209 Milbrae Lane
$4,300,000
—
5,750
5,750
$748
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:...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.
- Listed by Fred Rubio • DRE #01984041 • Brokerage DRE #01240999 • Marcus & Millichap • 408-314-3009
Property Details for 209 Milbrae Lane
MLS City Name
LOS GATOS
Building TypeOther
Garage Spaces0
Parking Spaces3
LISTING UPDATED: 11/18/2024 01:11 PM
Property Details for 209 Milbrae Lane
Status | Active |
---|---|
MLS # | ML81986907 |
Days on Compass | 3 |
Taxes | $48,225 / year |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Multi Family 5+ |
MLS Type | 5+ Units / Five or More Units |
Year Built | 1958 |
Lot Size | 0.28 AC / 12,062 SF |
County | Santa Clara County |
Building Information for 209 Milbrae Lane
Stories-Residences-Year Built1958Building Size-Lot Size0.28 AC / 12,062 SF
Property Information for 209 Milbrae Lane
Property History for 209 Milbrae Lane
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 209 Milbrae Lane
Taxable ValueLand$2,690,628Additions$2,050,322Total$4,740,950
Tax Record2024$58,364 ($4,864 / month)
Home Facts
Total Finished SqFt5,166 SqFtAbove Grade Finished SqFt5,166 SqFtStories2Lot Size12,062 SqFtStyleMulti-Family Res (5+ Units)Year Built1958ZoningRM520CountySANTA CLARAAPN529-08-034Fireplace TypeHas Fireplace
Schools near 209 Milbrae Lane
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.
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