Meters, Individual Gas Meters
  • Expense Insurance: 1100
  • Expense Maintenance: 1500
  • Expenses Total: 12675
  • Expense Trash: 1200
  • Income Annual Gross: 64680.00
  • Income Annual Rental: 64680
  • Income Gross Scheduled: 64680
  • Meters: Separate Electric, Separate Gas
  • Number Of Buildings: 1
  • Operating Expenses Include: Insurance, Maintenance - Repair, Services - Trash Removal
  • Tenant Expenses: Utilities - Electric, Utilities - Gas

Range of Values:

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List Price
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
11/29/2016 11/29/16 Sold $865,000 +1.8% $531 / Sq Ft
11/19/2016 11/19/16 Pending -- -- --
09/22/2016 09/22/16 Price Changed $849,950 -5.6% $522 / Sq Ft
09/02/2016 09/02/16 For Sale $899,950 -- $553 / Sq Ft
Source: MLSListings

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Adam Santana

    Seller's Agent in 2016

    Adam Santana

    Santana Realty

    (408) 531-1111

    1 in this area

    27 Total Sales

    Adam Santana
    Section Image

  • R

    Buyer's Agent in 2016

    Richard Matusich

    Richard G Matusich & Associate

See All Agents

Map

Source: MLSListings

MLS Number: ML81612621

MLSListings

APN: 434-27-089

California Santa Clara County San Jose 95125 South San Jose

1608 Cross Way, San Jose, CA

This home is located at 1608 Cross Way, San Jose, CA 95125 since 02 September 2016. This property was built in 1956. 1608 Cross Way is a home located in Santa Clara County with nearby schools including Ernesto Galarza Elementary School, Willow Glen Middle, and Willow Glen High School.

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