27 days on rocket

440 1st St, Los Altos, CA, 94022

$5,298,000

0.13 Acres
Land
Schools Nearby

Location

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Property Highlights

Home TypeOther
ViewPark, Hills
MLS #ML81960049
Lot Size0.13 Acres
StatusActive

About 440 1st St

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.

Property Details

Property Features

Listing Office:

  • Office Name: The Abigail Company
  • Office Phone: (650) 949-1909
  • Listing Agent: Abby Ahrens

Exterior Features

Exterior Information:

  • View: Park, Hills

Lot Features

Lot Information:

  • Lot: Level
  • Lot Size: 0.13 Acres

School Info

Assigned Schools Information:

  • Ardis G. Egan Junior High School, Public District Grades 7-8
  • Gardner Bullis Elementary School, Public District Grades KG-6

Other

Directions Information:

  • Directions: Cross Street: San Antonio Road / Lyell / Main Street

Price Information

Listing Price Info

Price Summary:

  • List Price: $5,298,000

Tax Information:

  • Annual Amount: $42,437
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Los Altos, CA.

Med. Sold Price

$3.8M

Med. Price/SqFt

$1,609

Avg. Days On Market

10

# of Sold Homes

31

440 1st St vs Los Altos

27 DAYS ON ROCKET

+17 Days

$5,298,000

+$1.4M More

KEY TAKEAWAY

This property is $1.4M more than the Median Sold Price in Los Altos, CA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: CRMLS
  • MLS Number: #ML81960049

Listing Office:

  • Office Name: The Abigail Company
  • Office Phone: (650) 949-1909
  • Listing Agent: Abby Ahrens

IDX Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.

The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 5/2/2024, 7:25:18 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Jun 28, 2019Home Sold
$3,300,000
Feb 01, 2002Home Sold
$707,000

Tax History

YEARPROP. TAXASSESSMENT
2021$42,437$3,400,871
2020$42,437$3,366,000
2019$12,494$936,283
2018$12,495$917,925
2017$12,039$899,927

History based on county public records data.

Payment Calculator

$26.5K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$15.9K

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-4603240
9
/10
  • Gardner Bullis Elementary School

  • 25890 W Fremont Rd

  • 0.95 miles

  • Public District Grades KG-6

Middle School

school-card-donut-4603241
8
/10
  • Ardis G. Egan Junior High School

  • 100 W Portola Ave

  • 1.47 miles

  • Public District Grades 7-8

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $164,309. The most common annual income of people living in Los Altos, CA is $200k+. The most common type of family is single, no kids. Residents of this area typically have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 440 1st St

What is the listing price of this property?

The listing price of 440 1st St property is $5,298,000.

What type of property is this?

The property 440 1st St is land located in Los Altos, California, 94022.

Is this property for sale now?

Active Listing: 440 1st St is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 440 1st St are:
Gardner Bullis Elementary School: GreatSchools Rating 9/10
Ardis G. Egan Junior High School: GreatSchools Rating 8/10

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $42,437 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on June 28, 2019 for $3,300,000. (source: MLS/tax record).

How much acreage is this property?

The property 440 1st St is 0.13 acres.
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Rocket HomesCaliforniaSanta Clara CountyLos Altos94022440 1st St

This home is located at 440 1st St in Los Altos, CA and zip code 94022 in the North Los Altos neighborhood. This home sits on a 0.13 acre lot. It has been listed on Rocket Homes since April 05, 2024 and is currently priced at $5,298,000.

In April 2024, from all listings sold in Los Altos, CA there were more than 20 sold above asking price, over 9 sold below and more than 2 were sold right at the asked price. The number of listings in Los Altos, CA increased by 27.8% between March 2024 and April 2024. The median list price of listings available in April 2024 was $3,891,000, while the average time on the real estate market was 10 days.

From Rocket Homes Real Estate and based on county public records data.

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