NOT LISTED FOR SALE

295 Penn Way Los Gatos, CA 95032

East Los Gatos Neighborhood
4 Beds
4 Baths
2,575 Sq Ft
10,886 Sq Ft Lot

Last Sold September 09, 2021

Last sale price $2,100,000 $816 Per Sq Ft

5 Days on Market

Highlights

  • Granite Countertops
  • Forced Air Heating and Cooling System
  • Back Yard
  • Carlton Elementary School Rated A
  • Fenced
  • 1-Story Property

About This Home

As of September 2021

Great rare opportunity in Los Gatos. Located at the end of a small cul-de-sac, on a non-busy street near Carlton and National Avenues. All Bathrooms remodeled, natural stone tile, granite tile, custom cabinets ,new toilets, sinks Lavish designer Decor and crown moldings, new HVAC systems, new furnaces, new duct work, Water heaters. No expense was spared for these exceptional units. New Windows, Lush new yards, new interior doors. No need to do anything more to enjoy these units. Exceptional Neighborhood and Location of Los Gatos. DONT MISS THESE EXCEPTIONAL UNITS!!!!

Last Agent to Sell the Property

Janet Simas

Spirit Properties License #00408408 Listed on: 03/19/2021

Last Buyer's Agent

Joseph Zahriya

Compass License #01486890

Compass

Property Details

Home Type

  • Multi-Family

Year Built

  • 1964

Lot Details

  • 10,886 Sq Ft Lot
  • Fenced
  • Sprinkler System
  • Back Yard

Parking

  • 2 Car Garage
  • Off-Street Parking

Home Design

  • Duplex
  • Shingle Roof
  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 2,575 Sq Ft Home
  • 1-Story Property
  • Granite Countertops

Utilities

  • Forced Air Heating and Cooling System
  • Separate Meters
  • Individual Gas Meter

Listing and Financial Details

  • Total Actual Rent $90,000

Community Details

Overview

Building Details

  • 2 Leased Units
  • Gardener Expense $1,200
  • Insurance Expense $1,200
  • Utility Expense $2,760
  • Trash Expense $1,440
  • Operating Expense $21,090
  • Gross Income $90,000

Property Details

Home Type

Multi-Family

Year Built

1964

Lot Details

0

Parking

2

Listing Details

  • Zoning: RD
  • Subclass: Duplex
  • Age: 57
  • Listing Class: Residential Income (2-4 Units)
  • Structure Sq Ft: 2575
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1964

Interior Features

  • Kitchen: Countertop - Granite
  • Living Sq Ft: 2575
  • Stories: 1

Exterior Features

  • Foundation: Concrete Perimeter
  • Roof: Composition, Shingle
  • Yard/Grounds: Back Yard, Fenced, Sprinklers - Lawn

Garage/Parking

  • Garage Spaces: 2
  • Parking Spaces: 2
  • Garage Parking Features: Attached Garage, Off-Street Parking

Utilities

  • Cooling System: Central Ac
  • Heating System: Central Forced Air - Gas
  • Sewer/Septic System: Sewer - Public, Sewer Connected

Schools

  • School District: Campbell Union High

Lot Info

  • Lot Acres: 0.2499
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 10886.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 10886.00

Rental Info

  • Existing Lease Term(s): 1 Year Lease, Lease Agreement - Written, Less Than 1 Yr, Security Deposit
  • Gross Rent Multiplier: 22.21
  • Number Of Leased: 2

Multi Family

  • Utilities: Individual Electric Meters, Individual Gas Meters, Natural Gas, Public Utilities
  • Expense Insurance: 1200
  • Expense Landscape: 1200
  • Expenses Total: 21090
  • Expenses Utility: 2760
  • Expense Trash: 1440
  • Income Annual Gross: 90000.00
  • Income Annual Rental: 90000
  • Income Gross Scheduled: 90000
  • Income Includes: Rents
  • Meters: Separate Electric, Separate Gas
  • Number Of Buildings: 1
  • Operating Expenses Include: Services - Gardener, Services - Trash Removal, Utilities - Water
  • Tenant Expenses: Utilities - Electric, Utilities - Gas

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
09/09/2021 09/09/21 Sold $2,100,000 +5.1% $816 / Sq Ft
03/25/2021 03/25/21 Pending -- -- --
03/24/2021 03/24/21 Price Changed $1,999,000 0.0% $776 / Sq Ft
03/19/2021 03/19/21 For Sale $1,999,999 -- $777 / Sq Ft
Source: MLSListings

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Janet Simas

    Seller's Agent in 2021

    Janet Simas

    Spirit Properties

    (408) 465-2310

    1 in this area

    12 Total Sales

    Section Image

  • J

    Buyer's Agent in 2021

    Joseph Zahriya

    Compass

    Section Image
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Map

Source: MLSListings

MLS Number: ML81835005

MLSListings

APN: 424-11-065

California Santa Clara County Los Gatos 95032 East Los Gatos

295 Penn Way, Los Gatos, CA

This home is located at 295 Penn Way, Los Gatos, CA 95032 since 19 March 2021. This property was built in 1964. 295 Penn Way is a home located in Santa Clara County with nearby schools including Carlton Elementary School, Union Middle School, and Leigh High School.

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