16 Terrace Court, Los Gatos, CA 95030

Local realty services provided by:ERA Excel Realty
16 Terrace Court,Los Gatos, CA 95030
$2,499,000
Virtual Tour
  • - Beds
  • - Baths
  • 2,123 sq. ft.
  • Multi-family
  • Active
Listed by: bill rippe408-209-0706
Office: christie's international real estate sereno
MLS#:82031463
Source:CAREIL

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 #:82031463
  • Added:1 day(s) ago
  • Updated:January 17, 2026 at 05:28 PM

Rooms and interior

  • Living area:2,123 sq. ft.

Heating and cooling

  • Cooling:Central Air
  • Heating:Gas Central Forced Air Heat

Structure and exterior

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

Schools

  • Middle school:Raymond J. Fisher Middle

Utilities

  • Water:City/Public
  • Sewer:Sewer - Public

Finances and disclosures

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