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Undisclosed Address #ML82059591Los Gatos, CA 95032

For Sale

$2,175,000

Smart Buyer Rebate $21,750

919 Castlewood Drive presents a rare opportunity to acquire a four-unit multifamily investment property in a prime Los Gatos location. The property features an excellent unit mix consisting of one 3-bedroom/2-bathroom unit, two 2-bedroom/1-bathroom units, and one 1-bedroom/1-bathroom unit.

The property has benefited from significant electrical upgrades, including a new main electrical panel and new subpanels in all four units. Additional features include dual-pane windows, private patios, on-site laundry, and approximately 3,681 square feet of living space on an 8,400-square-foot lot.

Current rents provide attractive income growth potential, while the location offers convenient access to Downtown Los Gatos, Downtown Campbell, The Pruneyard, Los Gatos Creek Trail, Netflix headquarters, and Highways 17 and 85. An attractive opportunity to acquire a well-located Los Gatos multifamily asset with a strong unit mix, meaningful rental upside, and long-term appreciation potential.

Listed by Mitchell Zurich

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License #01870648

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Marcus & Millichap

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408-888-9594

Last updated September 08, 2026

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Source: MLSListings #ML82059591

Listing Facts

  • TypeMulti-family
  • NeighborhoodRinconada
  • Days on Prevu16
  • Taxes$25,991/year
  • Size3,681 sqft
  • Price per sqft$591

Amenities

  • Pets Allowed
  • Parking

Location

Mortgage Calculator

Listing History

09/08/2026
Status changed to Active
$2,175,000
09/01/2026
Status changed to In Contract
$2,175,000
08/31/2026
Listed by Marcus & Millichap
$2,175,000
  1. 09/08/2026$2,175,000
    Status changed to Active
  2. 09/01/2026$2,175,000
    Status changed to In Contract
  3. 08/31/2026$2,175,000
    Listed by Marcus & Millichap

Property Details for Undisclosed Address #ML82059591

Exterior

Construction

  • Number Of Units Total: 4
  • Roof: Composition
  • Stories: 2
  • Year Built: 1963
  • Year Built Details: 2

Measurements

  • Building Area Total: 3,681
  • Lot Size Area: 8,400
  • Lot Size Source: Assessor
  • Lot Size Square Feet: 8,400
  • Lot Size Units: Square Feet

Financial

Residential Income

  • Cap Rate: 4.14
  • Gross Income: $133,104.00
  • Operating Expense Includes: Gardener, Insurance, Other, Utilities, Vacancy Allowance

Taxes

  • Parcel Number: 409-11-018
  • Tax Annual Amount: $25,991.00

Interior

Measurements

  • Living Area: 3,681

Parking

Parking

  • Carport Spaces: 5
  • Carport: Yes
  • Parking Features: Carport
  • Parking Total: 1

Schools

Elementary School

  • Elementary School District: Campbell Union Elementary

High School

  • High School District: Campbell Union High

Utilities

Equipment

  • Heating: Other, Wall Furnace
  • Utilities: Individual Electric Meters
  • Water Source: Water On Site

Frequently Asked Questions

How many bedrooms does this multi-family home have?

There is bedrooms in this multi-family home at Undisclosed Address #ML82059591.

Does this multi-family home have parking?

Yes, there is 1 parking space available for Undisclosed Address #ML82059591.

What are the annual taxes for Undisclosed Address #ML82059591?

Annual taxes for this multi-family home are estimated at $25,991.

How does Undisclosed Address #ML82059591 compare to other multi-family homes in Rinconada?

This multi-family home is listed 13% above the average price for multi-family homes in Rinconada and has been on the market for 81 less days than the typical home in this area.

What is the square footage on this multi-family home?

According to the MLS, this listing is 3,681 sqft.

Undisclosed Address #ML82059591 is a -bedroom multi-family home for sale in Los Gatos CA 95032. Listed on Prevu for 16 days at $2,175,000. This home features 3,681 square feet of living space, located in Rinconada. The median listing price for multi-family homes in this area is $1,598,500. Additional amenities include pets allowed and parking. Browse more multi-family home listings in Los Gatos.

The data relating to real estate for sale on this display comes in part from the Internet Data Exchange program of the MLSListings™️ MLS system. Real estate listings held by brokerage firms other than Prevu Real Estate are marked with the Internet Data Exchange and detailed information about them includes the names of the listing brokers and listing agents. Based on information from the MLSListings MLS) as of 09/08/2026. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Data Services by Constellation Data Labs. IDX display powered by Prevu Real Estate. Copyright 2026 MLSListings Inc. All rights reserved.

Full MLS Disclaimers

Rebate estimate is indicative only and based on listing price and estimated buyer's agent commission paid by owner, if applicable. Final rebates are subject to Terms of Use and may vary due to final negotiated transaction terms.