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listing
1 of 33
CommercialFor Sale
$7,580,000
115 Towne Terrace
Los Gatos, CA 95032
Courtesy of Newmark Cornish & Carey
MLS: MLSListings
Est. Mortgage
$39,227/mo

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.

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Based on information from the MLSListings MLS as of 06/19/2021 04:53 AM. 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.
Information courtesy of Newmark Cornish & Carey is subject to verification and is not guaranteed.
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