2 Santa Cruz AveLos Gatos, CA 95030

Property Details for 2 Santa Cruz Ave

Year built

1932

Construction

TILT-UP CONCRETE

Lot size

0.08 AC

Property size (Sq ft)

6,452 SF

Zone code

C2

Property type

Retail properties

Property subtype

Retail space

APN

529-03-046

APU

52903046

Description

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.

• CAP approach

  CAP return

  Valuation

  6%

  $4,158,021

  6.5%

  $3,838,173

  7%

  $3,564,018

• Comparable approach

  Method

  Valuation

  Relative Method

  $4,534,809

  Geo Method

  $4,534,809

• Alternative Use

  Use

  Valuation

  Residential

  $3,237,643

  Hospitality

  $2,965,663

  Educational

  $2,467,397

  Medical

  $2,552,255

  Retail

  $3,838,173

Location Insight

City

Los Gatos

County

Santa Clara

State

California

Latitude

37.2227

Longitude

-121.984

CBSA code

41940

CBSA name

SAN JOSE-SUNNYVALE-SANTA CLARA, CA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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