440 1st Street Street
Los Altos, CA 94022
0.13 acres | #ML81960049
Description
UNLIKE ANYTHING COMING OR AVAILABLE in charming downtown Los Altos. This fully entitled, architecturally designed development offers four units, each of a large size previously only possible by buying and putting 2 units together. Sold as an approved development ready to pull building permits, known to the trade as "shovel ready". The building provides elevator access to all floors, a small shared gym. two full size parking spaces per unit (no electronic lifts) with EV charging and a spare 9th space, individual storage rooms and a bicycle room. Designed with 2 three bedroom + office townhomes featuring 3.5 baths with over 3,000 sq ft each with private rear yard patios. They have a secondary access to the main elevator and have uniquely designed second floors that have been turned horizontal so as not to have long hallways. The 2 pent-houes of almost 2,000 sq ft each have 2 bedrooms, one could have a third or office, 2.5 baths and each has its' own large roof top deck with extraordinary views. This unique opportunity is perfect for a builder - developer - a 1031 exchange - an investor to rent - or a future homeowner who might want to have it custom built for themselves, their family or to live in one and have rental income. Save years of design and approvals.
Property Details
- Utility FeaturesElectricityAvailable
- ViewParkGreenbelt, Hills
- Date ClosedDecember 30, 2024
- Sewer InformationPublicSewer
- CountySanta Clara
- Original List Price$5,298,000
- MLS #ML81960049
- MLS #ML81960049
- High SchoolLos Altos
- Property TypePurchase
- Cost5298000
- Acres0.1261
- Utility SourcePublic
- Lot DescriptionLevel
- School DistrictOther
- Middle SchoolOther
- Property SubtypeLand
Location
Legal
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Last Updated: . Source: CRMLS
Listing Courtesy
Listing Agent: Abby Ahrens (#ML162077)
Listing Office: The Abigail Company (#ML38431)
Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.