4 months on rocket

470 San Benito Ave, Los Gatos, CA, 95030

$3,998,000

6 Bedrooms
5 Full Baths
5,711 SqFt
$700/SqFt
House

Location

Image provided by Mapbox

Property Highlights

Home TypeSingle Family Residence
ParkingCarport, Gated, Off Street
Garage2 spaces
Year Built1918
HeatingCentral, Electric, Floor Furnace
CoolingCentral Air, Wall/Window Unit(s)
FireplaceWood Burning
MLS #ML81972440
Lot Size0.21 Acres
StatusActive

About 470 San Benito Ave

Welcome to 470 San Benito Avenue...a rare opportunity to own a total of four units in downtown Los Gatos with the advantage of strong income. The main structure has a sophisticated penthouse with approximately +/- 2420 square feet of gracious living. You feel like you are living in New York. Below the penthouse are two apartments with approximately +/- 1144 and 1093 square feet. Both units have been beautifully updated and remolded. The charming cottage sits on the same parcel but has a mailing address of 307 Andrews Street. The cottage is approximately +/- 909 square feet. In the past, the penthouse has been owner-occupied and all other three units have been rented. The Penthouse has a rooftop deck over the garage with stunning views of the surrounding Mountains. The pool on the rooftop deck has been covered with a deck. Living in downtown Los Gatos offers a balance between a peaceful suburban lifestyle and access to many amenities. With beautiful surroundings and many dining and shopping options, downtown provides a unique and vibrant experience.

Property Details

Property Features

Property Information:

  • Year Built: 1918
  • Stories: 2
  • Living Area: 5,711 SqFt

Listing Office:

  • Office Name: Coldwell Banker Realty
  • Office Phone: (408) 355-1500
  • Listing Agent: Donald Knight

Interior Features

Interior Information:

  • Appliances: Dishwasher, Electric Cooktop, Electric Oven, Gas Cooktop, Disposal, Gas Oven, Ice Maker, Microwave, Refrigerator, Range Hood, Vented Exhaust Fan
  • Flooring Type: Tile, Wood
  • Fireplace: Wood Burning

Bedroom and Bathroom Information:

  • Full Bathrooms: 5
  • Total Bedroom Count: 6

Exterior Features

Parking Information:

  • Garage Space: 2 spaces
  • Attached Garage: No
  • Parking: Carport, Gated, Off Street

Lot Features

Lot Information:

  • Lot: Level
  • Lot Size: 0.21 Acres

Utilities

Utilities Information:

  • Heating: Central, Electric, Floor Furnace
  • Cooling: Central Air, Wall/Window Unit(s)

Other

Directions Information:

  • Directions: Located at the corner of San Benito and Andrews Cross Street: Andrews Street

Price Information

Listing Price Info

Price Summary:

  • List Price: $3,998,000
  • Price Per SqFt: $700/SqFt

Tax Information:

  • Annual Amount: $44,952
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Los Gatos, CA.

Med. Sold Price

$2.3M

Med. Price/SqFt

$1,128

Avg. Days On Market

33

# of Sold Homes

50

470 San Benito Ave vs Los Gatos

135 DAYS ON ROCKET

+102 Days

$3,998,000

+$1.6M More

$700/SqFt

-$428 Less

KEY TAKEAWAY

This property is $1.6M more than the Median Sold Price and $428/SqFt less than other homes in Los Gatos, CA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: CRMLS
  • MLS Number: #ML81972440

Listing Office:

  • Office Name: Coldwell Banker Realty
  • Office Phone: (408) 355-1500
  • Listing Agent: Donald Knight

IDX Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. 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. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.

The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/22/2024, 1:20:57 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Jan 30, 2008Home Sold
$2,450,000
Jan 19, 1990Home Sold
$995,000

Tax History

YEARPROP. TAXASSESSMENT
2021$44,952$3,757,962
2020$44,952$3,719,430
2019$34,859$3,646,500
2018$34,859$2,828,294
2017$34,713$2,772,838

History based on county public records data.

Payment Calculator

$20K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$12K

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-627754
8
/10
  • Daves Avenue Elementary School

  • 17770 Daves Ave

  • 0.53 miles

  • Public District Grades KG-5

school-card-donut-627755
7
/10
  • Louise Van Meter Elementary School

  • 16445 Los Gatos Blvd

  • 0.84 miles

  • Public District Grades KG-5

school-card-donut-627756
9
/10
  • Blossom Hill Elementary School

  • 16400 Blossom Hill Rd

  • 1.35 miles

  • Public District Grades KG-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $74,524. The majority of Los Gatos, CA residents have income between $35k-100k annually. Typical family type is single, no kids. Residents of this area typically have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 470 San Benito Ave

What is the listing price of this property?

The listing price of 470 San Benito Ave property is $3,998,000.

What type of property is this?

The property 470 San Benito Ave is a house located in Los Gatos, California, 95030.

Is this property for sale now?

Active Listing: 470 San Benito Ave is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $44,952 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on January 30, 2008 for $2,450,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 470 San Benito Ave has 6 bedrooms and 5 bathrooms.

What is the square footage of this property?

The property 470 San Benito Ave is 5,711 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 470 San Benito Ave is 1918.
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Rocket HomesCaliforniaSanta Clara CountyLos Gatos95030470 San Benito Ave

This home is located at 470 San Benito Ave in Los Gatos, CA and zip code 95030 in the West Los Gatos neighborhood. This 5,711 square foot home, which was built in 1918, sits on a 0.21 acre lot. Features: 6 bedrooms, 5 bathrooms. It has been listed on Rocket Homes since July 09, 2024 and is currently priced at $3,998,000.

Los Gatos, CA housing market in October 2024 saw over 22 listings sold above listed price, more than 2 sold at listed price and over 25 sold below. The number of listings in Los Gatos, CA increased by 6.8% between September 2024 and October 2024. In October 2024 median list price was $2,356,777 and the average listing age was 33 days.

From Rocket Homes Real Estate and based on county public records data.

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