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$4,300,000

Est. payment - /mo

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3 BD

2 BA

5,750 SqFt

Active

209 Milbrae LN Los Gatos, CA 95032

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Graeham Watts

graehamwatts@gmail.com +1(650) 308-4727

UPDATED:

12/13/2024 11:53 PM

Key Details

Property Type Commercial

Sub Type Five or More Units

Listing Status Active

Purchase Type For Sale

Square Footage 5,750 sqft

Price per Sqft $747

MLS Listing ID ML81986907

Bedrooms 3

Full Baths 2

Year Built 1958

Lot Size 0.277 Acres

Property Description

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.

Location

State CA

County Santa Clara

Area Los Gatos/Monte Sereno

Zoning RM520

Rooms

Kitchen Countertop - Granite, Dual Fuel

Interior

Heating Central Forced Air

Cooling Central AC, Other

Flooring Vinyl / Linoleum

Laundry Washer / Dryer

Exterior

Parking Features Carport , Common Parking Area

Utilities Available Individual Electric Meters, Individual Gas Meters

Roof Type Flat / Low Pitch

Building

Foundation Concrete Perimeter and Slab

Sewer Sewer in Street

Water Water On Site

Others

Restrictions None

Tax ID 529-08-034

Miscellaneous Other

Security Features None

Special Listing Condition Not Applicable

Listed by Fred Rubio • Marcus & Millichap

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Graeham Watts

Realtor | License ID: 01466876

+1(650) 308-4727

209 Milbrae LN Los Gatos, CA 95032

Graeham Watts

Key Details

Location

Rooms

Interior

Exterior

Building

Others

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209 Milbrae LN