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236-268 Calle Marguerita
Los Gatos, CA 95032

Rinconada Court Apartments · Multifamily Property For Sale · 41 Units

Investment Highlights

  • This 41-unit apartment complex presents an exceptional investment opportunity in a high barrier to entry market in Los Gatos.
  • The Silicon Valley area is known for strong employment fundamentals and the affordability gap between renting and owning, which ensures demand.
  • Strategically situated equidistant to both Downtown Los Gatos and Downtown Campbell, providing numerous nearby amenities.
  • Located right off the W Valley Freeway/CA-85 and with easy access to CA-17, this complex presents convenient commuting options.

PROPERTY FACTS

No. Units 41
Property Type Multifamily
Property Subtype Apartment
Apartment Style Garden
Building Class C
Lot Size 2.67 AC
Building Size 33,627 SF
Average Occupancy 100%
No. Stories 2
Year Built 1963
Parking Ratio 2.02/1,000 SF

Unit Amenities

  • Air Conditioning
  • Balcony
  • Dishwasher
  • Disposal
  • Refrigerator
  • Range
  • Patio
  • Wheelchair Accessible (Rooms)

Site Amenities

  • Laundry Facilities
  • Property Manager on Site

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
1+1 3 - 800
2+1 38 - 1,000

PROPERTY TAXES

PROPERTY TAXES

Parcel Numbers
Multiple
  • 409-04-057
  • 409-04-055
  • 409-04-056
  • 409-04-058
Land Assessment
$13,260,000
Improvements Assessment
$6,629,998
Total Assessment
$19,889,998

zoning

Zoning Code RM8 (Medium Density Residential)
RM8 (Medium Density Residential)
  • Listing ID: 20560871

  • Date on Market: 8/7/2020

  • Last Updated:

  • Address: 236-268 Calle Marguerita, Los Gatos, CA 95032

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