209 Milbrae Ln, LOS GATOS, CA

$4,300,000

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5,750

Square feet

0.28

Acres

About 209 Milbrae Ln

***OPEN HOUSE - TUESDAY, DECEMBER 10TH - 11AM-1230PM*** 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.

Features of 209 Milbrae Ln

MLS® # ML81986907
Price $4,300,000
Square Footage 5,750
Acres 0.28
Year Built 1958
Type Multi-Residential
Sub-Type Five or More Units
Status Active

Community Information

Address 209 Milbrae Ln
Area Los Gatos/Monte Sereno
City LOS GATOS
County Santa Clara
State CA
Zip Code 95032

Amenities

Utilities Individual Electric Meters, Individual Gas Meters
Parking Spaces 3
Is Waterfront No

Interior

Heating Central Forced Air Heat
Cooling Central Air Conditioning, Other
Fireplace No

Exterior

Roof Flat/Low Pitch
Foundation Concrete Perimeter & Slab

Additional Information

Zoning RM520
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

AgentFred Rubio
OfficeMarcus & Millichap
Contact Info408-314-3009

Listing Map

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