105 Forrest Avenue

Los Gatos, CA 95032

$13,888,888
Price
Beds
26,241 Sq. Ft.
$529 / Sq. Ft.
26,241
Sq. Ft.
$529
per Sq. Ft.

Description

Compass is pleased to offer this beautiful 28-unit apartment building, perfectly situated within walking distance of the vibrant heart of Downtown Los Gatos. This prime location provides the perfect blend of convenience and tranquility, allowing easy access to shops, restaurants, parks, and entertainment. Spanning 26,241 square feet, this thoughtfully designed community sits on a generous 35,424-square-foot lot and features a variety of floor plans to suit diverse needs. The building comprises 12...Compass is pleased to offer this beautiful 28-unit apartment building, perfectly situated within walking distance of the vibrant heart of Downtown Los Gatos. This prime location provides the perfect blend of convenience and tranquility, allowing easy access to shops, restaurants, parks, and entertainment. Spanning 26,241 square feet, this thoughtfully designed community sits on a generous 35,424-square-foot lot and features a variety of floor plans to suit diverse needs. The building comprises 12 spacious two-bedroom, one-bath units, ideal for small families or roommates. Plus, two comfortable two-bedroom, 1.5-bath units offer more space and convenience. In addition to 10 cozy one-bedroom, one-bath units are perfect for singles or couples seeking a comfortable living space. Finally, four generous three-bedroom, two-bath units accommodate larger families or those desiring extra room. Residents can also enjoy a refreshing pool, perfect for relaxation and recreation. Each unit is crafted with modern amenities and finishes, ensuring a comfortable and stylish living experience. Discover a new home in this charming Los Gatos community, where convenience meets comfort, all within a short stroll to downtown.

Listing Agent

  1. Dominic Gluhaich

    Dominic Gluhaich

    Listing Agent

    Compass

    DRE #02092371

Property Details for 105 Forrest Avenue

MLS City Name
LOS GATOS
Building Type
Other
Complex Name
Three Oaks
Garage Spaces
0
Parking Spaces
28
LISTING UPDATED: 10/01/2024 04:40 PM

Property Details for 105 Forrest Avenue

StatusActive
MLS #ML81982288
Days on Compass81
Taxes$156,527 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family 5+
MLS Type5+ Units / Five or More Units
Year Built1961
Lot Size0.81 AC / 35,424 SF
CountySanta Clara County

Building Information for 105 Forrest Avenue

Stories-Residences-Year Built1961Building Size-Lot Size0.81 AC / 35,424 SF

Property Information for 105 Forrest Avenue

Features
Features
  • Fireplace: No
  • Flooring: Carpet, Laminate, Tile
  • Living SqFt: 26241
  • Pool: Yes
  • Pool Type: Community Facility
  • Security Features: Varies by Unit
  • Special Features: Other
Utilities
  • Cooling: Ceiling Fan, Window / Wall Unit
  • Heating: Forced Air
  • Meters: Separate Electric, Separate Gas
  • Sewer Septic: Sewer - Public
  • Utilities: Public Utilities
  • Water: Public
Carport and Parking
  • Carport Min: 28
Garage
  • Garage and Parking: Assigned Spaces
Property Details
Homeowners Association
  • HOA Amenities: Additional Storage, BBQ Area, Club House, Community Pool, Other
  • HOA Exists: 0
  • HOA Fee: $0
Property Details
  • Min Num Of Units in Complex: 28
  • Area Text: Los Gatos/Monte Sereno
  • Restrictions: Other
  • Roof: Rolled Composition
  • Subclass: Five or More Units
  • Year Built Source: Assessor
  • Street Number: 105
  • Street Name: Forrest
  • Street Suffix: Avenue
  • Area ID: 16
Lot / Property Details
Building Information
  • Number of Buildings: 5
  • Structure SqFt: 26241
  • Structure SqFt Source: Assessor
  • Age: 63
Development Information
  • Zoning Detail: RM520
Location Information
  • Parcel Number: 529-10-077
  • County Name: Santa Clara
  • City Name: LOS GATOS
  • City Postal ID: 30
  • Postal Code: 95032
  • Elementary School: 127
  • Elementary School District: 459
  • Middle School Text: C. T. English Middle
  • High School District Text: Los Gatos-Saratoga Joint Union High
  • High School Text: Los Gatos High
Lot Information
  • Foundation: Sealed Crawlspace
  • Lot Acres: .81
  • Lot Size Area Maximum Units: Square Feet
  • Lot Size Area Minimum Units: Square Feet
  • Lot Size Source: Assessor
Multi Family Information
Building Information
  • No Of Leased: 27
General Information
  • Annual Tax Amount: $156,527
  • Capitalization Rate: 5.03
  • Tenant Expenses: Utilities - Electric, Utilities - Gas, Utilities - Water
  • Income Includes: Coin Operated Equip, Laundry
  • Vacancy Factor: 3
Income / Expense Details
  • Expense Insurance: $8,191
  • Expense Landscape: $8,400
  • Expense Maintenance: $14,000
  • Expense Management: $0
  • Expense Trash: $11,444
  • Expenses Other: $3,700
  • Expenses Utility: $30,550
  • Expenses Total: $232,812
  • Operating Expenses Include: Insurance, Maintenance, Maintenance - Pool/Spa, Services - Gardener, Services - On-Site Manager, Services - Trash Removal, Utilities
  • Gross Rent Multiplier: 14.46
  • Income Annual Gross: $931,375
  • Income Annual Rental: $947,400
  • Income Gross Scheduled: $960,180
  • Income Other: $12,780
Unit 1 Information
  • Unit 1 Full Bathrooms: 1
  • Unit 1 Number of Bedrooms: 1
Unit 2 Information
  • Unit 2 Full Bathrooms: 1
  • Unit 2 Number of Bedrooms: 2
Unit 3 Information
  • Unit 3 Full Bathrooms: 1
  • Unit 3 Half Bathrooms: 1
  • Unit 3 Number of Bedrooms: 2
Unit 4 Information
  • Unit 4 Full Bathrooms: 2
  • Unit 4 Number of Bedrooms: 3

Property History for 105 Forrest Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 105 Forrest Avenue

Taxable ValueLand$1,058,143Additions$2,357,931Total$3,416,074
Tax Record2024$54,580 ($4,548 / month)
Home Facts
Total Finished SqFt26,241 SqFtAbove Grade Finished SqFt26,241 SqFtStories2Lot Size35,424 SqFtStyleMulti-Family Res (5+ Units)Year Built1961ZoningRM520CountySANTA CLARAAPN529-10-077Fireplace TypeHas Fireplace

Schools near 105 Forrest Avenue

This home is within Los Gatos Union Elementary School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - K to 5
Public - 6 to 8
Public - 6 to 8
Rating
School
Distance
Daves Avenue Elementary School
PublicK to 5

Loma Prieta Elementary School
PublicK to 5

Raymond J. Fisher Middle School
Public6 to 8

C. T. English Middle School
Public6 to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

Sorry, we can't find any similar homes at this time. Please check back later.

Similar Sold Homes

Sorry, we can't find any similar sold homes at this time. Please check back later.

105 Forrest Avenue is for sale in Los Gatos, CA 95032. This property was listed for sale on October 1, 2024 by Compass, it's currently listed at $13,888,888. This listing's school districts are Los Gatos Union Elementary School District, Loma Prieta Joint Union Elementary School District, Los Gatos-Saratoga Joint Union High School District. Nearby schools include Daves Avenue Elementary School, Loma Prieta Elementary School and Raymond J. Fisher Middle School. 105 Forrest Avenue is a 0-bed, 0-bath, 26,241 sqft built in 1961.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Compass, Dominic Gluhaich, DRE #02092371

Based on information from one of the following Multiple Listing Services: San Francisco Association of Realtors, the MLSListings MLS, the BAREIS MLS, the EBRD MLS, Shasta Association of REALTORS® Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by San Francisco Association of Realtors, the MLSListings MLS, the BAREIS MLS, the EBRD MLS, Shasta Association of REALTORS® is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.