$2,095,000
Pending

1315 Saratoga Avenue

San Jose, CA 95129
4223 sqft | 0.19 acres | #ML81967928
Listing OfficeSiliconValley MultiFamilyGroup
Browse 48 photos
Type:Multi-Family
Structure:4 Family
Zone:Residential

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.

  • Property Details
      • Stories2
    • Measurements
      • Acres0.19
      • Square Feet4223
    • Parking
      • Parking Spaces5
  • Construction Details
      • Property TypeMulti-Family
    • Condition
      • Year Built1968
    • Material information
      • FoundationConcretePerimeter
  • Utilities / Energy Details
      • Utility SourcePublic
  • Community and Neighborhood Details
      • CountySanta Clara
      • School DistrictOther
  • Financial Details
      • Original List Price$2,150,000
      • Taxes Annual$28,935
  • Other
      • MLS #ML81967928

Location

Marylin PaulReal Estate Group
$
years

Down Payment

$
%
10.0%

Interest Rate

%
6.0%

Tax Rate

%
2.6%
$
annually
$
monthly

Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

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Loan Amount
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