470 San Benito Avenue Los Gatos, CA 95030
Sale
$4,899,000
Units
Beds
Baths
9,300 Area(sq.ft.)
9,300 Lot Size(sq.ft.)
| Type | # of Units | Bedroom | Bath | Furnished | Rent | Actual Rent | Projected Rent |
|---|---|---|---|---|---|---|---|
| 0 | 0 | $ 0 | $ 0 | $ 0 |
| MLS #: | 81949697ML |
| Days On Market: | 92 |
| County: | Santa Clara |
| Property Type: | Residential Income |
| Price per ft2: | $ 527 |
| Year Built: | 1918 |
Property Details
Welcome to 470 San Benito Avenue...a rare opportunity to own a total of four units in downtown Los Gatos with the advantage of strong income. The main structure has a sophisticated penthouse with approximately +/- 2460 square feet of gracious living. You feel like you are living in New York. Below the penthouse are two apartments with approximately +/- 1200 square feet. Both units have been beautifully updated and remolded. The charming cottage sits on the same parcel but has a mailing address of 307 Andrews Street. The cottage is approximately =/- 700 square feet. All four units are currently rented. In the past, the penthouse has been owner-occupied and all other three units have been rented. The Penthouse has a rooftop deck over the garage with stunning views of the surrounding Mountains. The pool on the rooftop deck has been covered with a deck. Living in downtown Los Gatos offers a balance between a peaceful suburban lifestyle and access to many amenities. With beautiful sInterested in this Listing?
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Income Details
| Cap Rate: | 4.18% |
| Gross Rent Multiplier: | 23.94 |
Structure
| Security Features: | Other |
| Sewer: | Sewer - Public, Sump Pump |
| Water: | Public |
Land & Parking
| Zoning: | RM512 |
| Parking Garage: | Carport, Gated, Off-Street Parking, On Street |
Interior
| Cooking Appliances: | Cooktop - Electric, Cooktop - Gas, Oven-Electric, Oven-Gas |
| AC/Cooling: | Central, Wall/Window |
| Equipment: | Dishwasher, Garbage Disposal, Hood Over Range, Ice Maker, Microwave, Refrigerator |
| Heating: | Central, Electric, Floor Furnace |
| Interior Features: | Skylight |
| Kitchen Features: | Granite Counters, Pantry, Vented Exhaust Fan |
| Laundry: | Washer / Dryer |
| Patio Features: | Deck(s) |
Exterior
| Pool Description: | Other |
| Roof: | Other, Shingle |
Detailed Map
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Income
