Property Details
About this Property
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.
MLS Listing Information
MLS #
ML81986907
MLS Source
MLSListings, Inc.
Days on Site
3
Interior Features
Kitchen
Countertop - Granite, Dual Fuel
Appliances
Washer/Dryer
Flooring
Vinyl/Linoleum
Cooling
Central Forced Air, Other
Heating
Central Forced Air
Exterior Features
Roof
Flat
Foundation
Concrete Perimeter and Slab
Parking, School, and Other Information
Garage/Parking
Carport, Common Parking Area, Garage: 0 Car(s)
Elementary District
Los Gatos Union Elementary
High School District
Los Gatos-Saratoga Joint Union High
Zoning
RM520
Unit Information
| # Buildings | # Leased Units | # Total Units |
|---|---|---|
| 1 | 8 | 8 |
| Type | Sq Ft | Beds | Baths | Min Rent | Max Rent | Units Like This |
|---|---|---|---|---|---|---|
| 1 | 600 | 1 | 1/0 | $2,475 | $2,550 | 6 |
| 2 | 800 | 2 | 1/0 | $3,150 | $3,250 | 2 |
Neighborhood: Around This Home
Neighborhood: Local Demographics
Nearby Homes for Sale
209 Milbrae Ln is a Residential Income in Los Gatos, CA 95032. This 5,750 square foot property sits on a 0.276 Acres Lot and features – bedrooms & – full bathrooms. It is currently priced at $4,300,000 and was built in 1958. This address can also be written as 209 Milbrae Ln, Los Gatos, CA 95032.
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This listing information is up-to-date as of November 18, 2024. For the most current information, please contact Fred Rubio, (408) 314-3009
