Castlewood DR, Los Gatos, CA 95032

$2,175,000
8
BD
3,681
SqFt

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List Price
$2,175,000
MLS#
ML82059591
Status
ACTIVE
Zoning
RM51
Sqft. of Residence
3,681
Lot Size
8,400
Listing Area
Los Gatos/Monte Sereno

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. Contact listing team for the marketing package and additional information.

Additional Information

Cooling System
None
Foundation
Concrete Perimeter and Slab
Garage Parking
Carport, Uncovered Parking
Heating System
Wall Furnace, Other
Living Area
3,681
Lot Size
8,400
Neighborhood
Los Gatos/Monte Sereno
Other Utilities
Individual Electric Meters
Roof
Composition
Sewer
Sewer Connected
Unincorporated Yn
Yes
Zoning
RM51

Listing courtesy of Mitchell Zurich, 408-888-9594 from Marcus & Millichap
(If provided) CoList: from

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