440 1st Street ST Pending

Los Altos,CA 94022

$ 5298000

- Bed

- Bath

- SqFt


Key Details

Property Type Vacant Land

Sub Type Residential Development Land

Listing Status Pending

Purchase Type For Sale

MLS Listing ID ML81960049

Lot Size 5,495 Sqft

Property 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.

Location

State CA

County Santa Clara

Area North Los Altos

Zoning R3/CD

Exterior

Fence Other

Utilities Available Electricity - On Site,Gas - Available at Street,Public Utilities

View Downtown,Hills,Park

Building

Lot Description Grade - Level,Surveyed

Sewer Sewer - Public,Sewer Connected

Water Public,Water On Site

Others

Special Listing Condition New Subdivision

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