385 Saratoga Ave | Santa Clara, CA 95050
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- LoopNet Team
385 Saratoga Ave
Santa Clara, CA 95050
Multifamily Property For Sale
·
6 Units
INVESTMENT HIGHLIGHTS
- Prime investment opportunity, zoned Neighborhood Mixed Use in the heart of Silicon Valley
- Great Unix Mix: 4 spacious 2BD/1BA and 2 1BD/1BA units with dine-in kitchens
- Features carport spaces, coin-operated laundry, and a mix of stainless steel and white appliances
- Large lot with ADU potential and solid in-place rents with eligibility for increases on day 1
- Recent capital expenditures include newer dual-pane windows, new sewer lateral, central water heater, furnaces, mailbox, and more
- Centrally located near Santa Clara University, Santana Row, Apple Headquarters, and Pruneridge Golf Club
PROPERTY FACTS
| No. Units | 6 | Lot Size | 0.25 AC |
| Property Type | Multifamily | Building Size | 4,552 SF |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Low-Rise | Year Built | 1961 |
| Building Class | C | Parking Ratio | 1.32/1,000 SF |
| Zoning | R3 | ||
| No. Units | 6 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.25 AC |
| Building Size | 4,552 SF |
| No. Stories | 2 |
| Year Built | 1961 |
| Parking Ratio | 1.32/1,000 SF |
| Zoning | R3 |
AMENITIES
UNIT AMENITIES
- Stainless Steel Appliances
- Carpet
- Double Pane Windows
SITE AMENITIES
- Laundry Facilities
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 1+1 | 2 | $2,000 | 650 |
| 2+1 | 4 | $2,350 | 800 |
PROPERTY TAXES
| Parcel Number | 303-11-071 | Improvements Assessment | $107,397 |
| Land Assessment | $60,267 | Total Assessment | $167,664 |
PROPERTY TAXES
Parcel Number
303-11-071
Land Assessment
$60,267
Improvements Assessment
$107,397
Total Assessment
$167,664
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