About 533 University Avenue
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.
Features of 533 University Avenue
| MLS® # | ML82047345 |
|---|---|
| Price | $1,998,000 |
| Bedrooms | 5 |
| Square Footage | 2,572 |
| Year Built | 1898 |
| Type | Residential Income |
| Sub-Type | Triplex |
| Status | Active |
Community Information
| Address | 533 University Avenue |
|---|---|
| City | Los Gatos |
| County | Santa Clara |
| State | CA |
| Zip Code | 95032 |
Amenities
| View | City Lights, Downtown, Hills |
|---|---|
| Is Waterfront | No |
| Has Pool | No |
Interior
| Heating | Other |
|---|---|
| Cooling | No Air Conditioning |
| Fireplace | No |
School Information
| District | Los Gatos-Saratoga Joint Union High |
|---|
Additional Information
| Date Listed | May 26th, 2026 |
|---|---|
| Zoning | R-1D |
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Agent | Brian Bernasconi |
|---|---|
| Office | Christie's International Real Estate Sereno |