209 Milbrae LN new Save Request In-Person Tour Request Virtual Tour
Los Gatos,CA 95032
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
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 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
Garage 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