Four-Unit Residential Income
940 Weldwood Court Los Gatos, CA 95032
940 Weldwood Court, Los Gatos, CA, 95032
$2,080,000
For Sale
$2,080,000
Well-maintained four-unit quadplex offers a mix of 3-bedroom, 2-bedroom, and 1-bedroom units.
Property Size3,681 SF
Lot Size0.28 Acres
Price / SF$565.06
Days on Market70
Property Features for 940 Weldwood Court
General Information
- Standard status
- Active
- Size
- 3,681 SF
- Lot size
- 0.28 Acres
- Property subtype
- Multi Family
Building Details
- Year Built
- 1963
Listing agency
Magnify Real Estate
(916) 548-6515
Listed by
Will Riley · License #02155155
(916) 548-6515
Source
Exitrealty
Added: May 14 Updated: Jul 22 at 7:11AM Checked: Jul 22 at 7:11AM
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 Magnify Real Estate
Investment Insights
Based on property information with market context.
940 Weldwood Court is a well-maintained four-unit residential income property in a cul-de-sac setting. The unit mix includes one 3-bedroom/2-bath unit, two 2-bedroom/1-bath units, and one 1-bedroom/1-bath unit. Recent capital improvements include updated kitchens and bathrooms, modern flooring, and professional landscaping.
The property is located on an approximately 12,075 square foot lot and is described as being minutes from Downtown Los Gatos dining and retail, with access to major Silicon Valley employment hubs via Highways 85 and 17.
This four-unit configuration provides a straightforward residential investment profile with multiple unit sizes across the building.
The property is located on an approximately 12,075 square foot lot and is described as being minutes from Downtown Los Gatos dining and retail, with access to major Silicon Valley employment hubs via Highways 85 and 17.
This four-unit configuration provides a straightforward residential investment profile with multiple unit sizes across the building.
Key Highlights
- Well‑maintained 4‑unit quadplex built in 1963
- Unit mix includes one 3BR/2BA, two 2BR/1BA units, and one 1BR/1BA unit
- Located at the end of a quiet cul‑de‑sac on a 12,075 SF lot
Local Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $150.2k | $40.80 |
| − Vacancy | −$3.6k | −$0.97 |
| EGI | $146.6k | $39.83 |
| − OpEx | −$44.0k | −$11.95 |
| NOI | $102.6k | $27.88 |
3,681 SF · lease $40.80/SF/yr · vacancy 2.38% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$1.47M
$1.28M – $1.71M
NOI $102,627 @ 7.0% cap · market cap 4.93%
Second Best
Apartment 5plus
$1.35M
$1.18M – $1.58M
NOI $94,749 @ 7.0% cap · market cap 4.56%
Theoretical Best
Retail
$2.10M
$1.84M – $2.46M
NOI $147,336 @ 7.0% cap · market cap 7.08%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Quadplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Quadplex - Well-maintained four-unit quadplex offers a mix of 3-bedroom, 2-bedroom, and 1-bedroom units.
Where is this quadplex located?
The property is located at 940 Weldwood Court Los Gatos, CA.
What is the asking price?
The asking price for this property is $2,080,000.
What are key features of this property?
This property features: Well‑maintained 4‑unit quadplex built in 1963; Unit mix includes one 3BR/2BA, two 2BR/1BA units, and one 1BR/1BA unit; Located at the end of a quiet cul‑de‑sac on a 12,075 SF lot
