Get the App

209 Milbrae Lane, Los Gatos, CA 95032

Commercial property · 2 recorded sales since 2015

209 Milbrae Lane, Los Gatos, CA 95032 Sold January 2025 CRMLS
$3,310,000Sold January 2025

Listing Agent: Fred Rubio (DRE #01984041) · Listing Office: Marcus & Millichap · Contact: (650) 391-1700 · Bought with: Fred Rubio · Marcus & Millichap · MLS #ML81986907 · Source: CRMLS

5,750
Building Sq Ft
12,062 sqft
Lot Size
1958
Year Built
RM520
Zoning
Commercial property
Type

About this commercial property

209 Milbrae Lane is a fully upgraded, eight unit apartment building located in Los Gatos, CA. The asset was constructed in 1958, and fully renovated in 2018. It sits on a 12,062 square foot lot, offering 5,750 square feet of building area. 209 Milbrae Lane offers (6) six one-bed, one-bath units, and (2) two-bed, one-bath units, all of which have been fully upgraded including: LPV flooring, granite counter tops, new cabinets and fixtures in the kitchens and bathrooms, central HVAC and in-unit washer and dryers. In addition to high-end interior renovations, the complex offers tenants private covered parking stalls, individual 8x8 storage spots, a small private fenced interior courtyard and a mini putting green. An investor could not ask for a better location. 209 Milbrae sits within walking distance to the numerous premium retail and restaurant options of down town Los Gatos. Furthermore, tenants living here are within the highly rated and prestigious Los Gatos-Saratoga Union High School District which makes this asset a poplar choice for tenants looking to be within this school district.

Listing description from the January 2025 sale, as reported to CRMLS.

Sale history

$3,310,000
Sold January 2025 · listed $4,300,000, on market November 2024 · MLS #ML81986907 · Source: CRMLS
Listing Agent: Fred Rubio · Listing Office: Marcus & Millichap · Contact: (650) 391-1700 · Bought with: Fred Rubio · Marcus & Millichap
$2,690,000
Sold December 2015 · listed $2,250,000, on market September 2015 · MLS #ML81516362 · Source: CRMLS
Listing Agent: Brad Huggett · Listing Office: Fireside Realty · Contact: (408) 267-5350 · Bought with: Brad Huggett · Fireside Realty
See homes for sale in Los Gatos Open the Nalren App

Explore Los Gatos