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Five-Unit Apartment Property

109 Cleland Avenue, Los Gatos, CA 95030

For Sale
$4,850,000

Three separate buildings combine varied residential layouts with dedicated parking and individual utility metering.

Property Size5,300 SF
Price / SF$915.09
Days on Market12

Property Features for 109 Cleland Avenue

General Information

Standard status Active
Size 5,300 SF
Total Parking Spaces 10
Property subtype ResidentialIncome
Zoning RMH

Units

Unit Mix 4 x 2BR/1.5BA, 1 x 2BR/2BA
Multifamily Units 5
Individually Metered Utilities water, gas, electricity

Additional Details

Utilities to Site Yes

Taxes and HOA fees

Annual Taxes $25,000

Amenities

washer/dryer hookup
fireplace
decks
Carpet,Laminate,Tile
true
2
Other
Public
9583
5
0.22
Assessor
Carport,OffStreet
ConcretePerimeter
5300
3

Building Details

Building Size 5,300 SF
Year Built 1964
Buildings 3
Stories 2
Listing Agency: Christie's International Real Estate Sereno
Listed By: Barton Call
Source: Maryclark
Added: Oct 29 Changed: Nov 7 Last Checked: Nov 8 at 8:20PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Christie's International Real Estate Sereno

Rey
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Investment Insights

Based on property information with market context.

This RMH-zoned apartment property comprises three buildings and five units, with approximately 5,300 square feet of living space. Four townhome-style residences are each just under 1,000 square feet and include two bedrooms, one and a half baths, a fireplace, deck, separate entrance, and in-unit washer and dryer hookups. The fifth residence is a single-family-style home of approximately 1,320 square feet, with two bedrooms and two baths. Interiors have been remodeled, and separate water, gas, and electric meters serve the townhome units.

Parking includes two spaces in an upper lot accessed from Rogers Road, plus eight off-street spaces on Cleland Avenue, comprising five carport spaces and three open spaces. The property is at 109 Cleland Avenue in Los Gatos, within walking distance of downtown amenities.

Key Highlights

  • Three buildings contain five residential units, totaling approximately 5,300 square feet
  • Four townhome‑style units, each just under 1,000 square feet, have 2 bedrooms and 1.5 baths
  • Each townhome includes a fireplace, deck, separate entrance, and washer/dryer hookup

Property Analytics

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Lease Details

5
Residential units
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

1,599
Businesses Nearby

Demographics for 95030, CA

13,585
Population
5,817
Households
2.3
Avg Household Size
49
Median Age
80%
College-Educated
99%
High-School Grad
10.5 sq mi
ZIP Area
1,294
Density / Sq Mi
$250,001
Median Household Income
$146,583
Median Earnings
$2,858
Median Rent
$2,000,001
Median Home Value
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Market

Average Price Trend$/SF for Apartment buildings in Santa Clara County, CA

$581 Jul
$572 Aug
$572 Sep
$526 Oct

Properties on Market for Apartment buildings in Santa Clara County

Jul
Aug
Sep
Oct

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025

Frequently Asked Questions

What type of property is this?
Apartment building - Three separate buildings combine varied residential layouts with dedicated parking and individual utility metering.
Where is this apartment building located?
The property is located at 109 Cleland Avenue Los Gatos, CA.
What is the asking price?
The asking price for this property is $4,850,000.
What are key features of this property?
This property features: Three buildings contain five residential units, totaling approximately 5,300 square feet; Four townhome‑style units, each just under 1,000 square feet, have 2 bedrooms and 1.5 baths; Each townhome includes a fireplace, deck, separate entrance, and washer/dryer hookup
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