1550 Crucero Dr 4 Unit Apartment Building $1,989,186 CAD ($497,297 CAD/Unit) 4.56% Cap Rate San Jose, CA 95122

1550 Crucero Drive is a well-maintained four-unit apartment complex located in the heart of San Jose, offering investors a rare chance to acquire a multifamily asset in one of Silicon Valley’s most dynamic neighborhoods. Each unit features a spacious two-bedroom, one-bath layout, ideal for attracting quality tenants seeking proximity to major employers, universities, and lifestyle amenities.

The property is situated on a 6,708-square-foot lot and features a gross building area of 3,328 square feet. With scheduled gross rents of $110,940 per year and potential upside of up to $132,300 per year, this asset delivers strong cash flow and attractive investment metrics, including a cap rate of up to 6.03%.

Residents enjoy walking access to shopping, dining, and entertainment, with Grand Century Shopping Mall and Happy Hollow Park & Zoo just steps away. 1550 Crucero Drive offers tenants and residents convenient access to Interstate 280 and other major transportation routes, providing easy access to prestigious educational institutions, major employers, and the various lifestyle amenities offered in the Bay Area.

San Jose’s robust employment market, high median incomes, and low vacancy rates further enhance the investment appeal. The property is professionally represented by Marcus & Millichap, ensuring a smooth transaction process.