14649 Oak Street

Saratoga, CA 95070

$3,995,000
Price
Beds
6,105 Sq. Ft.
$654 / Sq. Ft.
6,105
Sq. Ft.
$654
per Sq. Ft.

Description

14649 Oak Street presents a rare opportunity to acquire a boutique rental community nestled in Saratoga, a favored locale for many Silicon Valley executives. The property is located adjacent to the downtown district, offering residents easy access to upscale dining, galleries, parks, and charming cafes. Directly across from the property is Saratoga Elementary School, a renowned top-rated institution in California. The property sits on a generous 18,550-square-foot lot with a net rentable square footage...14649 Oak Street presents a rare opportunity to acquire a boutique rental community nestled in Saratoga, a favored locale for many Silicon Valley executives. The property is located adjacent to the downtown district, offering residents easy access to upscale dining, galleries, parks, and charming cafes. Directly across from the property is Saratoga Elementary School, a renowned top-rated institution in California. The property sits on a generous 18,550-square-foot lot with a net rentable square footage of 6,105 (per county assessor). Built in 1963, the property is comprised of a mix of spacious three three-bedroom and two two-bedroom floor plans with ample rear parking.
  1. Listed by Jimmy Castellanos • DRE #02024152 • Brokerage DRE #01240999 • Marcus & Millichap • 408-483-5040

Property Details for 14649 Oak Street

MLS City Name
SARATOGA
Building Type
Other
Garage Spaces
0
Parking Spaces
9

Location

Listing Courtesy of Marcus & Millichap, Jimmy Castellanos, DRE #02024152
Add your commute
LISTING UPDATED: 04/29/2024 09:47 AM

Property Details for 14649 Oak Street

StatusPending ( Do Not Show )
MLS #ML81959567
Days on Compass17
Taxes$46,694 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS Type5+ Units / Five or More Units
Year Built1963
Lot Size0.42 AC / 18,295 SF
CountySanta Clara County

Location

Listing Courtesy of Marcus & Millichap, Jimmy Castellanos, DRE #02024152
Add your commute

Building Information for 14649 Oak Street

Stories-Residences-Year Built1963Building Size-Lot Size0.42 AC / 18,295 SF

Payment Calculator

$25,694 per month

30 year fixed, 7.25% Interest

Principal and Interest

$21,802

Property Taxes

$3,891

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 14649 Oak Street

Features
Features
  • Fireplace: No
  • Living SqFt: 6105
  • Pool: No
  • Security Features: None
  • Special Features: None
Utilities
  • Cooling: None
  • Heating: Wall Furnace
  • Meters: Separate Electric, Separate Gas
  • Sewer Septic: Sewer - Public
  • Utilities: Public Utilities
  • Water: Public
Carport and Parking
  • Carport Min: 9
Garage
  • Garage and Parking: Covered Parking, Uncovered Parking
Property Details
Homeowners Association
  • HOA Exists: 0
  • HOA Fee: $0
Property Details
  • Min Num Of Units in Complex: 5
  • Area Text: Saratoga
  • Restrictions: None
  • Roof: Composition
  • Subclass: Five or More Units
  • Year Built Source: Assessor
  • Street Number: 14649
  • Street Name: Oak
  • Street Suffix: Street
  • Area ID: 17
Lot / Property Details
Building Information
  • Number of Buildings: 1
  • Structure SqFt: 6105
  • Structure SqFt Source: Assessor
  • Age: 61
Development Information
  • Ownership Type: Trust
  • Zoning Detail: RM3
Location Information
  • City Limits: Yes
  • Incorporated: No
  • Parcel Number: 517-09-045
  • County Name: Santa Clara
  • City Name: SARATOGA
  • City Postal ID: 65
  • Postal Code: 95070
  • Elementary School: 199
  • Elementary School District: 469
  • Middle School Text: Redwood Middle
  • High School District Text: Los Gatos-Saratoga Joint Union High
  • High School Text: Saratoga High
Lot Information
  • Foundation: Concrete Slab
  • Lot Acres: .42
  • Lot Size Area Maximum Units: Square Feet
  • Lot Size Area Minimum Units: Square Feet
  • Lot Size Source: Assessor
Mobile / Manufactured Information
Other Information
  • Dual Variable: Yes
Multi Family Information
Building Information
  • No Of Leased: 5
General Information
  • Annual Tax Amount: $46,694
  • Capitalization Rate: 2.70
  • Tenant Expenses: Utilities - Electric, Utilities - Gas
  • Income Includes: Laundry, Rents
  • Vacancy Factor: 0
Income / Expense Details
  • Expense Insurance: $10,000
  • Expense Landscape: $1,596
  • Expense Maintenance: $3,250
  • Expense Management: $0
  • Expense Trash: $0
  • Expenses Other: $4,634
  • Expenses Utility: $8,790
  • Expenses Total: $74,964
  • Operating Expenses Include: Fee - Other Taxes, Fee - Property Tax, Insurance, Maintenance - Exterminator, Maintenance - Repair, Services - Gardener, Utilities
  • Gross Rent Multiplier: 21.87
  • Income Annual Gross: $182,640
  • Income Annual Rental: $181,440
  • Income Gross Scheduled: $182,640
  • Income Other: $1,200
Unit 1 Information
  • Unit 1 Full Bathrooms: 1
  • Unit 1 Number of Bedrooms: 2
  • Unit 1 Rent: $2,315
Unit 2 Information
  • Unit 2 Full Bathrooms: 2
  • Unit 2 Number of Bedrooms: 3
  • Unit 2 Rent: $3,080

Property History for 14649 Oak Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Public Records for 14649 Oak Street

Taxable ValueLand$728,142Additions$424,741Total$1,152,883
Tax Record2023$16,657 ($1,388 / month)
Home Facts
Baths3Total Finished SqFt6,105 SqFtAbove Grade Finished SqFt6,105 SqFtStories2Lot Size18,550 SqFtStyleMulti-Family Res (5+ Units)Year Built1963ZoningRM3CountySANTA CLARAAPN517-09-045Fireplace TypeHas Fireplace

Schools near 14649 Oak Street

This home is within Saratoga Union Elementary School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - K to 5
Public - K to 5
Public - 6 to 8
Rating
School
Distance
Foothill Elementary School
PublicK to 5

Argonaut Elementary School
PublicK to 5

Saratoga Elementary School
PublicK to 5

Redwood Middle School
Public6 to 8

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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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 Marcus & Millichap, Jimmy Castellanos, DRE #02024152

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.