San Jose, CA 95129,1315 Saratoga AVE
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San Jose, CA 95129,1315 Saratoga AVE
San Jose, CA 95129,1315 Saratoga AVE
San Jose, CA 95129,1315 Saratoga AVE
San Jose, CA 95129,1315 Saratoga AVE

$2,050,000

Est. payment /mo

$2,095,000

2.1%
Est.Price: ?

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1315 Saratoga AVE San Jose, CA 95129

4,223 SqFt

SOLD DATE : 10/03/2024

Key Details

Sold Price $2,050,000

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Sold

Purchase Type For Sale

Square Footage 4,223 sqft

Price per Sqft $485

MLS Listing ID ML81967928

Sold Date 10/03/24

HOA Y/N No

Year Built 1968

Annual Tax Amount $28,935

Lot Size 8,276 Sqft

Acres 0.19

Property Description

This fourplex in West San Jose boasts an excellent unit mix consisting of large units as follows: (1) 3BR/2BA unit with fireplace and private patio (~1,100 SF); (2) 2BR/1.5BA units (~ 850 SF), and (1) 1BR/1BA unit (~700 SF). (Unit sizes are estimate only.) Each unit has one private garage parking space except for the three bedroom unit which has two spaces. There is also an onsite laundry facility with equipment leased from WASH. Units 1, 3 & 4 have forced air heating. Unit 2 has a wall heater. Unit 3 has undergone a remodel within the last 5 years, including the kitchen (counters, cabinets, appliances), bathroom, flooring and paint. The other three units have the original finishes and are in various states of condition, depending on the tenants. All four units are fully rented at near market rents with no delinquencies. There is some upside potential in the rents because the property is located in West San Jose, a desirable rental location that is close to shopping, large employers, commuter routes and schools. All units are individually metered for gas and electric. The owner pays water/sewar, trash removal, common area utilities, landscaping, repairs, taxes and insurance. Subject to City of San Jose's ARO & TPO. Inspection reports are available.

Location

State CA

County Santa Clara

Area 699 - Not Defined

Zoning R3

Interior

Heating Central, Wall Furnace

Cooling None

Flooring Carpet, Laminate, Tile

Fireplace No

Appliance Disposal, Microwave, Refrigerator, Range Hood, Vented Exhaust Fan

Exterior

Garage Gated

Garage Spaces 5.0

Garage Description 5.0

View Y/N No

Roof Type Composition,Shingle

Accessibility None

Parking Type Gated

Total Parking Spaces 3

Building

Story 2

Foundation Concrete Perimeter

Water Public

Schools

School District Other

Others

Tax ID 38128048

Financing Conventional

Special Listing Condition Standard

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California Regional MLS (CRMLS)
Listed by Michael Shields • SiliconValley MultiFamilyGroup
Bought with Nancy Liu • Coldwell Banker Realty

Julian Park

Broker, Loan Officer | License ID: 02018567

+1(818) 390-3265

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