681 Vasona Court, Los Gatos, California 95032, Los Gatos, 95032 - 0 bed, 0 bath
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681 Vasona Court
Los Gatos, California 95032
ACTIVE
CONDITION: GOOD
0Beds
0Baths
2,416Sq Ft
9,880Lot Size
Property Price
LIST PRICE$1,898,000
EST. MARKET VALUE
$2,235,555
15% BelowMARKET VALUE
SUMMARY
This Duplex Residential Income property presents a High-Potential Investment Opportunity with a List Price of $1,898,000—positioned well below the $2,235,556 Fair Market Value by 15%. This valuation gap offers $337,556 in Instant Equity. Featuring a 3-bedroom/2-bath and 3-bedroom/1.5-bath layout with a Condition Rating of 3, the property offers immediate rental viability. With a 9,880 sqft lot and a private patio, this is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking to offset mortgage costs through rental income.
Estimated Market Value
$2,235,555+$337,555 Equity Potential
Based on Realkey algorithm analyzing recent comparable sales in Los Gatos.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 681 Vasona Court Subject 0 bd · 0 ba · 2,416 sqft · $925 | $1,898,000* List Price | 0 | 0 | 2,416 | $925 | - |
A 624 Vasona Avenue Active 0 bd · 0 ba · 2,397 sqft · $804 · 0.1 mi | $1,928,000 List Price | 0 | 0 | 2,397 | $804 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Good
TeardownExcellent
Property is move-in ready.
Built in 1967 but shows clear evidence of being well-maintained and partially renovated within the 5-15 year range. The interiors feature fresh paint, clean carpets, and updated stone-look countertops in one unit, while the other retains functional tile. The exterior and HVAC system appear to be in good working order, making the property move-in ready for tenants or an owner-occupant.
PROSSTRENGTHS & OPPORTUNITIES
- Prime Location
Situated within walking distance to Vasona Lake County Park and Los Gatos Creek Trail, offering exceptional lifestyle amenities and high tenant demand in a prestigious neighborhood.
- Dual-Unit Versatility
Featuring two spacious 3-bedroom residences, the property provides flexible options for rental income, multi-generational living, or a high-yield investment in the Silicon Valley market.
- Substantial Lot Size
The nearly 10,000 square foot lot offers significant outdoor space and privacy, a rare and valuable feature for multi-family residential properties in this price point.
CONSRISKS & DEFICIENCIES
- High Association Fees
The $700 monthly association fee adds a significant recurring expense that could impact the overall cap rate for investors or the monthly budget for owner-users.
- Dated Construction
Built in 1967, the property may require capital improvements or modernization to systems and finishes to meet the luxury standards expected in Los Gatos.
About 681 Vasona Court
Discover the possibilities of duplex ownership in Los Gatos, featuring a 3-bedroom, 2-bath residence and a 3-bedroom, 1.5-bath residence. Whether youre looking for an investment property, a place to live with rental income from the second residence, or space for extended family, this property offers flexibility to fit your goals. Great location and amenities, with a short walk to Vasona Lake County Park and the Los Gatos Creek Trail, minutes to downtown Los Gatos shops and restaurants, and convenient to Highways 17 and 85 for Silicon Valley commutes.
Property Details
Public Facts
- Property Type
- Duplex
- Year Built
- 1967
- Lot Size
- 9,880 Sq. Ft.
Interior
- Total Bedrooms
- 0
- Total Bathrooms
- -
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $700.0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 0.0 | 0.0 |
| Baths | 0.0 | 0.0 |
| Square foot | 2,416 | 1,987 |
| Lot Size | 9,880 | 7,599 |
| Price | $1.90M | $1.83M |
| Price per sq ft | $786 | $922 |
| Built year | 1967 | 1962 |
| HOA | $700.0 | $0 |
| Days on market | 23 | 87 |
Pricing History
Listed for Sale
Oct 1, 2026
$1,898,000
Initial Listing
Sold
Apr 7, 2005
$830,000
Public Record