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550 University Ave, Los Gatos, CA, 95032
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550 University Ave Los Gatos, CA, 95032

$1,950,000 $149,000 Home for sale 2 beds 3 baths 1,104 sqft

Located in the heart of downtown Los Gatos, opportunity awaits the investor or homeowner that wants additional income from an ADU. Hardwood floors, dual pane windows, freshly painted interior and exterior, new fully equipped kitchen including S/S appliances enhance the main dwelling. Situated on a corner lot, the property offers easy access to the backyard & entrance to the fully refurbished ADU: New kitchen including all appliances, bath refresh and freshly painted interior and exterior. The low maintenance backyard has recently been updated with new fences and gates. A stroll away from the Town Plaza, LG Farmer's market, fine dining, shops, trails & all the outdoor activities this charming town has to offer.
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Property details

1,104 sqft interior area
Property type
Home
Interior area
1,104 sqft
Land area
9,147 sqft (0.21 acres)
Price per sqft
$1,766/sqft
Days on Verhouse
32
Address
550 University Ave, Los Gatos, CA, 95032
City of California
Los Gatos
County
Santa Clara
Stories
1
Year Built
1947
District
Listing
Stories
One Story
Virtual Tour

Open Houses

No upcoming open houses

Interior Features

Hardwood floors
Beds
2
Baths
3
Floors
Hardwood
Stories
One Story
Garage & Parking
Off Street
Fireplaces
Living Room
Heathing & Cooling
Other, Forced Air, Heat Pump
Kitchen features
Island
Other rooms
Dining Ell, Kitchen Island

Listed by

Rick Zea, The Agency
Name
Rick Zea
License number
00880772
Brokerage company
The Agency
MLS #
ML81956059

Payment calculator

Calculate your monthly payments
Mortgage
$5,987
Taxes
$0
HOA dues
$0
$5,987 per month
Mortgage
$390,000 / 20%
2.28%
30 years
Your amount $5,987 / month

Exterior Features

Shingle roof
Roof
Shingle

Lot details

TMK #52909005
Parcel nr.
52909005

95032 info

Essentials nearby
Neighborhood stats
Walkability
Coffee shops
no data
Bus stop
no data
Supermarket
no data
Costco
no data
Hospital
no data
Park
no data
Beach
no data
Elementary school
no data
Middle school
no data
High school
no data
Local airport
no data

People living in 95032

46%
Families with children
National average: 39%
28%
Non family households
191,336
Population
$200,854
Average Income

Age & gender

Median age 44 years
More info

Commute types

86% commute by car
More info

Education level

34% have bachelor education
More info

Number of employees

3% work in management
More info

Vehicles available

45% have 2 vehicle
More info

Vehicles by gender

45% have 2 vehicle
More info

Housing market insights for

$2.74m
Neighborhood average
sales price*
$2.49m
Neighborhood median
sales price*
234
Number
of sales*

Housing type

64% are single detacheds
More info

Rooms

31% of the houses have 4 or 5 rooms
More info

Bedrooms

54% have 2 or 3 bedrooms
More info

Owners vs Renters

70% are owners
More info
11.83 / 20
Above Average
15-20
10-15
5-10
1-5
Walkability according to the National Walkability Index

Price history

Price Decrease Apr 18, 2024
Date Event Price $/sqft Source
Apr 18, 2024 Price Decrease $1,950,000 -7.1% 1766.3 MLS #ML81956059
Mar 29, 2024 New Listing $2,099,000 +252.77% 1901.27 MLS #ML81956059
Mar 2, 2024 Withdrawn $595,000 0 MLS #ML89824619
Jun 9, 1998 New Listing $595,000 0 MLS #ML89824619
Jun 9, 1998 New Listing $595,000 414.92 MLS #ML89827305
Mar 2, 2024 Withdrawn $595,000 414.92 MLS #ML89827305

Taxes of 550 University Ave, Los Gatos, CA, 95032

RM52 zoning / MLS #ML81956059
Zoning
RM52

Agent viewpoints of 550 University Ave, Los Gatos, CA, 95032

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Frequently Asked Questions about 550 University Ave

What is 550 University Ave?

550 University Ave, Los Gatos, CA, 95032 is a single family home located in the city of Los Gatos, California with zipcode 95032. This single family home has 2 bedrooms & 3 bathrooms with an interior area of 1,104 sqft.

Which year was this home built?

This home was build in 1947.

What is the full address of this Home?

550 University Ave, Los Gatos, CA, 95032.

Are grocery stores nearby?

The closest grocery stores are Safeway, 0.09 miles away and Lunardi's, 0.84 miles away.

What is the neighborhood like?

The 95032 zip area has a population of 191,336, and 46% of the families have children. The median age is 44.71 years and 86% commute by car. The most popular housing type is "single detached" and 70% is owner.

Based on information from the bridgeMLS as of 04-29-2024. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

Listing last updated on: Apr 28, 2024
Verhouse Last checked 2 minutes ago

550 University Ave, Los Gatos, CA, 95032 is a single family home located in the city of Los Gatos, California with zipcode 95032. This single family home has 2 bedrooms & 3 bathrooms with an interior area of 1,104 sqft on a 9,148 sqft sqft lot. This house was build in 1947.
The closest grocery stores are Safeway, 0.09 miles away and Lunardi's, 0.84 miles away.
The 95032 zip area has a population of 191,336, and 46% of the families have children. The median age is 44.71 years and 86% commute by car. The most popular housing type is "single detached" and 70% is owner.

*Neighborhood & street median sales price are calculated over sold properties over the last 6 months.

Home For sale $1.95m  $149,000 550 University Ave, Los Gatos, CA, 95032 2 beds / 3 baths / 1,104 sqft Save House Remove from Saved