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Listed by Will Riley • Magnify Real Estate, DRE#02155155
$ 2,080,000
Est. payment | /mo
8 Beds
5 Baths
3,681 SqFt
$ 2,080,000
Est. payment | /mo
8 Beds
5 Baths
3,681 SqFt
Key Details
Property Type Multi-Family
Sub Type Fourplex
Listing Status Active
Purchase Type For Sale
Square Footage 3,681 sqft
Price per Sqft $565
MLS Listing ID ML82047029
Bedrooms 8
Full Baths 5
Year Built 1963
Lot Size 0.277 Acres
Property Sub-Type Fourplex
Property Description
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 development 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.
Location
State CA
County Santa Clara
Area Los Gatos/Monte Sereno
Zoning RM51
Interior
Heating Forced Air
Cooling None
Exterior
Parking Features Assigned Spaces
Utilities Available Individual Electric Meters, Individual Gas Meters
Roof Type Composition,Shingle
Building
Story 2
Foundation Concrete Slab
Sewer Sewer - Public
Water Individual Water Meter
Level or Stories 2
Others
Tax ID 409-12-005
Security Features None
Horse Property No
Special Listing Condition Not Applicable
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John Faylor
Realtor | Lic# 1065896