385 Saratoga AVE, Santa Clara, CA 95050

$2,190,000
4,552
SqFt

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Listed by Kyle De Mattei, 408-334-3226 from Magnify Real Estate
(If provided) CoList: from

Sold listing courtesy of Kyle De Mattei from DYNA8

Sold Price
$2,190,000
List Price
$2,288,000
Closing Date
Mar 27, 2025
MLS#
ML81994002
Status
SOLD
Sqft. of Residence
4,552
Lot Size
11,616
Listing Area
Santa Clara
Year Built
1961

Property Description

Offer Date: Wed. March 5 by 5:00PM. We are pleased to offer 385 Saratoga Avenue in Santa Clara for sale for the first time in 60+ years. This rare, well-maintained 6-unit property presents a prime investment opportunity in the heart of Silicon Valley. Centrally located near Santa Clara University, Santana Row, Apple Headquarters, and across from Prune Ridge Golf Club, the property is zoned Neighborhood Mixed Use in the General Plan, allowing up to 36 units per acre. The unit mix includes four spacious 2-bedroom, 1-bath units and two 1-bedroom, 1-bath units, all of which have been upgraded and feature dine-in kitchens. Recent capital improvements include newer dual-pane windows, a 2017 roof, a new sewer lateral, a new central water heater, new furnaces in all units, a new mailbox, and a new common area washer/dryer. Plumbing laterals are copper and the crawl space is extra tall for easier maintenance. Situated on a large lot with ADU potential, this property provides solid in-place rents with eligibility for increases on day 1 of takeover. Additional features include six carport spaces, coin-operated laundry, and a mix of stainless steel and white appliances. Don't miss out on the chance to have a stake in this high demand and growing market.

Additional Information

Acres
0.27
Age
64
Cooling System
None
Days On Market
Unknown
Foundation
Crawl Space
Garage Parking
Carport
Heating System
Gas, Wall Furnace
Living Area
4,552
Lot Size
11,616
Neighborhood
Santa Clara
Other Utilities
Individual Electric Meters, Individual Gas Meters, Public Utilities
Roof
Composition, Shingle
Sewer
Sewer - Public
Unincorporated Yn
Yes
Zoning
R3

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