565 Saratoga Avenue

Santa Clara, CA 95050

$5,200,000
Price
Beds
11,084 Sq. Ft.
$469 / Sq. Ft.
11,084
Sq. Ft.
$469
per Sq. Ft.

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...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%

Listing Agent

  1. Bryan Danforth

    Bryan Danforth

    Listing Agent

    Compass

    DRE #01789680

Property Details for 565 Saratoga Avenue

MLS City Name
SANTA CLARA
Building Type
Other
Complex Name
Saratoga Square
Garage Spaces
0
Parking Spaces
7
LISTING UPDATED: 11/21/2024 12:20 AM

Property Details for 565 Saratoga Avenue

StatusActive
MLS #ML81986558
Days on Compass20
Taxes$60,975 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family 5+
MLS Type5+ Units / Five or More Units
Year Built1969
Lot Size0.62 AC / 27,082 SF
CountySanta Clara County

Building Information for 565 Saratoga Avenue

Stories-Residences-Year Built1969Building Size-Lot Size0.62 AC / 27,082 SF

Property Information for 565 Saratoga Avenue

Features
Room Information
  • Additional Rooms: Laundry Room
Features
  • Fireplace: No
  • Flooring: Carpet, Laminate, Tile, Vinyl / Linoleum
  • Laundry: Coin Operated
  • Living SqFt: 11084
  • Pool: Yes
  • Pool Type: Pool - Fenced
  • Security Features: None
  • Special Features: None
Utilities
  • Cooling: Window / Wall Unit
  • Heating: Wall Furnace
  • Meters: Master Gas, Master Water, Separate Electric
  • Sewer Septic: Sewer - Public
  • Utilities: Public Utilities
  • Water: Public
Carport and Parking
  • Carport Min: 16
Garage
  • Garage and Parking: Carport
Property Details
Homeowners Association
  • HOA Amenities: Community Pool
  • HOA Exists: 0
  • HOA Fee: $0
Property Details
  • Min Num Of Units in Complex: 16
  • Area Text: Santa Clara
  • Restrictions: None
  • Roof: Composition
  • Subclass: Five or More Units
  • Year Built Source: Assessor
  • Street Number: 565
  • Street Name: Saratoga
  • Street Suffix: Avenue
  • Area ID: 8
Lot / Property Details
Building Information
  • Number of Buildings: 2
  • Structure SqFt: 11084
  • Structure SqFt Source: Assessor
  • Age: 55
Development Information
  • Zoning Detail: R325
Location Information
  • City Limits: Yes
  • Incorporated: Yes
  • Parcel Number: 269-39-102
  • County Name: Santa Clara
  • City Name: SANTA CLARA
  • City Postal ID: 63
  • Postal Code: 95050
  • Elementary School District: 483
  • High School District Text: Santa Clara Unified
Lot Information
  • Foundation: Concrete Slab
  • Lot Acres: .62
  • Lot Size Area Maximum Units: Square Feet
  • Lot Size Area Minimum Units: Square Feet
  • Lot Size Source: Assessor
Multi Family Information
Building Information
  • No Of Leased: 16
General Information
  • Annual Tax Amount: $60,975
  • Capitalization Rate: 3.82
  • Tenant Expenses: Utilities - Electric, Utilities - Gas
  • Income Includes: Coin Operated Equip, Rents
  • Vacancy Factor: 3
Income / Expense Details
  • Expense Insurance: $6,650
  • Expense Landscape: $3,410
  • Expense Maintenance: $8,000
  • Expense Management: $16,277
  • Expense Trash: $33,932
  • Expenses Other: $29,052
  • Expenses Utility: $7,074
  • Expenses Total: $165,370
  • Operating Expenses Include: Fee - Property Management, Fee - Property Tax, Insurance, Maintenance, Services - Sewer, Services - Trash Removal, Utilities - Hot Water, Utilities - Water
  • Gross Rent Multiplier: 13.85
  • Income Annual Gross: $364,153
  • Income Annual Rental: $372,900
  • Income Gross Scheduled: $375,415
  • Income Other: $2,515
Unit 1 Information
  • Unit 1 Full Bathrooms: 1
  • Unit 1 Number of Bedrooms: 2
  • Unit 1 Rent: $2,400
Unit 2 Information
  • Unit 2 Approx Square Footage: 600
  • Unit 2 Full Bathrooms: 1
  • Unit 2 Number of Bedrooms: 1
  • Unit 2 Rent: $1,800
Unit Type 1
  • Unit Type1 Approx SqFt: 785

Property History for 565 Saratoga Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 565 Saratoga Avenue

Taxable ValueLand$4,074,367Additions$2,101,515Total$6,175,882
Tax Record2024$72,186 ($6,015 / month)
Home Facts
Total Finished SqFt11,084 SqFtAbove Grade Finished SqFt11,084 SqFtStories2Lot Size27,082 SqFtStyleMulti-Family Res (5+ Units)Year Built1969ZoningR325CountySANTA CLARAAPN269-39-102Fireplace TypeHas Fireplace

Schools near 565 Saratoga Avenue

This home is within Santa Clara Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Public - K to 12
Rating
School
Distance
Westwood Elementary School
PublicK to 5

Buchser Middle School
Public6 to 8

Santa Clara High School
Public9 to 12

Wilson Alternative School
PublicK to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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565 Saratoga Avenue is for sale in Santa Clara, CA 95050. This property was listed for sale on November 13, 2024 by Compass, it's currently listed at $5,200,000. It has been on the market for a total of 20 days and was last sold on January 7, 2014. This listing's school district is Santa Clara Unified School District. Nearby schools include Westwood Elementary School, Buchser Middle School and Santa Clara High School. 565 Saratoga Avenue is a 0-bed, 0-bath, 11,084 sqft built in 1969.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Compass, Bryan Danforth, DRE #01789680; Newmark Cornish & Carey, Brian Henry, DRE #01385537

Based on information from one of the following Multiple Listing Services: San Francisco Association of Realtors, the MLSListings MLS, the BAREIS MLS, the EBRD MLS, Shasta Association of REALTORS® Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by San Francisco Association of Realtors, the MLSListings MLS, the BAREIS MLS, the EBRD MLS, Shasta Association of REALTORS® is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.