NOT LISTED FOR SALE

162 Villa Ave Los Gatos, CA 95030

East Los Gatos Neighborhood
6 Beds
4 Baths
2,860 Sq Ft
0.28 Acres

Last Sold February 11, 2015

Last sale price $1,769,694 $619 Per Sq Ft

81 Days on Market

Highlights

  • Tile Flooring
  • Floor Furnace
  • 4-minute walk to Pageant Grounds Park
  • Louise Van Meter Elementary School Rated A
  • 1-Story Property

About This Home

As of February 2015

Great fourplex property in downtown Los Gatos. Nicely maintained property. Each unit has a private patio area, fireplace and covered parking space. There is potential to subdivide the property into two SFR lots with a CUP. Buyer to confirm details and timeline.

Last Agent to Sell the Property

Greg Poncetta

Poncetta Properties License #01218360 Listed on: 10/30/2014

Last Buyer's Agent

RECIP

Out of Area Office License #00000000

Property Details

Home Type

  • Multi-Family

Year Built

  • 1953

Lot Details

  • 0.28

Home Design

  • Quadruplex
  • Composition Roof

Interior Spaces

  • 2,860 Sq Ft Home
  • 1-Story Property

Kitchen

  • Oven or Range
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Tile
  • Vinyl

Parking

  • Carport
  • Off-Street Parking

Utilities

  • Floor Furnace
  • Wall Furnace
  • Sewer Within 50 Feet

Listing and Financial Details

  • Total Actual Rent $88,152
  • The owner pays for services - gardener/landscaping

Community Details

Overview

  • 4 Units
  • 2,860 Sq Ft Building

Building Details

  • Gardener Expense $2,295
  • Insurance Expense $8,789
  • Maintenance Expense $6,806
  • Manager Expense $5,526
  • Utility Expense $16
  • Operating Expense $30,923
  • Gross Income $88,152

Property Details

Home Type

Multi-Family

Year Built

1953

Lot Details

0

Listing Details

  • Zoning: R-1D
  • Subclass: Fourplex
  • Age: 61
  • Inspections Reports: Fault Zone, Flood Zone
  • Listing Class: Residential Income (2-4 Units)
  • Max Numberof Unitsin Complex: 4
  • Min Numberof Unitsin Complex: 4
  • Structure Sq Ft: 2860
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1953

Interior Features

  • Kitchen: Dishwasher, Garbage Disposal, Oven Range, Refrigerator
  • Living Sq Ft: 2860
  • Stories: 1
  • Laundry: Laundry Area - In All Units
  • Flooring: Carpet - Area, Tile, Vinyl / Linoleum, Carpet

Exterior Features

  • Roof: Composition

Garage/Parking

  • Garage Parking Features: Private / Exclusive, Off-Street Parking, Carport

Utilities

  • Heating System: Wall Furnace, Floor Furnace
  • Sewer/Septic System: Sewer In Street, Sewer Connected

Condo/Co-op/Association

  • HOA Amenities: Patio - Private

Schools

  • School District: Los Gatos-Saratoga Joint Union High
  • Elementary School: Louise Van Meter Elementary
  • Middle School: Raymond J. Fisher Middle
  • High School: Los Gatos High
  • High School: 262
  • Elementary School: 143
  • Middle School: 141

Lot Info

  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 12510.00
  • Lot Size Area Maximum Units: Square Feet
  • Lot Size Area Max Search: 12510.00
  • Lot Size Area Min Search: 12510.00
  • Maximum Lot Size: 12510.00

Rental Info

  • Existing Lease Term(s): Less Than 1 Yr
  • Gross Rent Multiplier: 28.93

Multi Family

  • Expense Insurance: 8789
  • Expense Landscape: 2295
  • Expense Maintenance: 6806
  • Expense Management: 5526
  • Expenses Total: 30923
  • Expenses Utility: 16
  • Expense Water Sewer: 17
  • Income Annual Gross: 88152.00
  • Income Annual Rental: 88152
  • Income Gross Scheduled: 88152
  • Income Includes: Lease
  • Maximum Building Height: 1
  • Meters: Separate Electric, Separate Gas, Separate Water
  • Minimum Building Height: 1
  • Number Of Buildings: 2
  • Operating Expenses Include: Services - Gardener, Insurance, Maintenance - Repair, Fee - Property Management, Fee - Property Tax
  • Owner Pays: Services - Gardener/Landscaping
  • Tenant Expenses: Utilities - Gas, Utilities - Water, Utilities - Heating, Cable Tv, Utilities - Electric, Services - Trash Removal

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/11/2015 02/11/15 Sold $1,769,694 -30.6% $619 / Sq Ft
01/19/2015 01/19/15 Pending -- -- --
10/30/2014 10/30/14 For Sale $2,550,000 -- $892 / Sq Ft
Source: MLSListings

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • G

    Seller's Agent in 2015

    Greg Poncetta

    Poncetta Properties

  • R

    Buyer's Agent in 2015

    RECIP

    Out of Area Office

See All Agents

Map

Source: MLSListings

MLS Number: ML81438812

MLSListings

APN: 529-34-079

California Santa Clara County Los Gatos 95030 East Los Gatos

162 Villa Ave, Los Gatos, CA

This home is located at 162 Villa Ave, Los Gatos, CA 95030 since 30 October 2014. This property was built in 1953. 162 Villa Ave is a home located in Santa Clara County with nearby schools including Louise Van Meter Elementary School, Loma Prieta Elementary School, and Raymond J. Fisher Middle School.

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