440 1st Street

Los Altos, CA 94022

$5,298,000
Price
5,495 / 0.13
Lot Size / Acres

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,...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.
  1. Listed by Abby Ahrens • DRE #00325241 • Brokerage DRE #00325241 • The Abigail Company • 650-303-6773
  2. Listed by Gregg Ann Herrern • DRE #01003487 • Brokerage DRE #00325241 • The Abigail Company

Property Details for 440 1st Street

MLS City Name
LOS ALTOS
Building Type
Lots and Land
View
Downtown, Hills, Park
Cross Street
San Antonio Road

Location

Listing Courtesy of The Abigail Company, Abby Ahrens, DRE #00325241; The Abigail Company, Gregg Ann Herrern, DRE #01003487
Add your commute
LISTING UPDATED: 04/04/2024 10:06 AM

Property Details for 440 1st Street

StatusActive
MLS #ML81960049
Days on Compass28
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeLand
MLS TypeLOTS AND LAND / Lots and Land
Year Built-
Lot Size0.13 AC
CountySanta Clara County

Location

Listing Courtesy of The Abigail Company, Abby Ahrens, DRE #00325241; The Abigail Company, Gregg Ann Herrern, DRE #01003487
Add your commute

Building Information for 440 1st Street

Lot Size0.13 AC

Payment Calculator

$32,418 per month

30 year fixed, 7.25% Interest

Principal and Interest

$28,913

Property Taxes

$3,505

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 440 1st Street

Features
Features
  • Fireplace: No
  • Pool: No
Utilities
  • Sewer Septic: Sewer - Public, Sewer Connected
  • Utilities: Electricity - On Site, Gas - Available at Street, Public Utilities
  • Water: Public, Water On Site
Property Details
Homeowners Association
  • HOA Exists: 0
  • HOA Fee: $0
Property Details
  • Area Text: North Los Altos
  • Subclass: Residential Development Land
  • Street Number: 440
  • Street Name: 1st Street
  • Street Suffix: Street
  • Area ID: 211
Lot / Property Details
Development Information
  • Zoning Detail: R3/CD
Location Information
  • City Limits: Yes
  • Incorporated: Yes
  • Parcel Access: City Street
  • Parcel Number: 167-41-009
  • County Name: Santa Clara
  • City Name: LOS ALTOS
  • City Postal ID: 28
  • Postal Code: 94022
  • Elementary School District: 460
  • Middle School Text: Ardis G. Egan Intermediate
  • High School District Text: Mountain View-Los Altos Union High
  • High School Text: Los Altos High
Lot Information
  • Development Status: Approved Building Plan, Have Building Plans, Minor Subdivision (2-4 Parcels)
  • Fencing: Other
  • Horse Property: No
  • Lot Acres: .13
  • Lot Description: Grade - Level, Surveyed
  • Lot Size Area Maximum Units: Square Feet
  • Lot Size Area Minimum Units: Square Feet
  • Lot Size Source: Other
  • Present Use: Business/Professional

Property History for 440 1st Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 440 1st Street

Taxable ValueLand$3,527,544Additions$10,721Total$3,538,265
Tax Record2023$42,060 ($3,505 / month)
Home Facts
Total Finished SqFt1,840 SqFtAbove Grade Finished SqFt1,840 SqFtStories1Lot Size5,495 SqFtStyleOffice BuildingYear Built1980ZoningCDCountySANTA CLARAAPN167-41-009

Schools near 440 1st Street

This home is within Los Altos Elementary School District.
Rating
School
Type
Grades
Distance
Public - K to 6
Public - 7 to 8
Public - 9 to 12
Public - K to 8
Rating
School
Distance
Gardner Bullis Elementary School
PublicK to 6

Ardis G. Egan Junior High School
Public7 to 8

Los Altos High School
Public9 to 12

Lasd Virtual
PublicK to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

Sorry, we can't find any similar homes at this time. Please check back later.

Similar Sold Homes

Sorry, we can't find any similar sold homes at this time. Please check back later.

440 1st Street is a 0.13 ac of land for sale in Los Altos, CA 94022. This property was listed for sale on April 4, 2024 by The Abigail Company, it's currently listed at $5,298,000. It has been on the market for a total of 28 days and was last sold on June 21, 2019. This listing's school districts are Los Altos Elementary School District, Mountain View-Los Altos Union High School District. Nearby schools include Gardner Bullis Elementary School, Ardis G. Egan Junior High School and Los Altos High School. 440 1st Street is a 0-bed, 0-bath, 0.13 ac of land on a 5,495 sq. ft. / 0.13 acres lot.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of The Abigail Company, Abby Ahrens, DRE #00325241; The Abigail Company, Gregg Ann Herrern, DRE #01003487

Based on information from one of the following Multiple Listing Services: San Francisco Association of Realtors, the MLSListings MLS, the BAREIS MLS, the EBRD MLS, Shasta Association of REALTORS® Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by San Francisco Association of Realtors, the MLSListings MLS, the BAREIS MLS, the EBRD MLS, Shasta Association of REALTORS® is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.