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4930 National Ave
Los Gatos, CA 95032 Carlton

$13,950,000 USD

Apartments For Sale • 40,100 SF

Property Details

Property Type Apartments
Total Building Size 309,200 SF
Lot Size 1.55 AC
Building Class C
Year Built 1964
Cap Rate 4.49 %
Zoning RM

10 Transit Score

60 Walk Score

                
                    Highlights
                
                                30-unit, three-building community on one parcel — a uniform, all-townhome 2 Bed/1.5 Bath floor plan across every unit.
                            
                                Pool — a recreational amenity that’s uncommon for a mid-size Santa Clara County apartment community, supporting tenant retention and rent premiums
                            
                                Upgraded electrical infrastructure — Siemens main panels and Square D sub-panels, with individual electric metering to all 30 units
                            
                                On-site laundry income — 4 washers/4 dryers generating roughly $14,400/year ($480/unit) in ancillary income on top of scheduled rent.
                            
                                Healthcare-anchored location — near Stanford Healthcare, Good Samaritan Hospital and Sutter Carecenter, and quick access to Downtown San Jose.
                            
                                Quiet and desirable area — Tucked inside a tranquil and serene area bordering Los Gatos.

Financial Summary (Actual)

Net Operating Income: $625,929 USD (2025)

Cap Rate:	4.49 %
Total Expenses:	$425,199 USD

Amenities

24 Hour Access
Controlled Access
Laundry Facilities
Pool
Heating
Kitchen
Refrigerator
Range
Tub/Shower
Maintenance on site
Walk-Up

Public Transportation

Commuter Rail	Drive	Walk	Distance
	14 min	-	9.2 mi
	15 min	-	9.3 mi
Airport	Drive	Walk	Distance
Norman Y Mineta San Jose International	16 min	-	10.3 mi
San Francisco International	49 min	-	38.7 mi
Metro Oakland International	55 min	-	43.5 mi

Parking Details

Parking Available:	Yes
Reserved:	No
Spaces Provided:	31
Type:	Covered
Included in Rent:	Yes

Ray Rodriguez 626-483-5136 Compass Commercial

4930 National Ave Los Gatos, CA 95032 Carlton