Property Details
About this Property
PRICE REDUCTION - 115 Towne Terrace provides an opportunity to acquire an immaculately updated and maintained 8 unit apartment building in the heart of downtown Los Gatos in an infill "A" location. The property is comprised of (2) 2x1s and (6) 1x1s. The exterior boasts the following major upgrades: new dual pane windows throughout, new paint, new roof in 2013 & asphalt resealed in 2018. A short walk to Vasona Lake County Park, University Ave, and N Santa Cruz you are steps away from all the cultural amenities, shops, restaurants, and entertainment downtown Los Gatos has to offer. The building is a short walk to Safeway, Campo Di Bocce, Old Town Los Gatos Shopping center and the Los Gatos Creek Walking Trail. Average home price over $1.8M, top ranked schools, near major employers. 115 Towne Terrace and 205 Avery Lane are available to purchase separately or together as a 16 unit complex. There are on adjacent parcels on a corner lot.
MLS Listing Information
MLS #
ML81846814
MLS Source
MLSListings, Inc.
Interior Features
Cooling
None
Heating
Wall Furnace
Exterior Features
Roof
Composition, Shingle
Foundation
Concrete Perimeter
Parking, School, and Other Information
Garage/Parking
Carport, Garage: 0 Car(s)
Elementary District
Los Gatos Union Elementary
High School District
Los Gatos-Saratoga Joint Union High
Water
Public
Complex Amenities
Barbecue Area
Zoning
RM520
Contact Information
Listing Agent
Matthew Thomson
Newmark Cornish & Carey
License #: 01471708
Phone: (650) 515-6555
Co-Listing Agent
Brian Henry
License #: 01385537
Phone: (650) 688-8507
Unit Information
| # Buildings | # Leased Units | # Total Units |
|---|---|---|
| – | – | 8 |
| Type | Sq Ft | Beds | Baths | Min Rent | Max Rent | Units Like This |
|---|---|---|---|---|---|---|
| 1 | 752 | 2 | 1/0 | $1,480 | $2,060 | 2 |
| 2 | 650 | 1 | 1/0 | $1,400 | $1,950 | 6 |
Neighborhood: Around This Home
Neighborhood: Local Demographics
115 Towne Ter is a Residential Income in Los Gatos, CA 95032. This 5,404 square foot property sits on a 0.284 Acres Lot and features – bedrooms & – full bathrooms. It is currently priced at – and was built in 1961. This address can also be written as 115 Towne Ter, Los Gatos, CA 95032.
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This listing information is up-to-date as of July 02, 2024. For the most current information, please contact Matthew Thomson, (650) 515-6555
