tomo logo

$3,998,000

Beds
6
Baths
5.0
sq ft
5,711

470 San Benito Ave, Los Gatos, CA 95030

470 San Benito Ave

Los Gatos, CA 95030

  • 171 days on market
    • Price drop $290,000↓
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 +/- 2420 square feet of gracious living. You feel like you are living in New York. Below the penthouse are two apartments with approximately +/- 1144 and 1093 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 +/- 909 square feet. 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 unique and vibrant experience.

Details

Property type

Single Family Residence

Est. home value

$3,794,933

Lot size

9,300 sq ft

Price per sq ft

$701

Year built

1918

HOA

No

Price History

10/10/2024
BridgeMLS

BridgeMLS #ML81972440

Listed
$3,998,000
10/10/2024
BridgeMLS

BridgeMLS #ML81972440

Removed
$3,998,000
09/17/2024
BridgeMLS

BridgeMLS #ML81972440

Price change
$3,998,000
-6.76%

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

High school district: 

Los Gatos-Saratoga Joint Union High

Seller’s Loan History

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Lender

First Republic Bank

Loan start date

June 2018

Original loan amount

$2,323,750

Est. remaining balance

Not provided

Interest rate

4.8%

Loan type

Adjustable Rate Mortgage, 30 year

Seller

Dw Hunt Holding Llc

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

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Status: Active

Tomo last checked: 12/28/2024 at 12:25 AM

Listing updated: 12/02/2024 at 6:40 PM

Listed by: Donald Knight, Coldwell Banker Realty Phone #: (408) 313-2191

MLS: BridgeMLS #ML81972440

BridgeMLS logo

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