Active
385 Saratoga AVE
SANTA CLARA CA, 95050
$2,288,000
$502.64 per sqft
Active
4,552 sqft
Multi-family
Built in 1961
Listed by Magnify Real Estate, Kyle De Mattei, Listing Contact: 4083343226
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.
ML81994002
MLSⓇ ID
February 13, 2025
Listed
February 20, 2025
Updated
Interior Features
Fireplace
No
Cooling
No
Heating
Yes
Heating Description
Natural Gas
Exterior/Building Features
Lot Size
0.27 Acres
Roof
Composition, Shingle
Sewer
Public Sewer
School Information
School District
Santa Clara Unified
Other Property Details
Area Name
Santa Clara
Garage
No
View
No
County
Santa Clara
Water Source
Public
Pool
No
Zoning
R3
Open House Schedule
Sun, Feb 23rd
1:00 PM - 3:00 PM PST
Wed, Feb 26th
3:30 PM - 5:30 PM PST
Listed by Magnify Real Estate, Kyle De Mattei,
Listing Contact: 4083343226
All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor Babek Sandhar | CA DRE# 02141170 shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.
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Data last updated 11:51 PM UTC, 2/20/2025