Listing Agent: Bill Rippe Broker/Office: Christie's International Real Estate Sereno
16 Terrace Court Los Gatos CA 95030
$ 2,499,000
5
| 3
| 2123 Sq Feet
Listing ID
#ML82031505
Status
Active
Property Type
Single Family Residence
County
Santa Clara
Year Built
1954
Days on website
6
Description
Well-maintained and fully updated TRIPLEX in town, offering strong income with low operating expenses. The property features two spacious 2-bedroom/1-bath units - 761 sf and one 1-bedroom/1-bath unit, 547 sf, all in excellent condition with nothing needed. Each unit offers larger kitchens, generously sized bedrooms and bathrooms, in-unit washer/dryers, private porches, and outdoor areas ideal for planting or personal use. Centrally located near the high school off of East Main then Pleasant Street, short walk to town and trails. Solid rental history with good rents, very low expenses, and reliable long-term tenants in place with newly extended leases. Turnkey investment with stable cash flow, would be easily filled if vacated due to location and unit quality.
Location
Financial Information
List Price:
$ 2499000
Property Features
High School District:
Other
Middle Or Junior School:
Raymond J. Fisher
MLS Area Major:
699 - Not Defined
City:
Los Gatos
Listed By:
Bill Rippe
Christie's International Real Estate Sereno
CA Lic#
CA Lic#