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Investment Highlights

  • Prime Los Gatos Location – Rare 4-unit asset in a highly desirable location
  • Turnkey with Recent Upgrades – Extensive capital improvements including renovated kitchens and bathrooms, updated flooring, and more
  • Large Lot with Future Potential – Situated on an expansive 12,075 SF lot at the end of a quiet cul-de-sac, offering long-term development or expansion
  • Strong Unit Mix – (1) 3BD/2BA, (2) 2BD/1BA, and (1) 1BD/1BA units, supporting stable occupancy
  • Immediate Income with Upside – Stabilized cash flow today with additional rental upside potential in a high-demand rental market
  • Exceptional Location – Minutes from Downtown Los Gatos dining and retail, top-tier schools, and major Silicon Valley employment via Highways 85 & 17

Executive Summary

Magnify is pleased to present 940 Weldwood Ct, a well-maintained 4-unit investment opportunity nestled at the end of a quiet cul-de-sac in the desirable and supply-constrained city of Los Gatos. Situated on an expansive 12,075 square foot lot, this property offers a unique combination of stabilized immediate cash flow and ADU potential.
The building features a diverse unit mix consisting of one 3-bedroom/2-bedroom unit, two 2-bedroom/1-bathroom units, and one 1-bedroom/1-bathroom unit. The asset has undergone recent capital improvements, including updated kitchens and bathrooms, modern flooring, and professional landscaping.
Residents enjoy a peaceful residential atmosphere while remaining minutes away from the world-class dining and retail of Downtown Los Gatos, top-tier schools, and major Silicon Valley employment hubs via Highways 85 and 17.

Financial Summary (Actual - 2025) Click Here to Access

Annual (CAD) Annual Per SF (CAD)
Gross Rental Income $99,999 $9.99
Other Income $99,999 $9.99
Vacancy Loss $99,999 $9.99
Effective Gross Income $99,999 $9.99
Taxes $99,999 $9.99
Operating Expenses $99,999 $9.99
Total Expenses $99,999 $9.99
Net Operating Income $99,999 $9.99

Financial Summary (Actual - 2025) Click Here to Access

Gross Rental Income (CAD)
Annual $99,999
Annual Per SF $9.99
Other Income (CAD)
Annual $99,999
Annual Per SF $9.99
Vacancy Loss (CAD)
Annual $99,999
Annual Per SF $9.99
Effective Gross Income (CAD)
Annual $99,999
Annual Per SF $9.99
Taxes (CAD)
Annual $99,999
Annual Per SF $9.99
Operating Expenses (CAD)
Annual $99,999
Annual Per SF $9.99
Total Expenses (CAD)
Annual $99,999
Annual Per SF $9.99
Net Operating Income (CAD)
Annual $99,999
Annual Per SF $9.99

Property Facts

Price $2,849,059 CAD
Price Per Unit $712,265 CAD
Sale Type Investment
Cap Rate 4.06%
Gross Rent Multiplier 15.7
No. Units 4
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low-Rise
Building Class C
Lot Size 0.28 AC
Building Size 3,681 SF
Average Occupancy 100%
No. Stories 2
Year Built 1963
Zoning RM - Residential -Medium Density

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
1+1 1 - 750
2+1 2 - 900
3+2 1 - 1,100
Fairly walkable
40/100
Exceptionally drivable
100/100
Limited public transit
20/100

Property Taxes

Property Taxes

Parcel Number
282-41-041
Land Assessment
$2,258,748 CAD
Improvements Assessment
$1,125,811 CAD
Total Assessment
$3,384,559 CAD
Annual Taxes
-$1 CAD ($0.00 CAD/SF)
Tax Year
2025
  • Listing ID: 40513948

  • Date on Market: 2026-05-13

  • Last Updated:

  • Address: 940 Weldwood Ct, Los Gatos, CA 95032

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