440 1st Street ST, Los Altos, CA 94022
- $5,298,000
Listed by Abby Ahrens, 650-303-6773 from The Abigail Company
(If provided) CoList: Gregg Ann Herrern from The Abigail Company
Sold listing courtesy of Abby Ahrens from ABBY
- Sold Price
- $5,298,000
- List Price
- $5,298,000
- Closing Date
- Dec 06, 2024
- MLS#
- ML81960049
- Status
- SOLD
- Zoning
- R3/CD
- Lot Size
- 5,495
- Neighborhood
- North Los Altos
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.
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Additional Information
- Acres
- 0.13
- Development Status
- Approved Building Plan, Have Building Plans, Minor Subdivision (2-4 Parcels)
- Fence
- Other
- Lot Description
- Grade - Level, Surveyed
- Lot Size
- 5,495
- Neighborhood
- North Los Altos
- Other Utilities
- Electricity - On Site, Gas - Available at Street, Public Utilities
- Parcel Access
- City Street
- Present Use
- Business/Professional
- Sewer
- Sewer - Public, Sewer Connected
- View
- Downtown, Hills, Park
- Zoning
- R3/CD
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