Property Overview:
128 University Ave is a single-family Victorian home in Downtown Los Gatos, CA, built in 1898. It features 3 bedrooms, 2 bathrooms, and 1,318 sq. ft. of living space. The home includes a parking garage and a heating system. The estimated home value is $1,840,000.
Neighborhood Highlights:
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Crime Rate:
- Personal crime risk: 1.7% (much lower than state average of 11.8%).
- Property crime risk: 2.8% (lower than state average of 10.8%).
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Schools:
Nearby schools include Los Gatos High, Louise Van Meter Elementary, and Raymond J. Fisher Middle.- Average SAT score: 1174 (596 Math, 578 English) — well above state average of 975.
- Los Gatos schools are consistently ranked among the best in California.
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Job Market:
- 78.2% white-collar jobs, 21.9% blue-collar jobs.
- Unemployment rate: 2.0% (lower than state average of 4.7%).
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Demographics:
- Community population: 11,686 (23% growth since 2000).
- 65% families with children.
- Largest age group: 45-54 years (20.33%); second largest: 35-44 years (12.38%).
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Natural Disaster Risk:
- Moderate flood risk, low tornado risk, high earthquake risk.
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Weather:
- Average temperature: 41.3°F (January), 77.5°F (July).
- Average rainfall: 28.5 inches/year.
- Average snowfall: 0.1 inches/year.
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Cost of Living:
- Median household income: $176,747.
- Average annual spending: $102,879.
Property Features:
- Classic Victorian architecture with historic grandeur and intricate woodwork.
- Abundant natural light from large windows and high ceilings.
- Culinary kitchen with a large cooking island.
- Four generous bedrooms plus a private office (some listings mention 3 bedrooms, others 4).
- Primary bedroom on the main floor.
- Updated bathrooms.
- Huge attic with high ceilings — potential for expansion.
- Fireplace and relaxing porch.
Location Benefits:
- Downtown Los Gatos:
- Charming, walkable neighborhood with boutique shops, cafes, and restaurants.
- Vibrant atmosphere blending small-town charm and urban sophistication.
- Proximity to nature:
- Surrounded by rolling hills and close to Los Gatos Creek Trail for hiking and biking.
- Top-rated school district and family-friendly community.
- Ideal for outdoor enthusiasts and those seeking a high quality of life.