Search
Two-Unit Duplex
New
For Sale
$1,898,000

681 Vasona CT, Los Gatos, CA 95032

Two separate three-bedroom residences offer distinct bathroom configurations within the same property.

Property Size2,416 SF
Days on Market6

Property Features for 681 Vasona CT

General Information

Standard status Active
Size 2,416 SF
Property subtype Duplex

Units

Unit Mix 1 x 3BR/2BA, 1 x 3BR/1.5BA
Multifamily Units 2

Additional Details

Highway Access Yes

Building Details

Building Size 2,416 SF
Year Built 1967
Buildings 1
Listing Agency: Intero Real Estate Services
Listed By: Mark Dunne · License #02211994
Source: Lynnnorth
Added: Oct 1 Changed: Oct 6 Last Checked: Oct 5 at 10:47PM

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

Investment Insights

Based on property information with market context.

Built in 1967, this duplex contains two residences, each with three bedrooms. One residence has two bathrooms; the other has one and a half, providing two distinct layouts within the property.

Vasona Lake County Park and the Los Gatos Creek Trail are within walking distance. Downtown Los Gatos shops and restaurants are a short drive away, with access to Highways 17 and 85 for regional travel.

Key Highlights

  • Two three‑bedroom residences
  • Bathroom layouts include 2 baths in one residence and 1.5 baths in the other
  • Built in 1967

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$53,858
Cap Rate
2.84%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,077,160 $1.1M
Cap Rate 7%
$769,400 $769.4K
Cap Rate 9%
$598,422 $598.4K
Market Conditions
NOI Build-Up for 2,416 SF
Gross rent
$81.2K $33.60/SF
− Vacancy
−$4.2K −$1.75/SF
EGI
$76.9K $31.85/SF
− OpEx
−$23.1K −$9.55/SF
NOI
$53.9K $22.29/SF
Area
Santa Clara County, CA
Vacancy
5.22%
Lease Rate
$33.60 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,077,160
Cap Rate 7%
$769,400
Cap Rate 9%
$598,422

Alternative Uses

Best Use
Multifamily LT 5
$769.4K
$673.2K – $897.6K (±1% cap)
NOI $53,858 @ 7.0% cap · market cap 2.84%
Second Best
Apartment 5plus
$656.0K
$574.0K – $765.4K (±1% cap)
NOI $45,923 @ 7.0% cap · market cap 2.42%
Theoretical Best
Office A
$1.46M
$1.28M – $1.70M (±1% cap)
NOI $102,100 @ 7.0% cap · market cap 5.38%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Unlock full access to Insights Subscribe to Realmo Intelligence
Open Analytics

Current Use

Duplexes

Suggested Use

Top Pick Nail Salon (Bike/Boat/Book/etc) Store Parking Lot & Garage Grocery & Convenience Store Pharmacy Carpet & Flooring Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

2
Residential units
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

1,248
Businesses Nearby

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Duplex - Two separate three-bedroom residences offer distinct bathroom configurations within the same property.
Where is this duplex located?
The property is located at 681 Vasona CT Los Gatos, CA.
What is the asking price?
The asking price for this property is $1,898,000.
What are key features of this property?
This property features: Two three‑bedroom residences; Bathroom layouts include 2 baths in one residence and 1.5 baths in the other; Built in 1967
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message
Why this one?
Saved
Reason not saved — we won't ask again