205 Milbrae Ln, Los Gatos, CA 95032

$3,998,000
5,472
SqFt

Property Description

Desirable, turn key Los Gatos 8 Unit Multi-Family investment opportunity within a short stroll to downtown Los Gatos shopping and restaurants, near Whole Foods Market, Lunardi's Market and the Los Gatos Trail. The building is approximately 12 miles from Apple's new "Spaceship" campus, 8 miles from Santana Row and Valley Fair and 2.5 miles from Netflix Los Gatos Campus. Extensive interior and exterior capital improvements have just been completed by DeMattei Construction and the building is currently being leased and managed by professional property management. Desirable Unit-Mix consisting of Four 2BED/1BATH units and Four 1BED/1BATH Units. Improvements/Updates include: a new roof, dual pane windows, exterior stair system, exterior paint, private patios, landscaping, hardscape, flooring, interior paint and appliances. This building has great curb appeal and shows pride of ownership. There are currently 4 occupied units with annual leases.

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Courtesy of Sereno, Joe N. Pollifrone.

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