Discover an unparalleled re-development opportunity in the heart of Los Altos, one of Silicon Valley's most sought-after locations. This high-density development site offers immense potential for multiple uses - Market Rate Development, Affordable Housing, Senior Living etc, catering to the area's growing demand for residential, and mixed-use spaces.
Courtesy: Christie's International Real Estate Sereno
Courtesy: Zane MacGregor
Outstanding building opportunity in prestigious NORTH Los Altos! Hard to find, extra-large, wide and deep rectangular lot with excellent dimensions: 13,000+ sq ft with street frontage of 100 ft and depth of 133ft. Ideal for buyers wanting to build their dream home and also for investors who want to develop the lot to maximize potential (check with city on options). Existing home is in original condition with substantially deferred maintenance and the value is in the land. Prime Los Altos location close to BOTH Los Altos downtown & local schools! Convenient to many amenities including San Antonio Center, restaurants, shopping, Whole Foods and local favorites - Draegers and De Martini. Easy commute access to highway 280 and to Silicon Valley tech firms such as Google, Meta and Apple. Top-rated Los Altos schools: Almond Elementary, Egan Junior High, Los Altos High.
4350 El Camino Real is a 0.66-acre site approved for a 47-unit residential condominium development. The project includes a mix of one-bedroom, two-bedroom, and three-bedroom units in a five-story building with two levels of subterranean parking. Forty of the units will be offered at market rate, with three units reserved for Very Low Income households and four units for Moderate Income households. Of the 84 spaces in the parking garage, five will feature electric vehicle charging. The subject site is less than one-half mile from the intersection of El Camino Real and San Antonio Road and is close to retail, dining, and entertainment. Whole Foods, Safeway, Walmart, Target, Trader Joe's, and CVS are nearby, as well as dozens of casual dining and fast-food restaurants. Downtown Los Altos and downtown Mountain View are both less than two miles from the site; both are pedestrian retail districts with numerous restaurants and shops.
Los Altos is located in California. Los Altos, California has a population of 31,562. Los Altos is more family-centric than the surrounding county with 45.14% of the households containing married families with children. The county average for households married with children is 38.78%.
The median household income in Los Altos, California is $250,001. The median household income for the surrounding county is $140,258 compared to the national median of $69,021. The median age of people living in Los Altos is 45.8 years.
The average high temperature in July is 80.9 degrees, with an average low temperature in January of 39.9 degrees. The average rainfall is approximately 18.8 inches per year, with 0 inches of snow per year.
