106 Verde Court, Los Gatos, California 95032, Los Gatos, 95032 - 0 bed, 0 bath
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Los Gatos, California 95032
This duplex presents a High-Potential Investment Opportunity with a List Price of $2,200,000—positioned above the $2,069,029 Fair Market Value. While the property requires modernization due to its Condition Rating of 4, the Prime Cul-de-Sac Location in a neighborhood of multi-million dollar estates ensures long-term asset stability. The Rare Investment Opportunity provides significant value-add potential through interior renovations. This asset is ideal for Buy-and-Hold Investors or Value-Add Developers looking to capitalize on the high-demand Los Gatos rental market.
Property is moderate renovation needed.
The property is 63 years old (built 1961) and appears largely original with only minor cosmetic updates like laminate flooring mentioned. The exterior shows dated windows and significant driveway cracking, suggesting that kitchens, bathrooms, and major systems likely exceed 20 years of age and require modernization to meet the standards of the surrounding multi-million dollar estate homes.
Situated in an upscale, quiet cul-de-sac surrounded by multi-million dollar estate homes, offering high prestige and proximity to downtown Los Gatos.
Duplexes in this specific area are exceptionally rare, with the last sale occurring two years ago, making this a high-demand asset for residential income.
The property provides access to top-tier schools, a significant driver for long-term property appreciation and consistent tenant desirability.
Built in 1961, the property may require significant capital investment for modernizing systems and aesthetic finishes to match the surrounding luxury neighborhood.
With only one bathroom per two-bedroom unit, the layout may be less competitive for modern tenants or families compared to updated multi-bath configurations.
Very, very rare offering - a duplex on Verde Court. Last one sold 2 years ago. Both units have two bedrooms and one bath. Back unit has wood laminate floors. Spacious living rooms. Large private yards. Upscale, quiet Cul de sac location in a neighborhood with multi-million dollar estate homes. Units 106 and 104. Each unit has 1 car garage plus extra driveway parking. Top schools. Close to downtown Los Gatos. Minutes from Hwy. 17 and 85.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | - | - | 0% |
| Baths | - | - | 0% |
| Square foot | - | - | 0% |
| Lot Size | - | - | 0% |
| Price | - | - | 0% |
| Price per sq ft | - | - | 0% |
| Built year | 1961 | - | 0% |
| HOA | $0 | $0 | 0% |
| Days on market | - | - | 0% |
May 28, 2026
$1,600,000
$1,998,000
-20% Price Drop
Initial Listing
May 23, 2026
$1,998,000
$2,200,000
-9% Price Drop
Initial Listing
May 16, 2026
$2,200,000
Initial Listing