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
  • 3 Baths
  • 2,123 sq. ft.
  • Single family
  • Pending
Listed by: bill rippe
Office: christie's international real estate sereno
MLS#:ML82031505
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 in town, offering strong income with low operating expenses. The property features two spacious 2-bedroom/1-bath units - 761 sf and one 1-bedroom/1-bath unit, 547 sf, 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, short walk to town and trails. 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.

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Home facts

  • Year built:1954
  • Listing ID #:ML82031505
  • Added:6 day(s) ago
  • Updated:January 23, 2026 at 11:51 PM

Rooms and interior

  • Bedrooms:5
  • Total bathrooms:3
  • Full bathrooms:3
  • Living area:2,123 sq. ft.

Heating and cooling

  • Cooling:Central Air
  • Heating:Forced Air

Structure and exterior

  • Roof:Shingle
  • 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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