$4,425,000
$5,200,000
14.9%For more information regarding the value of a property, please contact us for a free consultation.
565 Saratoga AVE Santa Clara, CA 95050
0.62 Acres Lot
Key Details
Sold Price $4,425,000
Property Type Commercial
Listing Status Sold
Purchase Type For Sale
MLS Listing ID ML81986558
Sold Date 02/14/25
HOA Y/N No
Year Built 1969
Annual Tax Amount $60,975
Lot Size 0.622 Acres
Property Description
Fantastic location within the heart of Silicon Valley. Close proximity to top high tech sector employers and near prestigious Santa Clara University. (14) one-bedroom one-bath units and (2) two-bedroom one-bath units with balconies, patios, dishwashers, LVT flooring, and built in wall-mounted air conditioning. Square D 400 AMP main panel with underground service and Square D or Siemens sub panels in units (not in closets). Excellent unit layouts with many recent renovations. Private courtyard with gated secure pool. Below market rents offer immediate upside in rental income. Large oversized rec room and laundry room and carports provide logical ADU potential. Assumable loan at 3.74%
Location
State CA
County Santa Clara
Area 699 - Not Defined
Zoning R325
Interior
Heating Wall Furnace
Cooling Wall/Window Unit(s)
Fireplace No
Exterior
Carport Spaces 16
Roof Type Composition
Total Parking Spaces 7
Building
Water Public
Schools
School District Other
Others
Tax ID 26939102
Financing Cash
Special Listing Condition Standard
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Bought with Brian Henry • Newmark Cornish & Carey