Los Gatos, CA 95030,17471 Farley Road W
Los Gatos, CA 95030,17471 Farley Road W
Los Gatos, CA 95030,17471 Farley Road W
Los Gatos, CA 95030,17471 Farley Road W
Los Gatos, CA 95030,17471 Farley Road W
Los Gatos, CA 95030,17471 Farley Road W
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$4,800,000

$4,850,000

1.0%
Est.Price: ?

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Est. payment /mo

12,800 SqFt


SOLD DATE : 01/16/2024

Key Details

Sold Price $4,800,000

Property Type Commercial

Sub Type Commercial Property

Listing Status Sold

Purchase Type For Sale

Square Footage 12,800 sqft

Price per Sqft $375

MLS Listing ID ML81936899

Sold Date 01/16/24

Year Built 1985

Lot Size 0.448 Acres

Property Description

The Storage Spot Los Gatos represents a rare opportunity to acquire a well-maintained self-storage facility in the thriving city of Los Gatos, California. Acquisition of the asset will provide an investor with immediate cash-flow and a well-located self-storage facility with strong demographics. Additional upside can be attained through increasing rents to market rents as rental rates have increased steadily in the past few years. The subject property was built in 1985 and more recently renovated in 2005 with a total net rentable area of 12,847 square feet. It consists of 174 total units comprising of self-storage spaces, RV, car, and boat parking. In addition, The Storage Spot Los Gatos sits on a 19,512 square foot parcel of land and consists of two separate buildings with brick and wood construction. The property conveniently sits on a block adjacent to Winchester Blvd which receives daily traffic counts of approximately 15,529 vehicles per day.

Location

State CA

County Santa Clara

Area Los Gatos/Monte Sereno

Zoning LM

Interior

Heating No Heating

Cooling None

Exterior

Garage Attached Garage, Parking Area

Garage Spaces 10.0

Utilities Available Master Meter

Roof Type Flat / Low Pitch

Present Use Other

Building

Story 2

Foundation Concrete Slab

Sewer Sewer Connected

Water Public

Level or Stories 2

Others

Restrictions None

Tax ID 424-27-054

Security Features Security Alarm ,Security Fence

Special Listing Condition Not Applicable

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MLSListings Inc. (MLSListings)
Listed by Adam S. Levin • Marcus & Millichap
Bought with Adam S. Levin • Marcus & Millichap
agent-avatar

+1(415) 902-6945

richard.e.siaw@gmail.com

1205 Auto Park Way, Escondido, CA, 92029

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