$ 4,300,000
209 Milbrae Lane Los Gatos, CA 95032
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Listed by Fred Rubio • Marcus & Millichap
$ 4,300,000
Est. payment /mo
New
209 Milbrae Lane Los Gatos, CA 95032
5,750 SqFt
UPDATED:
11/19/2024 06:13 PM
Key Details
Property Type Commercial
Sub Type Other
Listing Status Active
Purchase Type For Sale
Square Footage 5,750 sqft
Price per Sqft $747
MLS Listing ID ML81986907
HOA Y/N No
Originating Board Datashare MLSListings
Year Built 1958
Lot Size 0.277 Acres
Property Description
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.
Location
State CA
County Santa Clara
Interior
Heating Forced Air
Cooling Other
Fireplace No
Appliance Dishwasher, Refrigerator
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