1085 Saratoga Avenue

San Jose, CA 95129

$8,000,000
Last Sold Price
Beds
15,568 Sq. Ft.
$514 / Sq. Ft.
15,568
Sq. Ft.
$514
per Sq. Ft.

Description

Saratoga Plaza at 1085 Saratoga Ave is a 26-unit apartment complex in the thriving city of San Jose, California. Situated on a 31,800 square foot parcel of land, the subject property was originally constructed in 1960 and has a gross building area of approximately 15,800 total square feet, offering its tenants beautifully designed two bedroom, and one-bedroom floor plans. Each of the units are equipped with ceiling fans and wall furnaces. The property provides its tenants with a massive courtyard,...Saratoga Plaza at 1085 Saratoga Ave is a 26-unit apartment complex in the thriving city of San Jose, California. Situated on a 31,800 square foot parcel of land, the subject property was originally constructed in 1960 and has a gross building area of approximately 15,800 total square feet, offering its tenants beautifully designed two bedroom, and one-bedroom floor plans. Each of the units are equipped with ceiling fans and wall furnaces. The property provides its tenants with a massive courtyard, along with 26 total parking spaces. Its location has close proximity to the Westgate Shopping Center which has many stores, restaurants and entertainment only a few minutes away. This property is also 2.5 Miles Away from Santana Row in San Jose a must see place for eatery and entertainment

Listing Agents

  1. Ray Rodriguez

    Ray Rodriguez

    Listing Agent

    Compass

    DRE #01999734

  2. Tony Zizzo

    Tony Zizzo

    Alternative Listing Agent

    Compass

    DRE #01962093

    tony.zizzo@compass.com

    P: 408.772.8661

Property Details for 1085 Saratoga Avenue

MLS City Name
SAN JOSE
Building Type
Other
Garage Spaces
0
Parking Spaces
0

Location

Listing Courtesy of Compass, Ray Rodriguez, DRE #01999734; Compass, Tony Zizzo, DRE #01962093

Sold By A to B Realty, Bikram Singh, DRE #01451681

Add your commute
LISTING UPDATED: 08/10/2022 05:01 PM

Property Details for 1085 Saratoga Avenue

StatusSold
MLS #ML81893031
Days on Compass59
Taxes$103,566 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS Type5+ Units / Five or More Units
Year Built1960
Lot Size0.78 AC / 33,873 SF
CountySanta Clara County

Location

Listing Courtesy of Compass, Ray Rodriguez, DRE #01999734; Compass, Tony Zizzo, DRE #01962093

Sold By A to B Realty, Bikram Singh, DRE #01451681

Add your commute

Building Information for 1085 Saratoga Avenue

Stories-Residences-Year Built1960Building Size-Lot Size0.78 AC / 33,873 SF

Payment Calculator

$52,290 per month

30 year fixed, 7.25% Interest

Principal and Interest

$43,659

Property Taxes

$8,631

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 1085 Saratoga Avenue

Features
Features
  • Fireplace: No
  • Living SqFt: 15568
  • Pool: No
  • Security Features: Other
  • Special Features: Other
Utilities
  • Cooling: Ceiling Fan, Other
  • Heating: Wall Furnace
  • Meters: Master Water, Separate Common Area, Separate Electric, Separate Gas
  • Sewer Septic: Sewer - Private
  • Utilities: Individual Electric Meters, Individual Gas Meters, Public Utilities
  • Water: Private / Mutual
Carport and Parking
  • Carport Min: 26
Garage
  • Garage and Parking: Carport, Off-Street Parking
Property Details
Homeowners Association
  • HOA Exists: 0
  • HOA Fee: $0
Property Details
  • Min Num Of Units in Complex: 26
  • Area Text: Cupertino
  • Restrictions: Other
  • Roof: Flat / Low Pitch
  • Stories: 0.0
  • Subclass: Five or More Units
  • Year Built Source: Assessor
  • Street Number: 1085
  • Street Name: Saratoga
  • Street Suffix: Avenue
  • Area ID: 18
Lot / Property Details
Building Information
  • Number of Buildings: 2
  • Structure SqFt: 15568
  • Structure SqFt Source: Assessor
  • Age: 62
Development Information
  • Zoning Detail: R3
Location Information
  • Parcel Number: 381-16-100
  • County Name: Santa Clara
  • City Name: SAN JOSE
  • City Postal ID: 58
  • Postal Code: 95129
  • Elementary School District: 464
  • High School District Text: Campbell Union High
Lot Information
  • Foundation: Concrete Perimeter and Slab
  • Lot Acres: .78
  • Lot Size Area Maximum Units: Square Feet
  • Lot Size Area Minimum Units: Square Feet
  • Lot Size Source: Assessor
Multi Family Information
General Information
  • Annual Tax Amount: $103,566
  • Capitalization Rate: 4.26
  • Tenant Expenses: Utilities - Electric, Utilities - Gas
  • Income Includes: Laundry, Rents
  • Vacancy Factor: 3
Income / Expense Details
  • Expense Insurance: $9,500
  • Expense Landscape: $2,800
  • Expense Maintenance: $15,600
  • Expense Management: $22,397
  • Expense Trash: $11,748
  • Expenses Other: $26,341
  • Expenses Utility: $28,027
  • Expenses Total: $219,979
  • Operating Expenses Include: Fee - Property Tax, Insurance, Maintenance - Repair, Services - Gardener, Services - On-Site Manager, Services - Sewer, Services - Trash Removal, Utilities - Electric, Utilities - Gas, Utilities - Water, Vacancy Factor
  • Gross Rent Multiplier: 13.97
  • Income Annual Gross: $569,229
  • Income Annual Rental: $581,736
  • Income Gross Scheduled: $586,834
  • Income Other: $5,098
Unit 1 Information
  • Unit 1 Full Bathrooms: 1
  • Unit 1 Number of Bedrooms: 2
  • Unit 1 Rent: $2,000
Unit 2 Information
  • Unit 2 Approx Square Footage: 550
  • Unit 2 Full Bathrooms: 1
  • Unit 2 Number of Bedrooms: 1
  • Unit 2 Rent: $1,690
Unit 3 Information
  • Unit 3 Rent: $0
Unit 4 Information
  • Unit 4 Rent: $0
Unit Type 1
  • Unit Type1 Approx SqFt: 800
  • Unit Type1 Units Total: 6
Unit Type 2
  • Unit Type2 Units Total: 20
Listing Info
Rental Info
  • Lease Type: Net

Property History for 1085 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 1085 Saratoga Avenue

Taxable ValueLand$5,300,000Additions$2,700,000Total$8,000,000
Tax Record2023$111,886 ($9,324 / month)
Home Facts
Total Finished SqFt15,568 SqFtAbove Grade Finished SqFt15,568 SqFtStories2Lot Size31,744 SqFtStyleMulti-Family Res (5+ Units)Year Built1960ZoningR3CountySANTA CLARAAPN381-16-100Fireplace TypeHas Fireplace

Schools near 1085 Saratoga Avenue

This home is within Moreland School District.
Rating
School
Type
Grades
Distance
Public - K to 8
Public - 9 to 12
Public - 9 to 12
Public - 9 to 12
Rating
School
Distance
Easterbrook Discovery
PublicK to 8

Prospect High School
Public9 to 12

Camden Community Day School
Public9 to 12

Boynton High School
Public9 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.

Similar Homes

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Similar Sold Homes

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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. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Compass, Ray Rodriguez, DRE #01999734; Compass, Tony Zizzo, DRE #01962093

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.