John E Burge

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533 University AvenueLos Gatos, CA 95032

Multi-Family · 2,572 Sq. ft. | 0.12 Acres
$1,998,000 Active

533 University Avenue Overview

Time on Site:
34 days
Visits:
4

Charming Triplex in the Heart of Downtown Los Gatos. Quintessential lifestyle with a rare investment opportunity. Moments from the vibrant energy of downtown, this property provides the ultimate close-to-everything convenience that defines the magic of this community. Prime investment with timeless character. Fantastic addition to any portfolio offering versatile rental potential in a high-demand market. PER Sec. 29.10.320 OF LOS GATOS CODE OF ORDINANCES, THE TOWN OF LOS GATOS WILL CONSIDER THE ADDITION OF AN 800 SQ. FT. 4TH UNIT IN THE FORM OF AN ADU ABOVE THE GARAGE/CARPORT. Living here means the best of Los Gatos and Silicon Valley are right in your backyard with world-class dining, boutique shopping, and community events just a short stroll away. Residents can walk to local favorites and Michelin-rated dining options. Enjoy an outdoor lifestyle with proximity to Oak Meadow Park, the Los Gatos Creek Trail, the Santa Cruz Mountains and the Santa Cruz all nearby. Close to everything you will need, it also offers effortless access to Hwy 17 and 85 for easy transit around Silicon Valley. The property is situated within the prestigious Los Gatos Union Elementary School District. Do not miss your chance to own a piece of the local legacy in a location that truly has it all.

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533 University Avenue Facts & Features

  • Type Multi-Family
  • Sq. ft. 2,572
  • Price/Sq.ft. $777
  • Lot 0.12 Acres

Details

General

Association/HOA

  • Association: No

School Information

  • School District: Other
  • Elementary School: Daves Avenue
  • Middle Or Junior School: Raymond J. Fisher
  • High School: Los Gatos

Income/Expenses

  • Other Expense: 14400.0
  • Gross Scheduled Income: 99480.0
  • Insurance Expense: 11800.0
  • Maintenance Expense: 8200.0
  • Trash Expense: 1500.0

Building Information

  • Year Built: 1898

Location/Region

  • County Or Parish: Santa Clara
  • MLS Area Major: 699 - Not Defined
  • Postal City: LOS GATOS

Tax Information

  • Tax Annual Amount: 3100.0

General Information

  • Parcel Number: 52907059
  • Property Sub Type: Triplex
  • Property Type: Residential Income
  • Special Listing Conditions: Standard
  • Zoning: R-1D

Interior

Parking Information

  • Garage: No

Beds/Baths

  • Bathrooms Total: 0

Building Interior

  • Building Area Total: 2572.0

General Information

  • Accessibility Features: None
  • Foundation Details: Concrete Perimeter
  • Heating: Yes
  • Living Area: 2572.0
  • Living Area Source: Assessor
  • Stories Total: 2

Exterior

Parking Information

  • Parking Features: Carport

Lot Information

  • Lot Size Acres: 0.1242
  • Lot Size Area: 5408.0
  • Lot Size Source: Assessor
  • Lot Size Square Feet: 5408.0
  • Lot Size Units: Square Feet
  • Number Of Buildings: 1
  • Water Source: Public

Waterfront/View

    Building Exterior/Construction

    • Roof: Composition,Shingle

    General Information

    • Carport Spaces: 4.0
    • Carport: Yes
    • Sewer: Public Sewer

    533 University Avenue Neighborhood

    Community

    95032 (LOS GATOS) Demographics

    46
    Median Age
    1,595
    Population Density (per sq. mile)
    75%
    College Educated
    $153,214
    Estimated Median Income
    6,585
    Estimated Total Home Owners
    3,283
    Estimated Total Renters
    67% / 33%
    Estimated Owner / Renter Divide
    3
    Estimated Average Household Size
    Community data courtesy of LiveBy, Inc.

    Schools

    School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

    533 University Avenue Monthly Cost

    $
    $ %
    %
    $
    $
    * All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

    533 University Avenue Market Data

    Based on the last 30 days in this zip code

    $2,954,046
    Average List Price
    $1,247
    Average Price per Square Foot
    21
    Properties Sold
    106
    Average Days on Market
    164
    Properties for Sale
    Calculations provided by Reliance Network

    533 University Avenue History

    Date Event Value Agent
    6/26/2026Source: CRMLS Price Reduction
    $1,998,000 -16.7%
    5/26/2026Source: CRMLS Added to Database
    May 26, 2026
    Listing provided courtesy of Christie's International Real Estate SerenoBrian Bernasconi- MLS# ML82047345MLS ProviderContact Information: (408) 335-1400
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