Lagae Real Estate/Searches/Good Samaritan Area Condominiums

Cambrian Area Of San Jose next to Good Samaritan Hospital, 2/1 Condos, Fourplex Buildings

This search picks up the 2 bedroom/1 bathroom condominiums in fourplex McKeon buildings that are located in the Cambrian area of San Jose right next to Good Samaritan Hospital. This is one of the smaller complexes with 45 buildings (180 units). The prices are still higher here than in many of the other complexes my investor clients have been purchasing properties in, but there occasionally is some overlap in the prices. If you're looking in the Cambrian area this should be one of the complexes to look at. A home in this complex could be a good investment property or the perfect place for your first home.

The following search criteria is used to find these properties:

  1. Condominiums.
  2. All active, pending and sold listings for the last six months.
  3. Properties bordered by Highway 85, Samaritan Place, Samaritan Drive and Clydelle Avenue.

Advertising Rental Properties

Today, craigslist.org is one of the most popular web sites where one can find and advertise rental properties. In most (all?) craigslist cites it doesn't cost anything for a property owner to list their rental. They can post a description and pictures of the property, can post their e-mail or phone number or can receive messages where someone sends an e-mail to craigslist and it gets forwarded to their private e-mail address. Many people use craigslist daily and it's probably the first web site most people would look at if they wanted to find a home to rent.

Because of this, craigslist is a great place to research what potential rental prices are currently. If you're considering buying vs. renting, this will give you the rental prices that you can compare with the ownership costs of a home. If you're considering purchasing an investment property, check craigslist to see what the rents are going for on similar homes in the area.

I've created a link that should pick up many of the rentals in this complex. I'm searching for apartments and housing for rent in the Cambrian area with two or more bedrooms that have the following words in them: samaritan, clydelle, saidel, or hatfield. This may pick up properties outside of this complex, but it should give you a reasonable number of ads to look and give you an idea of what rents are like in this area.

Click here to open a new window with this craigslist.org search.

PDF Instructions

The links below are to the .pdf files that contain the specified searches. If your browser is equipped to display .pdf files you can simply click on the link to see the file. Use your browser's back button to return to this page.

If your browser can't display .pdf files you can download the file to your computer and use Adobe Reader or a similar program to view the file. If you have any problems with any of these files please let me know.

If you would like to view any of these properties I would be happy to show them to you. Just let me know which ones you're interested in and we'll go from there.

December 13, 2010

There are six active listings in this complex. The least expensive is nice looking number two unit at 2309 Saidel Drive, although it is a short sale. The asking price is $209,000. The units go up in price to $283,662 for a very nice looking unit at 2331 Saidel Drive #3. Four of these units are short sales

Back in September, two units closed escrow. One for $250,000 and another for $267,500. I know that some of the short sale lenders have been countering back in the high $200,000's. However, on December 7th, the bank owned property at 2335 Saidel Drive #4 sold for $195,900. That's $50,000 less than any other sale in that complex. There are many low offers being placed in this complex by investors hoping to pick up a bargin, and now that one has sold for this price it'll bring the comps down. A few more may eventually sell for these prices and it certainly becomes an attractive place to consider.

Here are this morning's complete searches for this area:

September 14, 2010

There are five active listings in this complex. The least expensive is an alright number three unit at 2332 Saidel Drive, although it is a short sale and has a dated kitchen. The asking price is $214,900. The units go up in price to $259,999 for a very nice looking unit at 2317 Saidel Drive #2.

No units have closed escrow since the previous update, although a couple have gone pending.

Here are today's complete searches for this area:

July 23, 2010

There are four active listings in this complex. The least expensive is a nice, number four unit at 4786 Hatfield Walkway, although it is a short sale. The asking price is $219,000. Next is 2332 Saidel Drive unit 3, also a short sale with an asking price of $249,000. The remaining two are normal sales: 4797 Clydelle Avenue #4 for $289,999 and 4758 Hatfield Walkway #3 for $299,000.

The two pending units are both short sales. In the last six months, two units sold for $250,000 and one for $270,000.

Here are today's complete searches for this area:




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