$2,298,000

Estimated payment $14,989/month

Total Views 14
5 Beds
6 Baths
3,273 Sq Ft
$702 Price per Sq Ft

Highlights

  • Victorian Architecture
  • Double Oven
  • Tandem Parking
  • Louise Van Meter Elementary School Rated A
  • Enclosed patio or porch
  • Shed

About This Home

PRIME LOCATION | TOP LOS GATOS SCHOOLS | Located just blocks from Downtown and zoned for top-rated Louise Van Meter Elementary, Fisher Middle, & Los Gatos HS, this rarely available duplex offers a compelling opportunity. The top unit features 3 beds and 2.5 baths, showcasing vintage Victorian charm with high ceilings, a clawfoot tub, and stained glass details. The lower unit includes 2 beds and 2.5 baths and has been remodeled with vinyl flooring, soft-close kitchen cabinets, stainless steel appliances, & quartz countertops. Each unit offers a spacious layout, dedicated laundry, & access to a large backyard. Additional highlights include 8 parking spaces and a side yard for storage or outdoor use. The property has been impeccably maintained, and the overall condition reflects consistent care & pride of ownership. Ideally situated between Downtown Los Gatos & East Los Gatos, the location offers unmatched convenience, with schools, dining, shopping, & fitness all w/in a 1-mile radius. The duplex's prime corner lot at LG Boulevard and Wheeler provides added ease of access and more flexible street parking for residents & guests. Whether you're seeking owner-occupancy w/ supplemental rental income, multi-generational living, or a prime investment, this opportunity is not to be missed.

Listing Agent

Roxy Laufer

Christie's International Real Estate Sereno License #02006177 Listed on: 07/31/2025

Christie's International Real Estate Sereno

Property Details

Home Type

  • Multi-Family

Year Built

  • 1899

Home Design

  • Duplex
  • Victorian Architecture
  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 3,273 Sq Ft Home
  • 2-Story Property
  • Washer and Dryer

Kitchen

  • Double Oven
  • Gas Oven
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Laminate
  • Tile

Parking

  • 8 Parking Spaces
  • No Garage
  • Covered Parking
  • Tandem Parking
  • On-Street Parking

Outdoor Features

  • Enclosed patio or porch
  • Shed

Utilities

  • Wall Furnace
  • Vented Exhaust Fan

Listing and Financial Details

Community Details

Overview

  • 3,273 Sq Ft Building

Building Details

  • 2 Leased Units
  • Gardener Expense $2,000
  • Maintenance Expense $3,000
  • Manager Expense $5,906
  • Other Expense $650
  • Utility Expense $4,200
  • Trash Expense $1,500
  • Operating Expense $20,026
  • Gross Income $72,420

Property Details

Home Type

Multi-Family

Year Built

1899

Lot Details

0

Listing Details

  • Zoning: RM
  • Subclass: Duplex
  • Style: Victorian
  • Age: 126
  • Listing Class: Residential Income (2-4 Units)
  • Structure Sq Ft: 3273
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1899

Interior Features

  • Kitchen: Dishwasher, Exhaust Fan, Garbage Disposal, Microwave, Oven - Double, Oven - Gas, Refrigerator
  • Living Sq Ft: 3273
  • Stories: 2
  • Laundry: Washer / Dryer
  • Flooring: Carpet, Laminate, Tile

Exterior Features

  • Foundation: Concrete Perimeter
  • Roof: Composition
  • Yard/Grounds: Porch - Enclosed, Storage Shed / Structure

Garage/Parking

  • Parking Spaces: 8
  • Garage Parking Features: Common Parking Area, No Garage, On Street, Parking Area, Tandem Parking

Utilities

  • Heating System: Wall Furnace
  • Sewer/Septic System: Sewer - Public

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: 7250.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 7250.00

Rental Info

  • Existing Lease Term(s): Month To Month
  • Gross Rent Multiplier: 31.73
  • Number Of Leased: 2

Multi Family

  • Utilities: Public Utilities
  • Expense Landscape: 2000
  • Expense Maintenance: 3000
  • Expense Management: 5906
  • Expenses Other: 650
  • Expenses Total: 20026
  • Expenses Utility: 4200
  • Expense Trash: 1500
  • Income Annual Gross: 72420.00
  • Income Annual Rental: 72420
  • Income Gross Scheduled: 72420
  • Income Includes: Rents
  • Meters: Master Electric, Master Gas
  • Number Of Buildings: 2
  • Operating Expenses Include: Fee - Property Management, Maintenance, Services - Gardener, Services - Sewer, Services - Trash Removal, Utilities - Water
  • Tenant Expenses: Utilities - Electric, Utilities - Gas, Utilities - Heating

Map

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
07/31/2025 07/31/25 For Sale $2,298,000 -- $702 / Sq Ft
Source: MLSListings

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Source: MLSListings

MLS Number: ML82016634

MLSListings

APN: 532-37-011