Property Overview:
1558 Cross Way is a single-family home in San Jose, CA, built in 1953. It features 3 bedrooms, 1 bathroom, and 1,080 sq. ft. of living space. The home includes a parking garage, fireplace, heating system, and cooling system. The estimated home value is $1,003,000.
Neighborhood Highlights:
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Crime Rate:
- Personal crime risk: 14.6% (higher than state average of 11.8%).
- Property crime risk: 15.6% (higher than state average of 10.8%).
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Schools:
Nearby schools include Hammer Montessori at Galarza Elementary, Downtown College Preparatory Middle, and Downtown College Preparatory.- Average SAT score: 1057 (above state average of 975).
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Job Market:
- 68.0% white-collar jobs, 32.0% blue-collar jobs.
- Unemployment rate: 3.3% (lower than state average of 4.7%).
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Demographics:
- Community population: 44,603 (4% growth since 2000).
- 65% families with children.
- Largest age group: 35-44 years (16.02%), followed by 45-54 years (15.67%).
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Natural Disaster Risk:
- Low flood risk, low tornado risk, high earthquake risk.
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Weather:
- Average temperature: 42.7°F (January), 77.0°F (July).
- Average rainfall: 14.2 inches/year.
- Average snowfall: 0 inches/year.
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Cost of Living:
- Median household income: $76,483.
- Average annual spending: $57,364.
Property Features:
- Zoned R-2: New build opportunity for investors/builders—potential for two homes, a duplex, or a large two-story home with ADU (buyer to verify with City of San Jose).
- Lot size: 6,578 sq. ft. (55’ W x 115’ D), flat and balanced.
- Structural condition: Significant structural and foundation cracks; may not qualify for traditional financing.
- Sale terms: AS IS/WHERE IS; no inspections provided—buyer to conduct own due diligence.
- Location: Sought-after Willow Glen area, close to Highways 87/280, Tamien Light Rail, Google campus, downtown Willow Glen, schools, and parks.
Location Benefits:
- Commuter-friendly: Easy access to major highways and public transportation.
- Investment potential: Rare opportunity for redevelopment in a desirable neighborhood.
- Family-oriented community: High percentage of families with children and strong school performance.