115 Towne Ter

Los Gatos, CA, 95032

$7,580,000

$709 per ft²
$7,580,000
$709 per ft²
Active
Active
 - For Sale
carpenters-square
10,681 ft²
property_type
Multi-family
calendar
Built 1958
The Avery Lane Apartments located at 115 Towne Terrace and 205 Avery Lane provides an opportunity to acquire immaculately updated and maintained assets in the heart of downtown Los Gatos in an infill "A" location. The property is comprised of two (8) unit buildings on adjacent parcels, and available to purchase individually or together. It currently functions as a 16 unit building with (6) 2x1s and (10) 1x1s, strategically positioned on a corner lot. 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.
MLS ID:
ML81845475
Listed:
5/24/21
Updated:
6/18/21

Interior Features

Total Bedrooms
0
Total Bathrooms
0
Cooling
None

Exterior/Building Features

Lot Size
0.57 acres lot
Exterior Features
Area
Roof
Composition, Shingle
Sewer
Sewer Connected

School Information

School District
Los Gatos Union Elementary

Other Property Details

Area Name
Los Gatos/Monte Sereno
HOA Amenities
Area
Attached Garage
Yes
Parking
Carport
County
Santa Clara
Utilities
Individual Electric Meters, Individual Gas Meters, Public Utilities
Water Source
Public
Zoning
RM520

 

Courtesy of Matthew Thomson, Newmark Cornish & Carey

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Data last updated 4:01 PM UTC, 6/18/21

 

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