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$2,499,000

  • Sold
  • Closed
  • Triplex
  • 2,123 Sq. Ft.
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Well-maintained and fully updated triplex offering strong income with low operating expenses. The property features two spacious 2-bedroom/1-bath units and one 1-bedroom/1-bath unit, 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, providing excellent walkability to town and trails and consistent tenant demand. 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. Expenses provided are estimates for 12 months.

Full Property Details for 16 Terrace Ct

General

  • Sold For: $2,499,000
  • Status: Closed
  • Type: Triplex
  • Source: RE_Infolink
  • MLS ID: ML82031463
  • Added to Site: 48 day(s) ago

Interior

  • Flooring: Hardwood, Laminate, Tile

Rooms

Other Rooms

  • Kitchen: Gas Cooktop, Countertop - Solid Surface / Corian, Synthetic Countertop, Dishwasher, Exhaust Fan, Gas Hookups, Microwave, Electric Oven, Self-Cleaning Oven, Oven/Range, Refrigerator
  • Laundry: Washer / Dryer

Additional Information

  • Extras: Not Applicable
  • Security/Safety: None

Parking

  • Parking Features: Assigned Spaces, No Garage, On Street, Uncovered Parking

Location

  • Area: Los Gatos/Monte Sereno
  • County: Santa Clara
  • Cross Streets: Pleasant / East Main

Heating & Cooling

  • Cooling Type: Central AC
  • Heating Type: Central Air (Gas/Forced Air)

Utilities

  • Sewer: Public Sewer
  • Water: Public
  • Utility Description: Individual Electric Meters, Individual Gas Meters
  • Metering: Separate Electric, Separate Gas

Structural Information

  • Foundation: Concrete Perimeter, Crawlspace, Post and Beam, Wood F
  • Roof: Composition
  • Disability Access: Parking
  • Square Feet: 2,123
  • Year Built: 1954

Unit Information

Unit 1

  • Square Feet: 547
  • Bedrooms: 1

Unit 2

  • Square Feet: 761
  • Bedrooms: 2

Unit 3

  • Square Feet: 761
  • Bedrooms: 2

Lot Features

  • Property View: Garden / Greenbelt
  • Lot Size (Acres): 0.18
  • Minimum Lot Size: 7830
  • Lot Size (Sq. Ft.): 7,830
  • Building Sites: 1
  • Grounds/Landscape: Back Yard, Balcony / Patio, BBQ Area, Fenced, Storage Shed / Structure
  • Zoning: RM512
  • Lot Description: Gently Sloped, Grade Slopes Up, Paved

Green Features

  • Energy Efficient: Ceiling Insulation, Double-Pane Windows, Low-Flow Shower, Low-Flow Toilet

Listed by Christie's International Real Estate Sereno, Bill Rippe
Sold by Ntero, Lexie Smith

Listing agent

— 16 Terrace Ct —

  • Bill Rippe

    Christie's International Real Estate Sereno

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NMLS#: 1598647

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Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

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Schools serving 16 Terrace Ct

School Districts:Los Gatos-Saratoga Joint Union School District, Los Gatos Union Elementary School District
NameGradesDistance
Louise Van Meter Elementary School
16445 Los Gatos Boulevard, Los Gatos, CA 95032
K-50.7 mi
Raymond J. Fisher Middle School
19195 Fisher Avenue, Los Gatos, CA 95032
6-80.9 mi
Los Gatos High School
20 High School Court, Los Gatos, CA 95030
9-120.2 mi
Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 16 Terrace Ct

Date
Details
Price
Change
Source
2/05/2026
Sold
$2,499,000
—
MLS
1/16/2026
Listed
$2,499,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Listed by Christie's International Real Estate Sereno, Bill Rippe
Sold by Ntero, Lexie Smith

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16 Terrace Ct, Los Gatos, CA 95030 (MLS# ML82031463) is a Triplex property that was sold at $2,499,000 on February 05, 2026. Want to learn more about 16 Terrace Ct? Do you have questions about finding other Triplex real estate for sale in Los Gatos Mountains? You can browse all Los Gatos Mountains real estate or contact a Coldwell Banker agent to request more information.