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Sold for $2,000,000 on 05/17/24
  • $2,000,000

    511 University Ave, Los Gatos, CA 95032

    --beds
    --baths
    2,145sqft
    Triplex,
    Built in 1920
    -- sqft lot
    $2,270,600 Zestimate®
    $932/sqft
    $3,690 Estimated rent

    What's special

    Rare opportunity to own an investment property in Downtown Los Gatos. Nicely renovated 3-unit property; freshly painted inside & out. All new LVP Flooring in all units. All new lighting, switches & outlets, very nice! Low maintenance yards: Spacious patios for Unit A and the back Cottage, common area patio behind the main building. Each unit has separate laundry area (A has W/D included). Full basement under main house, partially finished. Detached 1 car garage + on site & street parking. Main building; Unit A has 2 Bedrooms, 1 Bath w/nice living room, spacious kitchen, laundry room + private backyard. Unit B has 1 bedroom, 1 bath, living room and laundry. Detached cottage in rear is 1 bedroom, 1 bath + small living room, private backyard and detached laundry room w/storage. Coveted location, close to restaurants, parks, shopping & more.

    Zillow last checked: 7 hours ago

    Listing updated: January 04, 2025 at 01:03am

    Listed by:

    Rick Smith 00907087 408-482-0539,

    KW Bay Area Estates

    Bought with:

    Sheva Neinavaie, 01180189

    Intero Real Estate Services

    Source: MLSListings Inc,MLS#: ML81961957MLS Logo

    Facts & features

    Interior

    Heating
    • Floor Furnace, Wall Furnace
    Cooling
    • Ceiling Fan(s)
    Features
    • Flooring: Laminate
    • Doors: None
    Interior area
    • Total structure area: 2,145
    • Total interior livable area: 2,145 sqft

    Property

    Parking
    • Total spaces: 3
    • Parking features: Detached, On Street, Parking Area
    • Garage spaces: 1
    • Has carport: Yes
    Accessibility
    • Accessibility features: None
    Features
    • Stories: 1
    Lot
    • Size: 7,203 sqft
    Details
    • Parcel number: 52907027
    • Zoning: R-1D
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Triplex,
    Materials
    • Foundation: Concrete Perimeter
    • Roof: Composition
    Condition
    • Year built: 1920

    Utilities & green energy

    • Gas: IndividualGasMeters, PublicUtilities
    • Water: Public
    • Utilities for property: Public Utilities, Water Public, Individual Electric Meters, Individual Gas Meters

    Community & neighborhood

    Location
    • Region: Los Gatos

    Other

    Other facts
    • Listing agreement: ExclusiveRightToSell
    Services availability
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    Estimated market value

    $2,270,600