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232 University AvenueLos Gatos, CA 95030

For Sale

$2,635,000

Smart Buyer Rebate $26,350

Welcome to University Avenue, a rare opportunity to own a beautifully maintained duplex in one of Los Gatos' most sought-after historic neighborhoods. Nestled among charming single-family homes, this duplex lives like a primary residence with an attached ADU, offering exceptional flexibility for owner-occupants, multigenerational living, or rental income potential.
Built in 1995 and thoughtfully updated, the property features central A/C, hardwood flooring, fireplaces, attached garages, private outdoor spaces, and more. Each residence enjoys its own private entrance, garage, laundry, and yards.
236 University Avenue (approx. 1,800 sq. ft.) offers a two-story layout with 2 spacious bedrooms, an office/den, 3 bathrooms, soaring vaulted ceilings, family room, and attached garage.
232 University Avenue (approx. 700 sq. ft.) features 1 bedroom and 1 bathroom with its own private amenities and outdoor space.
The location is truly exceptional. Just steps from vibrant Downtown Los Gatos, you'll enjoy easy access to renowned restaurants including Dio Deka, Telefèric Barcelona, and Los Gatos Soda Works, boutique shopping along North Santa Cruz Avenue, and nearby favorites such as Vasona Lake County Park, Oak Meadow Park, the Los Gatos Creek Trail, and Testarossa Winery.

Listed by Sammi Moser-Wingo

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License #01949758

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The Agency

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408-857-2026

Last updated June 10, 2026

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Source: MLSListings #ML82050530

Listing Facts

  • TypeMulti-family
  • NeighborhoodEdelen Historic District
  • Days on Prevu7
  • Taxes$24,257/year
  • Size2,500 sqft
  • Price per sqft$1,054

Amenities

  • Pets Allowed
  • Parking

Location

Mortgage Calculator

Listing History

06/10/2026
Listed by The Agency
$2,635,000

Property Details for 232 University Avenue

Exterior

Construction

  • Number Of Units Total: 2
  • Roof: Composition
  • Stories: 2
  • Window Features: Skylight(s)
  • Year Built: 1995
  • Year Built Details: 2

Measurements

  • Building Area Total: 2,500
  • Lot Size Area: 5,662
  • Lot Size Source: Assessor
  • Lot Size Square Feet: 5,662
  • Lot Size Units: Square Feet

Financial

Residential Income

  • Cap Rate: 2.22
  • Gross Income: $107,200.00
  • Operating Expense Includes: Maintenance

Taxes

  • Parcel Number: 529-04-098
  • Tax Annual Amount: $24,257.00

Interior

Features

  • Appliances: Cooktop - Gas, Dishwasher, Oven Range, Refrigerator, Washer/Dryer
  • Flooring: Carpet, Hardwood, Other, Stone
  • Interior Features: High Ceiling, Vaulted Ceiling, Open Beam Ceiling

Measurements

  • Living Area: 2,500

Parking

Parking

  • Carport: Yes
  • Garage Spaces: 2
  • Garage: Yes
  • Parking Features: Attached Garage
  • Parking Total: 2

Schools

Elementary School

  • Elementary School District: Los Gatos Union Elementary

High School

  • High School District: Los Gatos-Saratoga Joint Union High

Middle or Junior School

  • Middle Or Junior School: Raymond J. Fisher Middle

Utilities

Equipment

  • Cooling: Central Forced Air
  • Heating: Forced Air
  • Sewer: Public Sewer
  • Utilities: Public Utilities, Water - Public
  • Water Source: Public

Frequently Asked Questions

How many bedrooms does this multi-family home have?

There is bedrooms in this multi-family home at 232 University Avenue.

What schools are nearby to 232 University Avenue?

Nearby schools include the Raymond J. Fisher Middle.

Does this multi-family home have parking?

Yes, there are 2 parking spaces available for 232 University Avenue.

What are the annual taxes for 232 University Avenue?

Annual taxes for this multi-family home are estimated at $24,257.

What is the square footage on this multi-family home?

According to the MLS, this listing is 2,500 sqft.

232 University Avenue is a -bedroom multi-family home for sale in Los Gatos CA 95030. On Prevu for 7 days at $2,635,000. This home features 2,500 square feet of living space, located in Los Gatos. The median listing price for multi-family homes in this area is $1,799,000. Nearby schools include Raymond J. Fisher Middle. Additional amenities include pets allowed and parking. View other multi-family home listings in Los Gatos.

Based on information from MLSListings™️ 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 Prevu or the MLS. Information is provided exclusively for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing.

Full MLS Disclaimers

Rebate estimate is indicative only and based on listing price and estimated buyer's agent commission paid by owner, if applicable. Final rebates are subject to Terms of Use and may vary due to final negotiated transaction terms.