656 N Santa Cruz Ave - Apartments FOR SALE


Los Gatos, CA 95030- West Los Gatos
$8,995,000 USD
669-291-1395
656 N Santa Cruz Ave, Los Gatos, CA for Sale
$8,995,000 USD
Apartments - FOR SALE
1/20
null | 4.59% Cap Rate

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


HIGHLIGHTS

  • The property offers multi-use potential, including residential, street-front retail, and office space.
  • The property consists of two parcels totaling approximately 42,086 square feet.

OVERVIEW

KW Commercial South Bay is proud to present a rare opportunity of a trophy investment property in the heart of Downtown Los Gatos. The property features three versatile and well-maintained buildings, totaling 16,499 square feet, thoughtfully designed for mixed-use functionality including retail, office, and residential. Each structure contributes to a dynamic and flexible investment profile, ideal for long-term income and value appreciation. Positioned on a generous 42,086 square foot lot, the property offers prominent visibility with approximately 189 feet of frontage along bustling North Santa Cruz Avenue, and convenient secondary access via Industrial Avenue. This prime location, combined with its diverse use potential and strategic layout, makes the property a standout investment in one of Silicon Valley’s most desirable markets.

FOR SALE DETAILS

PRICE

$8,995,000 USD

PRICE/SF

$545 USD /SF

# OF UNITS

12

PRICE/UNIT

$749,583

CAP RATE

4.59%

% 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
669-291-1395

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.

Mark Von KaenelKW CommercialMore Info
669-291-1395

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.