533 University Avenue, Los Gatos, CA 95032

Building Details

Year Built

1898

Listing office Christie's International Real Estate Sereno b***@sereno.com Show Phone

Listing date May 26, 2026

Source Exitrealty

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

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Overview

This for-sale triplex at 533 University Avenue includes three residential units within a single property. The offering is presented as a downtown asset with established, easy-to-manage multi-unit configuration suited to rental operations.

The property is located in the heart of Downtown Los Gatos, with proximity to local amenities described in the marketing remarks. It also offers access to Hwy 17 and Hwy 85 for regional travel. The surrounding area is referenced as being near Oak Meadow Park and the Los Gatos Creek Trail.

From an owner-operator or investor standpoint, the triplex structure provides multiple rental units in one building, which can simplify ownership and ongoing management compared with separate acquisitions. The marketing also notes that the property sits within the Los Gatos Union Elementary School District, including Daves Avenue Elementary, Fisher Middle, and Los Gatos High. This combination of multi-unit design and school-district association may be a practical fit for buyers evaluating residential income property options in Los Gatos.

Suggested Use

Car Rental Facility Mobile Phone Store Restaurant Adult Day Care Farmer's Market Restaurant (Bike/Boat/Book/etc) Store Catering Service Furniture & Home Goods Supermarket

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

Location Insight

• Map
• Local Demand

City

Los Gatos

County

Santa Cruz

State

California

Longitude

-121.9782787

Latitude

37.2315997

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FAQs

What type of property is this?

Triplex - For sale triplex at 533 University Avenue, offering three rental units and convenient access to major roadways.

Where is this triplex located?

The property is located at 533 University Avenue 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 for sale at 533 University Avenue with three rental units; Year built 1898; Situated in the Los Gatos Union Elementary School District: Daves Avenue Elementary, Fisher Middle, and Los Gatos High