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Property profile & analytics
FOR SALE
Retail space

2 Santa Cruz Ave N Los Gatos, CA 95030

6,452 SF 0.08 ac lot Built 1932
Entity Owned 3-yr Hold ~ Est. High Equity
Property ID
US09-2701588
2 Santa Cruz Ave N, Los Gatos, CA 95030 For Sale
Contact for pricing 6,452 SF
2 Santa Cruz Ave N, Los Gatos, CA 95030
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Property summary
AI-generated overview

This exceptional executive office space at 2 N Santa Cruz Ave in Monte Sereno, CA 95030 offers a unique opportunity for businesses seeking a prestigious location. Situated on an expansive 8-acre lot, this 7,900 square foot building boasts a rich history, having been constructed in 1923. Currently, there are multiple tenancies available, with individual suites ranging from a minimum of 821 square feet to a maximum contiguous space of 1,015 square feet. A total of 1,836 square feet is currently vacant and ready for immediate occupancy. The property's location in Santa Clara County provides easy access to major transportation routes and a vibrant business community. Ideal for businesses seeking a blend of historic charm and modern functionality, this property presents a rare opportunity to establish a presence in a highly desirable area. The building's classic architecture complements the sophisticated needs of executive office tenants. The ample lot size offers potential for future expansion or outdoor amenities. Don't miss this chance to secure your business's future in this exceptional Los Gatos location. Inquire today to learn more about available spaces and lease terms.

Property profile
Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1932
Construction TILT-UP CONCRETE
Total area 6,452 SF
Lot 0.08 ac (3,456 SF)
Zoning code C2
APN 529-03-046
UPID US09-2701588
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • The Park Vista Real Estate Agency
  • Sherer Group LLC Financial Advisor
  • RMJR Tax and Accounting Tax Preparation
  • Boehm Thomas M Law Firm
  • Millen Mark Law Firm
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Cspn LLC · 3 yrs held
Cspn LLC
since 2023
Last sale
$14.0M
7 recorded transactions
2023
$7.0M
2021
Price N/A
2021
Price N/A
2020
$14.0M
2015
$4.6M
2008
Price N/A
2008
Price N/A
Zoning & alternative use
C2 · Los Gatos, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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