919 Castlewood Dr — Sale in Los Gatos, CA
- Price: Contact for price
- Listing type: For sale
- Asset type: Multifamily Property
- Location: Los Gatos, CA 95032
Photos
Investment Figures
- Cap rate
- 4.01%
Derived from the asking price and operating figures published for this listing. Informational only — not an appraisal, valuation or financial advice. Verify independently before relying on any figure.
Description
The Zurich Group of Marcus & Millichap is pleased to present 919 Castlewood Drive, a four-unit multifamily investment opportunity located in a highly desirable Los Gatos neighborhood. Built in 1963, the property features an excellent unit mix consisting of one (1) 3-Bedroom x 2-Bathroom unit, two (2) 2-Bedroom x 1-Bathroom units, and one (1) 1-Bedroom x 1-Bathroom unit. Situated on an approximately 8,400-square-foot lot, the property offers 3,681 square feet of living space and features on-site laundry, private patios, dual-pane windows, new electrical subpanels in all four units, and a new main electrical panel. The combination of spacious floor plans and recent infrastructure improvements provides an attractive foundation for long-term ownership. 919 Castlewood Drive is ideally located near Downtown Los Gatos, Downtown Campbell, The Pruneyard, Los Gatos Creek Trail, and Netflix’s Los Gatos headquarters, home to the company’s leadership and major engineering, product, design, data science, and analytics teams. The property also offers convenient access to Highways 17 and 85 and the broader Silicon Valley employment base, creating a compelling combination of residential desirability, employment proximity, and long-term rental demand. Investment Highlights: • Excellent Mix of 1-, 2- & 3-Bedroom Units • New Main Electrical Panel & Subpanels in All Units • Minutes from Netflix Global Headquarters • Highly Desirable Los Gatos Location • Near Downtown Los Gatos, Downtown Campbell & The Pruneyard • Convenient Access to Highways 17 & 85
Market Context
This multifamily in Los Gatos, CA is listed for sale. It is offered at an approximate 4.0% capitalization rate, a key benchmark for income-producing multifamily assets. Compare it against other multifamily listings for sale in Los Gatos, CA — view the full market.
Contact
- Mitch Zurich · (650) 391-1824 · mzurich@marcusmillichap.com
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