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1364 Saratoga Avenue, San Jose, California 95129, San Jose, 95129 - 3 bed, 1 bath

1364 Saratoga Avenue, San Jose, California 95129 home-pic-0
ACTIVE$1,888,888
1364 Saratoga Avenue, San Jose, California 95129
3Beds
1Bath
1,128Sqft
10,125Lot

Price Vs. Estimate

The estimated value ($1,888,888) is $0 (0%) lower than the list price ($1,888,888). This property may be overpriced.

Key pros and cons

Top Pros:
High Available Lot Utilization: The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 10125, living area = 1128.
Top Cons:
Age and Size of Existing Dwelling: Built in 1952 with only 1,128 sq ft, the current 3-bed, 1-bath structure is older and relatively small, suggesting the primary value lies in the land for redevelopment rather than the existing home.

Compared to the nearby listings

Price:$1.89M vs avg $2.83M ($-937,112)6%
Size:1,128 sqft vs avg 1,666 sqft3%
Price/sqft:$1.7K vs avg $1.7K49%

More Insights

Built in 1952 (73 years old).
Condition: Despite being built in 1952, the property features a recently remodeled kitchen and bathroom, as confirmed by the listing description and images. The kitchen boasts modern white shaker cabinets, light countertops, stainless steel appliances (dishwasher, range), and contemporary flooring. The bathroom includes a new tub with a modern surround, new toilet, and updated fixtures. The interior throughout shows new wood-look laminate/LVP flooring, fresh paint, and modern light fixtures, making it move-in ready. The listing also notes new sewer connections. While the exterior and underlying structure are older, the extensive interior renovations elevate its condition to 'Good', aligning with properties extensively renovated within the last 5-15 years.
Year Built
1952
Close
-
List price
$1.89M
Original List price
$2.1M
Price/Sqft
$1,675
HOA
-
Days on market
-
Sold On
-
MLS number
ML82012269
Home ConditionGood
Features
Good View:
View-

About this home

Entrepreneur dream location with live-work possibilities on the main Saratoga Ave commuter corridor connecting leading Silicon Valley companies with high income neighborhoods. Rare opportunity to own prime assets with multiple potential end-uses or development in a strong demand region for housing and retail along Saratoga Ave averaging over 35,000 cars a day that could be your next client, customer or tenant. Your chance to use this huge wide open 10,125 sq ft lot towards higher use including the existing 1,128 sq ft dwelling with successful history as an income property; three bedrooms, full bathroom and remodeled kitchen plus attached garage and new sewer connections. Large side yard for easy access to the rear lot for enhanced uses. Flexible floor plan to help meet your living or office needs boarding national chain businesses, professional services and high density developments. Many options to explore with the updated Commercial Pedestrian Zoning. Also available for sale is the matching neighboring property at 1370 Saratoga Ave to elevate the combined land opportunities of 20,250 sq ft. Do Not Disturb Neighboring Properties or Occupants.

Condition Rating
Good
Despite being built in 1952, the property features a recently remodeled kitchen and bathroom, as confirmed by the listing description and images. The kitchen boasts modern white shaker cabinets, light countertops, stainless steel appliances (dishwasher, range), and contemporary flooring. The bathroom includes a new tub with a modern surround, new toilet, and updated fixtures. The interior throughout shows new wood-look laminate/LVP flooring, fresh paint, and modern light fixtures, making it move-in ready. The listing also notes new sewer connections. While the exterior and underlying structure are older, the extensive interior renovations elevate its condition to 'Good', aligning with properties extensively renovated within the last 5-15 years.
Pros & Cons

Pros

High Available Lot Utilization: The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 10125, living area = 1128.
Strategic Commercial Location: Situated on Saratoga Avenue, a high-traffic commuter corridor (35,000+ cars/day) connecting Silicon Valley companies with affluent neighborhoods, offering exceptional visibility and client access.
Significant Development Potential: Features a large 10,125 sq ft lot with updated Commercial Pedestrian Zoning, allowing for multiple potential end-uses, redevelopment, or higher-density projects.
Live-Work & Income Generating Asset: The property offers flexible live-work possibilities and has a proven history as an income-generating rental, providing immediate utility and revenue streams.
Opportunity for Expanded Land Assembly: The adjacent property at 1370 Saratoga Ave is also available, presenting a rare chance to combine lots for a substantial 20,250 sq ft development parcel.
Remodeled Kitchen & Updated Infrastructure: The existing 1,128 sq ft dwelling includes a remodeled kitchen and new sewer connections, offering some modern amenities and reduced immediate maintenance for the current structure.

Cons

Age and Size of Existing Dwelling: Built in 1952 with only 1,128 sq ft, the current 3-bed, 1-bath structure is older and relatively small, suggesting the primary value lies in the land for redevelopment rather than the existing home.
High Traffic Noise/Congestion: While beneficial for commercial visibility, the location on a main commuter corridor with 35,000+ cars daily could lead to significant noise and traffic congestion, impacting residential tranquility.
Investment Primarily in Land Value: The listing price reflects the significant land and development potential, meaning a buyer focused solely on the existing dwelling might find it overvalued relative to its size and age.

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