1315 Saratoga AVE, San Jose, CA 95129

$2,095,000
4,223
SqFt
List Price
$2,095,000
Price Change
▼ $55,000 1719545321
MLS#
ML81967928
Status
ACTIVE
Zoning
R3
Sqft. of Residence
4,223
Lot Size
8,276
Listing Area
Cupertino

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.

Additional Information

Acres
0.19
Age
56
Amenities
None
Cooling System
None
Floor Covering
Carpet, Laminate, Tile, Vinyl / Linoleum
Foundation
Concrete Perimeter
Garage Parking
Attached Garage, Gate / Door Opener
Heating System
Central Forced Air, Wall Furnace
Laundry Facilities
Washer / Dryer
Living Area
4,223
Lot Size
8,276
Neighborhood
Cupertino
Other Rooms
Laundry Room
Other Utilities
Individual Electric Meters, Individual Gas Meters, Public Utilities
Roof
Composition, Shingle
Sewer
Sewer Connected, Sewer in Street
Special Features
None
Total Number Of Units
4
Zoning
R3

Mortgage Calculator

Amount of Loan
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Term of Loan
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Calculator source: Real Geeks

Listing courtesy of Michael Shields from SiliconValley MultiFamilyGroup. 408-356-1900

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