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$2,175,000
Est. payment /mo
3,681 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Active
Purchase Type For Sale
Square Footage 3,681 sqft
Price per Sqft $590
MLS Listing ID ML82059591
HOA Y/N No
Year Built 1963
Annual Tax Amount $25,991
Lot Size 8,398 Sqft
Property Sub-Type Quadruplex
Property Description
919 Castlewood Drive presents a rare opportunity to acquire a four-unit multifamily investment property in a prime Los Gatos location. The property features an excellent unit mix consisting of one 3-bedroom/2-bathroom unit, two 2-bedroom/1-bathroom units, and one 1-bedroom/1-bathroom unit. The property has benefited from significant electrical upgrades, including a new main electrical panel and new subpanels in all four units. Additional features include dual-pane windows, private patios, on-site laundry, and approximately 3,681 square feet of living space on an 8,400-square-foot lot. Current rents provide attractive income growth potential, while the location offers convenient access to Downtown Los Gatos, Downtown Campbell, The Pruneyard, Los Gatos Creek Trail, Netflix headquarters, and Highways 17 and 85. An attractive opportunity to acquire a well-located Los Gatos multifamily asset with a strong unit mix, meaningful rental upside, and long-term appreciation potential.
Location
State CA
County Santa Clara
Area 699 - Not Defined
Zoning RM51
Interior
Heating Wall Furnace
Cooling None
Fireplace No
Exterior
Parking Features Carport, Uncovered
Carport Spaces 5
View Y/N No
Roof Type Composition
Accessibility None
Total Parking Spaces 1
Building
Story 2
Schools
School District Other
Others
Tax ID 40911018
Special Listing Condition Standard
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Listed by Mitchell Zurich Marcus & Millichap #01870648
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