Los Gatos, CA 95030,16 Terrace CT
Los Gatos, CA 95030,16 Terrace CT
Los Gatos, CA 95030,16 Terrace CT
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Listed by Bill Rippe • Christie's International Real Estate Sereno
$2,499,000
Est. payment /mo
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5 Beds
3 Baths
2,123 SqFt
New

16 Terrace CT Los Gatos, CA 95030

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The Ruiz Group Real Estate

The Ruiz Group Real Estate

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Key Details

Property Type Multi-Family

Sub Type Triplex

Listing Status Active

Purchase Type For Sale

Square Footage 2,123 sqft

Price per Sqft $1,177

MLS Listing ID ML82031463

Bedrooms 5

Full Baths 3

Year Built 1954

Lot Size 7,830 Sqft

Property Sub-Type Triplex

Property Description

Well-maintained and fully updated triplex offering strong income with low operating expenses. The property features two spacious 2-bedroom/1-bath units and one 1-bedroom/1-bath unit, 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, providing excellent walkability to town and trails and consistent tenant demand. 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. Expenses provided are estimates for 12 months.

Location

State CA

County Santa Clara

Area Los Gatos/Monte Sereno

Zoning RM512

Rooms

Kitchen Cooktop - Gas, Countertop - Solid Surface / Corian, Countertop - Synthetic, Dishwasher, Exhaust Fan, Hookups - Gas, Microwave, Oven - Electric, Oven - Self Cleaning, Oven Range, Refrigerator

Interior

Heating Central Forced Air - Gas

Cooling Central AC

Flooring Hardwood, Laminate, Tile

Laundry Washer / Dryer

Exterior

Exterior Feature Back Yard, Balcony / Patio, BBQ Area, Fenced, Storage Shed / Structure

Parking Features Assigned Spaces, No Garage, On Street, Uncovered Parking

Utilities Available Individual Electric Meters, Individual Gas Meters

View Garden / Greenbelt

Roof Type Composition

Building

Lot Description Grade - Gently Sloped, Grade - Sloped Up , Paved

Story 1

Foundation Concrete Perimeter, Crawl Space, Post and Beam, Wood Frame

Sewer Sewer - Public

Water Public

Level or Stories 1

Others

Tax ID 529-26-011

Security Features None

Horse Property No

Special Listing Condition Not Applicable

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