16 Terrace Court, Los Gatos, CA 95030

Local realty services provided by:Better Homes and Gardens Real Estate Royal & Associates
16 Terrace Court,Los Gatos, CA 95030
$2,499,000
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  • 5 Beds
  • - Baths
  • 2,123 sq. ft.
  • Multi-family
  • Pending
Listed by: bill rippe
Office: christie's international real estate sereno
MLS#:ML82031463
Source:CA_BRIDGEMLS

Price summary

  • Price:$2,499,000
  • Price per sq. ft.:$1,177.11

About this home

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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Home facts

  • Year built:1954
  • Listing ID #:ML82031463
  • Added:7 day(s) ago
  • Updated:January 23, 2026 at 11:51 PM

Rooms and interior

  • Bedrooms:5
  • Living area:2,123 sq. ft.

Heating and cooling

  • Heating:Forced Air

Structure and exterior

  • Year built:1954
  • Building area:2,123 sq. ft.
  • Lot area:0.18 Acres

Finances and disclosures

  • Price:$2,499,000
  • Price per sq. ft.:$1,177.11

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