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… Read More 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. Read Less
Courtesy of Marcus & Millichap, Fred Rubio 408-314-3009
Listing Snapshot
Days Online
6
Last Updated
Property Type
Five Or More Units
Square Ft.
5,750
Lot Size
0.28 Acres
Year Built
1958
MLS Number
ML81986907
30 Days Snapshot Of 95032
$2,336k
-23%
(avg) sold price
23
+9%
homes sold
22
+10%
(avg) days on market
Snapshot
Area Map
Additional Details
Lot
Max Area: 12062.00, Max Area Units: Square Feet, Lot is 0.27690541781451 acres
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