16 Terrace Ct

Los Gatos CA 95030

2123 sq. ft.

7830 sq. ft.

Duplex

Last sold for $2,499,000

Bill Rippe, last sold this property on 05 February 2026 after 19 days on market.

Overview

Well-maintained and fully updated triplex offering strong income with low operating expenses. The property features two spacious 2-bedroom/1-bath units and one 1-bedroom/1-bath unit, all in excellent condition with nothing needed. Each unit offers larger kitchens, generously sized bedrooms and bathrooms, in-unit washer/dryers, private porches, and outdoor areas ideal for planting or personal use. Centrally located near the high school off of East Main then Pleasant Street, providing excellent walkability to town and trails and consistent tenant demand. Solid rental history with good rents, very low expenses, and reliable long-term tenants in place with newly extended leases. Turnkey investment with stable cash flow, would be easily filled if vacated due to location and unit quality. Expenses provided are estimates for 12 months.

Features

2123 sq. ft. floor area

7830 sq. ft. lot size

Duplex

Estimated Value

We need at least 3 similar duplexes sold in Los Gatos over the last 12 months.

Property history for 16 Terrace Ct

2026

Sold

$2,499,000

05 Feb 2026 by Bill Rippe, of Sereno

2018

Sold

$1,420,000

26 Jun 2018 by Brian Bernasconi, of Sereno

Happy sellers in Los Gatos

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