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… Read More 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. Contact listing team for the marketing package and additional information. Read Less
Courtesy of Marcus & Millichap, Mitchell Zurich 408-888-9594
Listing Snapshot
Days Online
0
Last Updated
Property Type
Fourplex
Square Ft.
3,681
Lot Size
0.19 Acres
Year Built
1963
MLS Number
ML82059591
30 Days Snapshot Of 95032
$2.44M
+3%
(avg) sold price
8
-52%
homes sold
28
-6%
(avg) days on market
Snapshot
Area Map
Additional Details
Lot
Max Area: 8400.00, Max Area Units: Square Feet
Unit One
3 bedrooms in unit 1
Unit Two
1 bedroom in unit 2
Unit Three
2 bedrooms in unit 3
Unit Four
2 bedrooms in unit 4
Accessibility Features
None
Building
Built in 1963, 4 building units, 1 building, 3,681 structure square feet
Roof
Composition
Utilities
Individual Electric Meters
Sewer
Sewer Connected
Security Features
None
Heating
Wall Furnace, Other
Cooling
None
Foundation
Concrete Perimeter and Slab
Water Features
Water On Site
Parking
1 parking space
Miscellaneous
Vacancy factor: 3
Tenant Pays
Utilities - Electric
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The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of the MLSListingsTM MLS system. Real estate listings held by brokerage firms other than the office represented by this website are marked with the Internet Data Exchange icon (a stylized house inside a circle) and detailed information about them includes the names of the listing brokers and listing agents. The broker providing this data believes the data to be correct, but advises interested parties to confirm all information before relying on it for a purchase decision. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listings last updated on .
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