656 N Santa Cruz Ave - Apartments FOR SALE


Los Gatos, CA 95030- West Los Gatos
$9,495,000 USD
656 N Santa Cruz Ave, Los Gatos, CA for Sale
$9,495,000 USD
Apartments - FOR SALE
1/20
null | 4.35% Cap Rate

656 N Santa Cruz Ave
Los Gatos, CA 95030
West Los Gatos


HIGHLIGHTS

  • Trophy Downtown Los Gatos Location
  • Multi-Use, Residential, Street Front Retail and Office
  • 2 Parcels totally +/- 42,086 sf

OVERVIEW

KW Commercial South Bay, on behalf of ownership, is pleased to present this unique and rare opportunity to acquire the fee simple ownership interest in this trophy investment property situated in Downtown Los Gatos. The Property is comprised of multiple buildings consisting of a mixed use of Retail Office and Residential with a combined square footage of 16,499 sf situated on 42,086 gross square feet of land. The property has approximately 189' of frontage on North Santa Cruz Ave, with additional access on Industrial Ave.

FOR SALE DETAILS

PRICE

$9,495,000 USD

PRICE/SF

$1,644 USD /SF

# OF UNITS

12

PRICE/UNIT

$791,250

CAP RATE

4.35%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Showers Park

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

ADD'L SUBTYPES

Storefront Retail/Residential, Office/Residential

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

2000

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.97 AC

LAND SF

42,086 SF

ZONING

C2

APN/PARCEL ID

529-10-144,529-10-145

ASK ABOUT THIS PROPERTY

Mark Von KaenelKW CommercialMore Info

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Mark Von KaenelKW CommercialMore Info

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