440 1st Street Street, Los Altos, CA 94022 | MLS ML81960049 | Listing Information | Berkshire Hathaway HomeServices Drysdale Properties | Berkshire Hathaway HomeServices Drysdale Properties
FOR SALE
$5,298,000  

440 1st Street Street
Los Altos, CA 94022

Land
Land Lot
0.1261
Acres Lot
Listing Agent: Abby Ahrens CalDRE: 00325241 - The Abigail Company
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.
ML81960049
Land, Other
Santa Clara
0.1261 Acres
Public
Public Sewer
Electricity Available
School Information
Other
Other
Los Altos
Exterior / Lot Features
Parking
0 Covered Parking Spaces.
Lot View
Hill, Greenbelt
Zoning
R3/CD
Additional Exterior/Lot Features
Level.
Financial Considerations
16741009
Listing Agent: Abby Ahrens CalDRE: 00325241 - The Abigail Company
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