Two-Unit
624 Vasona AVE, Los Gatos, CA 95032
For Sale
$1,888,000
Both residences have three bedrooms, with different bathroom configurations.
Property Size2,397 SF
Price / SF$787.65
Days on Market180
Property Features for 624 Vasona AVE
General Information
Standard status
Size
Property subtype
Units
Unit Mix
Multifamily Units
Taxes and HOA fees
Annual Taxes
Building Details
Building Size
Year Built
Listing Agency:
Intero Real Estate Services
Listed By:
Mark Gissler · License CA #00901229
(408) 205-1729
Source:
Haylengroup
Added: May 14
Changed: Nov 9
Last Checked: Nov 9 at 1:03PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Intero Real Estate Services
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Investment Insights
Based on property information with market context.
Built in 1965, this duplex contains 2,397 square feet across two residences. Each has three bedrooms; one includes two bathrooms, while the other has one and a half.
The property is near shopping, dining, and schools, with access to major commute routes.
The property is near shopping, dining, and schools, with access to major commute routes.
Key Highlights
- 2,397 square feet across two residences
- Both units have 3 bedrooms
- One unit has 3 bedrooms and 2 bathrooms
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$54,128
Cap Rate
2.87%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,082,560
$1.1M
Cap Rate 7%
$773,257
$773.3K
Cap Rate 9%
$601,422
$601.4K
Market Conditions
NOI Build-Up for 2,397 SF
Gross rent
$80.5K $33.60/SF
− Vacancy
−$3.2K −$1.34/SF
EGI
$77.3K $32.26/SF
− OpEx
−$23.2K −$9.68/SF
NOI
$54.1K $22.58/SF
Area
Santa Clara County, CA
Vacancy
3.99%
Lease Rate
$33.60 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,082,560
Cap Rate 7%
$773,257
Cap Rate 9%
$601,422
Alternative Uses
Best Use
Multifamily LT 5
$773.3K
$676.6K – $902.1K
NOI $54,128 @ 7.0% cap · market cap 2.87%
Second Best
Apartment 5plus
$714.5K
$625.2K – $833.6K
NOI $50,014 @ 7.0% cap · market cap 2.65%
Theoretical Best
Office A
$1.45M
$1.27M – $1.69M
NOI $101,297 @ 7.0% cap · market cap 5.37%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
Who owns this building?
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Open Analytics
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
1,392
Businesses Nearby
Explore this area
Business Placement
Demographics for 95032, CA
28,109
Population
11,146
Households
2.5
Avg Household Size
45
Median Age
76%
College-Educated
98%
High-School Grad
18.7 sq mi
ZIP Area
1,503
Density / Sq Mi
$195,188
Median Household Income
$128,689
Median Earnings
$3,123
Median Rent
$2,000,001
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Average Price Trend$/SF for Duplexes in Santa Clara County, CA
Properties on Market for Duplexes in Santa Clara County
Vacancy Rate% for Multifamily in West region
Frequently Asked Questions
What type of property is this?
Duplex - Both residences have three bedrooms, with different bathroom configurations.
Where is this duplex located?
The property is located at 624 Vasona AVE Los Gatos, CA.
What is the asking price?
The asking price for this property is $1,888,000.
What are key features of this property?
This property features: 2,397 square feet across two residences; Both units have 3 bedrooms; One unit has 3 bedrooms and 2 bathrooms
