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Sold for $2,050,000
    • $2,050,000

    1315 Saratoga Ave, San Jose, CA 95129

    8beds
    7baths
    4,223sqft
    Quadruplex, Residential Income
    Built in 1968
    -- sqft lot
    $2,044,800 Zestimate®
    $485/sqft
    $2,731 Estimated rent

    Home value

    $2,044,800

    $1.82M - $2.29M

    $2,731/mo

    Zestimate® history
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    $13,116/mo

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    What's special

    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.

    Zillow last checked:

    Listing updated:

    Listed by:

    Michael Shields 01327546 408-356-1900,

    SiliconValley MultiFamilyGroup 408-356-1900

    Bought with:

    Nancy Liu, 02013764

    Coldwell Banker Realty

    Source: MLSListings Inc,MLS#: ML81967928MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 8
    • Bathrooms: 7
    Kitchen
    • Features: Countertop_Formica, Countertop_Granite, ExhaustFan
    Heating
    • Central Forced Air, Wall Furnace
    Cooling
    • None
    Appliances
    • Included: Exhaust Fan, Disposal, Range Hood, Microwave, Electric Oven/Range, Gas Oven/Range, Refrigerator, Washer/Dryer
    Features
    • Flooring: Carpet, Laminate, Tile, Vinyl Linoleum
    • Doors: None
    • Windows: None
    Interior area
    • Total structure area: 4,223
    • Total interior livable area: 4,223 sqft

    Property

    Parking
    • Total spaces: 5
    • Parking features: Attached, Garage Door Opener
    • Garage spaces: 5
    • Has carport: Yes
    Accessibility
    • Accessibility features: None
    Features
    • Stories: 2
    Lot
    • Size: 8,276 Square Feet
    Details
    • Parcel number: 38128048
    • Zoning: R3
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Quadruplex, Residential Income
    Materials
    • Foundation: Concrete Perimeter
    • Roof: Composition, Shingle
    Condition
    • Year built: 1968

    Utilities & green energy

    • Gas: IndividualGasMeters, PublicUtilities
    • Water: Public
    • Utilities for property: Public Utilities, Water Public, Individual Electric Meters, Individual Gas Meters

    Community & HOA

    Location
    • Region: San Jose

    Financial & listing details

    • Price per square foot: $485/sqft
    • Tax assessed value: $2,091,000
    • Annual tax amount: $28,935
    • Date on market: 5/31/2024
    • Listing agreement: ExclusiveAgency
    • Listing terms: CashorConventionalLoan, Exchange
    • Inclusions: Building, DishwasherAllUnits, Land, OvenRangeAllUnits
    • Lease term: Month To Month

    Price history

    DateEventPrice
    10/3/2024Sold$2,050,000-2.1%$485/sqft
    Source: MLSListings Inc #ML81967928 Report a problem
    9/3/2024Pending sale$2,095,000$496/sqft
    Source: MLSListings Inc #ML81967928 Report a problem
    8/5/2024Contingent$2,095,000$496/sqft
    Source: MLSListings Inc #ML81967928 Report a problem
    6/27/2024Price change$2,095,000-2.6%$496/sqft
    Source: MLSListings Inc #ML81967928 Report a problem
    5/31/2024Listed for sale$2,150,000+122.8%$509/sqft
    Source: MLSListings Inc #ML81967928 Report a problem
    12/9/2004Sold$965,000$229/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2026-- $2,091,000 +2%
    2025$33,787 +82.4%$2,050,000 +55.5%
    2024$18,527 +1.5%$1,318,740 +2%
    2023$18,247 +1.3%$1,292,884 +2%
    2022$18,006 +1.8%$1,267,534 +2%
    2021$17,690 +1.5%$1,242,681 +1%
    2020$17,437 $1,229,939 +2%
    2019$17,437 +6%$1,205,824 +2%
    2018$16,447 $1,182,181 +2%
    2017$16,447 +1.2%$1,159,002 +2%
    2016$16,250 +6.5%$1,136,278 +1.5%
    2015$15,262 +3%$1,119,211 +2%
    2014$14,815 $1,097,288 +14.4%
    2013-- $959,000 +14.7%
    2012-- $836,000 -2.4%
    2011-- $856,400 -17.8%
    2010-- $1,042,070 -0.2%
    2009-- $1,044,546 +2%
    2008-- $1,024,065 +2%
    2007-- $1,003,986 +2%
    2006-- $984,300 +2%
    2005-- $965,000 +84.2%
    2004-- $523,903 +1.9%
    2003-- $514,302 +2%
    2002-- $504,219 +2%
    2001-- $494,334
    Find assessor info on the county website

    Neighborhood: West San Jose

    Nearby homes

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • District: MorelandElementary

    Source: MLSListings Inc. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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    Estimated market value
    $2,044,800
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $2,044,800

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