NOT LISTED FOR SALE

557 Saratoga Ave Santa Clara, CA 95050

Downtown Santa Clara Neighborhood
4 Beds
2 Baths
1,684 Sq Ft
6,212 Sq Ft Lot

Last Sold November 26, 2019

Last sale price $1,160,000 $689 Per Sq Ft

32 Days on Market

Highlights

  • 2 Car Attached Garage
  • Forced Air Heating System
  • 1-Story Property
  • Westwood Elementary School Rated A
  • Carpet

About This Home

As of November 2019

PRICE IMPROVEMENT! Great investment opportunity in Santa Clara with easy access to the mall, freeways and major companies. 2 bedroom 1 bath units with backyards and garage. Tenants have indicated they would like to stay.

Last Agent to Sell the Property

Grace Tsang

Intero Real Estate Services License #01917245 Listed on: 09/11/2019

Intero Real Estate Services

Last Buyer's Agent

Rob Reynolds

RE/MAX Gold Redwood Shores. License #00933235

RE/MAX Gold Redwood Shores.

Property Details

Home Type

  • Multi-Family

Year Built

  • 1976

Lot Details

  • 6,212

Parking

  • 2 Car Attached Garage

Home Design

  • Duplex
  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,684 Sq Ft Home
  • 1-Story Property

Flooring

  • Carpet
  • Laminate

Additional Features

  • 6,212 Sq Ft Lot
  • Forced Air Heating System

Listing and Financial Details

  • Total Actual Rent $54,780
  • Month-to-Month Lease Term

Community Details

Overview

Building Details

  • 2 Leased Units
  • Gardener Expense $600
  • Manager Expense $3,835
  • Operating Expense $4,435
  • Gross Income $53,137

Property Details

Home Type

Multi-Family

Year Built

1976

Lot Details

0

Parking

2

Listing Details

  • Zoning: R3
  • Subclass: Duplex
  • Age: 43
  • Listing Class: Residential Income (2-4 Units)
  • Structure Sq Ft: 1684
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1976

Interior Features

  • Living Sq Ft: 1684
  • Stories: 1
  • Flooring: Carpet, Laminate

Exterior Features

  • Foundation: Concrete Perimeter
  • Roof: Composition

Garage/Parking

  • Garage Spaces: 2
  • Parking Spaces: 1
  • Garage Parking Features: Attached Garage

Utilities

  • Heating System: Central Forced Air
  • Sewer/Septic System: Sewer - Public

Schools

  • School District: Santa Clara Unified

Lot Info

  • Lot Acres: 0.1426
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 6210.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 6210.00

Rental Info

  • Existing Lease Term(s): 1 Year Lease, Month To Month
  • Gross Rent Multiplier: 21.18
  • Number Of Leased: 2

Multi Family

  • Utilities: Public Utilities
  • Expense Landscape: 600
  • Expense Management: 3835
  • Expenses Total: 4435
  • Income Annual Gross: 53137.00
  • Income Annual Rental: 54780
  • Income Gross Scheduled: 54780
  • Income Includes: Rents
  • Meters: Separate Electric, Separate Gas, Separate Water
  • Number Of Buildings: 1
  • Tenant Expenses: Rent Only
  • Vacancy Factor: 3

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/26/2019 11/26/19 Sold $1,160,000 0.0% $689 / Sq Ft
10/14/2019 10/14/19 Pending -- -- --
09/26/2019 09/26/19 Price Changed $1,160,000 -2.4% $689 / Sq Ft
09/11/2019 09/11/19 For Sale $1,188,000 -- $705 / Sq Ft
Source: MLSListings

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • G

    Seller's Agent in 2019

    Grace Tsang

    Intero Real Estate Services

    Section Image

  • R

    Buyer's Agent in 2019

    Rob Reynolds

    RE/MAX

    Section Image
See All Agents

Map

Source: MLSListings

MLS Number: ML81768129

MLSListings
California Santa Clara County Santa Clara 95050 Downtown Santa Clara

557 Saratoga Ave, Santa Clara, CA

This home is located at 557 Saratoga Ave, Santa Clara, CA 95050 since 11 September 2019. This property was built in 1976. 557 Saratoga Ave is a home located in Santa Clara County with nearby schools including Westwood Elementary School, Buchser Middle School, and Santa Clara High School.

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