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81 & 83 Fairview Plz

Los Gatos, CA 95030
  • $2,999,000
  • STATUS: Active Under Contract
  • ON SITE: 73 Days
  • ID#: ML81856787
Under Contract
UPDATED: 23 min ago
$2,999,000
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 3,930
    SQFT
  • $763
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1897
County:

School Ratings & Info

Description

81 & 83 Fairview Plaza offers the investor or owner user a rare opportunity to acquire an income producing asset in one of the most prestigious neighborhoods in Los Gatos which is within walking distance to Downtown! It is comprised of a two unit self contained converted Victorian home and a Triplex which is located at the rear of the property. The Victorian is ripe for remodeling and stabilization to market rents. Or the investor can explore the possibilities of converting the home back to a Single Family Residence for their own occupancy. Both units are large at ~1,225 SF and ~960 SF and feature 2 bedrooms and 1 bath each. The Triplex was built circa 1937 and has benefited from an upgraded electrical system and dual pane windows. All units are 1 bedroom 1 bath. This property has not been on the market since the 1970s and is located on one of the most historic streets in Los Gatos. This is a true portfolio property and one that could be kept in the family for many years to come.

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© 2021 MLSListings Inc. Based on information from MLSListings MLS as of 2021-10-17T11:49:04.57. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. DX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Real Estate Experts.

Licensed in the State of California.
www.bayareahomesearch.com/homes/120071979
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81 & 83 Fairview Plz Los Gatos, CA 95030

  • Price: $2,999,000
  • Status: Active Under Contract
  • Updated: 23 min ago
  • ID#: ML81856787
0
Beds
0
Baths
0
½ Baths
N/A
Acres
3,930
SQFT
$763
$/SQFT
1897
Built
Neighborhood:
Los Gatos/Monte Sereno
County:
Santa Clara
Area:
Los Gatos/Monte Sereno
Property Description
81 & 83 Fairview Plaza offers the investor or owner user a rare opportunity to acquire an income producing asset in one of the most prestigious neighborhoods in Los Gatos which is within walking distance to Downtown! It is comprised of a two unit self contained converted Victorian home and a Triplex which is located at the rear of the property. The Victorian is ripe for remodeling and stabilization to market rents. Or the investor can explore the possibilities of converting the home back to a Single Family Residence for their own occupancy. Both units are large at ~1,225 SF and ~960 SF and feature 2 bedrooms and 1 bath each. The Triplex was built circa 1937 and has benefited from an upgraded electrical system and dual pane windows. All units are 1 bedroom 1 bath. This property has not been on the market since the 1970s and is located on one of the most historic streets in Los Gatos. This is a true portfolio property and one that could be kept in the family for many years to come.
Exterior Features

Foundation Concrete PerimeterPost And Pier Garage Parking Assigned SpacesCarportCovered Parking Number Of Buildings 2 Pool YN No Roof Composition Units In Complex Min 5 View Garden / GreenbeltGreenbeltMountains

Interior Features

Beds Unit1 1 Beds Unit2 1 Beds Unit3 2 Beds Unit4 2 Cooling Ceiling FanWindow / Wall Unit Flooring CarpetHardwoodTileVinyl / Linoleum Heating Forced AirWall Furnace Kitchen Features Countertop - GraniteCountertop - TileDishwasherGarbage DisposalOven RangeRefrigerator Laundry None Sq Ft Unit1 625 Sq Ft Unit2 550 Sq Ft Unit3 930 Sq Ft Unit4 1225 Structure Sq Ft 3930

Property Features

Accessibility Features None Additional Listing Info Not Applicable Amenities High Ceiling City Limits Yes City Name Los Gatos Community Name Fairview Plaza Cross Street Fairview Hoa Amenities Garden / Greenbelt / Trails Hoa YN No Lot Size Area Maximum 12396.00 Meters Master WaterSeparate ElectricSeparate Gas Rent Unit1 1796 Rent Unit2 2550 Rent Unit3 1713 Rent Unit4 1202 Restrictions None Security Features None Sewer Septic Sewer - Public Sq Ft Source Other Status Qualifier Release Clause Present Utilities Individual Electric MetersIndividual Gas MetersPublic Utilities Water Public Zoning Rm

© 2021 MLSListings Inc. All rights reserved. Listing provided courtesy of Stephen Guzzetti of Intero Real Estate Services.


© 2021 MLSListings Inc. Based on information from MLSListings MLS as of 2021-10-17T11:49:04.57. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. DX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Real Estate Experts.

Licensed in the State of California.
 
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