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Charming Triplex for Sale

533 University Ave Los Gatos, CA 95032

533 University Ave, Los Gatos, CA, 95032
$1,998,000
For Sale
$1,998,000

Triplex near downtown Los Gatos with convenient highway access and local school district appeal for rental-minded owners.

Days on Market49

Property Features for 533 University Ave

General Information

Standard status
Active
Property subtype
Investment

Building Details

Year Built
1898
Listing agency Christie's International Real Estate Sereno
Listed by Brian Bernasconi · License #01363508
Source Elliman
Added: Jun 3 Updated: Jul 10 at 1:53PM Checked: Jul 21 at 6:40AM

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


Investment Insights

Based on property information with market context.

This for-sale triplex at 533 University Ave is structured as a three-unit residential income property, offering a straightforward configuration for owners seeking a small, manageable multi-family asset. The property is presented as a classic downtown fit with a lifestyle-oriented setting that supports everyday convenience.

Situated in the heart of downtown Los Gatos, the address places daily errands and local dining within reach. WalkScore is listed at 64 (Somewhat Walkable) and BikeScore at 76 (Very Bikeable). The surrounding area is described as close to Oak Meadow Park and the Los Gatos Creek Trail, with the Santa Cruz Mountains also nearby. For regional access, the remarks note convenient routes to Hwy 17 and Hwy 85.

From an ownership standpoint, this triplex can appeal to buyers looking for rental flexibility in a location tied to the Los Gatos Union Elementary School District, including Daves Avenue Elementary, Fisher Middle, and Los Gatos High. With downtown convenience, nearby recreation, and practical access to key highways, it offers a tenant-friendly setting for residential use.

Key Highlights

  • Triplex built in 1898 near downtown Los Gatos
  • BikeScore 76 (very bikeable) and walkScore 64 (somewhat walkable)
  • Easy access to Hwy 17 and Hwy 85 for travel around Silicon Valley

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Triplexes

Suggested Use

(Bike/Boat/Book/etc) Store Catering Service Furniture & Home Goods Grocery & Convenience Store Mobile Phone Store Garden Center Barber Shop Pet Grooming Service Adult Day Care Farmer's Market

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Triplex - Triplex near downtown Los Gatos with convenient highway access and local school district appeal for rental-minded owners.
Where is this triplex located?
The property is located at 533 University Ave Los Gatos, CA.
What is the asking price?
The asking price for this property is $1,998,000.
What are key features of this property?
This property features: Triplex built in 1898 near downtown Los Gatos; BikeScore 76 (very bikeable) and walkScore 64 (somewhat walkable); Easy access to Hwy 17 and Hwy 85 for travel around Silicon Valley
Contact an agent
More about this property
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