Los Gatos, California Information
The median household income for the years 2009-2013 was $122,476, with only 4.6% of its residents below the poverty threshold. Home rates have appreciated 229% since 1990 and in the last year, home appreciation was up almost 14 percent over the prior year. The evolution of the community from labor to the high tech industry is likely responsible for the significant increase in home prices. The median home value in the area is $1,717,000 and numbers are estimated to rise another 2.5% in 2016. 31% of the population resides in rental housing units and average lease rates range from $2500 for a single bedroom townhome to upward of $5,500-$9,000 per month to rent a single family home, making for a sound investment for property owners in the area.
Los Gatos, California Details
The mild, Mediterranean-like climate year-round draws high profile residents, including several NFL players, authors, actors, and many creative minds. Legendary heroes Todd Beamer and Mark Bingham are among Los Gatos’ famous residents, and are credited with the take-down of the terrorists of Flight 93.
98% of Los Gatos residents have obtained a high school degree, with a majority earning their bachelor’s degree (68%) and 25% of the population attaining their master’s degree.
Los Gatos, California was established in 1840 by way of a Mexican land grant. Though the community spans less than 12 square miles, the tiny town is surrounded by and shares a zip code with mountains bearing the same name. Avid bicyclists can enjoy the over 20 miles of bike trails that grace the 100 square mile span. Despite its high profile residents, this California community is a low crime area with less than one percent of crimes in 2015 reported as violent, and only a single murder for the same year. The town is listed on the National Register of Historic Places and boasts many popular restaurants, including Manresa, which earned its third Michelin star in 2015.
The median household income for the years 2009-2013 was $122,476, with only 4.6% of its residents below the poverty threshold. Home rates have appreciated 229% since 1990 and in the last year, home appreciation was up almost 14 percent over the prior year. The evolution of the community from labor to the high tech industry is likely responsible for the significant increase in home prices. The median home value in the area is $1,717,000 and numbers are estimated to rise another 2.5% in 2016. 31% of the population resides in rental housing units and average lease rates range from $2500 for a single bedroom townhome to upward of $5,500-$9,000 per month to rent a single family home, making for a sound investment for property owners in the area.
Call us for a comprehensive market analysis of your rental property.
Los Gatos Property Management
Our property management team specializes in residential areas throughout Los Gatos, CA. We offer multiple services to take your rental property and convert it into reliable income. We have a thorough screening process that helps to identify the right tenants for your property. Our team works hard to keep both parties happy through effective communication, bullet proof lease agreements, and timely monthly rent collection. We offer maintenance services to enhance the property and ensure that it will retain or increase in value. We oversee everything, allowing you to sit back and relax and know that your property and your tenants are in good hands.
Contact us today if you are ready to receive a comprehensive analysis of your rental property and to inquire about our Los Gatos area property management services.
Chapin's knowledge, professionalism and experience are second to none. He makes an extremely difficult experience of having an income property very simple and easy to understand. If you are looking for a high quality property manager, call Chapin and Keyrenter. Can't recommend them enough.
Jason C., Satisfied Client
I sought out Keyrenter Silicon Valley after a pretty bad previous experience and was very skeptical. Keyrenter has more than proven themselves and earned my complete trust. I am thrilled with their service and expertise as they have gone beyond my expectations. Highly recommend!
Kyle F., Satisfied Client
I have been two and a half years renting the property under the Keyrenter of Silicon Valley management and I have nothing but nice words to say about them, they quickly and timely respond whenever I need any services and they make my living very pleasant experience, so I would wholeheartedly recommend them to anyone who is looking to live in one of the properties under their management.
Misha M., Satisfied Client
Moving my business to Chapin was hands down the best decision I've ever made. I truly feel like a weight has been lifted because I know everything is being taken care of (finally!) Chapin knows what he is doing, and after my horrible past experiences I needed that reassurance. I highly recommend you use KeyRenter!
Alexandra A., Satisfied Tenant
Comprehensive Management and Maintenance Solutions
As a leader in the local property management industry in Campbell California, Keyrenter Silicon Valley helps owners of houses and apartments find relief from landlord responsibilities. We are a reliable and trusted business that uses traditional and innovative strategies to get real results for our clients. We know that maintaining properties and dealing with tenants can be a huge sink that detracts from the value of your real estate investment. We offer complete management services, so you don’t have to do do anything to reap the rewards from renting your properties.
Advanced marketing and tenant relations
The key to success in property management is finding quality tenants and keeping them interested in the property. We are very confident in our advertising and marketing practices, which allows us to offer you our Tenant Guarantee. If the first tenant isn’t in place for at least six months, we will put it a replacement at no charge to you. The Keyrenter Silicon Valley team of professionals are experts at problem solving and conflict resolution. We respond quickly to your concerns, as well as those of your tenants. Keeping residents satisfied with well-maintained properties ensures a prosperous relationship for all parties involved.
Optional Eviction Guard®
Our clients can also take advantage of Eviction Guard®, an optional service that protects you in the event of an eviction. For a small monthly fee, the program covers financial loss associated with court and filing fees that result from an eviction. Many property owners have saved money and a lot of stress with this service.
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PROVEN AND TRUSTED
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CalBRE # 02001742