209 Milbrae Lane
Los Gatos, CA 95032
0.28 acres | #ML81986907
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.
Property Details
- Acres0.2769
Construction Details
- Property TypePurchase
Condition
- Year Built1958
Community and Neighborhood Details
- CountySanta Clara
- School DistrictOther
Financial Details
- Original List Price$4,300,000
- Taxes Annual$48,225
Other
- MLS #ML81986907
Location
Legal
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Last Updated: . Source: CRMLS
Listing Courtesy
Listing Agent: Fred Rubio (#ML5072679)
Listing Office: Marcus & Millichap (#ML88226)
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