209 Milbrae Lane is a fully upgraded, eight unit apartment building located in Los Gatos, CA. The asset was constructed in 1958, and fully renovated in 2018. It sits on a 12,062 square foot lot, offering 5,750 square feet of building area. 209 Milbrae Lane offers (6) six one-bed, one-bath units, and (2) two-bed, one-bath units, all of which have been fully upgraded including: LPV flooring, granite counter tops, new cabinets and fixtures in the kitchens and bathrooms, central HVAC and in-unit washer and dryers. In addition to high-end interior renovations, the complex offers tenants private covered parking stalls, individual 8x8 storage spots, a small private fenced interior courtyard and a mini putting green. An investor could not ask for a better location. 209 Milbrae sits within walking distance to the numerous premium retail and restaurant options of down town Los Gatos. Furthermore, tenants living here are within the highly rated and prestigious Los Gatos-Saratoga Union High School District which makes this asset a poplar choice for tenants looking to be within this school district.
Compass is pleased to offer this beautiful 28-unit apartment building, perfectly situated within walking distance of the vibrant heart of Downtown Los Gatos. This prime location provides the perfect blend of convenience and tranquility, allowing easy access to shops, restaurants, parks, and entertainment. Spanning 26,241 square feet, this thoughtfully designed community sits on a generous 35,424-square-foot lot and features a variety of floor plans to suit diverse needs. The building comprises 12 spacious two-bedroom, one-bath units, ideal for small families or roommates. Plus, two comfortable two-bedroom, 1.5-bath units offer more space and convenience. In addition to 10 cozy one-bedroom, one-bath units are perfect for singles or couples seeking a comfortable living space. Finally, four generous three-bedroom, two-bath units accommodate larger families or those desiring extra room. Residents can also enjoy a refreshing pool, perfect for relaxation and recreation. Each unit is crafted with modern amenities and finishes, ensuring a comfortable and stylish living experience. Discover a new home in this charming Los Gatos community, where convenience meets comfort, all within a short stroll to downtown.
Welcome to this Incredible Carmel Style multiplex located in the very center of downtown Los Gatos. This property boasts 4 separate buildings with a total of 8 total units and approximately 7339 square feet of living space on a 15,000 square foot hillside lot. This location is hard to beat, making this an exceptional investment opportunity. Located just moments from the Los Gatos Creek Trail, local restaurants, town square, farmers market, and local parks, and so much more! Stunning mature oak trees and redwoods cradle the buildings at this complex. Each unit has been designed with functionality and privacy, with each offering a spacious deck, high loft ceilings, and open living feel. This property has a mixture of 2 bedroom units (1 enclosed bedroom plus a loft bedroom) and 1 bedroom studio/loft units. Don't miss this incredible investment opportunity!
Welcome to 470 San Benito Avenue...a rare opportunity to own a total of four units in downtown Los Gatos with the advantage of strong income. The main structure has a sophisticated penthouse with approximately +/- 2420 square feet of gracious living. You feel like you are living in New York. Below the penthouse are two apartments with approximately +/- 1144 and 1093 square feet. Both units have been beautifully updated and remolded. The charming cottage sits on the same parcel but has a mailing address of 307 Andrews Street. The cottage is approximately +/- 909 square feet. In the past, the penthouse has been owner-occupied and all other three units have been rented. The Penthouse has a rooftop deck over the garage with stunning views of the surrounding Mountains. The pool on the rooftop deck has been covered with a deck. Living in downtown Los Gatos offers a balance between a peaceful suburban lifestyle and access to many amenities. With beautiful surroundings and many dining and shopping options, downtown provides a unique and vibrant experience.
The median home value in Los Gatos, CA is $1,800,000. This is higher than the county median home value of $1,450,100. The national median home value is $338,100. The average price of homes sold in Los Gatos, CA is $1,800,000. Approximately 61.69% of Los Gatos homes are owned, compared to 32% rented, while 6.31% are vacant. Los Gatos real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Los Gatos real estate agent to arrange a tour today!
Los Gatos, California has a population of 33,309. Los Gatos is more family-centric than the surrounding county with 39.9% of the households containing married families with children. The county average for households married with children is 38.78%.
The median household income in Los Gatos, California is $166,642. The median household income for the surrounding county is $140,258 compared to the national median of $69,021. The median age of people living in Los Gatos is 46.7 years.
The average high temperature in July is 84.5 degrees, with an average low temperature in January of 38.8 degrees. The average rainfall is approximately 30.7 inches per year, with 0 inches of snow per year.