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Shovel ready Single Family residence in Los Gatos, CA.

$ 1,600,000
ARV
Seller's estimated After Repaired Value (ARV). Your ARV will depend on your plans for the property. Always do your own due diligence. Then make an offer.
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Price
Seller's asking price. Your negotiation starts here. Make an offer. You may get a counter-offer to start negotiations. Make enough offers and you'll get some accepted.
$1,600,000
Repairs
Seller's repair estimate. Your repair budget will depend on your experience and on your plans for the property. Always best to visit the property to finalize your numbers. Then make an offer.
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Zestimate©
A Zestimate® home valuation is Zillow's estimated market value. It is not an appraisal. Use it as a starting point to determine a home's value.
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Comps
Comps are similar homes that have recently sold close to the subject property. Make sure to compare differences in size, condition, and features.
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Rent Zestimate©
A Rent Zestimate® is Zillow's estimated monthly rental price, computed using a proprietary formula. It is a starting point in determining the monthly rental price for a specific property.
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Subject Property and Comparables

# Address Beds/Baths Sq. ft. Last Sale Date Last Sale Price

Description

Fully permitted lot in Los Gatos, CA
See all details in this listing
https://www.zillow.com/homes/26-Alpine-Ave-Los-Gatos,-CA,-95030_rb/153436826_zpid/

I am hitech engineer who ended up buying this lot(long story). As I am not a developer and have my full time work, I cannot do this myself.

Here is the math
Buy the lot for  : $1.6M
Construction cost :  $1.6M
Carry cost : ~$0.2M
Total input cost : $3.4M
ARV : $4.5M
Profit : $1.1M

 

 

Address: 26 Alpine Avenue, Los Gatos, CA, USA
City:
State/County:
Zip: 95030
Country: United States
Open In Google Maps
Property Id : 32438
Price: $ 1,600,000
walkscore56 / Somewhat Walkable more details here

Active Life

Active Auto Body
(13.12 miles)Active Auto Body
Active Spinal & Sports Care
(18.68 miles)Active Spinal & Sports Care
Active Nutrition
(33.6 miles)Active Nutrition

Restaurants

Southern Kitchen
(0.4 miles)Southern Kitchen
Sidecar Modern Tavern
(0.41 miles)Sidecar Modern Tavern
Los Gatos Cafe
(0.71 miles)Los Gatos Cafe

Shopping

Kitsch Couture
(0.57 miles)Kitsch Couture
Redemption
(0.6 miles)Redemption
Old Town Los Gatos
(0.47 miles)Old Town Los Gatos

Transportation

Corinthian Transportation
(3.65 miles)Corinthian Transportation
Lucky Star Auto Transport
(8.13 miles)Lucky Star Auto Transport
Elite Ground Transportation Services
(0.98 miles)Elite Ground Transportation Services
Make An Offer Or Inquire Below

Kumar

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