5718 Tucson Drive

San Jose, CA 95118

$1,699,000
Price
Beds
3,364 Sq. Ft.
$505 / Sq. Ft.
3,364
Sq. Ft.
$505
per Sq. Ft.

Description

Magnify Real Estate is pleased to exclusively present the opportunity to acquire 5718 Tucson Dr, a four (4) apartment building located in the highly desirable city of San Jose. Constructed in 1963, the property consists of (4) two-bedroom/one-bathroom units, presenting a desirable unit mix that offers a strong investment opportunity. With a total building size of 3,364 square feet situated on a spacious lot spanning 7,449 square feet, this property presents strong value-add opportunities. It also...Magnify Real Estate is pleased to exclusively present the opportunity to acquire 5718 Tucson Dr, a four (4) apartment building located in the highly desirable city of San Jose. Constructed in 1963, the property consists of (4) two-bedroom/one-bathroom units, presenting a desirable unit mix that offers a strong investment opportunity. With a total building size of 3,364 square feet situated on a spacious lot spanning 7,449 square feet, this property presents strong value-add opportunities. It also features dual pane windows, private outdoor spaces and balconies, private garages, coin-operated laundry facilities, and more, enhancing the appeal and functionality of the investment. The property is close to major highways, shopping centers like Westgate Center and Santana Row. It features easy access to Almaden Expwy and Highway 85. Finally, the property is surrounded by renowned tech companies including Google, Apple, and Cisco Systems, offering abundant employment opportunities for potential tenants.
  1. Listed by Amit Urban • DRE #01998926 • Brokerage DRE #02214785 • Magnify Real Estate • 650-282-0477

Property Details for 5718 Tucson Drive

MLS City Name
San Jose
Building Type
FOURPLEX
Garage Spaces
4
Parking Spaces
4
Cross Street
Almaden Expressw

Location

Listing Courtesy of Magnify Real Estate, Amit Urban, DRE #01998926
Add your commute
LISTING UPDATED: 03/28/2024 09:21 PM

Property Details for 5718 Tucson Drive

StatusActive
MLS #ML81959329
Days on Compass32
Taxes$21,571 / year
HOA Fees$358
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeRESIDENTIAL INCOME / Fourplex
Year Built1963
Lot Size0.17 AC / 7,405 SF
CountySanta Clara County

Location

Listing Courtesy of Magnify Real Estate, Amit Urban, DRE #01998926
Add your commute

Building Information for 5718 Tucson Drive

Stories2Residences4Year Built1963Building Size-Lot Size0.17 AC / 7,405 SF

Payment Calculator

$11,428 per month

30 year fixed, 7.25% Interest

Principal and Interest

$9,272

Property Taxes

$1,798

HOA Dues

$358

The Payment Calculator is for illustrative purposes only.

Property Information for 5718 Tucson Drive

Features
Room Information
  • Additional Rooms: Storage
  • Kitchen: Exhaust Fan, Cooktop - Electric, Refrigerator
Features
  • Energy Features: Double Pane Windows
  • Fireplace: No
  • Flooring: Tile, Carpet, Vinyl / Linoleum
  • Laundry: Coin Operated
  • Living SqFt: 3364
  • Pool: Yes
  • Pool Type: Community Facility
  • Security Features: Fire Alarm
  • Special Features: None
Utilities
  • Cooling: Ceiling Fan
  • Heating: Central Forced Air
  • Meters: Separate Electric, Separate Gas
  • Sewer Septic: Sewer - Public
  • Utilities: Public Utilities
  • Water: Public
Carport and Parking
  • Carport Min: 0
Garage
  • Garage and Parking: Attached Garage
Property Details
Homeowners Association
  • HOA Exists: 1
  • HOA Fee: $358
Property Details
  • Exterior: Dual Pane Windows
  • Area Text: Cambrian
  • Roof: Shingle
  • Subclass: Fourplex
  • Year Built Source: Assessor
  • Street Number: 5718
  • Street Name: Tucson
  • Street Suffix: Drive
  • Area ID: 14
Lot / Property Details
Building Information
  • Number Of Stories: 2
  • Number of Buildings: 1
  • Structure SqFt: 3364
  • Structure SqFt Source: Assessor
  • Age: 61
Development Information
  • Construction Type: Wood Frame
  • Zoning Detail: RM
Location Information
  • City Limits: Yes
  • Incorporated: No
  • Parcel Number: 567-51-032
  • County Name: Santa Clara
  • City Name: San Jose
  • City Postal ID: 58
  • Postal Code: 95118
  • Elementary School District: 482
  • High School District Text: San Jose Unified
Lot Information
  • Foundation: Concrete Slab
  • Horse Property: No
  • Lot Acres: .17
  • Lot Size Area Maximum Units: Square Feet
  • Lot Size Area Minimum Units: Square Feet
  • Lot Size Source: Assessor
  • Yard Grounds: Balcony / Patio, Sprinklers - Lawn, Sprinklers - Auto
Mobile / Manufactured Information
Other Information
  • Dual Variable: No
Multi Family Information
Building Information
  • No Of Leased: 4
General Information
  • Annual Tax Amount: $21,571
  • Building Unit Total: 4
  • Capitalization Rate: 4.25
  • Tenant Expenses: Utilities - Electric, Utilities - Gas
  • Income Includes: Rents
  • Vacancy Factor: 0
Income / Expense Details
  • Expense Insurance: $2,355
  • Expense Landscape: $1,200
  • Expense Maintenance: $2,000
  • Expense Management: $0
  • Expense Trash: $0
  • Expenses Other: $0
  • Expenses Utility: $4,000
  • Expenses Total: $31,126
  • Operating Expenses Include: Fee - Association, Utilities - Water
  • Gross Rent Multiplier: 16.44
  • Income Annual Gross: $103,363
  • Income Annual Rental: $103,363
  • Income Gross Scheduled: $103,363
  • Income Other: $0
Unit 1 Information
  • Unit 1 Full Bathrooms: 1
  • Unit 1 Number of Bedrooms: 2
Unit 2 Information
  • Unit 2 Approx Square Footage: 841
  • Unit 2 Full Bathrooms: 1
  • Unit 2 Number of Bedrooms: 2
Unit 3 Information
  • Unit 3 Approx Square Footage: 841
  • Unit 3 Full Bathrooms: 1
  • Unit 3 Number of Bedrooms: 2
Unit 4 Information
  • Unit 4 Approx Square Footage: 841
  • Unit 4 Full Bathrooms: 1
  • Unit 4 Number of Bedrooms: 2
Unit Type 1
  • Unit Type1 Approx SqFt: 841

Property History for 5718 Tucson Drive

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 5718 Tucson Drive

Taxable ValueLand$967,151Additions$358,413Total$1,325,564
Tax Record2023$17,253 ($1,438 / month)
Home Facts
Total Finished SqFt3,364 SqFtAbove Grade Finished SqFt3,364 SqFtStories2Lot Size7,440 SqFtStyleQuadraplexYear Built1963ZoningRMCountySANTA CLARAAPN567-51-032Fireplace TypeHas Fireplace

Schools near 5718 Tucson Drive

This home is within San Jose Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Public - 9 to 12
Rating
School
Distance
Almaden Elementary School
PublicK to 5

Castillero Middle School
Public6 to 8

Pioneer High School
Public9 to 12

Broadway High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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5718 Tucson Drive is a multi-family home for sale in San Jose, CA 95118. This property was listed for sale on March 28, 2024 by Magnify Real Estate, it's currently listed at $1,699,000. It has been on the market for a total of 32 days and was last sold on October 7, 2015. This listing's school district is San Jose Unified School District. Nearby schools include Almaden Elementary School, Castillero Middle School and Pioneer High School. 5718 Tucson Drive is a 0-bed, 0-bath, 3,364 sqft multi-family home built in 1963.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Magnify Real Estate, Amit Urban, DRE #01998926

Based on information from one of the following Multiple Listing Services: San Francisco Association of Realtors, the MLSListings MLS, the BAREIS MLS, the EBRD MLS, Shasta Association of REALTORS® Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by San Francisco Association of Realtors, the MLSListings MLS, the BAREIS MLS, the EBRD MLS, Shasta Association of REALTORS® is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.