Listing Courtesy Of:
Magnify Real Estate, 408-334-3226, Kyle De Mattei
Local Realty Services Provided By:
Keller Williams Realty- Silicon Valley
Overview
What It'll Cost
Neighborhood
Similar Homes
$2,288,000
Saratoga, Santa Clara, CA 95050
4,552
sq ft
.27
ac
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$2,288,000
Saratoga, Santa Clara, CA 95050
Estimation provided by Keller Williams Realty Inc.
4,552
sq ft
.27
ac
pending
For Sale
Property Description
Offer Date: Wed. March 5 by 5:00PM. We are pleased to offer 385 Saratoga Avenue in Santa Clara for sale for the first time in 60+ years. This rare, well-maintained 6-unit property presents a prime investment opportunity in the heart of Silicon Valley. Centrally located near Santa Clara University, Santana Row, Apple Headquarters, and across from Prune Ridge Golf Club, the property is zoned Neighborhood Mixed Use in the General Plan, allowing up to 36 units per acre.
The unit mix includes four spacious 2-bedroom, 1-bath units and two 1-bedroom, 1-bath units, all of which have been upgraded and feature dine-in kitchens. Recent capital improvements include newer dual-pane windows, a 2017 roof, a new sewer lateral, a new central water heater, new furnaces in all units, a new mailbox, and a new common area washer/dryer. Plumbing laterals are copper and the crawl space is extra tall for easier maintenance. Situated on a large lot with ADU potential, this property provides solid in-place rents with eligibility for increases on day 1 of takeover. Additional features include six carport spaces, coin-operated laundry, and a mix of stainless steel and white appliances. Don't miss out on the chance to have a stake in this high demand and growing market.
Assessed Value is a combination of the land and additions.
2023
$2,134
(+1.85%)
$164,378
Land 59,086 +
Additions 105,292
2021
$2,095
(+1.85%)
$157,997
Land 56,793 +
Additions 101,204
2020
$2,057
(+0.04%)
$154,900
Land 55,680 +
Additions 99,220
2019
$2,056
(+6.27%)
$153,313
Land 55,110 +
Additions 98,203
2018
$1,935
(-0.41%)
$150,308
Land 54,030 +
Additions 96,278
2016
$1,943
$144,474
Land 51,933 +
Additions 92,541
The Property History data displayed is obtained from public records and/or MLS feeds from the local jurisdiction in which the applicable property is located. As kw.com cannot guarantee that all public records and MLS data is accurate and error-free, it is important that you contact your agent directly in order to obtain the most up-to-date information available.
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