Los Gatos, CA 95032,209 Milbrae LN
Los Gatos, CA 95032,209 Milbrae LN
Los Gatos, CA 95032,209 Milbrae LN
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The Warburton Team Brokered By EXp

The Warburton Team Brokered By EXp

+1(626) 630-2141
$4,300,000
Est. payment /mo
0.28 Acres Lot
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UPDATED:

11/18/2024 09:23 PM

Key Details

Property Type Commercial

Listing Status Active

Purchase Type For Sale

MLS Listing ID ML81986907

HOA Y/N No

Year Built 1958

Annual Tax Amount $48,225

Lot Size 0.277 Acres

Property Description

The Rubio Group of Marcus & Millichap is pleased to present 209 Milbrae Lane, an eight-unit apartment complex, located in Los Gatos, CA. 209 Milbrae Lane is a fully upgraded turnkey investment property 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 699 - Not Defined

Zoning RM520

Interior

Heating Central

Cooling Central Air

Fireplace No

Exterior

Carport Spaces 8

Roof Type Flat

Total Parking Spaces 3

Schools

School District Other

Others

Tax ID 52908034

Special Listing Condition Standard


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California Regional MLS (CRMLS)
Listed by Fred Rubio • Marcus & Millichap

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