19915 Wright Dr, Los Gatos, CA 95033

Description

THREE RESIDENCES. ESTABLISHED INCOME. EXCEPTIONAL LOS GATOS LOCATION. Three income-producing residences on nearly an acre, just five minutes from downtown Los Gatos and 100 yards from Lexington Reservoir. The attached in-law unit and detached cottage currently generate approximately $6,000 per month combined. The five-bedroom main home previously rented for an additional $6,000 per month, bringing potential gross rental income to approximately $12,000 monthly, or $144,000 annually, based on current and historical rents. The main home features brand-new flooring throughout, dual-pane windows, fresh paint, stainless steel appliances, and quartz countertops. A two-car garage and approximately 540-square-foot semi-finished basement provide additional utility and storage. Desirable Los Gatos schools, proximity to downtown, and access to Lexington Reservoir strengthen the property's rental appeal. With two rentals already generating income and an established rental history for the main home, this versatile property offers a compelling opportunity for investors seeking multiple income streams in a sought-after Los Gatos location. This is a very rare opportunity and excellent value. Don't miss out on this incredible investment opportunity!