115 Towne Terrace and 205 Avery Lane | Los Gatos, CA 95032
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115 Towne Terrace and 205 Avery Lane
Los Gatos, CA 95032
Avery Lane Apartments · Multifamily Property For Sale
·
16 Units
INVESTMENT HIGHLIGHTS
- 16 Units on Two Adjacent Parcels: (6) 2x1s & (10) 1x1s
- Available Individually or Together
- New Pitched Composition Shingle Roof in 2013 and Asphalt Resealed in 2018
- 115 Towne Terrace - 8 Units & 205 Avery Lane - 8 Units
- New Dual Pane Windows Throughout in 2016 and New Exterior Paint in 2020
- Strategically Positioned on Corner Lot Near Restaurants, Shopping, Cultural & Entertainment Amenities of Downtown Los Gatos
PROPERTY FACTS
| No. Units | 16 | Lot Size | 0.28 AC |
| Property Type | Multifamily | Building Size | 5,404 SF |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Low-Rise | Year Built | 1961 |
| Building Class | C | Parking Ratio | 1.48/1,000 SF |
| Zoning | RM520 | ||
| No. Units | 16 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.28 AC |
| Building Size | 5,404 SF |
| No. Stories | 2 |
| Year Built | 1961 |
| Parking Ratio | 1.48/1,000 SF |
| Zoning | RM520 |
AMENITIES
UNIT AMENITIES
- Air Conditioning
- Balcony
- Heating
- Handrails
- Lawn
SITE AMENITIES
- 24 Hour Access
- Trash Pickup - Curbside
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 1+1 | 10 | $1,675 | - |
| 2+1 | 6 | $1,950 | - |
PROPERTY TAXES
| Parcel Number | 529-08-048 | Improvements Assessment | $928,557 |
| Land Assessment | $2,769,752 | Total Assessment | $3,698,309 |
PROPERTY TAXES
Parcel Number
529-08-048
Land Assessment
$2,769,752
Improvements Assessment
$928,557
Total Assessment
$3,698,309
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