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Sold for $3,310,000
  • $3,310,000

    Milbrae Ln, Los Gatos, CA 95032

    3beds
    2baths
    5,750sqft
    Five Or More Units, Residential Income
    Built in 1958
    -- sqft lot
    $3,179,100 Zestimate®
    $576/sqft
    $3,586 Estimated rent

    Home value

    $3,179,100

    $2.89M - $3.50M

    $3,586/mo

    Zestimate® history
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    $3,586/mo

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    $21,267/mo

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    What's special

    New cabinets and fixturesLpv flooringGranite counter topsPrivate covered parking stallsIn-unit washer and dryersCentral hvac
    209 Milbrae Lane is a fully upgraded, eight unit apartment building located 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.

    Zillow last checked:

    Listing updated:

    Listed by:

    Fred Rubio 01984041 408-314-3009,

    Marcus & Millichap 650-391-1700

    Bought with:

    Fred Rubio, 01984041

    Marcus & Millichap

    Source: MLSListings Inc,MLS#: ML81986907MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 2
    Kitchen
    • Features: Countertop_Granite, DualFuel
    Heating
    • Central Forced Air
    Cooling
    • Central Air, Other
    Appliances
    • Included: Washer/Dryer
    Features
    • Flooring: Vinyl Linoleum
    • Doors: None
    • Windows: Other
    Interior area
    • Total structure area: 5,750
    • Total interior livable area: 5,750 sqft

    Property

    Parking
    • Total spaces: 3
    • Parking features: Carport, Common
    • Has carport: Yes
    Accessibility
    • Accessibility features: None
    Lot
    • Size: 0.28 Acres
    Details
    • Parcel number: 52908034
    • Zoning: RM520
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Five Or More Units, Residential Income
    Materials
    • Foundation: Concrete Perimeter and Slab
    • Roof: Flat
    Condition
    • Year built: 1958

    Utilities & green energy

    • Gas: IndividualGasMeters

    Community & HOA

    Location
    • Region: Los Gatos

    Financial & listing details

    • Price per square foot: $576/sqft
    • Date on market: 11/18/2024
    • Listing agreement: ExclusiveRightToSell
    • Inclusions: OvenRangeAllUnits
    • Lease term: Month To Month

    Price history

    DateEventPrice
    1/29/2025Sold$3,310,000-23%$576/sqft
    Source: MLSListings Inc #ML81986907 Report a problem
    1/21/2025Contingent$4,300,000$748/sqft
    Source: MLSListings Inc #ML81986907 Report a problem
    11/18/2024Listed for sale$4,300,000$748/sqft
    Source: MLSListings Inc #ML81986907 Report a problem

    Public tax history

    Tax history is unavailable.

    Neighborhood: 95032

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • District: LosGatosUnionElementary

    Source: MLSListings Inc. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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    Estimated market value
    $3,179,100
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $3,179,100