511 University AVE, Los Gatos, CA 95032

$1,899,950
2,145
SqFt
List Price
$1,899,950
Closing Date
May 17, 2024
MLS#
ML81961957
Status
PENDING (DO NOT SHOW)
Zoning
R-1D
Sqft. of Residence
2,145
Lot Size
7,203
Listing Area
Los Gatos/Monte Sereno

Property Description

Rare opportunity to own an investment property in Downtown Los Gatos. Nicely renovated 3-unit property; freshly painted inside & out. All new LVP Flooring in all units. All new lighting, switches & outlets, very nice! Low maintenance yards: Spacious patios for Unit A and the back Cottage, common area patio behind the main building. Each unit has separate laundry area (A has W/D included). Full basement under main house, partially finished. Detached 1 car garage + on site & street parking. Main building; Unit A has 2 Bedrooms, 1 Bath w/nice living room, spacious kitchen, laundry room + private backyard. Unit B has 1 bedroom, 1 bath, living room and laundry. Detached cottage in rear is 1 bedroom, 1 bath + small living room, private backyard and detached laundry room w/storage. Coveted location, close to restaurants, parks, shopping & more.

Additional Information

Acres
0.17
Age
104
Cooling System
Ceiling Fan
Floor Covering
Laminate
Foundation
Concrete Perimeter
Garage Parking
Detached Garage, On Street, Parking Area
Heating System
Floor Furnace, Wall Furnace
Living Area
2,145
Lot Size
7,203
Neighborhood
Los Gatos/Monte Sereno
Other Rooms
Laundry Room, Storage
Other Utilities
Individual Electric Meters, Individual Gas Meters, Public Utilities
Roof
Composition
Sewer
Sewer Connected
Special Features
None
Total Number Of Units
3
Zoning
R-1D

Mortgage Calculator

Amount of Loan
Annual Interest Rate
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Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of Rick Smith from KW Bay Area Estates. 408-482-0539

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