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$2,499,000
New Listing

16 Terrace Court
Los Gatos, CA 95030

For Sale|Triplex|Active
0
Beds
0
Total Baths
2,123
SqFt
$1,177
/SqFt
1954
Built
County:
Santa Clara
Listed by Bill Rippe of Christie's International Real Estate Sereno billrippe@sereno.com

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951.239.6770
16 Terrace Court16 Terrace Court16 Terrace Court16 Terrace Court
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Well-maintained and fully updated triplex offering strong income with low operating expenses. The property features two spacious 2-bedroom/1-bath units and one 1-bedroom/1-bath unit, all in excellent condition with nothing needed. Each unit offers larger kitchens, generously sized bedrooms and bathrooms, in-unit washer/dryers, private porches, and outdoor areas ideal for planting or personal use. Centrally located near the high school off of East Main then Pleasant Street, providing excellent walkability to town and trails and consistent tenant demand. Solid rental history with good rents, very low expenses, and reliable long-term tenants in place with newly extended leases. Turnkey investment with stable cash flow, would be easily filled if vacated due to location and unit quality. Expenses provided are estimates for 12 months.

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Listing Snapshot
Price 
$2,499,000
Days On Site 
0 Days
Bedrooms 
N/A
Inside Area (SqFt) 
2,123 sqft
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
0.1798 Acres
Year Built 
1954
MLS® Number 
ML82031463
Status 
Active
Property Tax 
$20,767
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
Other
Friends & Family
Recent Activity
an hour agoListing updated with changes from the MLS®
12 hours agoListing first seen on site
General Features
Acres 
0.1798
Carport 
1
Foundation 
Concrete Perimeter
Number Of Stories 
1
Parking Spaces 
3
Property Sub Type 
Triplex
Sewer 
Public Sewer
Special Circumstances 
Standard
SqFt Total 
2123
Water Source 
Public
Zoning 
RM512
Interior Features
Appliances 
DishwasherElectric OvenGas CooktopMicrowaveRefrigeratorSelf Cleaning OvenVented Exhaust Fan
Cooling 
Central Air
Flooring 
LaminateTileWood
Heating 
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Exterior Features
Lot Features 
Paved
Roof 
Composition
View 
Park/Greenbelt
Waterview 
Park/Greenbelt
Community Features
MLS Area 
699 - Not Defined
School District 
Other
Schools
School District
Other
Elementary School
Unknown
Middle School
Raymond J. Fisher
High School
Unknown


This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. The display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

Neighborhood & Commute
Source: Walkscore
Disclosure: Community information and market data powered by Constellation Data Labs. Information is deemed reliable but not guaranteed.
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