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.
MLS# | ML81986907 |
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Listing Type | For Sale |
Sub-Type | Resale |
Status | Active |
Year | 1958 |
Days On Site | 63 |
Listing Provided By | Marcus & Millichap (650) 391-1700 | Fred Rubio |
SQ Feet | 5,750 |
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Car Port | Yes |
Building(s) | 1 |
Zoning | RM520 |
Acreage | 0.28 |
State | CA |
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County | Santa Clara |
City | Los Gatos |
Zip Code | 95032 |
Area | 699 Not Defined |
School District | Other |
Listing VS Median (in 95032) | |
Price: $4,300,000 low | high Med: $1,598,000 SqFt: 5,750 low | high Med: 1,422 $ / SqFt: $748 low | high Med: $1,124 On Site: 63 low | high Med: 10.000000 |