Multi-Family: MLS #ML82059591 Los Gatos, CA $ 2,175,000
Multi-Family: MLS #ML82059591
$ 2,175,000
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Multi-Family: MLS #ML82059591

Los Gatos, CA, 95032
$ 2,175,000
Baths0.0 Sq 3,681

Monthly Estimate*

$ 13,733

Listed by Marcus & Millichap
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Studio

Multi-Family Home for sale in Los Gatos, CA

for $2,175,000. This 3,681 square foot home was built in 1963 on a lot size of 0.1928.

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.

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Multi-Family Active

Price

$ 2,175,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 25,991

Style

Lot Size

0.1928

Year Built

1963

Town/City

Los Gatos

County/Region

Santa Clara

MLS | Web ID

ML82059591

Days on Market

1

Features
General
Living Area 3681
Heating Wall Furnace
Cooling None
Roof Composition
Zoning RM51
Garage Spaces 0
Year Built 1963
Property Subtype Quadruplex
Accessibility None
County Santa Clara
Insurance Expense 2839
Property Type Residential Income
HOA false
MaintenanceExpense 2000
Garage Y/N false
Special Listing Conditions Standard
Status Active
City Los Gatos
High School District Other
MLS Area 699 - Not Defined
Lot Size Units Square Feet
Lot Size Square Feet 8400
Carport Spaces 5
Carport Y/N true
Tax Annual Amount 25991
Trash Expense 2301
Standard Status Active
Occupancy Type Tenant
Year Built Source Assessor
Property Sub Type Additional Quadruplex
Cap Rate 4.14
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Interior
Total Stories 2
Air Conditioning Y/N true
Heating Y/N true
Total Baths 0
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Exterior
Parking Features Carport Uncovered
Total Parking 1
Lot Size Area 8400
Number of Buildings 1
Building Area Total 3681
Lot Size Acres 0.1928
Lot Size Source Assessor
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* Excluded Features
List By
Marcus & Millichap

Broker

mzurich@marcusmillichap.com

Email

Affordability Calculator

$15,899
Per Month
86%
14%
0%
Monthly Principal & Interest
$13,733
Monthly Property Taxes
$2,166
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4827338 Elementary School
4827337 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
8/31/2026$2,175,000 Listed Price

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