About Castlewood Dr
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.
Features of Castlewood Dr
| MLS® # | ML82059591 |
|---|---|
| Price | $2,175,000 |
| Square Footage | 3,681 |
| Square Footage | Assessor |
| Acres | 0.19 |
| Year Built | 1963 |
| Type | Multi-Residential |
| Sub-Type | Fourplex |
| Status | Active |
Community Information
| Address | Castlewood Dr |
|---|---|
| Area | Los Gatos/Monte Sereno |
| City | LOS GATOS |
| County | Santa Clara |
| State | CA |
| Zip Code | 95032 |
Amenities
| Utilities | Individual Electric Meters |
|---|---|
| Parking Spaces | 1 |
| Garages | Carport , Uncovered Parking |
| Is Waterfront | No |
| Has Pool | No |
Interior
| Heating | Wall Furnace , Other |
|---|---|
| Cooling | None |
| Fireplace | No |
| # of Stories | 2 |
Exterior
| Roof | Composition |
|---|---|
| Foundation | Concrete Perimeter and Slab |
Additional Information
| Zoning | RM51 |
|---|---|
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Agent | Mitchell Zurich |
|---|---|
| Office | Marcus & Millichap |
| Contact Info | 408-888-9594 |