19915 Wright Drive Los Gatos, CA $ 2,250,000
19915 Wright Drive
$ 2,250,000
Recently Listed
Open House 10/31 1:30pm - 4:30pm
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19915 Wright Drive

Los Gatos, CA, 95033
$ 2,250,000
Bedrooms-- Baths0.0 Sq 2,564

Monthly Estimate*

$ 15,540

Listed by Scott C. Poncetta, KW Bay Area Estates, sponcetta@kw.com
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View a Virtual Tour

Multi-Family Home for sale in Los Gatos, CA

for $2,250,000. This 2,564 square foot home was built in 1920 on a lot size of 0.92.

THREE RESIDENCES. ESTABLISHED INCOME. EXCEPTIONAL LOS GATOS LOCATION. Three income-producing residences on nearly an acre, just five minutes from downtown Los Gatos and 100 yards from Lexington Reservoir. The attached in-law unit and detached cottage currently generate approximately $6,000 per month combined. The five-bedroom main home previously rented for an additional $6,000 per month, bringing potential gross rental income to approximately $12,000 monthly, or $144,000 annually, based on current and historical rents. The main home features brand-new flooring throughout, dual-pane windows, fresh paint, stainless steel appliances, and quartz countertops. A two-car garage and approximately 540-square-foot semi-finished basement provide additional utility and storage. Desirable Los Gatos schools, proximity to downtown, and access to Lexington Reservoir strengthen the property's rental appeal. With two rentals already generating income and an established rental history for the main home, this versatile property offers a compelling opportunity for investors seeking multiple income streams in a sought-after Los Gatos location. This is a very rare opportunity and excellent value. Don't miss out on this incredible investment opportunity!

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Open House

10/31/2026 1:30 PM - 4:30 PM
11/1/2026 1:30 PM - 4:30 PM
19915 Wright Drive Los Gatos, CA
* Some states or local ordinances may prohibit Open Houses at this time, please confirm with your Weichert agent or local rep to confirm

Multi-Family Active

Price

$ 2,250,000

Property Type

Multi-Family

Taxes

$ 28,125

Style

Lot Size

0.92

Year Built

1920

Town/City

Los Gatos

County/Region

Santa Clara

MLS | Web ID

ML82065898

Days on Market

1

Features
General
Living Area 2564
Heating Forced Air Fireplace(s) Propane
Possession Close Of Escrow
Roof Composition Shingle
Appliances Dishwasher Gas Cooktop Disposal Microwave Refrigerator Sump Pump
Zoning HS
Garage Spaces 2
Security Features Fire Sprinkler System
Construction Materials Other
Year Built 1920
View Mountain(s) Trees/Woods
Property Subtype Mixed Use
Accessibility None
County Santa Clara
Insurance Expense 2480
Property Type Residential Income
HOA false
MaintenanceExpense 5300
Garage Y/N true
Special Listing Conditions Standard
Status Active
Directions Cross Street: Old Santa Cruz Highway
High School Los Gatos
City Los Gatos
High School District Other
MLS Area 699 - Not Defined
Lot Size Units Square Feet
Lot Size Square Feet 40075
Carport Spaces 2
Carport Y/N true
Elementary School Other
Tax Annual Amount 28125
Middle/Junior High School Raymond J. Fisher
Trash Expense 587
Virtual Tour https://www.19915wright.com/mls/271005946 https://sites.listvt.com/vd/271405621
Standard Status Active
Year Built Source Assessor
Property Sub Type Additional Mixed Use
Cap Rate 4.63
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Interior
Flooring Carpet
Total Stories 1
Basement (Y/N) true
Air Conditioning Y/N true
Heating Y/N true
Total Baths 0
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Exterior
Parking Features Gated Off Street
Total Parking 2
Lot Size Area 40075
Number of Buildings 3
Building Area Total 2564
Lot Size Acres 0.92
Lot Size Source Assessor
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* Excluded Features
List By
Scott C. Poncetta

Listing Agent

Kw Bay Area Estates

Broker

sponcetta@kw.com

Email

Affordability Calculator

$17,884
Per Month
87%
13%
0%
Monthly Principal & Interest
$15,540
Monthly Property Taxes
$2,344
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.375% 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
0 Elementary School
0 Middle School
Los Gatos High School High School
Pricing History
DatePricePrice ChangeDescription
10/28/2026$2,250,000 Listed Price

Map


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19915 Wright Drive, Los Gatos, CA, 95033 is a Multi-Family Home for sale at $2,250,000 with 2,564 sqft and a lot size of 0.92. 19915 Wright Drive has 0.0 baths and was built in 1920. The property's zip code is 95033 which is in Los Gatos, CA