470 San Benito Avenue, Los Gatos

$4,699,000

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6 Beds
5 Baths
5,348 Sqft
.21 Acre
0 Garage

Welcome to 470 San Benito Avenue...a rare opportunity to own a total of four units in downtown Los Gatos with the advantage of strong income. The main structure has a sophisticated penthouse with approximately +/- 2460 square feet of gracious living. You feel like you are living in New York. Below the penthouse are two apartments with approximately +/- 1200 square feet. Both units have been beautifully updated and remolded. The charming cottage sits on the same parcel but has a mailing address of 307 Andrews Street. The cottage is approximately =/- 700 square feet. All four units are currently rented. In the past, the penthouse has been owner-occupied and all other three units have been rented. The Penthouse has a rooftop deck over the garage with stunning views of the surrounding Mountains. The pool on the rooftop deck has been covered with a deck. Living in downtown Los Gatos offers a balance between a peaceful suburban lifestyle and access to many amenities. With beautiful surroundings and many dining and shopping options, downtown provides a high quality of life for its residents.

Essential Information

MLS® #
ML81949197
Price
$4,699,000
Bedrooms
6
Bathrooms
5.00
Full Baths
5
Square Footage
5,348
Acres
0.21
Year Built
1918
Type
Residential
Sub-Type
Single Family Residence
Status
Active

Community Information

Address
470 San Benito Avenue
Area
699 - Not Defined
City
Los Gatos
County
Santa Clara
Zip Code
95030
Senior Community
N

Amenities

Parking Spaces
4
Parking
Carport, Gated, Off Street
Garages
Carport, Gated, Off Street

Interior

Interior
Tile, Wood
Fireplace
Yes
Fireplaces
Wood Burning
# of Stories
2

Appliances

Dishwasher, Electric Cooktop, Electric Oven, Gas Cooktop, Disposal, Gas Oven, Ice Maker, Microwave, Refrigerator, Range Hood, Vented Exhaust Fan

Heating

Central, Electric, Floor Furnace

Cooling

Central Air, Wall/Window Unit(s)

Exterior

Lot Description
Level
Windows
Skylight(s)
Roof
Other, Shingle

School Information

District
Other
Elementary
Daves Avenue
Middle
Raymond J. Fisher
High
Los Gatos

Additional Information

Date Listed
December 8th, 2023
Days on Market
154
Zoning
RM512

Listing Details

Agent
Donald Knight
Office
Coldwell Banker Realty
Property History
Price Reduced from $4,899,000 to $4,699,000

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Buyer's Agent

Jeremiah Moersch REALTOR®

Office: 760-533-2540
Listing Agent
Donald Knight - Coldwell Banker Realty

Based on information from California Regional Multiple Listing Service, Inc. as of May 10th, 2024 at 6:35am PDT. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.