Well-maintained and fully updated TRIPLEX in town, offering strong income with low operating expenses. The property features two spacious 2-bedroom/1-bath units - 761 sf and one 1-bedroom/1-bath unit, 547 sf, 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, short walk to town and trails. 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.
MLS #
ML82031505
MLS Source
MLSListings, Inc.
Days on Site
3
Bathrooms
Primary - Stall Shower(s), Tile, Updated Bath(s), Full on Ground Floor
Kitchen
Countertop - Solid Surface / Corian, Countertop - Synthetic, Exhaust Fan, Hookups - Gas
Appliances
Cooktop - Gas, Dishwasher, Exhaust Fan, Microwave, Oven - Electric, Oven - Self Cleaning, Oven Range, Refrigerator, Washer/Dryer
Dining Room
Eat in Kitchen, No Formal Dining Room
Family Room
Kitchen/Family Room Combo
Flooring
Hardwood, Laminate, Tile
Cooling
Central Forced Air
Heating
Central Forced Air - Gas
Roof
Composition
Foundation
Concrete Perimeter, Other, Crawl Space, Wood Frame
Garage/Parking
Assigned Spaces, No Garage, Garage: 0 Car(s)
Elementary District
Los Gatos Union Elementary
Sewer
Public Sewer
Water
Public
Zoning
RM512
16 Terrace Ct is a Single Family Residence in Los Gatos, CA 95030. This 2,123 square foot property sits on a 7,830 Sq Ft Lot and features 5 bedrooms & 3 full bathrooms. It is currently priced at $2,499,000 and was built in 1954. This address can also be written as 16 Terrace Ct, Los Gatos, CA 95030.
©2026 MLSListings Inc. All rights reserved. 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. Information provided is for personal, non-commercial use by the viewer and may not be redistributed without explicit authorization from MLSListings Inc.
Presently MLSListings.com displays Active, Contingent, Pending, and Recently Sold listings. Recently Sold listings are properties which were sold within the last three years. After that period listings are no longer displayed in MLSListings.com. Pending listings are properties under contract and no longer available for sale. Contingent listings are properties where there is an accepted offer, and seller may be seeking back-up offers. Active listings are available for sale.
This listing information is up-to-date as of January 16, 2026. For the most current information, please contact Bill Rippe, (408) 209-0706