San Jose - Silicon Valley - Charlene Jung
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Listing Courtesy Of: Marcus & Millichap, Fred Rubio
Listing Sold By: Marcus & Millichap
Local Realty Services Provided By: Keller Williams Thrive
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$3,310,000
209 Milbrae Lane, Los Gatos, CA 95032
3 Beds
2 Baths
5,750 sq ft
.28 sq ft
$3,310,000

209 Milbrae Lane, Los Gatos, CA 95032

Estimation provided by Keller Williams Realty Inc.
3 Beds
2 Baths
5,750 sq ft
.28 sq ft
Closed
Sold

Property Description

209 Milbrae Lane is a fully upgraded, eight unit apartment building located 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

Property Details

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Overview
Property Type
Multi Family
Property Size
5,750 sq ft
Year Built
1958
Days on Site
109 Days
HVAC
Central, Central Air
Parking
11 Parking Spaces
Charlene Jung
San Jose - Silicon Valley
01947692

Activity History

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Purchase Price: $3,310,000
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Price & Tax History

Date
Event
Price
11/18/2024
Listed
$4,300,000
(+1.18%)
06/11/2018
Sold
$4,250,000
(+57.99%)
11/12/2015
Sold
$2,690,000
Year
Property Tax
Assessed Value
Assessed Value is a combination of the land and additions.
2023
$57,491
(+2.53%)
$4,740,950
Land 2,690,628 + Additions 2,050,322
2021
$56,070
(+2.11%)
$4,556,855
Land 2,586,149 + Additions 1,970,706
2020
$54,910
(+1.69%)
$4,467,506
Land 2,535,441 + Additions 1,932,065
2019
$53,999
(+48.96%)
$4,421,699
Land 2,509,444 + Additions 1,912,255
2018
$36,252
(+3.71%)
$4,335,000
Land 2,460,240 + Additions 1,874,760
2016
$34,955
$2,743,800
Land 1,106,700 + Additions 1,637,100
The Property History data displayed is obtained from public records and/or MLS feeds from the local jurisdiction in which the applicable property is located. As kw.com cannot guarantee that all public records and MLS data is accurate and error-free, it is important that you contact your agent directly in order to obtain the most up-to-date information available.

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Car-Dependent Walkable Very Walkable
Charlene Jung
San Jose - Silicon Valley
01947692

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