Open House: Tue, Dec 10th 11:00 AM - 12:30 PM PST

Active

209 Milbrae Lane

Los Gatos CA, 95032

$4,300,000


$747.83 per sqft

Active

5,750 sqft

Other

Built in 1958

***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.

ML81986907

MLS ID

November 18, 2024

Listed

December 5, 2024

Updated

Map

209 Milbrae Lane
Los Gatos CA, 95032

Interior Features

Interior Features

Updated Baths, Updated Kitchen


Appliances

Dishwasher, Refrigerator


Fireplace

No


Cooling

Yes


Cooling Description

Other


Heating

Yes


Heating Description

Forced Air

Exterior/Building Features

Lot Size

0.28 Acres

Other Property Details

Area Name

Los Gatos


Garage

No


View

No


County

Santa Clara


Pool

No


Zoning

RM52

Open House Schedule

Tue, Dec 10th

11:00 AM - 12:30 PM PST

Listed by Fred Rubio with Marcus & Millichap
Listing Contact: 408-314-3009 

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