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209 Milbrae Ln
For Sale $4,300,000
$4,300,000
- Units
- Unknown Sq Ft
- 12,062 Sq Ft
- Unknown Cap Rate
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.
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Amenities
Garage
Pool
Garden
Security System
Internet
Telephone
Heating
Fireplace
Balcony & Patio
TV / Cable
Laundry
Hardwood Floors
Spa
Air Conditioning
Solar Power
Floor Plan
Great Views
Natural Light
Quiet
Water View
Elevator
Guest Unit(s)
Furnished
220 Volt
Property Details
| List Price | $4,300,000 |
| Property Type | Other |
| Usable Sqft | Unknown |
| Number of Stories | 0 stories |
| Parking Spots | 3 spots |
| Year Built | 1958 |
| Last Sold | Unknown |
| Sold Price | Unknown |
| HOA Fees: | $0 |
| Association Name: | Unknown |
| Association Amenities: | Unknown |
| APN # | 52908034 |
| MLS # | ML81986907 |
| Property ID | 321066429 |
| Lot Sqft | 12,062 |
| Zoning | RM520 |
| Days on Market | 5 |
| Original List Price | $4,300,000 |
| Date Updated | November 18, 2024 |
| Date Created | November 18, 2024 |
Financials not available online. Please inquire with your agent for more details.
Listing Provided By
Fred Rubio an agent of . Lic #01984041
© 2024 CRMLS. All rights reserved. Some listings on this website are from CRMLS as of November 18, 2024 The information being provided is for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Robert Crawford
REAL ESTATE AGENT