19915 Wright DR, Los Gatos, CA 95033
19915 Wright DR, Los Gatos, CA 95033
19915 Wright DR, Los Gatos, CA 95033
50
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Listed by Scott C. Poncetta • KW Bay Area Estates, DRE#01497030
$2,250,000
Est. payment /mo
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8 Beds
5 Baths
2,564 SqFt
Open Sat 1:30PM-4:30PM

19915 Wright DR Los Gatos, CA 95033

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The Ruiz Group Real Estate

The Ruiz Group Real Estate

+1(831) 877-2057

Open House

Sat Oct 31, 1:30pm - 4:30pm

Sun Nov 01, 1:30pm - 4:30pm

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Multiple Dwellings / Structures

Listing Status Active

Purchase Type For Sale

Square Footage 2,564 sqft

Price per Sqft $877

MLS Listing ID ML82065898

Bedrooms 8

Full Baths 5

Year Built 1920

Lot Size 0.920 Acres

Property Sub-Type Multiple Dwellings / Structures

Property Description

THREE RESIDENCES. ESTABLISHED INCOME. EXCEPTIONAL LOS GATOS LOCATION. Three income-producing residences on nearly an acre, just five minutes from downtown Los Gatos and 100 yards from Lexington Reservoir. The attached in-law unit and detached cottage currently generate approximately $6,000 per month combined. The five-bedroom main home previously rented for an additional $6,000 per month, bringing potential gross rental income to approximately $12,000 monthly, or $144,000 annually, based on current and historical rents. The main home features brand-new flooring throughout, dual-pane windows, fresh paint, stainless steel appliances, and quartz countertops. A two-car garage and approximately 540-square-foot semi-finished basement provide additional utility and storage. Desirable Los Gatos schools, proximity to downtown, and access to Lexington Reservoir strengthen the property's rental appeal. With two rentals already generating income and an established rental history for the main home, this versatile property offers a compelling opportunity for investors seeking multiple income streams in a sought-after Los Gatos location. This is a very rare opportunity and excellent value. Don't miss out on this incredible investment opportunity!

Location

State CA

County Santa Clara

Area Los Gatos Mountains

Zoning HS

Rooms

Other Rooms Basement - Finished, Storage, Other

Kitchen Cooktop - Gas, Countertop - Granite, Dishwasher, Garbage Disposal, Microwave, Oven Range - Built-In, Pantry, Refrigerator

Interior

Heating Fireplace , Forced Air, Propane

Cooling Ceiling Fan

Flooring Carpet, Vinyl / Linoleum

Laundry Washer/Dryer - Some Units

Exterior

Exterior Feature Back Yard, Balcony / Patio, Deck , Sprinklers - Auto

Parking Features Attached Garage, Gate / Door Opener, Off-Street Parking

Garage Spaces 2.0

Utilities Available Propane On Site

View Forest / Woods, Mountains

Roof Type Composition,Shingle

Building

Lot Description Grade - Varies, Pond On Site

Story 1

Foundation Other

Sewer Existing Septic, Sump Pump

Water Private / Mutual, Spring

Level or Stories 1

Others

Tax ID 558-40-064

Miscellaneous Vaulted Ceiling

Security Features Fire System - Sprinkler,Secured Garage / Parking

Horse Property No

Special Listing Condition Not Applicable

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