---
listing_id: ML81961957
status: Closed
price: 2000000
beds: 0
baths_full: 0
baths_half: 0
sqft_living: 2145
sqft_lot: 7203
lot_acres: 
year_built: 1920
property_type: Residential Income
property_subtype: Triplex
address: "511 University Ave"
city: Los Gatos
state: CA
zip: 95032
county: "Santa Clara County"
lat: 37.230968
lng: -121.978586
days_on_market: 744
hoa_fee: 
hoa_frequency: 
garage_spaces: 1
list_agent: "Rick Smith"
list_office: "KW Bay Area Estates"
list_agent_phone: "(408) 482-0539"
list_agent_license: 00907087
mls_source: MLSL
modified: 2026-02-01
transaction_type: recentlySold
---

Home | Santa Clara County | Los Gatos | 95032 | 511 University Ave

511 University Ave, Los Gatos, CA 95032

MLS: ML81961957 | Status: Sold | Price: $2,000,000
Beds/Baths: – / –
Property Type: Residential Income

Quick Facts

Beds Baths Sq Ft Sq Ft Lot Yr Built
2,145 7,203 1920

Remarks

Rare opportunity to own an investment property in Downtown Los Gatos. Nicely renovated 3-unit property; freshly painted inside & out. All new LVP Flooring in all units. All new lighting, switches & outlets, very nice! Low maintenance yards: Spacious patios for Unit A and the back Cottage, common area patio behind the main building. Each unit has separate laundry area (A has W/D included). Full basement under main house, partially finished. Detached 1 car garage + on site & street parking. Main building; Unit A has 2 Bedrooms, 1 Bath w/nice living room, spacious kitchen, laundry room + private backyard. Unit B has 1 bedroom, 1 bath, living room and laundry. Detached cottage in rear is 1 bedroom, 1 bath + small living room, private backyard and detached laundry room w/storage. Coveted location, close to restaurants, parks, shopping & more.

MLS Listing Information

Field Value
MLS # ML81961957
MLS Source MLSListings, Inc.

Features

Interior Features

Feature Details
Flooring Laminate
Cooling Ceiling Fan
Heating Floor Furnace, Wall Furnace

Exterior Features

Feature Details
Roof Composition
Foundation Concrete Perimeter

Parking, School, and Other Information

Feature Details
Garage/Parking Detached, On Street, Parking Area, Garage: 1 Car(s)
Elementary District Los Gatos Union Elementary
High School District Los Gatos-Saratoga Joint Union High
Water Public
Zoning R-1D

Contact Information

Rick Smith
KW Bay Area Estates
License #: 00907087
Phone: (408) 482-0539

Property Units

# Buildings # Leased Units # Total Units
2 0 3

Unit Details

Unit # Sq Ft Beds Baths Rent
1 1,035 2 1/0
2 719 1 1/4
3 391 1 1/0

School Ratings

School data provided by GreatSchools.org

Nearby Schools

School Type Grades Distance Rating
Los Gatos High School public 9-12 0.60 mi 10
Raymond J. Fisher Middle School public 6-8 0.65 mi 9
Daves Avenue Elementary School public K-5 0.66 mi 10
Louise Van Meter Elementary School public K-5 0.67 mi 10
Blossom Hill Elementary School public K-5 1.15 mi 10
Alta Vista Elementary School public K-5 2.13 mi 10
Carlton Elementary School public K-5 2.13 mi 9
Union Middle School public 6-8 2.56 mi 10
Westmont High School public 9-12 2.79 mi 9
Redwood Middle School public 6-8 3.14 mi 9
Leigh High School public 9-12 3.27 mi 10
Saratoga Special Services Preschool public UG 3.38 mi N/A
Lakeside Elementary School public K-5 3.41 mi 9
Saratoga Elementary School public K-5 3.45 mi 9
Noddin Elementary School public K-5 3.51 mi 9
Lexington Elementary School public K-5 3.58 mi 8
Oster Elementary School public K-5 3.65 mi 10
Gussie M. Baker Elementary School public K-5 3.69 mi 8
Saratoga High School public 9-12 3.69 mi 10
Foothill Elementary School public K-5 3.85 mi 9

Disclosures

©2026 MLSListings Inc. All rights reserved. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Information provided is for personal, non-commercial use by the viewer and may not be redistributed without explicit authorization from MLSListings Inc.

Presently MLSListings.com displays Active, Contingent, Pending, and Recently Sold listings. Recently Sold listings are properties which were sold within the last three years. After that period listings are no longer displayed in MLSListings.com. Pending listings are properties under contract and no longer available for sale. Contingent listings are properties where there is an accepted offer, and seller may be seeking back-up offers. Active listings are available for sale.

This listing information is up-to-date as of February 01, 2026. For the most current information, please contact Rick Smith, (408) 482-0539.