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.
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
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#: ML81961957

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