1175 Saratoga Ave, San Jose, CA, 95129, US

1175-1199 Saratoga

Description

The Offering

Jones Lang LaSalle Americas, Inc. (“JLL”), as the exclusive advisor, is pleased to present the opportunity to acquire 1175–1199 Saratoga (“Property” or “Site”), a rare, fully entitled 60-unit townhome development opportunity in San Jose, California.

Prime Location

The San Francisco Bay Area is one of the most dynamic and globally recognized metropolitan regions in the world. The Bay Area is renowned for its top-tier schools, diverse and vibrant neighborhoods, and an exceptional mix of cultural, retail, and dining destinations, along with extensive regional transit connectivity.

The region is anchored by major employment centers across San Francisco, Silicon Valley, and the Peninsula, including headquarters and campuses for many of the world’s leading technology, life sciences, and AI-focused companies. These fundamentals support a highly educated, innovation-driven, and high-income workforce, making the Bay Area one of the most affluent and economically resilient markets in the United States.

1175–1199 Saratoga is located in the desirable West Valley submarket, adjacent to Saratoga, Cupertino, Campbell, and Santa Clara—an area known for strong schools, curated retail and dining, including Santana Row, and convenient access to major employment centers, including Apple’s Cupertino campus just minutes away. The surrounding communities are among the most affluent in Silicon Valley, supported by a dense concentration of leading technology- and AI-driven companies that anchor a highly educated, high-income workforce.

Approved Project

1175–1199 Saratoga Avenue is approved for a premium, attached townhome community consisting of 60 rowhouse-style residential units across nine buildings, including eight affordable units restricted to households earning up to 80% of Area Median Income (AMI).

The project is entitled under an approved Vesting Tentative Map, which was approved in March 2026. The Final Map has not yet been recorded and will involve Public Works review and approval, including a Public Street Improvement Permit and execution of a Construction Agreement for required public improvements. The Final Map and Public Street Improvement Permit may be processed concurrently and are estimated to take approximately 6 to 8 months to complete.

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Attributes

Land area gross

2.78 acres

Number of units

Media

Investment Highlights

Fully Entitled

1175–1199 Saratoga has received full entitlements for a 60-unit premium townhome development consisting of nine three-story buildings with rowhouse-style architecture. The project includes 52 market-rate units and eight affordable units restricted to households earning up to 80% of Area Median Income (AMI).

Heavily Amenitized

The property is proximate to one of Silicon Valley’s most affluent retail corridors, with immediate access to a curated mix of luxury shopping, upscale dining, and neighborhood-serving retail.

Westgate Center (0.8 miles | 3 minutes) delivers everyday convenience retail stores and local restaurants, while Main Street Cupertino (3.0 miles | 10 minutes) offers an upscale mixed-use environment anchored by popular Asian restaurants and specialty shops.

Westfield Valley Fair & Santana Row (3.0 miles | 10 minutes) rank among the top luxury destinations in the Bay Area, featuring high-end retailers. Santana Row offers an upscale mixed-use environment with boutique hotels and tree-lined streetscapes designed for walkability and outdoor dining.

The Pruneyard Shopping Center (3.7 miles | 13 minutes) provides convenient neighborhood retail complemented by popular dining and entertainment options, serving as a community gathering spot for nearby residents.

Top-Ranked Public Schools

1175–1199 Saratoga benefits from its location within two of Santa Clara County’s highest-performing public school systems, a critical driver of residential demand among the area’s dual-income professional households.

The Campbell Union High School District ranks as the #6 best district in Santa Clara County according to Niche. The district significantly outperforms state averages, with 48% math proficiency versus 37% statewide and 66% reading proficiency versus 49% statewide.

The Moreland School District serves elementary and middle school students, with approximately 71% of schools rated above average compared to just 40% statewide.

Major Employers

The West Valley hosts a dense concentration of global technology leaders that anchor Silicon Valley’s innovation economy and employ tens of thousands of highly compensated professionals.

Apple Park (3.5 miles | 10 minutes) — Apple’s 175-acre headquarters in Cupertino employs approximately 12,000 people and serves as the company’s global design and engineering hub.

Adobe Headquarters (6.9 miles | 18 minutes) — Adobe’s urban campus anchors downtown San Jose and employs thousands in software engineering, product management, and creative roles.

Alphabet (Google) (13 miles | 23 minutes) — Google’s Mountain View campus remains one of the largest employment centers in Silicon Valley.

NVIDIA (3.7 miles | 13 minutes) — NVIDIA’s Santa Clara headquarters has rapidly expanded to support demand for AI chips and infrastructure, making it one of the world’s most valuable technology companies.

Excellent Transit Options

1175–1199 Saratoga offers strong regional connectivity, with a VTA bus stop steps away, Caltrain access at Santa Clara Station within approximately 20 minutes, and BART service at Berryessa/North San Jose reachable in about 30 minutes. The location is also positioned to benefit from future Waymo autonomous taxi service, with expansion testing underway that is expected to serve the area.