940 Weldwood Ct - Apartments FOR SALE


Los Gatos, CA 95032
$2,080,000 USD
408-438-0969
940 Weldwood Ct, Los Gatos, CA for Sale
$2,080,000 USD
Apartments - FOR SALE
1/14
null | 4.06% Cap Rate

940 Weldwood Ct
Los Gatos, CA 95032


HIGHLIGHTS

  • Prime Los Gatos Location – Rare 4-unit asset in a highly desirable location
  • Strong Unit Mix – (1) 3BD/2BA, (2) 2BD/1BA, and (1) 1BD/1BA units, supporting stable occupancy
  • Turnkey with Recent Upgrades – Extensive capital improvements including renovated kitchens and bathrooms, updated flooring, and more
  • Immediate Income with Upside – Stabilized cash flow today with additional rental upside potential in a high-demand rental market
  • Large Lot with Future Potential – Situated on an expansive 12,075 SF lot at the end of a quiet cul-de-sac, offering long-term development or expansion
  • Exceptional Location – Minutes from Downtown Los Gatos dining and retail, top-tier schools, and major Silicon Valley employment via Highways 85 & 17

OVERVIEW

Magnify is pleased to present 940 Weldwood Ct, a well-maintained 4-unit investment opportunity nestled at the end of a quiet cul-de-sac in the desirable and supply-constrained city of Los Gatos. Situated on an expansive 12,075 square foot lot, this property offers a unique combination of stabilized immediate cash flow and ADU potential. The building features a diverse unit mix consisting of one 3-bedroom/2-bedroom unit, two 2-bedroom/1-bathroom units, and one 1-bedroom/1-bathroom unit. The asset has undergone recent capital improvements, including updated kitchens and bathrooms, modern flooring, and professional landscaping. Residents enjoy a peaceful residential atmosphere while remaining minutes away from the world-class dining and retail of Downtown Los Gatos, top-tier schools, and major Silicon Valley employment hubs via Highways 85 and 17.

FOR SALE DETAILS

PRICE

$2,080,000 USD

PRICE/SF

$565 USD /SF

# OF UNITS

4

PRICE/UNIT

$520,000

CAP RATE

4.06%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1963

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.28 AC

LAND SF

12,075 SF

ZONING

RM

APN/PARCEL ID

282-41-041

ASK ABOUT THIS PROPERTY

Eric KatzMagnify EquityMore Info
408-438-0969

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Eric KatzMagnify EquityMore Info
408-438-0969

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