(Google Maps) 143 and 151 East Main Street, an office building and cafe site in downtown Los Gatos.
LOS GATOS — Two downtown Los Gatos commercial properties in prime locations have been seized by a lender through foreclosure of a delinquent loan for the sites.
The Los Gatos properties that were foreclosed are an office building at 2 North Santa Cruz Avenue and an office and restaurant building with addresses of 143 and 151 East Main Street, according to documents on file with the Santa Clara County Recorder’s Office.
The foreclosure is a reminder that financial setbacks can haunt real estate investors even