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209 Milbrae Lane, LOS GATOS, CA 95032 (MLS # ML81986907)


Price $4,300,000
Status Active
Beds 0
Baths 0 Bath
Home size 5,750 sqft
Lot Size 12,062 sqft
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.
Property Type(s): Multi Family
Last Updated 11/18/2024 Year Built 1958
County Santa Clara

Additional Details

AIR Central Air
AIR CONDITIONING Yes
APPLIANCES Washer
HEAT Central, Forced Air
LOT 0.2769 acre(s)
LOT DIMENSIONS 12062.00
ZONING RM520
Listed by Fred Rubio | 408-314-3009, Marcus & Millichap

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