Property Overview:
16131 Loretta Ln is a 2-story townhome in a highly sought-after Los Gatos, CA neighborhood. Built in 1980, it offers 3 bedrooms, 2.5 bathrooms, and 1,318 sq. ft. of living space. The home features an attached 2-car garage, central AC and heating, and two spacious private decks. The estimated home value is $1,198,000 (last sold for $700,000 in 2015).
Neighborhood Highlights:
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Crime Rate:
- Personal crime risk: 4.5% (lower than state average of 11.8%)
- Property crime risk: 6.9% (lower than state average of 10.8%)
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Schools:
- Top-rated nearby schools: Farnham Charter, Union Middle, Leigh High, and access to Steindorf STEAM Magnet School
- State average SAT score: 975
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Job Market:
- 74.2% white-collar jobs, 25.9% blue-collar jobs
- Unemployment rate: 2.1% (lower than state average of 4.7%)
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Demographics:
- Community population: 22,996 (22% growth since 2000)
- 67% families with children
- Largest age group: 45-54 years (18.18%), followed by 35-44 years (14.92%)
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Natural Disaster Risk:
- Low flood risk, low tornado risk, high earthquake risk
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Weather:
- Average temperature: 41.3°F (January), 77.4°F (July)
- Average rainfall: 26.1 inches/year
- Average snowfall: 0.1 inches/year
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Cost of Living:
- Median household income: $115,651
- Average annual spending: $76,252
Property Features:
- Newly upgraded kitchen and bathrooms
- Modern light fixtures and recessed lighting
- Newly upgraded flooring (wood/laminate)
- Skylight and vaulted high ceilings
- Walk-in closet in master bedroom
- Attached 2-car garage with extra storage
- Two spacious private decks/patios for indoor-outdoor living
- Central AC and heating
- Fireplace
- Gourmet kitchen with wine cooler and cherry cabinets
- Cultured marble in master bath, marble tile in full bath, granite countertop in half bath
- High-speed CAT5 network cable TV
- Move-in ready and well-maintained
Location Benefits:
- Excellent, quiet neighborhood with top schools
- Minutes to Downtown Los Gatos and Campbell: restaurants, shopping, hiking trails, and amenities
- Easy access to Hwy 85 and Hwy 17
- Commuter-friendly:
- 17 mins to Google campus
- 14 mins to Apple campus
- Near Netflix headquarters
- Open house: Sat/Sun Nov 4-5, 1:30-4:30pm