16 Terrace

Los Gatos Los Gatos, CA, 95030
For Sale $2,499,000
  • 2,123sqft
  • 7,830sf lot
Listing agent:
Bill Rippe
Christie's International Real Estate Sereno
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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16 Terrace is a Residential Income Triplex property located in Los Gatos, California, featuring a 7,830 sqft lot, 2,123 sqft, MLS #ML82031463.
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Data last modified: 2026-01-16 22:40:54